Economic

Year ISO_Code Countries Freedom Rank Quartile

Summary Index

1990 VEN Venezuela 5.55 53 2

1995 VEN Venezuela 4.35 106 4

2000 VEN Venezuela 5.89 88 3

2005 VEN Venezuela 4.73 136 4

2010 VEN Venezuela 3.96 153 4

2015 VEN Venezuela 2.92 #VALUE! #VALUE!

 1A 1B

Government 1A data Transfers and subsidies 1B data

Consumption

8.25 11.95 8.56 5.80

9.02 9.32 8.50 6.01

6.06 19.39 7.74 8.79

6.36 18.37 5.77 16.01

7.06 16.00 5.77 16.01

6.99 16.25 5.77 16.01

 Area 1
1D
1C
1Di

Government Top marginal income

enterprises and 1C data 1Di data
tax rate
investment

0.00 65.20 7.00 45.00

0.00 58.30 7.00 34.00

2.00 42.36 8.00 35.00

2.00 42.36 7.00 34.00

0.00 60.59 8.00 34.00

0.00 70.36 8.00 34.00

 1D
Area 1
1Dii 1D

Top marginal income 1Dii data Top marginal tax rate Size of Government
and payroll tax rate

7.00 45.00 7.00 5.95

7.00 34.00 7.00 6.13

8.00 35.00 8.00 5.95

4.00 49.00 5.50 4.91

6.00 41.00 7.00 4.96

6.00 41.00 7.00 4.94

 Are

2A 2B 2C 2D

Protection of property Military interference in

Judicial independence Impartial courts rights rule of law and politics

2.85 2.90 3.72 5.65

1.67 3.67 3.40 3.33

0.31 0.93 2.27 0.83

1.08 1.24 1.25 0.83

0.19 0.73 1.08 0.83

 Area 2

2E 2F 2G 2H

Regulatory restrictions
Integrity of the legal Legal enforcement of on the sale of real Reliability of police
system contracts property

4.11

6.67 3.97 8.65

5.00 3.97 8.42 1.82

1.67 3.97 8.46 1.99

1.67 3.21 8.13 1.54

 2I Area 2 3A

Gender Adjustment
Legal System &
Business costs of crime Money growth
Property Rights

1.00 5.70 7.28

1.00 3.84 3.94

1.00 4.48 5.48

1.36 1.00 2.77 3.12

1.81 1.00 2.48 5.90

1.04 1.00 2.05 2.77

 Area 3

3A 3B 3C

Standard deviation of Inflation: Most recent

3A data 3B data
inflation year

13.58 0.00 30.17 1.66

30.28 3.77 15.57 0.00

22.60 0.00 39.23 6.76

34.40 5.49 11.29 6.81

20.49 3.81 15.48 4.19

36.16 0.00 39.37 0.00

3C 3D Area 3
4Ai

Freedom to own Revenue from trade

3C data foreign currency bank Sound Money taxes (% of trade
accounts sector)

41.71 10.00 4.74 8.53

51.93 0.00 1.93 7.93

16.21 10.00 5.56 7.89

15.95 5.00 5.10 8.45

29.06 5.00 4.72 8.45

121.74 5.00 1.94 8.45

 4A
4Ai 4Aii 4Aiii

Standard deviation of
4Ai data Mean tariff rate 4Aii data tariff rates

2.20 3.88 30.60 0.24

3.10 7.32 13.40 8.08

3.16 7.30 13.50 7.64

2.33 7.44 12.80 7.04

2.33 7.50 12.50 7.45

2.33 7.42 12.90 6.85

 Area 4
4B
4Aiii 4A 4Bi 4Bii

Compliance costs of
Non-tariff trade
4Aiii data Tariffs importing and
barriers exporting

24.40 4.22

4.80 7.78 4.57

5.90 7.61 4.87 6.67

7.41 7.64 4.78 3.30

6.38 7.80 3.56 1.62

7.87 7.57 4.00 0.00

#DIV/0!
4B 4D
4C
4B 4Di 4Dii

Foreign
Regulatory trade Black market exchange ownership/investment Capital controls
barriers rates restrictions

