Dataset Information

Data available from 1970-01-01 to 2021-01-01
Source: Fraser Institute

This dataset includes yearly information of the economic freedom index published by Fraser Institute, for multiple countries. The index measures the degree towhich the policies and institutions of countries are supportive of economic freedom, in five major areas: [1] Size of Government; [2] Legal System and Security of Property Rights; [3] Sound Money; [4] Freedom to Trade Internationally; [5] Regulation. Comprehensive data are available only with a two-year lag, so the index itself has a two-year lag. Within the five major areas, there are 26 components in the index. Many of those components are themselves made up of several sub-components. In total, the index comprises 44 distinct variables.

To inquire further about the methodology of the index, see here and here