Azerbaijan`s economic freedom rating improves
Azerbaijan`s economic freedom rating improves
The South Caucasus republic surpassed a number of other former Soviet republics. The Azerbaijani economy is more free than that of Moldova (120th), Tajikistan (122nd) Russia (146th), Ukraine (152nd) and Turkmenistan (169th).
Hong Kong has topped the global index again, with 90 points. Also in the top ten are Singapore, Australia, Ireland, New Zealand, the United States, Canada, Denmark, Switzerland, and Britain.
The annual rating is based on 10 indicators pertaining to economic, trade and financial freedoms as well as the extent of government regulation, the state of the financial services market, pricing, the volume of investment, and protection of property rights. In compiling the rating, a 100-point scale was used, with 100 being the best indicator. 179 countries were rated.
The South Caucasus republic surpassed a number of other former Soviet republics. The Azerbaijani economy is more free than that of Moldova (120th), Tajikistan (122nd) Russia (146th), Ukraine (152nd) and Turkmenistan (169th).
Hong Kong has topped the global index again, with 90 points. Also in the top ten are Singapore, Australia, Ireland, New Zealand, the United States, Canada, Denmark, Switzerland, and Britain.
The annual rating is based on 10 indicators pertaining to economic, trade and financial freedoms as well as the extent of government regulation, the state of the financial services market, pricing, the volume of investment, and protection of property rights. In compiling the rating, a 100-point scale was used, with 100 being the best indicator. 179 countries were rated.
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