Iraq - Index of economic freedom

15.60 (score) in 2002

Iraq index of economic freedom was at level of 15.6 score in 2002, down from 17.2 score previous year, this is a change of 9.30 %.

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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.