Is your country economically free?

basic economics, if you are a developing country you can't compete with the larger and more industrialized countries, if you don't protect your markets your citizens will preffer buying imported goods, if they only buy foreign goods your industry will not profit and break down, if your industry breaks down and you aren't some tiny tourist trap island or a fiscal paradise it means your entire country breaks down. there are some economic views wich disagree with this kind of scenario but reality has proven undeveloped countries who missmanage their internal markets colapse and colapse bad.

Is there a single ranking or metrics where Ukraine isn't in the dead end?

which*

we lost first place to singapore
now the only thing we are first in is median housing price to median wage ratio

And amazing when not developed as well, since it helps to speed up the process bringing options and prosperity to everyone. Governments that protect a few local producers at the expense of the huge majority of consumers are trash and so are the people who promote such a vile anti market practice in the name nationalism

>bringing options and prosperity to everyone.
it just raises the buying power of the consumer, it's terrible on the long run.
poor economies can't be fully dependent on more powerfull and more influent foreign currencies and companies, see the recent high deflation of dollar for exemple, you need to have something to balance your own economy otherwise you are fully dependent on a foreign power, their prices and game rules.
see the case of Venezuela, they based their entire economy on a single commoditie while exporting almost everything else, once they couldn't profit from oil they couldn't profit from anything and they couldn't even keep themselves.

Why do our libertards say we're basically venezuela?

>commoditie while exporting almost everything else
while Importing*

Except that it never happened in real life.
A free economy can't really beat a country like USA where the governments gives subsidies to it's industries or forgive debts

Because this index is a joke.
Countries like Singapore where a single party authoritarian state controls the entire country are considered free