Economic freedom, overall index - Country rankings
* indicates monthly or quarterly data series
Economic freedom, overall index (0-100), 2024:
The average for 2024 based on 10 countries was 62 index points. The highest value was in New Zealand: 78 index points and the lowest value was in Papua New Guinea: 49 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
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* indicates monthly or quarterly data series
| Countries | Economic freedom, overall index, 2024 | Global rank | Available data |
|---|---|---|---|
| New Zealand | 78 | 1 | 1996 - 2024 |
| Australia | 76 | 2 | 1995 - 2024 |
| Samoa | 67 | 3 | 1996 - 2024 |
| Vanuatu | 62 | 4 | 2009 - 2024 |
| Micronesia | 61 | 5 | 2009 - 2024 |
| Tonga | 59 | 6 | 2009 - 2024 |
| Fiji | 58 | 7 | 1995 - 2024 |
| Solomon Isl. | 55 | 8 | 2009 - 2024 |
| Kiribati | 51 | 9 | 2009 - 2024 |
| Papua N.G. | 49 | 10 | 1996 - 2024 |
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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78
76
67
62
61
59
58
55
51
49
0
19.5
39
58.5
78
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