* indicates monthly or quarterly data series

Economic freedom, overall index (0-100), 2024:

The average for 2024 based on 41 countries was 58 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 2024. 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, 2024 Global rank Available data
Singapore 84 1 1995 - 2024
Taiwan 80 2 1995 - 2024
South Korea 73 3 1995 - 2024
UA Emirates 71 4 1996 - 2024
Israel 70 5 1995 - 2024
Qatar 69 6 1999 - 2024
Georgia 68 7 1996 - 2024
Japan 68 8 1995 - 2024
Brunei 66 9 2014 - 2024
Malaysia 66 10 1995 - 2024
Armenia 65 11 1996 - 2024
Indonesia 64 12 1995 - 2024
Bahrain 63 13 1995 - 2024
Oman 63 14 1995 - 2024
Vietnam 63 15 1995 - 2024
Azerbaijan 62 16 1996 - 2024
Kazakhstan 62 17 1998 - 2024
Saudi Arabia 62 18 1996 - 2024
Mongolia 61 19 1995 - 2024
Kuwait 59 20 1996 - 2024
Philippines 59 21 1995 - 2024
Thailand 59 22 1995 - 2024
Jordan 58 23 1995 - 2024
Cambodia 56 24 1997 - 2024
Uzbekistan 56 25 1998 - 2024
Bhutan 55 26 2009 - 2024
Kyrgyzstan 55 27 1998 - 2024
Bangladesh 54 28 1995 - 2024
India 53 29 1995 - 2024
Nepal 52 30 1996 - 2024
Laos 51 31 1996 - 2024
Tajikistan 51 32 1998 - 2024
Pakistan 50 33 1995 - 2024
China 49 34 1995 - 2024
Sri Lanka 49 35 1995 - 2024
Lebanon 48 36 1996 - 2024
Maldives 48 37 2009 - 2024
Turkmenistan 46 38 1998 - 2024
Burma 42 39 1996 - 2024
Iran 41 40 1996 - 2024
North Korea 3 41 1995 - 2024


New - World map: Economic freedom, overall index




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.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles

This site uses cookies.
Learn more here


OK