10.00 5.00

4.57 1.60 8.74 5.00

5.68 10.00 9.37 6.92

4.04 5.13 5.03 5.38

2.59 0.00 3.18 0.77

2.00 0.00 3.21 0.77

4D 5A
Area 4
4Diii 4D 5Ai

Controls of the
Freedom of foreigners Freedom to trade
movement of capital Ownership of banks
to visit internationally
and people

5.00 6.41 8.00

6.87 5.20 8.00

8.15 7.86 8.00

6.50 5.64 5.61 8.00

6.53 3.49 3.47 5.00

7.19 3.72 3.32 5.00

 5A
5Aii 5Aiii 5A 5Bi

Interest rate Credit market Hiring regulations and

Private sector credit controls/negative real regulations minimum wage
interest rates)

10.00 0.00 6.00

8.92 0.00 5.64 4.85

9.64 8.00 8.55 4.07

10.00 10.00 9.33 3.30

7.79 5.00 5.93 3.33

0.00 5.00 3.33 0.00

 Area 5
5B
5Bii 5Biii 5Biv 5Bv

Hiring and firing Centralized collective Mandated cost of

Hours Regulations
regulations bargaining worker dismissal

4.36 7.24

4.36 7.24 5.03

4.55 5.83 5.68 0.00

1.69 4.29 6.00

2.16 4.55 8.00

0.73 2.66 4.00

 Area 5
5C
5Bvi 5B 5Ci 5Cii

Labor market Administrative

Conscription Bureaucracy costs
regulations requirements

0.00 3.87

0.00 4.30 5.31

0.00 3.35 6.42 6.15

0.00 3.06 1.39 3.73

0.00 3.61 1.97 1.82

0.00 1.48 0.65 0.00

 5C
5Ciii 5Civ 5Cv 5Cvi

Extra
Starting payments/bribes/favori Licensing restrictions Tax compliance
a business tism

4.57 2.07

6.27 5.02 0.32

6.40 4.44 4.30 0.32

6.39 2.98 4.71 0.32

5.23 1.56 5.00 1.12

 Area 5
5C

Business regulations Regulation

4.93

3.98 4.64

4.83 5.58

3.43 5.27

3.03 4.19

2.26 2.36
 1 2 3 4
A B C D
Government
Government Transfers and Top marginal tax
1 Size of Government enterprises and
Consumption subsidies rate
investment

Military
2 Legal System & Property Judicial Impartial Protection of interference in
Rights independence courts property rights rule of law and
politics

Standard Freedom to own

Money Inflation: Most
3 Sound Money deviation of foreign currency
growth recent year
inflation bank accounts

Controls of the
4 Freedom to trade Regulatory Black market
Tariffs movement of
internationally trade barriers exchange rates capital and people

Credit market Labor market Business

5 Regulation regulations regulations regulations

Economic
Freedom
Year ISO_Code Countries Summary Rank Quartile
Index

2015 COL Colombia 6.40 112 3

6.40 112 3
 5 6 7 8 9
E F G H I

Regulatory
Integrity of Legal
enforcement on the sale of Reliability
restrictions of Business
the legal police costs of crime
system of contracts real property
9

3
24

1D
1A 1B 1C
1Di

Government
Government Transfers and enterprises Top marginal
Consumption 1A data subsidies 1B data and 1C data income tax 1Di data
rate
investment

5.21 22.30 8.85 4.72 6.00 7.00 33.00

5.21 22.30 8.85 4.72 6.00 7.00 33.00
 1D
Area 1 2A 2B 2C 2D
1Dii 1D

Top marginal Military

income and Top marginal Size of Judicial Impartial Protection of interference
payroll tax 1Dii data tax rate Government independenc courts property in rule of law
e rights
rate and politics

