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 40 countries was 68 index points. The highest value was in Ireland: 83 index points and the lowest value was in Belarus: 48 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 |
---|---|---|---|
Ireland | 83 | 1 | 1995 - 2024 |
Switzerland | 83 | 2 | 1996 - 2024 |
Luxembourg | 79 | 3 | 1996 - 2024 |
Denmark | 78 | 4 | 1996 - 2024 |
Estonia | 78 | 5 | 1995 - 2024 |
Norway | 78 | 6 | 1996 - 2024 |
Sweden | 78 | 7 | 1995 - 2024 |
Netherlands | 77 | 8 | 1996 - 2024 |
Finland | 76 | 9 | 1996 - 2024 |
Lithuania | 73 | 10 | 1996 - 2024 |
Cyprus | 72 | 11 | 1996 - 2024 |
Germany | 72 | 12 | 1995 - 2024 |
Latvia | 72 | 13 | 1996 - 2024 |
Iceland | 71 | 14 | 1997 - 2024 |
Czechia | 70 | 15 | 1995 - 2024 |
Bulgaria | 69 | 16 | 1995 - 2024 |
Portugal | 69 | 17 | 1995 - 2024 |
UK | 69 | 18 | 1995 - 2024 |
Austria | 68 | 19 | 1995 - 2024 |
Slovakia | 68 | 20 | 1995 - 2024 |
Croatia | 67 | 21 | 1996 - 2024 |
Belgium | 66 | 22 | 1996 - 2024 |
Poland | 66 | 23 | 1995 - 2024 |
Slovenia | 66 | 24 | 1996 - 2024 |
Albania | 65 | 25 | 1995 - 2024 |
Malta | 65 | 26 | 1995 - 2024 |
Romania | 64 | 27 | 1995 - 2024 |
France | 63 | 28 | 1995 - 2024 |
Serbia | 63 | 29 | 2002 - 2024 |
Spain | 63 | 30 | 1995 - 2024 |
Bosnia & Herz. | 62 | 31 | 1998 - 2024 |
Hungary | 61 | 32 | 1995 - 2024 |
North Macedonia | 61 | 33 | 2002 - 2024 |
Italy | 60 | 34 | 1995 - 2024 |
Montenegro | 60 | 35 | 2002 - 2024 |
Moldova | 57 | 36 | 1995 - 2024 |
Turkey | 56 | 37 | 1995 - 2024 |
Greece | 55 | 38 | 1995 - 2024 |
Russia | 52 | 39 | 1995 - 2024 |
Belarus | 48 | 40 | 1995 - 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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