Macedonia

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

Footnote

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Bosnia & H.	32.31%
Romania	21.55%
Turkey	17.08%
Slovak Rep.	16.54%
Belarus	12.42%
Albania	11.51%
France	10.46%
Bulgaria	10.38%
Denmark	8.24%
Malta	8.03%
Hungary	6.67%
Belgium	4.94%
Slovenia	4.93%
Iceland	4.10%
Latvia	3.56%
Austria	3.52%
Netherlands	2.94%
UK	2.67%
Norway	2.60%
Croatia	2.49%
Greece	2.11%
Germany	2.03%
Ireland	1.76%
Macedonia	1.72%
Lithuania	1.65%
Czech Rep.	1.56%
Finland	1.54%
Spain	1.27%
Switzerland	0.91%
Sweden	0.53%
Estonia	0.05%
Ukraine	-0.04%
Portugal	-0.99%
Russia	-1.79%
Moldova	-2.65%
Cyprus	-2.75%
Italy	-2.85%
Poland	-3.77%
Luxembourg	-5.93%

Macedonia: 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

Macedonia does not publish house price or rents statistics. General economics statistics for Macedonia are published by the Ministry of Finance.