* 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.
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