Index of Economic Freedom

The Index of Economic Freedom is an annual index and ranking created in 1995 by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom in the world's nations. The creators of the index claim to take an approach inspired by that of Adam Smith in The Wealth of Nations, that "basic institutions that protect the liberty of individuals to pursue their own economic interests result in greater prosperity for the larger society".[1][2]

The 2022 Index of Economic Freedom overall heatmap

Purpose

The Heritage Foundation website states that "Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please. In economically free societies, governments allow labor, capital, and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself."[3] By publishing yearly reports the foundation attempts to highlight where such freedoms do and don't exist.

The Heritage Foundation reports that the top 20% on the index have twice the per capita income of those in the second quintile, and five times that of the bottom 20%.[4] Carl Schramm, who wrote the first chapter of the 2008 Index, states that cities of Medieval Italy and mid-19th century Midwestern American cities all flourished to the degree they possessed economic fluidity and institutional adaptiveness created by economic freedom.[5]

According to Will Wilkinson of the libertarian think tank Cato Institute, studies show that higher economic freedom correlates strongly with higher self-reported happiness.[6] According to economists Tomi Ovaska and Ryo Takashima, economic freedom research suggests "that people unmistakably care about the degree to which the society where they live provides them opportunities and the freedom to undertake new projects, strongly with and make choices based on one's personal preferences."[7]

According to the Cato Institute, higher economic freedom promotes participation and collaboration.[8] Also claimed is that higher economic freedom is extremely significant in preventing wars; according to their calculations, freedom is around 54 times more effective than democracy (as measured by Democracy Score) in diminishing violent conflict.[9]

Ratings

Since the creation of the index in 1995, the score for world economic freedom has increased, rising 2.6 points up to 2008.[10] In 2011 the score had decreased from the 2008 score of 60.2 to 59.7, which represents an increase of 2.2 points since 1995. The Economic Freedom score improved for 117 countries, the majority of countries included in the index, which were mainly developing and emerging market economies. With the exception of Europe and North America, there were increased levels of freedom recorded in all regions, with the greatest improvement shown in Sub-Saharan Africa. The top five "free" economies identified by the 2011 index were Hong Kong, Singapore, Australia, New Zealand, and Switzerland, each scoring over 80 on the economic freedom grading scale.[11] Since the Index was created in 1995, Hong Kong has been the top performing economy.[11][12]

In 2011, the United States dropped to 9th place behind such countries as Denmark, Canada, and first-place Hong Kong.[11] The Heritage Foundation has pointed to increases in government spending as the reason for the United States' decline, and according to data from the 2011 index, the growth rates of countries with the highest levels of government spending were 4.5 points lower, on average, than countries where government spending was under control.[13] In their "Executive Highlights" of index results, the Heritage Foundation stated that "high levels of government spending in response to the global economic turmoil have not resulted in higher economic growth".[11]

The results from the 2012 index showed an overall decline in global economic freedom; according to The Heritage Foundation, the average score in its ranking was the second lowest of the last ten years.[14] In particular, the U.S. dropped to 10th place in the ranking, and has now fallen three places since 2008, when it was 7th.[15] A report issued by the Foundation stated that government spending was the cause of the decline, and had "not only failed to arrest the economic crisis, but also - in many countries - seems to be prolonging it".[16] According to the report, activity in the private sector is threatened by the greater government spending, which has increased public debt and led to more bureaucracy.[14]

Countries that shared the same rank received a tie score.

