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Iceland - Index of economic freedom

77.00 (score) in 2018

In 2018, index of economic freedom for Iceland was 77 score. Since 1999, index of economic freedom of Iceland fluctuated between a low of 68.2 score in 2011 and a high of 77 score in 2018 averaging at 73.58 over the last 20 years.

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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 Iceland index of economic freedom?

Date Value Change, %
2018 77.00 3.49 %
2017 74.40 1.50 %
2016 73.30 1.81 %
2015 72.00 -0.55 %
2014 72.40 0.42 %
2013 72.10 1.69 %
2012 70.90 3.96 %
2011 68.20 -7.46 %
2010 73.70 -2.90 %
2009 75.90 0.13 %
2008 75.80 -0.26 %
2007 76.00