The Index of Economic Freedom is defined as ﾓthe absence of coercion or governmental restrictions on production, distribution and consumption of goods and services beyond what is necessary so that citizens can protect and maintain freedom.ﾔ The score goes from 1 to 5, with 1 signifying the highest degree of economic freedom and 5 signifying the lowest.
In Latin America and the Caribbean, Chile, El Salvador and the Bahamas are among the 25 countries in the world with the highest degree of economic freedom, while Ecuador, Haiti, Surinam, Cuba and Venezuela are the countries that most protect their markets.
Source: The Heritage Foundation / The Wall Street Journal | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
