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Economic Freedom Index 2021

Published on March 09, 2021
Current Context: The Economic Freedom Index 2021 was released by a US-based think tank named Heritage Foundation.
Economic Freedom Index 2021
  • The index provides a ranking for 184 countries for the period of July 2019 to June 2020.
  • As per the index, India is ranked 26th out of 40 countries i.e. among Asia-Pacific Countries.
  • Globally, India is ranked at 121st freest country in the index.
  • The index is topped by Singapore with a score of 89.7.
  • The second and third ranks are marked by New Zealand and Australia respectively.
  • The index ranking was calculated based on 12 indicators from property rights to financial freedom under 4 major categories of: the size of government, rule of law, open markets and regulator efficiency.

Question: 

Q.1 Which country topped the Economic Freedom Index 2021?
a. New Zealand
b. Switzerland
c. Singapore
d. Australia
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