Scoring of the freedom from government factor is based on two components: Government expenditure as a percentage of GDP, Revenues generated by state-owned enterprises (SOEs) and property as a percentage of total government revenue. Government expenditure as a percentage of GDP is weighted as two-thirds of the freedom from government factor score, and revenue from SOEs is weighted as one-third. In cases where SOE data does not exist, the data is excluded from the factor score. The country's freedom from government ranges between 0 and 100, where 100 represents the maximum degree of freedom from government.
Type of variable: Continuous
Last updated by source: 2021-01-29