Reception

According to the Freedom House, "there is a high and statistically significant correlation between the level of political freedom as measured by Freedom House and economic freedom as measured by the Wall Street Journal/Heritage Foundation survey."[17] The Millennium Challenge Account, a U.S. government foreign aid program, has used the Trade freedom indicator in determining which countries will receive their performance-based compacts.[18]

Critics such as Jeffrey Sachs have contested the Index's assumption that economic openness necessarily leads to better growth. In his book The End of Poverty, Sachs graphed countries' ratings on the index against GDP per capita growth between 1995 and 2003, claiming to demonstrate no correlation between a country's rating and its rate of economic growth. Sachs pointed out, as examples, that countries with good ratings such as Switzerland and Uruguay had sluggish economic performances, others, like China, with poorer rating had very strong economic growth.[19]

The UAE questioned the rating of their country's economic freedom in 2008, comparing its middling rating with the high rating they had received from other indicators such as Transparency International and Moody's. They also argued that the report is "unreliable", because its methodology had changed twice in the last two years.[20]

Stefan Karlsson of the Ludwig von Mises Institute challenged the usefulness of the index due to the fuzziness of many of the categories used to determine freedom.[21] John Miller roundly criticizes the "Index", writing in Dollars & Sense, "In the hands of the Wall Street Journal and the Heritage Foundation, Washington's foremost right-wing think tank, however, an economic freedom index merely measures corporate and entrepreneurial freedom from accountability. Upon examination, the index turns out to be a poor barometer of either freedom more broadly construed or of prosperity."[22] According to Left Business Observer, growth in Index accounts for 10% of the variation in the growth of GDP.[23]

Methodology

The index evaluates 177 countries in four broad policy areas that affect the economic freedom, which are rule of law, government size, regulatory efficiency and open markets.[24][25] It also takes into consideration some specific categories like property rights, judicial effectiveness, government integrity and tax burden.[26][27] The ranking scores aspects of economic freedom between 0 and 100, with 0 meaning "no economic freedom" and 100 meaning "total economic freedom". There are twelve aspects divided into four categories.[28]

Property rights

Degree of a country's legal protection of private property rights and degree of enforcement of those laws. It is divided into the following sub-factors:

physical property rights
intellectual property rights
strength of investor protection
risk of expropriation
quality of land administration

Judicial effectiveness

Degree of the judiciary's efficiency and fairness, especially dealing with property laws. It is divided into the following sub-factors:

judicial independence
quality of the judicial process
likelihood of obtaining favorable judicial decisions

Government integrity

Analyzes how prevalent are forms of political corruption and practices such as bribery, extortion, nepotism, cronyism, patronage, embezzlement, and graft. It is divided into the following sub-factors:

public trust in politicians
irregular payments and bribes
transparency of government policymaking
absence of corruption
perceptions of corruption
governmental and civil service transparency

Tax burden

Analyzes marginal tax rates on personal and corporate income and the overall taxation level (including direct and indirect taxes imposed by all levels of government) as a percentage of the GDP. Its sub-factors are:

top marginal tax rate on individual income
top marginal tax rate on corporate income
total tax burden as a percentage of GDP

Government spending

Quantifies the burden of government expenditures, including consumption by the state and all transfer payments related to various welfare programs. The ideal level varies from country to country, but zero expenditure is used as a benchmark.

Fiscal health

Analyzes how well a country manages its budget by quantifying the growing debt and deficit. It is divided into the following sub-factors:

average deficits as a percentage of GDP for the most recent three years (80 percent of score)
debt as a percentage of GDP (20 percent of score)

Business freedom

Analyzes the cost, time and freedom to open, operate and close a business, taking into consideration factors like electricity. It is divided into thirteen sub-factors:

starting a business - procedures (number)
starting a business - time (days)
starting a business - cost (% of income per capita)
starting a business - minimum capital (% of income per capita)
obtaining a license - procedures (number)
obtaining a license - time (days)
obtaining a license - cost (% of income per capita)
closing a business - time (years)
closing a business - cost (% of estate)
closing a business - recovery rate (cents on the dollar)
getting electricity - procedures (number)
getting electricity - time (days) and
getting electricity - cost (% of income per capita)

Labor freedom

Quantifies the intrusiveness of labor rights such as minimum wage, laws inhibiting layoffs, severance requirements, and measurable regulatory restraints on hiring and hours worked, plus the labor force participation rate as an indicative measure of employment opportunities in the labor market. It is divided into the following sub-factors:

ratio of minimum wage to the average value added per worker
hindrance to hiring additional workers
rigidity of hours
difficulty of firing redundant employees
legally mandated notice period
mandatory severance pay
labor force participation rate

