* indicates monthly or quarterly data series

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

The average for 2023 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 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
Taiwan 81 2 1995 - 2023
South Korea 74 3 1995 - 2023
UA Emirates 71 4 1996 - 2023
Georgia 69 5 1996 - 2023
Israel 69 6 1995 - 2023
Japan 69 7 1995 - 2023
Qatar 69 8 1999 - 2023
Malaysia 67 9 1995 - 2023
Brunei 66 10 2014 - 2023
Armenia 65 11 1996 - 2023
Indonesia 64 12 1995 - 2023
Bahrain 63 13 1995 - 2023
Kazakhstan 62 14 1998 - 2023
Mongolia 62 15 1995 - 2023
Vietnam 62 16 1995 - 2023
Azerbaijan 61 17 1996 - 2023
Thailand 61 18 1995 - 2023
Bhutan 59 19 2009 - 2023
Jordan 59 20 1995 - 2023
Oman 59 21 1995 - 2023
Philippines 59 22 1995 - 2023
Saudi Arabia 58 23 1996 - 2023
Cambodia 57 24 1997 - 2023
Kuwait 57 25 1996 - 2023
Uzbekistan 57 26 1998 - 2023
Kyrgyzstan 56 27 1998 - 2023
Bangladesh 54 28 1995 - 2023
India 53 29 1995 - 2023
Sri Lanka 52 30 1995 - 2023
Nepal 51 31 1996 - 2023
Tajikistan 51 32 1998 - 2023
Laos 50 33 1996 - 2023
Pakistan 49 34 1995 - 2023
China 48 35 1995 - 2023
Burma 47 36 1996 - 2023
Maldives 47 37 2009 - 2023
Turkmenistan 47 38 1998 - 2023
Lebanon 46 39 1996 - 2023
Iran 42 40 1996 - 2023
North Korea 3 41 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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