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Religious Freedom Spurs Global Economy

19 Sep, 2019

As the world navigates away from years of poor economic performance, religious freedom may be an unrecognized asset to economic recovery and growth:

Religious freedom is one of only three factors significantly associated with global economic growth, according to a 2014 study. The study also showed a positive relationship between religious freedom and ten of the twelve pillars of global competitiveness, as measured by the World Economic Forum’s Global Competitiveness Index. (source)

Since the 2008 financial crisis, GDP growth rates in populous countries where religious freedom increased grew at about double the rate as in countries where religious freedom decreased. (source)