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Democratic People's Republic of Korea - Index of economic freedom

5.80 (score) in 2018

Democratic People's Republic of Korea index of economic freedom was at level of 5.8 score in 2018, up from 4.9 score previous year, this is a change of 18.37 %.

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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. 100 represents the maximum freedom.

What is Democratic People's Republic of Korea index of economic freedom?

Date Value Change, %
2018 5.80 18.37 %
2017 4.90 113.04 %
2016 2.30 76.92 %
2015 1.30 30.00 %
2014 1.00 -33.33 %
2013 1.50 50.00 %
2012 1.00 0.00 %
2011 1.00 0.00 %
2010 1.00 -50.00 %
2009 2.00 -33.33 %
2008 3.00 0.00 %
2007 3.00