2.00 52.00 4.50 6.14 3.21 3.18 5.18 3.33

2.00 52.00 4.50 6.14 3.21 3.18 5.18 3.33
 2E 2F 2G 2H 2I Area 2 3A
Gender
Regulatory Adjustment
Integrity of Legal restrictions Reliability of Business Legal System Money
the legal enforcement on the sale of police costs of crime & Property growth
system of contracts real property Rights

3.33 2.22 9.04 3.99 3.00 0.87 3.79 8.96

3.33 2.22 9.04 3.99 3.00 0.87 3.79 8.96
3A 3B 3C 3D Area 3
4Ai
Freedom to Revenue
Standard Inflation: own foreign Sound from trade
3A data deviation of 3B data Most recent 3C data currency Money taxes (% of
inflation year bank trade sector)
accounts

5.21 9.15 2.13 9.00 5.01 5.00 8.03 8.94

5.21 9.15 2.13 9.00 5.01 5.00 8.03 8.94
 4A 4B
4Ai 4Aii 4Aiii 4A 4Bi 4Bii

Compliance
Mean tariff Standard Non-tariff costs of
4Ai data rate 4Aii data deviation of 4Aiii data Tariffs trade barriers importing
tariff rates and exporting

1.59 8.86 5.70 6.28 9.29 8.03 5.21 3.63

1.59 8.86 5.70 6.28 9.29 8.03 5.21 3.63
4B 4D 5A
4C Area 4
4B 4Di 4Dii 4Diii 4D 5Ai
Controls of
Foreign Freedom to
Regulatory Black market ownership/in Capital Freedom of the trade Ownership of
trade barriers exchange vestment controls foreigners to movement of internationall banks
rates visit capital and
restrictions y
people

4.42 9.53 5.86 1.54 9.62 5.68 6.91 8.00

4.42 9.53 5.86 1.54 9.62 5.68 6.91 8.00
 5A 5B
5Aii 5Aiii 5A 5Bi 5Bii 5Biii 5Biv 5Bv

Interest rate Hiring Mandated

Private sector controls/nega Credit market regulations Hiring and Centralized Hours cost of
credit tive real regulations and minimum firing collective Regulations worker
regulations bargaining
interest rates) wage dismissal

8.42 10.00 8.81 8.90 3.94 6.06 10.00 4.82

8.42 10.00 8.81 8.90 3.94 6.06 10.00 4.82
 5C
5Bvi 5B 5Ci 5Cii 5Ciii 5Civ 5Cv 5Cvi

Extra
Labor market Administrativ Bureaucracy Starting payments/bri Licensing Tax
Conscription regulations e costs a business bes/favoritis restrictions compliance
requirements m

