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Economic Freedom
The 20 least economically free nations in Europe
In a society with high economic freedom, people are free to work, produce and invest in practically any way they choose – here we take at look at the LEAST economically free nations in Europe.
ACCORDING TO THE Heritage Foundation, economic freedom is the right everybody should have to control his or her own labour and property. In a society with complete economic freedom people are free to undertake any economic activity, be it working, producing or investing, in any way they choose.
In order to gauge which nations have the greatest level of this freedom, the foundation assesses every country based on a certain set of criteria.
Overall ten measurements of economic freedom are scrutinised by the organisation with each country being given a score between zero and 100 for each. By adding these up, each nation is given an overall score for economic freedom.
For the record, the most economically free country in Europe according to the Heritage Foundation is Switzerland. Thanks to out friends over at Business Insider, we’ve decided to look at the other end of the scale and list the least economically free.
#20 Slovakia
#19 Latvia
#18 Albania
#17 Bulgaria
#16 Romania
#15 Poland
#14 France
#13 Portugal
#12 Slovenia
#11 Montenegro
#10 Turkey
#9 Croatia
#8 Italy
#7 Serbia
#6 Bosnia and Herzegovina
#5 Greece
#4 Moldova
#3 Russia
#2 Belarus
#1 Ukraine
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