Economic Freedom Rating in India compared to Asia

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Click name of country for detailed information
Hong Kong 89.82
Singapore 88.58
Taiwan 76.51
Georgia 75.99
South Korea 74.26
Malaysia 73.78
Macau 70.67
Armenia 70.31
Brunei 69.77
Japan 69.58
Kazakhstan 68.99
Thailand 66.22
Philippines 65.61
Azerbaijan 63.60
Indonesia 61.94
Kyrgyztan 61.13
Cambodia 59.52
Bhutan 58.45
Tajikistan 58.17
China 57.40
Sri Lanka 57.39
Nepal 55.11
Bangladesh 54.98
Mongolia 54.76
Laos 54.01
Pakistan 52.83
India 52.64
Vietnam 52.44
Uzbekistan 52.26
Maldives 50.29
Afghanistan 48.89
Turkmenistan 47.37
Timor-Leste 46.27
North Korea 4.92
 

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 launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.