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Economic Freedom and Human Development by Region

Created on January 19, 2012

Economic Freedom and Human Development by Region

Human Development Index

2012 Index of Economic Freedom Score

Each dot represents a nation in the Index of Economic Freedom

Global Trend Line

Asia–Pacific

Europe

Middle East/North Africa

North America

South and Central America/Caribbean

Sub-Saharan Africa

Global Correlation = 0.70, R2 = 0.49

Note: Trend lines are for all countries in the Index of Economic Freedom.

Sources: Terry Miller, Kim R. Holmes, and Edwin J. Feulner, 2012 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2012), at www.heritage.org/index; and Human Development Reports, United Nations Human Development Programme, at http://hdr.undp.org/en/reports (November 21, 2011).

 

heritage.org

Chart 4