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Papua New Guinea - Index of economic freedom

55.70 (score) in 2018

In 2018, index of economic freedom for Papua New Guinea was 55.7 score. Though Papua New Guinea index of economic freedom fluctuated substantially in recent years, it tended to decrease through 1997 - 2018 period ending at 55.7 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 Papua New Guinea index of economic freedom?

Date Value Change, %
2018 55.70 9.43 %
2017 50.90 -4.32 %
2016 53.20 0.19 %
2015 53.10 -1.48 %
2014 53.90 0.56 %
2013 53.60 -0.37 %
2012 53.80 2.28 %
2011 52.60 -1.68 %
2010 53.50 -2.37 %
2009 54.80 -4.20 %
2001 57.20 2.51 %
2000 55.80