The Link Between Economic Opportunity & Prosperity

The 2009 Index of Economic Freedom: El Salvador 33 in the world, Costa Rica 46, Panama 55, Nicaragua 84, Guatemala 87, Honduras 91.

Tuesday, November 10, 2009


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The 2009 Index of Economic Freedom, produced by The Wall Street Journal and The Heritage Foundation, covers 183 countries across 10 specific freedoms such as trade freedom, business freedom, investment freedom, and property rights.

"Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself."

See the individual chapter for each Central American country:
- ElSalvador
- CostaRica
- Panamá
- Nicaragua
- Guatemala
- Honduras

More on this topic

Economic Freedom Index 2010

January 2010

In Central America, El Salvador leads (32 in the world), followed by Costa Rica (54), Panama (60), Guatemala (83), Nicaragua (98) and Honduras (99).

El Salvador and Guatemala climbed positions in the index when compared to 2009, while Costa Rica, Nicaragua, Panama and Honduras fell lower.

The 2011 Index of Economic Freedom

January 2011

In Central America, El Salvador leads (39 in the world), followed by Costa Rica (49), Panama (59), Guatemala (79), Nicaragua (98) and Honduras (99).

According to the Heritage Foundation, who develops the index in association with The Wall Street Journal, "economic freedom is the fundamental right of every human to control his or her own labor and property.

Panama: Economic Freedom Under the Magnifying Glass

June 2011

Negative aspects such as high state spending and discrimination in income tax payments led to points deductions.

The Panamanian Association of Business Executives (APEDA), has presented the economic freedom index, an indicator designed to measure the country's climate for attracting business and chances of increased employment options in the country.

2009 Index of Economic Freedom

January 2009

In the region El Salvador is at the top (33 in overall ranking), followed by Costa Rica (46), Panama (55), Nicaragua (84), Guatemala (87), Dominican Rep. (88), and Honduras (91).

In a period of slowing economic growth in many parts of the world, popular pressure for governments to act to fix the situation can be enormous.

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