Economic freedom, overall index - Country rankings

* indicates monthly or quarterly data series

Economic freedom, overall index (0-100), 2023 - Country rankings:

The average for 2023 based on 174 countries was 59 index points.The highest value was in Singapore: 84 index points and the lowest value was in North Korea: 3 index points. The indicator is available from 1995 to 2023. Below is a chart for all countries where data are available.

Measure: index points; Source: The Heritage Foundation
Select indicator
* indicates monthly or quarterly data series


Countries Economic freedom, overall index, 2023 Global rank Available data
Singapore 84 1 1995 - 2023
Switzerland 84 2 1996 - 2023
Ireland 82 3 1995 - 2023
Taiwan 81 4 1995 - 2023
Estonia 79 5 1995 - 2023
New Zealand 79 6 1996 - 2023
Denmark 78 7 1996 - 2023
Luxembourg 78 8 1996 - 2023
Netherlands 78 9 1996 - 2023
Sweden 78 10 1995 - 2023
Finland 77 11 1996 - 2023
Norway 77 12 1996 - 2023
Australia 75 13 1995 - 2023
Canada 74 14 1995 - 2023
Germany 74 15 1995 - 2023
South Korea 74 16 1995 - 2023
Latvia 73 17 1996 - 2023
Cyprus 72 18 1996 - 2023
Czechia 72 19 1995 - 2023
Iceland 72 20 1997 - 2023
Lithuania 72 21 1996 - 2023
Austria 71 22 1995 - 2023
Chile 71 23 1995 - 2023
Mauritius 71 24 1999 - 2023
UA Emirates 71 25 1996 - 2023
USA 71 26 1995 - 2023
Barbados 70 27 1996 - 2023
Portugal 70 28 1995 - 2023
UK 70 29 1995 - 2023
Uruguay 70 30 1995 - 2023
Bulgaria 69 31 1995 - 2023
Georgia 69 32 1996 - 2023
Israel 69 33 1995 - 2023
Japan 69 34 1995 - 2023
Qatar 69 35 1999 - 2023
Slovakia 69 36 1995 - 2023
Slovenia 69 37 1996 - 2023
Jamaica 68 38 1995 - 2023
Malta 68 39 1995 - 2023
Poland 68 40 1995 - 2023
Samoa 68 41 1996 - 2023
Belgium 67 42 1996 - 2023
Costa Rica 67 43 1995 - 2023
Malaysia 67 44 1995 - 2023
Peru 67 45 1995 - 2023
Brunei 66 46 2014 - 2023
Cape Verde 66 47 1996 - 2023
Croatia 66 48 1996 - 2023
Albania 65 49 1995 - 2023
Armenia 65 50 1996 - 2023
Botswana 65 51 1995 - 2023
Romania 65 52 1995 - 2023
Spain 65 53 1995 - 2023
France 64 54 1995 - 2023
Hungary 64 55 1995 - 2023
Indonesia 64 56 1995 - 2023
North Macedonia 64 57 2002 - 2023
Panama 64 58 1995 - 2023
St. Vincent & ... 64 59 2009 - 2023
Serbia 64 60 2002 - 2023
Bahamas 63 61 1995 - 2023
Bahrain 63 62 1995 - 2023
Bosnia & Herz. 63 63 1998 - 2023
Colombia 63 64 1995 - 2023
Domin. Rep. 63 65 1995 - 2023
Guatemala 63 66 1995 - 2023
Mexico 63 67 1995 - 2023
Micronesia 63 68 2009 - 2023
Italy 62 69 1995 - 2023
Kazakhstan 62 70 1998 - 2023
Mongolia 62 71 1995 - 2023
S.T.&Principe 62 72 2009 - 2023
Vanuatu 62 73 2009 - 2023
Vietnam 62 74 1995 - 2023
Azerbaijan 61 75 1996 - 2023
Montenegro 61 76 2002 - 2023
Paraguay 61 77 1995 - 2023
Saint Lucia 61 78 2009 - 2023
Thailand 61 79 1995 - 2023
Belize 60 80 1995 - 2023
Benin 60 81 1996 - 2023
Dominica 60 82 2009 - 2023
Ivory Coast 60 83 1995 - 2023
Seychelles 60 84 2009 - 2023
Tanzania 60 85 1995 - 2023
Tonga 60 86 2009 - 2023
Tr.&Tobago 60 87 1996 - 2023
Bhutan 59 88 2009 - 2023
Honduras 59 89 1995 - 2023
Jordan 59 90 1995 - 2023
Kiribati 59 91 2009 - 2023
Madagascar 59 92 1995 - 2023
Moldova 59 93 1995 - 2023
Oman 59 94 1995 - 2023
Philippines 59 95 1995 - 2023
Fiji 58 96 1995 - 2023
Gambia 58 97 1997 - 2023
Ghana 58 98 1995 - 2023
Morocco 58 99 1995 - 2023
Namibia 58 100 1997 - 2023
Saudi Arabia 58 101 1996 - 2023
Senegal 58 102 1996 - 2023
Cambodia 57 103 1997 - 2023
Greece 57 104 1995 - 2023
Guyana 57 105 1995 - 2023
Kuwait 57 106 1996 - 2023
Solomon Isl. 57 107 2009 - 2023
Turkey 57 108 1995 - 2023
Uzbekistan 57 109 1998 - 2023
Burkina Faso 56 110 1996 - 2023
Djibouti 56 111 1997 - 2023
El Salvador 56 112 1995 - 2023
Gabon 56 113 1995 - 2023
Kyrgyzstan 56 114 1998 - 2023
South Africa 56 115 1995 - 2023
Ecuador 55 116 1995 - 2023
Mali 55 117 1995 - 2023
Mauritania 55 118 1996 - 2023
Nicaragua 55 119 1995 - 2023
Swaziland 55 120 1995 - 2023
Togo 55 121 1999 - 2023
Bangladesh 54 122 1995 - 2023
Brazil 54 123 1995 - 2023
Comoros 54 124 2009 - 2023
Niger 54 125 1996 - 2023
Nigeria 54 126 1995 - 2023
Russia 54 127 1995 - 2023
Angola 53 128 1995 - 2023
Guinea 53 129 1995 - 2023
India 53 130 1995 - 2023
Kenya 53 131 1995 - 2023
Malawi 53 132 1995 - 2023
Mozambique 53 133 1995 - 2023
Tunisia 53 134 1995 - 2023
Cameroon 52 135 1995 - 2023
Chad 52 136 1997 - 2023
Lesotho 52 137 1996 - 2023
Papua N.G. 52 138 1996 - 2023
Rwanda 52 139 1997 - 2023
Sri Lanka 52 140 1995 - 2023
Argentina 51 141 1995 - 2023
Belarus 51 142 1995 - 2023
Nepal 51 143 1996 - 2023
Tajikistan 51 144 1998 - 2023
Uganda 51 145 1995 - 2023
Egypt 50 146 1995 - 2023
Haiti 50 147 1995 - 2023
Laos 50 148 1996 - 2023
Liberia 50 149 2009 - 2023
Sierra Leone 50 150 1995 - 2023
Pakistan 49 151 1995 - 2023
China 48 152 1995 - 2023
DR Congo 48 153 1995 - 2023
Eq. Guinea 48 154 1999 - 2023
Ethiopia 48 155 1995 - 2023
R. of Congo 48 156 1996 - 2023
Zambia 48 157 1995 - 2023
Burma 47 158 1996 - 2023
Maldives 47 159 2009 - 2023
Turkmenistan 47 160 1998 - 2023
Lebanon 46 161 1996 - 2023
Suriname 46 162 1996 - 2023
G.-Bissau 45 163 1999 - 2023
C.A. Republic 44 164 2002 - 2023
Algeria 43 165 1995 - 2023
Bolivia 43 166 1995 - 2023
Burundi 42 167 1997 - 2023
Iran 42 168 1996 - 2023
Eritrea 40 169 2009 - 2023
Zimbabwe 39 170 1995 - 2023
Sudan 33 171 1995 - 2023
Venezuela 26 172 1995 - 2023
Cuba 24 173 1995 - 2023
North Korea 3 174 1995 - 2023