Monetary freedom

Analyzes how stable are prices and how much microeconomy intervenes. It is divided into the following sub-factors:

weighted average inflation rate for the most recent three years
price controls

Trade freedom

Quantifies the extent to which tariff and nontariff barriers affect imports and exports of goods and services into and out of the country. Its sub-factors are:

trade-weighted average tariff rate
nontariff barriers (NTBs)

Investment freedom

Analyzes how free or constrained is the flow of investment capital of individuals and firms.

Financial freedom

Indicates banking efficiency as well as how independent the government is from the financial sector. This aspect looks at five broad areas:

extent of government regulation of financial services
degree of state intervention in banks and other financial firms through direct and indirect ownership
government influence on the allocation of credit
extent of financial and capital market development
openness to foreign competition

Previous methodology

The Index's 2008 definition of economic freedom is "the highest form of economic freedom provides an absolute right of property ownership, fully realized freedoms of movement for labor, capital, and goods, and an absolute absence of coercion or constraint of economic liberty beyond the extent necessary for citizens to protect and maintain liberty itself."[29]

The index scores nations on ten factors of economic freedom, separated into four categories, using statistics from organizations like the World Bank, the International Monetary Fund, Economist Intelligence Unit and Transparency International. In each factor, countries are scored 0 to 100, with 0 being the least free and 100 the most free. A score of 100 signifies an economic environment or set of policies that is most conducive to economic freedom.[29] The methodology has shifted and changed as new data and measurements have become available, especially in the area of Labor Freedom, which was given its own indicator spot in 2007.[2] The following list explains what each factor currently assesses and groups them according to their respective category:

Rule of Law

Property Rights: Degree of a country's legal protection of private property rights, degree of enforcement of those laws, independence of and corruption within the judiciary, and likelihood of expropriation.
Freedom from Corruption: The non-prevalence of political corruption within a country, according to the Corruption Perceptions Index.

Limited Government

Fiscal Freedom: How free is a country from tax burden. It comprises three quantitative measures: top marginal tax rate of both individual (1) and corporate (2) income, and total tax burden as a percentage of GDP (3).
Government Size/Spending: Governments' expenditures as a percentage of GDP, including consumption and transfers. The higher the percentual spending, the lower the score.

Regulatory Efficiency

Business Freedom: A country's freedom from the burden of regulations on starting, operating, and closing business, given factors such as time, cost and number of procedures, as well as the efficiency of government in the regulatory process.
Labor Freedom: How free is a country from legal regulation on the labor market, including those relating to minimum wages, hiring and firing, hours of work and severance requirements.
Monetary Freedom: How free from microeconomic intervention and price instability is a country, basing on an equation considering the weighted average inflation rate in the last three years and price controls.

Open Markets

Trade Freedom: Freedom from sizeable numbers and burdens of tariffs and non-tariff barriers to imports and exports of a country.
Investment Freedom: Freedom from restrictions on the movement and use of investment capital, regardless of activity, within and across the country's borders.
Financial Freedom: A country's independence from government control and interference in the financial sector, including banks. It considers government ownership of financial firms, extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition.

Rankings and scores

2022

Key: ██ Free (80–100) ██ Mostly Free (70–79.9) ██ Moderately Free (60–69.9) ██ Mostly Unfree (50–59.9) ██ Repressed (0–49.9)