1.00 5.79 2.69 7.78 9.63 3.21 9.72 7.32

1.00 5.79 2.69 7.78 9.63 3.21 9.72 7.32
 Area 5
5C

Business
regulations Regulation

6.72 7.11
6.72 7.11
 EFW Panel Dataset

2 Legal System
SUMMARY 1 Size of
Year ISO_Code Countries & Property
INDEX Government
Rights

2015 ECU Ecuador 5.88 5.33 3.89

2014 ECU Ecuador 5.68 5.30 4.02

2013 ECU Ecuador 5.93 5.31 4.17

2012 ECU Ecuador 5.93 5.39 4.22

2011 ECU Ecuador 5.78 5.43 3.75

2010 ECU Ecuador 5.77 5.63 3.75

2009 ECU Ecuador 5.82 6.20 3.73

2008 ECU Ecuador 5.82 6.22 3.73

2007 ECU Ecuador 5.83 7.28 3.56

2006 ECU Ecuador 5.99 8.03 3.56

2005 ECU Ecuador 5.94 8.03 3.54

2004 ECU Ecuador 5.72 8.10 3.12

2003 ECU Ecuador 6.32 9.00 3.25

2002 ECU Ecuador 6.33 8.94 3.38

2001 ECU Ecuador 5.81 8.99 3.16

2000 ECU Ecuador 5.87 8.93 3.58

1995 ECU Ecuador 6.27 8.22 4.45

1990 ECU Ecuador 5.44 8.25 5.17

1985 ECU Ecuador 4.48 5.09 5.20

1980 ECU Ecuador 5.41 5.45 5.80

1975 ECU Ecuador 5.02 6.46 3.84

1970 ECU Ecuador 3.97 6.20 2.79

FW Panel Dataset

4 Freedom to
3 Sound
trade 5 Regulation
Money
internationally

8.10 6.53 5.56

6.86 6.24 5.98

6.80 7.09 6.27

6.58 7.14 6.33

6.50 6.99 6.23

6.38 6.87 6.24

6.36 6.74 6.06

6.10 7.14 5.92

5.04 7.35 5.88

5.06 7.32 5.99

4.73 7.42 5.99

4.13 7.39 5.86

5.82 7.49 6.01

6.10 7.45 5.76

4.78 7.71 4.43

4.90 7.61 4.30

6.47 6.70 5.49

3.98 5.06 4.78

6.89 1.96 3.63

8.15 3.46 4.22

7.42 3.57

6.53 1.89
Please cite: Ryan H. Murphy and Robert Lawson. "Extending the Economic Freedom of the World Index to the Cold War E

"EFW_New" "EFW_Final"

Eight Variable Index

Eight Variable
Using Backcasted
Year Country Economic Freedom "EFW_Final" Rank
Economic Freedom
Index
Data