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.
1. Singapore
2. Switzerland
3. Ireland
4. Taiwan
5. Estonia
6. New Zealand
7. Denmark
8. Luxembourg
9. Netherlands
10. Sweden
11. Finland
12. Norway
13. Australia
14. Canada
15. Germany
16. South Korea
17. Latvia
18. Cyprus
19. Czechia
20. Iceland
21. Lithuania
22. Austria
23. Chile
24. Mauritius
25. UA Emirates
26. USA
27. Barbados
28. Portugal
29. UK
30. Uruguay
31. Bulgaria
32. Georgia
33. Israel
34. Japan
35. Qatar
36. Slovakia
37. Slovenia
38. Jamaica
39. Malta
40. Poland
41. Samoa
42. Belgium
43. Costa Rica
44. Malaysia
45. Peru
46. Brunei
47. Cape Verde
48. Croatia
49. Albania
50. Armenia
51. Botswana
52. Romania
53. Spain
54. France
55. Hungary
56. Indonesia
57. North Macedonia
58. Panama
59. St. Vincent & ...
60. Serbia
61. Bahamas
62. Bahrain
63. Bosnia & Herz.
64. Colombia
65. Domin. Rep.
66. Guatemala
67. Mexico
68. Micronesia
69. Italy
70. Kazakhstan
71. Mongolia
72. S.T.&Principe
73. Vanuatu
74. Vietnam
75. Azerbaijan
76. Montenegro
77. Paraguay
78. Saint Lucia
79. Thailand
80. Belize
81. Benin
82. Dominica
83. Ivory Coast
84. Seychelles
85. Tanzania
86. Tonga
87. Tr.&Tobago
88. Bhutan
89. Honduras
90. Jordan
91. Kiribati
92. Madagascar
93. Moldova
94. Oman
95. Philippines
96. Fiji
97. Gambia
98. Ghana
99. Morocco
100. Namibia
101. Saudi Arabia
102. Senegal
103. Cambodia
104. Greece
105. Guyana
106. Kuwait
107. Solomon Isl.
108. Turkey
109. Uzbekistan
110. Burkina Faso
111. Djibouti
112. El Salvador
113. Gabon
114. Kyrgyzstan
115. South Africa
116. Ecuador
117. Mali
118. Mauritania
119. Nicaragua
120. Swaziland
121. Togo
122. Bangladesh
123. Brazil
124. Comoros
125. Niger
126. Nigeria
127. Russia
128. Angola
129. Guinea
130. India
131. Kenya
132. Malawi
133. Mozambique
134. Tunisia
135. Cameroon
136. Chad
137. Lesotho
138. Papua N.G.
139. Rwanda
140. Sri Lanka
141. Argentina
142. Belarus
143. Nepal
144. Tajikistan
145. Uganda
146. Egypt
147. Haiti
148. Laos
149. Liberia
150. Sierra Leone
151. Pakistan
152. China
153. DR Congo
154. Eq. Guinea
155. Ethiopia
156. R. of Congo
157. Zambia
158. Burma
159. Maldives
160. Turkmenistan
161. Lebanon
162. Suriname
163. G.-Bissau
164. C.A. Republic
165. Algeria
166. Bolivia
167. Burundi
168. Iran
169. Eritrea
170. Zimbabwe
171. Sudan
172. Venezuela
173. Cuba
174. North Korea
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