Economic Freedom Index: How free is Vietnam’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 Vietnam
Economic freedom in Vietnam is the second-worst in ASEAN despite some improvements over the past two decades.
What is the size of Vietnam’s economy? See Chart
What is the size of Vietnam’s population? See Chart
What is the demographic structure of Vietnam? See Chart
How has the structure of Vietnam’s GDP changed over the years? See Chart
How much does Vietnam’s economy rely on external trade? See Chart
What are the key production sectors for Vietnam’s economy? See Chart