* indicates monthly or quarterly data series

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

The average for 2023 based on 40 countries was 69 index points. The highest value was in Switzerland: 84 index points and the lowest value was in Belarus: 51 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
Switzerland 84 1 1996 - 2023
Ireland 82 2 1995 - 2023
Estonia 79 3 1995 - 2023
Denmark 78 4 1996 - 2023
Luxembourg 78 5 1996 - 2023
Netherlands 78 6 1996 - 2023
Sweden 78 7 1995 - 2023
Finland 77 8 1996 - 2023
Norway 77 9 1996 - 2023
Germany 74 10 1995 - 2023
Latvia 73 11 1996 - 2023
Cyprus 72 12 1996 - 2023
Czechia 72 13 1995 - 2023
Iceland 72 14 1997 - 2023
Lithuania 72 15 1996 - 2023
Austria 71 16 1995 - 2023
Portugal 70 17 1995 - 2023
UK 70 18 1995 - 2023
Bulgaria 69 19 1995 - 2023
Slovakia 69 20 1995 - 2023
Slovenia 69 21 1996 - 2023
Malta 68 22 1995 - 2023
Poland 68 23 1995 - 2023
Belgium 67 24 1996 - 2023
Croatia 66 25 1996 - 2023
Albania 65 26 1995 - 2023
Romania 65 27 1995 - 2023
Spain 65 28 1995 - 2023
France 64 29 1995 - 2023
Hungary 64 30 1995 - 2023
North Macedonia 64 31 2002 - 2023
Serbia 64 32 2002 - 2023
Bosnia & Herz. 63 33 1998 - 2023
Italy 62 34 1995 - 2023
Montenegro 61 35 2002 - 2023
Moldova 59 36 1995 - 2023
Greece 57 37 1995 - 2023
Turkey 57 38 1995 - 2023
Russia 54 39 1995 - 2023
Belarus 51 40 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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