Definition of Financial Freedom Index

The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

Related Indicators

• Investment Freedom Index
• Monetary Freedom Index
• Business Freedom Index
• Fiscal Freedom Index
• Trade Freedom Index