India

Economic Freedom Rating - India Compared to Continent

Footnote

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Hong Kong	90.25
Singapore	87.38
Japan	72.47
Taiwan	71.03
Armenia	70.34
Georgia	69.23
South Korea	67.88
Malaysia	64.54
Thailand	63.49
Mongolia	62.78
Kyrgyztan	61.15
Kazakhstan	60.54
Sri Lanka	58.31
Philippines	56.86
Pakistan	56.84
Cambodia	56.18
Azerbaijan	55.29
Nepal	54.68
Tajikistan	54.46
India	54.21
Indonesia	53.87
China	52.83
Uzbekistan	52.31
Vietnam	49.80
Laos	49.21
Bangladesh	44.92
Turkmenistan	43.36
Myanmar	39.52
North Korea	3.00

India: Economic freedom rating

Scores are from 0 to 100, higher scores are more desirable i.e. more conducive to economic growth. The lower the score, the greater the level of government interference in the economy and the less economic freedom a country enjoys.

• Free— 80 - 100;
• Mostly Free— 70 - 79.9;
• Moderately Free— 60 - 69.9;
• Mostly Unfree— 50 to 59.9; and
• Repressed— 0 - 49.9.

Source: The Heritage Foundation and the Wall Street Journal

India has just released the pilot issue of Residex (India’s house price index), covering five main cities, through the National Housing Bank (NHB). Since the Residex is new, its methodology is being revised every so often. Unfortunately, the Residex is not publicly available. General economics statistics are from the Reserve Bank of India.