Economic Freedom rating: Ukraine takes 135th place

Fraser Institute

Ukraine has risen for three places (from 138 to 135) in the Economic Freedom 2019 rating. However, it is still in the lower part of the list along with underdeveloped African, Asian and Latin states as Fraser Institute reported.

Ukraine is the only country of Europe which stays in the least free group.

The improvements in the economic freedom of Ukraine are spotted in such indexes as the size of government, regulation and freedom to trade internationally; the deterioration is observed in the legal system and property rights.

Related: Ukraine gains ten places in Corruption Perceptions Index

Hong Kong and Singapore occupy the beginning of the rating, while Iraq, Congo, Egypt, Syria, Angola, Algeria, Sudan, Libya and Venezuela show the worst results.

Ukrainian hryvnia is placed on the fifth place from the end in the top list of the most unrated currencies according to the Big Mac index.

Besides, Ukraine has climbed up to 150th position (out of 163 places) in the rating of peaceful states according to the results of the annual research of the Institute of Economy and Peace “Global Peace Index 2019”.

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