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Venezuelas Economic Freedom Scores

Created on April 15, 2013

Venezuelas Economic Freedom Scores

Economic freedom in Venezuela has deteriorated steadily—and in some areas, dramatically—since Hugo Chavez became the nation’s leader in 1999. In five of the 10 categories in the Index of Economic Freedom, scores dropped by 20 points or more.

Financial Freedom

Investment Freedom

Trade Freedom

Monetary Freedom

Labor Freedom

Business Freedom

Government Spending

Fiscal Freedom

Freedom from Corruption

Property Rights

OPEN MARKETS

REGULATORY EFFICIENCY

LIMITED GOVERNMENT

RULE OF LAW

CHART 3

Sources: Terry Miller, Kim R. Holmes, and Edwin J. Feulner, 2013 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2013), http://www.heritage.org/index.

IB 3911

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