Dominican Republic - Index of economic freedom

62.60 (score) in 2023

In 2023, index of economic freedom for Dominican Republic was 62.6 score. Index of economic freedom of Dominican Republic increased from 54.6 score in 2004 to 62.6 score in 2023 growing at an average annual rate of 0.73%.

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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 Dominican Republic index of economic freedom?