Serbia made progress on the list of economic freedoms, but it is still at the back of Europe
Serbia has advanced from last year’s 84th to the current 74th place on the latest ranking list of the Index of Economic Freedoms, but it is still among Europe’s worst ranked countries.
The Index of Economic Freedom in the World is published by the Fraser Institute in Canada and measures the level to which rightfully acquired property is protected and how much individuals are involved in voluntary transactions.
The total score of Serbia on the list of the Index of Economic Freedoms is 7,05, which is slightly lower than the world average.
Hong Kong and Singapore are at the top of this year’s Index, followed by New Zealand, Switzerland, Australia, the United States, Mauritius, Georgia, Canada and Ireland.
The worst ranked countries are Venezuela, Sudan, Libya, Angola, Iran, Algeria, Congo, Zimbabwe, DR Congo and the Central African Republic.
Of the neighbouring countries, Romania ranks 23rd, Bulgaria 32nd, Croatia 61st, Slovenia 62nd, Northern Macedonia 71st, Montenegro 80th and Bosnia and Herzegovina is 82nd.
Izvor: BIZlife
Foto: Pixabay
