13 April 2018

Index of Economic Freedom 2018: India Ranks 130th, Hong Kong Tops

Index of Economic Freedom 2018: India Ranks 130th, Hong Kong Tops


India has jumped 13 places in the last one year to 130th spot in the latest annual Index of Economic Freedom released by a top American think-tank the Heritage Foundation. As per the latest Index of Economic Freedom, China has jumped one spot to 110th and Pakistan is now at 131 position.

Economic freedom is the fundamental right of every human to control his or her own labor and property. The top 5 countries in the list are-

1. Hong Kong
2. Singapore
3. New Zealand
4. Switzerland
5. Australia.

Source- heritage.org

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • In 2017, India with a score of 52.6 points was ranked at 143 among 180 countries, two spots below neighbour Pakistan. 

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