1965 Algeria 3.64 3.65 92

1965 Argentina 5.16 4.31 75

1965 Australia 6.97 6.69 8

1965 Austria 6.69 6.30 13

1965 Belgium 6.86 6.82 6

1965 Benin 3.74 4.14 82

1965 Bolivia 6.02 4.86 55

1965 Brazil 5.19 4.23 80

1965 Burundi 4.51 4.28 76

1965 Cameroon 5.71 5.42 33

1965 Canada 7.14 7.07 4

1965 Central Afr. Rep. 3.41 3.94 90

1965 Chad 3.60 4.19 81

1965 Chile 5.57 5.35 36

1965 China 4.13 4.35 73

1965 Colombia 6.06 5.24 42

1965 Congo, Dem. R. 4.52 4.23 79

1965 Congo, Rep. Of 3.82 4.10 87

1965 Costa Rica 6.31 5.54 31

1965 Cote d'Ivoire 4.73 4.88 54

1965 Cyprus 5.55 5.32 38

1965 Denmark 6.30 6.20 15

1965 Dominican Rep. 4.86 4.94 51

1965 Ecuador 5.85 4.98 50

1965 Egypt 4.23 4.12 84

1965 El Salvador 5.15 4.48 67

1965 Finland 6.59 6.35 12

1965 France 5.48 5.63 28

1965 Gabon 4.87 4.92 52

1965 Germany 6.70 6.72 7

1965 Ghana 4.08 3.62 94

1965 Greece 5.72 5.28 39

1965 Guatemala 5.27 4.75 60

1965 Guyana 4.47 3.93 91

1965 Haiti 5.14 4.60 64

1965 Honduras 5.89 5.49 32

1965 Iceland 6.60 5.88 23

1965 India 5.42 4.82 57

1965 Indonesia 4.92 5.09 46

1965 Iran 5.04 4.13 83

1965 Ireland 5.78 5.97 18

1965 Israel 5.40 4.91 53

1965 Italy 6.26 5.96 19

1965 Jamaica 7.28 5.91 22

1965 Japan 6.14 6.45 11

1965 Jordan 4.35 4.83 56

1965 Kenya 5.65 5.25 41

1965 Korea, South 4.80 4.99 49

1965 Luxembourg 7.39 7.37 1

1965 Madagascar 4.89 4.45 68

1965 Malawi 4.06 4.35 72

1965 Malaysia 5.72 5.96 20

1965 Mali 3.80 4.25 78

1965 Malta 5.52 5.24 43

1965 Mauritius 6.39 5.95 21

1965 Mexico 6.21 5.33 37

1965 Morocco 4.77 4.81 58

1965 Myanmar 4.15 3.48 96

1965 Nepal 5.64 5.15 45

1965 Netherlands 6.28 6.52 10

1965 New Zealand 5.64 5.87 24

1965 Nicaragua 4.61 3.50 95

1965 Niger 5.05 4.80 59

1965 Nigeria 4.91 4.26 77

1965 Norway 6.06 6.10 17

1965 Pakistan 4.81 4.61 63

1965 Panama 6.41 6.21 14

1965 Paraguay 5.40 5.08 47

1965 Peru 6.25 4.37 71

1965 Philippines 6.01 5.28 40

1965 Portugal 5.89 5.61 29

1965 Romania 3.77 4.48 66

1965 Rwanda 3.99 4.71 61

1965 Senegal 4.19 4.43 69

1965 Sierra Leone 5.21 4.34 74

1965 Singapore 6.74 6.87 5

1965 South Africa 5.84 5.39 34

1965 Spain 5.53 5.72 25

1965 Sri Lanka 4.88 4.56 65

1965 Sweden 6.20 6.18 16

1965 Switzerland 7.14 7.18 3

1965 Syria 5.22 4.11 85

1965 Taiwan 5.40 5.70 26

1965 Tanzania 3.50 3.63 93

1965 Thailand 5.35 5.38 35

1965 Togo 4.52 4.68 62

1965 Trinidad & Tob. 6.00 5.18 44

1965 Tunisia 3.71 4.02 89

1965 Turkey 5.38 5.02 48

1965 Uganda 5.17 4.11 86

1965 United Kingdom 6.17 6.64 9

1965 United States 7.14 7.20 2

1965 Uruguay 5.38 5.68 27

1965 Venezuela 5.90 5.56 30

1965 Zambia 4.51 4.07 82

1965 Zimbabwe 4.53 4.43 65

1960 Argentina 5.32 4.33 71

1960 Australia 6.38 6.32 10

1960 Austria 6.67 6.21 13

1960 Belgium 6.95 6.78 6

1960 Benin 3.79 4.10 80

1960 Bolivia 5.59 4.65 56

1960 Brazil 5.43 4.29 74

1960 Cameroon 4.18 4.66 55

1960 Canada 7.21 6.99 4

1960 Central Afr. Rep. 3.57 3.96 84

1960 Chad 3.63 4.18 78

1960 Chile 5.55 5.24 38

