February 2 (SeeNews) - Macedonia ranked first among countries in Southeast Europe in the 2018 Index of Economic Freedom published by The Heritage Foundation with an overall score above the European and world averages, the U.S.-based think-tank said.
Macedonia ranked 33rd in the annual index, with a score of 71.3 points from a maximum 100, the Heritage Foundation said in its 2018 Index of Economic Freedom report published on its website.
"Its overall score has increased by 0.6 point, with improvements in scores for the fiscal health and investment freedom indicators offsetting declines in government integrity and judicial effectiveness."
Macedonia did best in terms of trade, business and monetary freedom, as well as tax burden. The company's performance was hampered by the indicators related to rule of law, namely: government integrity, judicial effectiveness and property rights.
Details about the ranking of countries in SEE in the 2018 Index of Economic Freedom of The Heritage Foundation follow:
|
Rank |
Score |
Change in score |
Albania |
65 |
64.5 |
+0.1 |
Bosnia and Herzegovina |
91 |
61.4 |
+1.2 |
Bulgaria |
47 |
68.3 |
+0.4 |
Croatia |
92 |
61.0 |
+1.6 |
Kosovo |
56 |
66.6 |
-1.3 |
Macedonia |
33 |
71.3 |
+0.6 |
Moldova |
105 |
58.4 |
+0.4 |
Montenegro |
68 |
64.3 |
+2.3 |
Romania |
37 |
69.4 |
-0.3 |
Serbia |
80 |
62.5 |
+3.6 |
Slovenia |
64 |
64.8 |
+5.6 |