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
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* 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.
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