Economic Freedom Index[30]
Country	Rank	Score	Change
Singapore	1	84.4	5.3
Switzerland	2	84.2	2.3
Ireland	3	82.0	0.6
New Zealand	4	80.6	3.3
Luxembourg	5	80.6	4.6
Taiwan	6	80.1	1.5
Estonia	7	80.0	1.8
Netherlands	8	79.5	2.7
Finland	9	78.3	2.2
Denmark	10	78.0	0.2
Sweden	11	77.9	3.2
Australia	12	77.7	4.7
Iceland	13	77.0	0.4
Norway	14	76.9	3.5
Canada	15	76.6	1.3
Germany	16	76.1	3.6
Lithuania	17	75.8	1.1
Latvia	18	74.8	2.5
South Korea	19	74.6	0.6
Chile	20	74.4	0.8
Czech Republic	21	74.4	0.6
Austria	22	73.8	0.1
Cyprus	23	72.9	1.5
United Kingdom	24	72.7	5.7
United States	25	72.1	2.7
Georgia	26	71.8	5.4
Malta	27	71.5	1.3
Barbados	28	71.3	6.3
Bulgaria	29	71.0	0.6
Mauritius	30	70.9	6.1
Portugal	31	70.8	3.3
Slovenia	32	70.5	2.2
United Arab Emirates	33	70.2	6.7
Uruguay	34	70.0	0.7
Japan	35	69.9	4.2
Slovakia	36	69.7	3.4
Belgium	37	69.6	0.5
The Bahamas	38	68.7	4.1
Poland	39	68.7	1.0
Samoa	40	68.3	6.4
Spain	41	68.2	1.7
Malaysia	42	68.1	6.3
Israel	43	68.0	5.8
Qatar	44	67.7	4.3
Croatia	45	67.6	4.0
Jamaica	46	67.4	1.6
Romania	47	67.1	2.4
Hungary	48	66.9	0.3
Cabo Verde	49	66.7	2.9
Albania	50	66.6	1.4
Peru	51	66.5	1.2
France	52	65.9	0.2
North Macedonia	53	65.7	2.9
Saint Vincent and the Grenadines	54	65.7	0.6
Costa Rica	55	65.4	1.2
Panama	56	65.4	0.8
Italy	57	65.4	0.5
Armenia	58	65.3	6.6
Serbia	59	65.2	2.0
Colombia	60	65.1	3.0
Botswana	61	64.8	2.8
Brunei Darussalam	62	64.8	1.8
Indonesia	63	64.4	2.5
Kazakhstan	64	64.4	6.7
Saint Lucia	65	64.3	3.2
Mongolia	66	63.9	1.5
Mexico	67	63.7	1.8
Bosnia and Herzegovina	68	63.4	0.5
Guatemala	69	63.2	0.8
Thailand	70	63.2	6.5
Dominican Republic	71	63.0	0.9
Vanuatu	72	62.9	2.4
Paraguay	73	62.9	0.3
Bahrain	74	62.0	7.9
Azerbaijan	75	61.6	8.5
Ivory Coast	76	61.6	0.1
Greece	77	61.5	0.6
Moldova	78	61.3	1.2
Seychelles	79	61.1	5.2
Philippines	80	61.1	3.0
Benin	81	61.0	1.4
Micronesia	82	61.0	10.6
Tonga	83	60.8	3.3
Vietnam	84	60.6	1.1
São Tomé and Príncipe	85	60.3	4.4
Kosovo	86	60.1	6.4
Jordan	87	60.1	4.5
Senegal	88	60.0	2.0
Ghana	89	59.8	0.6
El Salvador	90	59.6	1.4
Guyana	91	59.5	2.1
Honduras	92	59.5	0.3
Tanzania	93	59.5	1.8
Bhutan	94	59.3	1.0
Namibia	95	59.2	3.4
Kiribati	96	59.2	14.8
Morocco	97	59.2	4.1
Madagascar	98	58.9	1.2
Trinidad and Tobago	99	58.8	0.2
Burkina Faso	100	58.3	1.8
Kuwait	101	58.3	5.8
The Gambia	102	58.0	0.8
Montenegro	103	57.8	5.6
Togo	104	57.2	0.3
Rwanda	105	57.1	11.2
Cambodia	106	57.1	0.2
Turkey	107	56.9	7.1
Oman	108	56.6	8.0
Belize	109	56.6	0.9
