Economic Freedom Index: How free is Malaysia’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 Malaysia
Economic freedom in Malaysia has improved markedly since the turn of the millennium. It is currently in the “Mostly Free” group, along with South Korea and Japan.
Related Questions
What is the size of Malaysia’s economy? See Chart
What is the size of Malaysia’s population? See Chart
What is the demographic structure of Malaysia? See Chart
How has the structure of Malaysia’s GDP changed over the years? See Chart
How much does Malaysia’s economy rely on its natural resources? See Chart
How much does Malaysia’s economy rely on external trade? See Chart
What are the key economic regions in Malaysia? See Chart
