Czechia ranked 17th in Economic Freedom of the World Index
Czechia has improved its ranking in the Economic Freedom of the World Index published by the Canadian Fraser Institute. The country is now in 17th place, compared to last year’s 22nd ranking. Czechia improved in four of the five index indicators, with only high inflation pulling it down. Finland and Sweden are also ranked 17th. Germany is ranked 23rd, Austria 28th, Slovakia 41st, Hungary 49th and Poland 59th. According to the Prague-based Liberal Institute, Czechia now has the freest economy in Central Europe. Singapore topped the rankings.