Economic Freedom of the World Report 2020 – UPSC Prelims

  • Released by Fraser Institute in Canada
  • About the report: The report measures the ‘economic freedom’ or the ability of individuals to make their own economic decisions in a country, by analysing policies and institutions of these countries.
  • Indicators: It ranks countries by looking at indicators like a) regulation, b) freedom to trade internationally c) size of government d) property rights e) government spending and f) taxation.
  • Topped by: Hong Kong.
  • India: India has been ranked 105 in the index. It was ranked 79th in the previous edition of this report.
  • China ranked worse than India overall and was positioned at 124 on the index.
Scroll to Top