Azerbaijan ranks 92nd in economic freedom index

Under the report, Azerbaijan has increased its estimate by 0.9 points, but with 59.7 points ranks only 92 among the 179 countries on which the report makers had data. Hong Kong with 89.7 points remained the world leader on the level of economic freedom, although for the passed year this particular area of China collected no one additional point. Singapore with 87.2 points is snapping at Hong Kong’s heels, estimates of which for the year increased by 1.1%.

Out of the former Soviet states, Estonia (growth for the year by 0.5 points up to 75.2 points – 14th place in the world) got the best estimate, and Azerbaijan’s neighbor Georgia (unchanged 74 points – 29th place) and Armenia (growth by 0.5 points up to 69.7 points – 36th place).

Azerbaijan itself received 72.9 points (-1.7 points) in the category of business freedom, 77.1 (unchanged) on trade freedom, 83.9 (+4.4) on fiscal freedom, 71 (-6.5) on government spending, 72.6 (+9.9) on monetary freedom, 55 (unchanged) on investment freedom, 40 (unchanged) on financial freedom, 20 (unchanged) on property rights, 23 (+4) on freedom from corruption, and 81 (+1.4) on labor freedom.


/Trend/