The 2009 Index of Economic Freedom ranked Cape Verde 77th in the scale of overall economic freedoms. This is an improvement of 3.4% and places Cape Verde in the ‘Mostly Free’ bracket.

The Index combines several comparative measures to assess an individuals financial freedom and economic liberty as described in the FAQ pages of the report.

The highest form of economic freedom provides an absolute right of property ownership, fully realized freedoms of movement for labor, capital, and goods, and an absolute absence of coercion or constraint of economic liberty beyond the extent necessary for citizens to protect and maintain liberty itself. In other words, individuals are free to work, produce, consume, and invest in any way they please, and that freedom is both protected by the state and unconstrained by the state.