Russia: Economic freedom, overall index

* indicates monthly or quarterly data series
 Russia

Economic freedom, overall index (0-100)

 Latest value 52
 Year 2024
 Measure index points
 Data availability 1995 - 2024
 Average 53
 Min - Max 49 - 62
 Source The Heritage Foundation
The latest value from 2024 is 52 index points, a decline from 54 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Russia from 1995 to 2024 is 53 index points. The minimum value, 49 index points, was reached in 1997 while the maximum of 62 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Russia - Economic freedom, overall index - Recent values chart

Historical series
Russia - Economic freedom, overall index - historical chart - 1995-2024




Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.

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 Related indicators Latest Reference Measure
 Property rights 21 2024 points
 Freedom from corruption 26 2024 points
 Fiscal freedom 96 2024 points
 Business freedom 54 2024 points
 Labor freedom 57 2024 points
 Monetary freedom 58.90 2024 points
 Trade freedom 69 2024 points
 Investment freedom 30 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 52 2024 index points
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