Economic freedom, overall index - Country rankings
* indicates monthly or quarterly data series
Economic freedom, overall index (0-100), 2023:
The average for 2023 based on 11 countries was 61 index points. The highest value was in Singapore: 84 index points and the lowest value was in Burma (Myanmar): 47 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, 2023 | Global rank | Available data |
|---|---|---|---|
| Singapore | 84 | 1 | 1995 - 2024 |
| Malaysia | 67 | 2 | 1995 - 2024 |
| Brunei | 66 | 3 | 2014 - 2024 |
| Indonesia | 64 | 4 | 1995 - 2024 |
| Vietnam | 62 | 5 | 1995 - 2024 |
| Thailand | 61 | 6 | 1995 - 2024 |
| Philippines | 59 | 7 | 1995 - 2024 |
| Cambodia | 57 | 8 | 1997 - 2024 |
| India | 53 | 9 | 1995 - 2024 |
| Laos | 50 | 10 | 1996 - 2024 |
| Burma | 47 | 11 | 1996 - 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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84
67
66
64
62
61
59
57
53
50
47
0
21
42
63
84
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