Economic freedom, overall index (0-100), 2023:
The average for 2023 based on 12 countries was 55 index points. The highest value was in Chile: 71 index points and the lowest value was in Venezuela: 26 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
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.