Trinidad and Tobago - Index of economic freedom

59.50 (score) in 2023

In 2023, index of economic freedom for Trinidad and Tobago was 59.5 score. Index of economic freedom of Trinidad and Tobago fell gradually from 71.3 score in 2004 to 59.5 score in 2023.

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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 Trinidad and Tobago index of economic freedom?