Economic Freedom 5 Years in Papua New Guinea compared to Pacific
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| Vanuatu |
19.07%
|
| Solomon Is. |
19.06%
|
| Fiji |
10.63%
|
| Tonga |
10.55%
|
| Kiribati |
8.44%
|
| Micronesia |
6.78%
|
| New Zealand |
2.00%
|
| Australia |
-2.51%
|
| Samoa |
-3.55%
|
| PNG |
-5.38%
|
Papua New Guinea: 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 countrys score on the Heritage Foundations 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
