Economic Freedom Index: Despite A Better Score, Chile Goes Down One Place

September 9, 2020

Chile falls behind in the last Economic Freedom Index by Fraser Institute, despite improving its score. Ranked 14th out of 162 economies, the country remains at the forefront in Latin America.


Of the 5 attributes that this ranking measures, an improvement is observed in two. The fall on the other three can be traced to the increase in fiscal spending and by regulation existing in the labor market, among others.


As progress is made in terms of economic freedom, the conditions are generated to improve indicators such as poverty, life expectancy at birth, and income per capita. This advance is clearly evident in our country over time.


(Available in Spanish).