Argentina’s economic freedom score is 44.1, making its economy the 169th freest in the 2015 Index. Its overall score has decreased by 0.5 point due to declines in five of the 10 economic freedoms, including the management of government spending, labor freedom, and business freedom. Argentina ranks 27th out of 29 countries in the South and Central America/Caribbean region, and its overall score remains far below the regional and world averages.