Overall index and ranking. Based on a recent report by the Heritage Foundation and the Wall Street Journal, the Philippines improved its score in the Index of Economic Freedom (IEF) by 1.9 points, i.e., 60.1 (2014) from 58.2 (2013). The higher index registered enabled the country to move up in the overall rankings by eight notches to 89th from 97th (out of 178). >>read complete document
