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Economic Freedom Rating, 5-Yr Change - Mongolia Compared to Continent

Footnote

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Uzbekistan 36.51%
Laos 20.00%
Georgia 18.21%
Tajikistan 17.02%
Kazakhstan 15.78%
Mongolia 8.81%
Vietnam 7.85%
Kyrgyztan 7.74%
Japan 7.13%
Nepal 6.11%
India 5.81%
Malaysia 5.65%
Armenia 4.48%
Pakistan 3.34%
Azerbaijan 2.22%
Hong Kong 0.50%
China 0.42%
South Korea -0.60%
Taiwan -0.87%
Singapore -0.90%
Indonesia -3.39%
Thailand -3.54%
Sri Lanka -6.72%
Philippines -7.31%
Bangladesh -8.96%
Cambodia -11.81%
Myanmar -11.95%
Turkmenistan -15.54%
North Korea -66.25%
 

 

 

Mongolia: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a country’s score on the Heritage Foundation’s freedom index are calculated by the Global Property Guide to produce a 5-point rating:

  • Greatly Improved
  • Improved
  • Nuetral
  • Worse
  • Much Worse


Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

 

No house price statistics are published in Mongolia. There is not much research from private sources. General economics statistics are available from the Bank of Mongolia.




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