Economic Freedom Index: How free is Indonesia’s economy?
Economic Freedom Index
The Index of Economic Freedom is published annually by The Heritage Foundation, a Washington think tank. The Index covers 12 freedoms, which can be grouped into four broad categories:
- The rule of law (property rights, judicial effectiveness, and government integrity)
- Government size (tax burden, government spending, and fiscal health)
- Regulatory efficiency (business freedom, labor freedom, and monetary freedom)
- Market openness (trade freedom, investment freedom, and financial freedom)
Economic Freedom in Indonesia
Economic freedom in Indonesia has improved over the last decade. It has returned to the ‘Moderately Free’ group it once was during the 1990s.
Related Questions
What is the size of Indonesia’s economy? See Chart
What is the size of Indonesia’s population? See Chart
What is the demographic structure of Indonesia? See Chart
How has the structure of Indonesia’s GDP changed over the years? See Chart
How much does Indonesia’s economy rely on its natural resources? See Chart
How much does Indonesia’s economy rely on external trade? See Chart
What are the key economic regions in Indonesia? See Chart