Poland's best ever Economic Freedom Index score
13:05
Poland has climbed 8 places in the 2015 edition of the Index of Economic Freedom, an annual ranking created by The Heritage Foundation and The Wall Street Journal. Poland is ranked 42nd globally and 19th in Europe. In 2014, Poland held 50th place and 23rd place, respectively.
“Over the past five years, Poland’s economic freedom score has advanced by 4.5 points, the largest improvement in the region. Gains in eight of the 10 economic freedoms include double-digit strides in financial freedom and freedom from corruption. In the 2015 Index, Poland has recorded its highest economic freedom score ever,” the Heritage Foundation official website informed.
The country hit the lowest score in Business Freedom, which is a measure of the ability to start, operate, and close a business, and in Government Size/Spending.
Hong-Kong tops this year's edition, followed by Singapore, New Zealand and Australia. In Europe, Switzerland is placed 1st, with Estonia and Ireland just behind.