1960 China 3.94 4.20 77

1960 Colombia 6.12 5.18 40

1960 Congo, Rep. Of 4.18 4.20 76

1960 Costa Rica 6.74 5.64 24

1960 Cote d'Ivoire 4.16 4.54 59

1960 Cyprus 6.03 5.44 30

1960 Denmark 6.54 6.24 11

1960 Dominican Rep. 5.21 5.02 44

1960 Ecuador 5.86 4.89 48

1960 Egypt 4.38 4.07 83

1960 El Salvador 6.11 4.82 53

1960 Finland 6.29 6.12 15

1960 France 5.41 5.53 29

1960 Gabon 4.07 4.48 62

1960 Germany 6.65 6.61 7

1960 Ghana 4.79 3.87 86

1960 Greece 5.92 5.31 35

1960 Guatemala 6.13 5.02 45

1960 Guyana 4.39 3.85 87

1960 Haiti 5.13 4.47 63

1960 Honduras 6.20 5.55 28

1960 Iceland 6.69 5.86 19

1960 India 5.71 4.85 52

1960 Indonesia 4.67 4.87 49

1960 Iran 4.84 3.96 85

1960 Ireland 5.68 5.84 20

1960 Israel 5.43 4.93 46

1960 Italy 6.10 5.84 21

1960 Jamaica 6.08 5.30 36

1960 Japan 5.88 6.22 12

1960 Jordan 3.45 4.35 69

1960 Kenya 6.25 5.43 31

1960 Korea, South 4.36 4.71 54

1960 Luxembourg 7.43 7.26 1

1960 Madagascar 4.21 4.08 81

1960 Malaysia 6.02 5.98 18

1960 Mali 4.12 4.31 72

1960 Malta 5.45 5.13 42

1960 Mauritius 5.76 5.55 27

1960 Mexico 5.96 5.16 41

1960 Morocco 6.21 5.38 32

1960 Myanmar 4.76 3.63 89

1960 Nepal 4.16 4.40 67

1960 Netherlands 6.18 6.38 9

1960 New Zealand 5.65 5.80 22

1960 Nicaragua 5.33 3.81 88

1960 Niger 4.17 4.34 70

1960 Nigeria 5.68 4.51 61

1960 Norway 6.14 6.08 17

1960 Pakistan 4.50 4.38 68

1960 Panama 6.41 6.12 16

1960 Paraguay 5.32 4.92 47

1960 Peru 6.44 4.43 64

1960 Philippines 5.20 4.85 51

1960 Portugal 5.98 5.60 25

1960 Romania 4.26 4.62 57

1960 Senegal 4.08 4.30 73

1960 Sierra Leone 5.09 4.23 75

1960 Singapore 6.96 6.87 5

1960 South Africa 5.94 5.35 33

1960 Spain 5.39 5.59 26

1960 Sri Lanka 4.96 4.51 60

1960 Sweden 6.26 6.14 14

1960 Switzerland 7.22 7.10 2

1960 Syria 6.03 4.42 66

1960 Taiwan 4.50 5.19 39

1960 Thailand 5.36 5.28 37

1960 Togo 4.52 4.59 58

1960 Trinidad & Tob. 5.99 5.08 43

1960 Tunisia 4.16 4.15 79

1960 Turkey 5.13 4.87 50

1960 United Kingdom 6.18 6.54 8

1960 United States 7.13 7.07 3

1960 Uruguay 5.70 5.76 23

1960 Venezuela 5.69 5.35 34

1955 Argentina 4.91 4.09 59

1955 Australia 5.95 6.03 8

1955 Austria 5.63 5.67 20

1955 Belgium 6.12 6.33 6

1955 Bolivia 4.72 4.25 55

1955 Brazil 4.96 4.03 60

1955 Canada 7.09 6.83 2

1955 Chile 4.86 4.84 39

1955 China 4.19 4.25 56

1955 Colombia 4.88 4.54 48

1955 Costa Rica 6.75 5.57 23

1955 Cyprus 6.47 5.55 24

1955 Denmark 5.65 5.79 14

1955 Dominican Rep. 5.32 4.99 35

1955 Ecuador 5.76 4.75 42

1955 Egypt 4.54 4.02 61

1955 El Salvador 5.98 4.67 46

1955 Finland 5.68 5.76 16

1955 France 5.46 5.48 26

1955 Germany 5.44 6.00 11

1955 Ghana 4.43 3.65 66

1955 Greece 5.57 5.09 33

1955 Guatemala 5.93 4.82 40

1955 Guyana 4.16 3.70 63

1955 Haiti 5.00 4.30 53

1955 Honduras 6.23 5.49 25

1955 Iceland 6.36 5.65 21

1955 India 5.29 4.57 47

1955 Iran 4.93 3.91 62

1955 Ireland 5.62 5.74 17

1955 Israel 4.88 4.67 45

1955 Italy 5.61 5.58 22

1955 Jamaica 6.16 5.27 29

1955 Japan 5.65 6.01 9

