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OPEC countries Compared by Economy > Economic freedom

DEFINITION: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Qatar 71.3 2013
2 United Arab Emirates 71.1 2013
3 Kuwait 63.1 2013
4 Saudi Arabia 60.6 2013
5 Nigeria 55.1 2013
6 Algeria 49.6 2013
7 Angola 47.3 2013
8 Iran 43.2 2013
9 Venezuela 36.1 2013
10 Libya 35.9 2012

Citation

OPEC countries Compared by Economy > Economic freedom

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Interesting observations about Economy > Economic freedom

  • Australia ranked first for economic freedom amongst Christian countries in 2013.
  • Hong Kong ranked first for economic freedom amongst Hot countries in 2013.
  • Switzerland ranked first for economic freedom amongst Europe in 2013.
  • Denmark ranked first for economic freedom amongst European Union in 2013.
  • Bahrain ranked first for economic freedom amongst Muslim countries in 2013.
  • Canada ranked first for economic freedom amongst NATO countries in 2013.
  • Chile ranked first for economic freedom amongst Emerging markets in 2013.
  • Singapore ranked first for economic freedom amongst Former British colonies in 2013.
  • Ireland ranked first for economic freedom amongst Eurozone in 2013.
  • Madagascar ranked first for economic freedom amongst Former French colonies in 2013.
  • New Zealand ranked second for economic freedom amongst High income OECD countries in 2013.
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