The 2011 Index of Economic Freedom reports on economic policy developments since the second half of 2009 in 183 economies. Based on 10 measures that evaluate openness, the rule of law, and competitiveness, the Index ranks economies according to their economic freedom. The principles of economic freedom emphasized in the Index are individual empowerment, non-discimination, and the promotion of competition.

World Ranking 2011 is led (as in the 2010 edition) by Hong Kong, Singapore and Australia.

Luxembourg’s economic freedom score is 76.2, making its economy the 13th freest in the 2011 Index. Its overall score is 0.8 point better than last year, reflecting improvements in half of the 10 economic freedoms. Luxembourg is ranked 4th out of 43 countries in the Europe region.
Luxembourg has long benefited from a favorable climate for entrepreneurial activity and high levels of openness and flexibility. Prudent financial regulations have supported Luxembourg’s position as a global financial hub. The judiciary, independent of politics and free of corruption, has provided strong protection for property rights. Institutional support for investment freedom, trade freedom, financial freedom, and business freedom is similarly strong.