1955 Jordan 3.48 4.28 54

1955 Korea, South 4.00 4.47 50

1955 Luxembourg 6.25 6.63 4

1955 Malaysia 5.64 5.72 18

1955 Mexico 5.94 5.09 34

1955 Morocco 5.39 4.94 37

1955 Myanmar 5.13 3.68 65

1955 Netherlands 5.60 6.04 7

1955 New Zealand 5.58 5.70 19

1955 Nicaragua 5.09 3.69 64

1955 Nigeria 5.09 4.16 58

1955 Norway 5.61 5.78 15

1955 Pakistan 4.55 4.33 51

1955 Panama 6.35 6.01 10

1955 Paraguay 4.61 4.49 49

1955 Peru 6.22 4.30 52

1955 Philippines 5.33 4.84 38

1955 Portugal 5.79 5.46 27

1955 South Africa 5.93 5.27 31

1955 Spain 4.83 5.27 30

1955 Sri Lanka 5.63 4.73 43

1955 Sweden 5.79 5.86 12

1955 Switzerland 7.16 6.97 1

1955 Syria 5.55 4.16 57

1955 Taiwan 3.63 4.71 44

1955 Thailand 5.57 5.28 28

1955 Trinidad & Tob. 5.94 4.97 36

1955 Turkey 5.13 4.82 41

1955 United Kingdom 5.97 6.36 5

1955 United States 6.47 6.66 3

1955 Uruguay 5.94 5.81 13

1955 Venezuela 5.54 5.18 32

1950 Argentina 4.82 3.99 49

1950 Australia 6.23 6.06 8

1950 Austria 5.72 5.63 19

1950 Belgium 5.91 6.17 5

1950 Bolivia 4.73 4.23 46

1950 Brazil 5.13 4.05 48

1950 Canada 6.48 6.47 3

1950 Chile 4.78 4.72 38

1950 Colombia 5.26 4.63 40

1950 Costa Rica 5.80 5.06 28

1950 Denmark 5.80 5.79 17

1950 Dominican Rep. 4.62 4.61 41

1950 Ecuador 5.61 4.59 42

1950 Egypt 5.40 4.29 45

1950 El Salvador 6.16 4.67 39

1950 Finland 5.80 5.73 18

1950 France 5.88 5.60 20

1950 Germany 5.73 6.05 9

1950 Greece 5.48 4.98 31

1950 Guatemala 5.95 4.72 37

1950 Honduras 6.58 5.58 21

1950 India 5.90 4.75 36

1950 Iran 5.11 3.91 50

1950 Ireland 5.95 5.81 16

1950 Israel 5.18 4.79 35

1950 Italy 6.39 5.88 12

1950 Luxembourg 6.08 6.46 4

1950 Malaysia 6.35 5.95 11

1950 Mexico 5.74 4.94 33

1950 Morocco 5.54 4.94 32

1950 Myanmar 5.56 3.75 53

1950 Netherlands 5.40 5.88 13

1950 New Zealand 6.08 5.85 15

1950 Nicaragua 5.39 3.79 52

1950 Norway 6.39 6.07 7

1950 Pakistan 4.68 4.31 44

1950 Panama 6.19 5.86 14

1950 Paraguay 3.28 3.80 51

1950 Peru 5.77 4.06 47

1950 Philippines 5.87 5.02 29

1950 Portugal 5.45 5.26 24

1950 South Africa 5.51 5.01 30

1950 Spain 4.98 5.28 23

1950 Sri Lanka 6.76 5.15 26

1950 Sweden 6.36 6.05 10

1950 Switzerland 7.10 6.84 2

1950 Syria 4.68 3.72 54

1950 Taiwan 3.04 4.36 43

1950 Thailand 5.50 5.16 25

1950 Turkey 5.33 4.86 34

1950 United Kingdom 5.56 6.09 6

1950 United States 7.24 6.90 1

1950 Uruguay 5.31 5.47 22

1950 Venezuela 5.70 5.14 27

the World Index to the Cold War Era." Cato Journal, forthcoming.

EFW 1950-1965
These indexes attempt to extend Economic Freedom of
the World back to 1950 using a simplified eight variable
index ("EFW_New"). This index is then fitted to
overlapping values to make it directly comparable with
data found in the primary Economic Freedom of the
World data. Secondly, this was combined with
"backcasted" values of EFW to create the best single
estimate of economic freedom for a given country for a
given year ("EFW_FINAL"). For more details, see
Murphy and Lawson (forthcoming), as cited above.