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Guinea - Index of economic freedom

52.20 (score) in 2018

In 2018, index of economic freedom for Guinea was 52.2 score. Though Guinea index of economic freedom fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 52.2 score in 2018.

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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 Guinea index of economic freedom?

Date Value Change, %
2018 52.20 9.66 %
2017 47.60 -10.69 %
2016 53.30 2.30 %
2015 52.10 -2.62 %
2014 53.50 4.49 %
2013 51.20 0.79 %
2012 50.80 -1.74 %
2011 51.70 -0.19 %
2010 51.80 1.57 %
2009 51.00 -3.41 %
2008 52.80 -3.12 %
2007 54.50