Venezuelas Economic Freedom Scores
Created on April 15, 2013
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.
Freedom from Corruption
RULE OF LAW
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.