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 20 countries was 56 index points. The highest value was in Chile: 71 index points and the lowest value was in Cuba: 26 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
Chile 71 1 1995 - 2024
Uruguay 70 2 1995 - 2024
Costa Rica 68 3 1995 - 2024
Peru 65 4 1995 - 2024
Panama 64 5 1995 - 2024
Domin. Rep. 63 6 1995 - 2024
Guatemala 62 7 1995 - 2024
Mexico 62 8 1995 - 2024
Paraguay 60 9 1995 - 2024
Colombia 59 10 1995 - 2024
Honduras 59 11 1995 - 2024
Ecuador 55 12 1995 - 2024
El Salvador 54 13 1995 - 2024
Brazil 53 14 1995 - 2024
Nicaragua 53 15 1995 - 2024
Argentina 50 16 1995 - 2024
Haiti 48 17 1995 - 2024
Bolivia 44 18 1995 - 2024
Venezuela 28 19 1995 - 2024
Cuba 26 20 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

1. Chile
2. Uruguay
3. Costa Rica
4. Peru
5. Panama
6. Domin. Rep.
7. Guatemala
8. Mexico
9. Paraguay
10. Colombia
11. Honduras
12. Ecuador
13. El Salvador
14. Brazil
15. Nicaragua
16. Argentina
17. Haiti
18. Bolivia
19. Venezuela
20. Cuba
71
70
68
65
64
63
62
62
60
59
59
55
54
53
53
50
48
44
28
26
0
17.8
35.5
53.3
71


This site uses cookies.
Learn more here


OK