Europe: Economic Freedom Rating

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Belarus   44.66
Russia   49.93
Ukraine   51.07
Bosnia & H.   53.72
Croatia   54.58
Moldova   58.38
Poland   59.49
Greece   60.07
Slovenia   60.58
Turkey   60.76
Macedonia   61.13
Romania   61.53
Italy   62.46
Bulgaria   62.92
Albania   63.33
Portugal   64.30
France   65.35
Malta   66.03
Hungary   67.25
Latvia   68.33
Czech Rep.   68.52
Slovak Rep.   68.74
Norway   68.99
Spain   69.71
Austria   69.98
Sweden   70.42
Lithuania   70.80
Germany   71.16
Cyprus   71.31
Belgium   71.48
Finland   74.79
Luxembourg   75.20
Iceland   76.51
Netherlands   76.82
Estonia   77.78
Denmark   79.23
UK   79.55
Switzerland   79.72
Ireland   82.35
 

 

 

Europe: 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

 

European statistics. European house price and other economic statistics vary in quality. It is often a surprise to non-Europeans to discover that swathes of this rich, highly developed continent are not covered by good housing statistics.

Northern European countries have generally good house price time-series. In particular, all the Scandinavian countries generate excellent house price statistics. In the Baltics the situation is improving rapidly. Latvia generates an official annual house price time-series, and the realtor Latio publishes a monthly index. Lithuania has no official house price or rents time-series, but the firm Inreal publishes annual prices and rents for Vilnius for a few years. Estonia has high-quality housing statistics, generated by the Statistical Office of Estonia (SOE). Data on house prices, house sales and construction activities, as well as general economics statistics are all available from the SOE.

Central Europe is mixed. German house price statistics are weak. France has very good statistics, the Netherlands has good data, Belgium and Austria have acceptable data. Spain has made giant strides, Portugal is weaker.

Southern Europe tends to have weak statistical data. There is a particular lack of housing statistics in Italy, Greece, and Turkey (though Italy has some private, for-sale, data generators).

Statistics in Eastern Europe are weak. Efforts are being made to change this, for instance Bulgaria began publishing a house price time-series in 2006. Aside from this, the Czech Republic has an official index, and in Poland, REAS Konsulting produces a for-sale index.

 



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