GDP per capita growth. The average annual percentage change in GDP per capita during the latest five years (see Data FAQs).
The Index of Economic Freedom (Heritage Foundation) measures 161 countries by 50 criteria, divided into 10 broad groups. The result is 5 categories:
Free
Mostly Free
Moderately Free
Mostly Unfree
Repressed
So-called ‘moderately free’ countries tend to be healthy, rapidly-growing, free market-oriented developing economies – or even developed countries like France, Italy or Portugal.
The Property Rights Index is a sub-component of the Index of Economic Freedom. We have translated their numerical values using our own interpretative terms.
The Growth Competitiveness Index of the World Economic Forum (the higher number, the better) considers:
The quality of the macroeconomic environment
The state of the country’s public institutions
The level of technological readiness.
The GCI’s goal is to analyse an economy’s potential to achieve sustained economic growth over the medium and longer term.