With a freedom score of 66.6 in 2015 Index of Economic Freedom, Romania outranks Portugal, France, Italy, Greece or Russia, but is outranked, besides most of the western economies, by states such as Georgia, Botswana, Columbia, Armenia, Macedonia, Hungary, Bulgaria or Jamaica.
Honk Kong is on the top spot for the 21st consecutive year, with 89.6 points, followed by Singapore (89.4 points) and Australia (81.4 points).
Romania’s score reflect better results for five of the ten criteria for measuring economic freedom index. Compared with last year, the score is higher for freedom from corruption, government spending, labor freedom, monetary freedom, and trade freedom.
Business freedom, fiscal freedom, business freedom and fiscal freedom registered lower scores, while the score for property rights, investment freedom and financial freedom stayed unchanged.
At global level, economic freedom slightly advanced by 0.1 point to 60.4 in the 2015 Index, according to Heritage Foundation report.