* indicates monthly or quarterly data series

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

The average for 2023 based on 20 countries was 56 index points. The highest value was in Chile: 71 index points and the lowest value was in Cuba: 24 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
Chile 71 1 1995 - 2023
Uruguay 70 2 1995 - 2023
Costa Rica 67 3 1995 - 2023
Peru 67 4 1995 - 2023
Panama 64 5 1995 - 2023
Colombia 63 6 1995 - 2023
Domin. Rep. 63 7 1995 - 2023
Guatemala 63 8 1995 - 2023
Mexico 63 9 1995 - 2023
Paraguay 61 10 1995 - 2023
Honduras 59 11 1995 - 2023
El Salvador 56 12 1995 - 2023
Ecuador 55 13 1995 - 2023
Nicaragua 55 14 1995 - 2023
Brazil 54 15 1995 - 2023
Argentina 51 16 1995 - 2023
Haiti 50 17 1995 - 2023
Bolivia 43 18 1995 - 2023
Venezuela 26 19 1995 - 2023
Cuba 24 20 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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