* indicates monthly or quarterly data series

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

The average for 2023 based on 20 countries was 61 index points. The highest value was in Canada: 74 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
Canada 74 1 1995 - 2023
USA 71 2 1995 - 2023
Barbados 70 3 1996 - 2023
Jamaica 68 4 1995 - 2023
Costa Rica 67 5 1995 - 2023
Panama 64 6 1995 - 2023
St. Vincent & ... 64 7 2009 - 2023
Bahamas 63 8 1995 - 2023
Domin. Rep. 63 9 1995 - 2023
Guatemala 63 10 1995 - 2023
Mexico 63 11 1995 - 2023
Saint Lucia 61 12 2009 - 2023
Belize 60 13 1995 - 2023
Dominica 60 14 2009 - 2023
Tr.&Tobago 60 15 1996 - 2023
Honduras 59 16 1995 - 2023
El Salvador 56 17 1995 - 2023
Nicaragua 55 18 1995 - 2023
Haiti 50 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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