Economic Freedom and Per Capita Income

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Economic Freedom and Per Capita Income 2003 GDP per Capita (in Purchasing Power Parities) Source: World Bank, World Development Indicators online, available by subscription at www.worldbank.org/data; Central Intelligence Agency, The World Factbook 2003 for the following countries: Bahamas, Burma, Cuba, Iraq, Israel, Libya, Mozambique, Nicaragua, Qatar, Taiwan, Serbia-Montenegro, United Arab Emirates; and Marc A. Miles, Edwin J. Feulner, and Mary Anastasia O’Grady, 2005 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2005), available at www.heritage.org/index.

Improvement in Economic Freedom and Economic Growth Average GDP Growth Rates (1995-2003) Biggest Improvement Smallest Improvement Improvement in Economic Freedom (1997-2005) Note: 137 countries were observed. Sources: World Bank, World Development Indicators Online, available by subscription at www.worldbank.org/data; Marc A. Miles, Edwin J. Feulner, and Mary Anastasia O’Grady, 2005 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2005), available at www.heritage.org/index.

Freer Trade Policy Associated with Higher GDP per Capita Growth Trade Policy Score Change (1997-2005) Sources: World Bank, World Development Indicators Online, available by subscription at www.worldbank.org/data; Marc A. Miles, Edwin J. Feulner, and Mary Anastasia O’Grady, 2005 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2005), available at www.heritage.org/index.