Czech Republic - Index of economic freedom (100 represents the maximum freedom)

71.9 (score) in 2023

In 2023, index of economic freedom for Czech Republic was 71.9 score. Index of economic freedom of Czech Republic increased from 67 score in 2004 to 71.9 score in 2023 growing at an average annual rate of 0.39%.

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What is index of economic freedom?

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.

What is Czech Republic index of economic freedom?