Solomon Islands	110	56.5	0.0
Fiji	111	56.4	5.8
South Africa	112	56.2	3.5
Russia	113	56.1	5.4
Mali	114	55.9	0.3
Gabon	115	55.8	2.3
Kyrgyzstan	116	55.8	7.9
Uzbekistan	117	55.7	2.6
Saudi Arabia	118	55.5	10.5
Mauritania	119	55.3	0.8
Djibouti	120	55.3	0.9
Niger	121	54.9	2.4
Nicaragua	122	54.8	1.5
Papua New Guinea	123	54.6	4.3
Nigeria	124	54.4	4.3
Dominica	125	54.4	1.4
Ecuador	126	54.3	1.9
Uganda	127	54.2	4.4
Tunisia	128	54.2	2.4
Guinea	129	54.2	2.3
Ukraine	130	54.1	2.1
India	131	53.9	2.6
Sri Lanka	132	53.3	2.4
Brazil	133	53.3	0.1
Malawi	134	53.0	0.0
Belarus	135	53.0	8.0
Cameroon	136	52.9	0.5
Bangladesh	137	52.7	3.8
Kenya	138	52.6	2.3
Angola	139	52.6	1.6
Sierra Leone	140	52.0	0.3
Eswatini	141	51.4	3.7
Mozambique	142	51.3	0.3
Comoros	143	50.4	5.3
Argentina	144	50.1	2.6
Haiti	145	50.0	0.8
Chad	146	49.8	0.6
Tajikistan	147	49.7	5.5
Nepal	148	49.7	1.0
Myanmar	149	49.6	5.6
Ethiopia	150	49.6	2.1
Laos	151	49.2	4.7
Egypt	152	49.1	6.6
Pakistan	153	48.8	2.9
Zambia	154	48.7	1.7
Republic of the Congo	155	48.5	2.2
Suriname	156	48.1	1.7
Lesotho	157	48.1	5.4
China	158	48.0	10.4
Liberia	159	47.9	1.3
Congo-Kinshasa	160	47.6	1.4
Maldives	161	47.3	7.9
Lebanon	162	47.3	4.1
Equatorial Guinea	163	47.2	2.0
Timor-Leste	164	46.3	1.6
Turkmenistan	165	46.2	1.2
Guinea-Bissau	166	46.0	8.9
Algeria	167	45.8	3.9
Central African Republic	168	45.7	3.1
Bolivia	169	43.0	0.3
Iran	170	42.4	4.8
Eritrea	171	39.7	2.6
Burundi	172	39.4	10.5
Zimbabwe	173	33.1	6.4
Sudan	174	32.0	7.1
Cuba	175	29.5	1.4
Venezuela	176	24.8	0.1
North Korea	177	3.0	2.2

Not ranked

Afghanistan
Andorra
Antigua and Barbuda
Grenada
Hong Kong (Since 2021, counted in PRC China)
Iraq
Libya
Liechtenstein
Macau (Since 2021, counted in PRC China)
Marshall Islands
Monaco
Nauru
Palau
Saint Kitts and Nevis
San Marino
Somalia
South Sudan
Syria
Tuvalu
Vatican City
Yemen

2013–2020

Key: ██ Free (80–100) ██ Mostly Free (70.0–79.9) ██ Moderately Free (60.0–69.9) ██ Mostly Unfree (50.0–59.9) ██ Repressed (0–49.9)

	2020[31]			2019[32]			2018[33]			2017[34]			2016[35]			2015[36]			2014[37]			2013[38]
Country	Rank	Score	Change in Yearly Score from 2019	Rank	Score	Change in Yearly Score from 2018	Rank	Score	Change in Yearly Score from 2017	Rank	Score	Change in Yearly Score from 2016	Rank	Score	Change in Yearly Score from 2015	Rank	Score	Change in Yearly Score from 2014	Rank	Score	Change in Yearly Score from 2013	Rank	Score
Singapore	1	89.4	0.0	2	89.4	0.6	2	88.8	0.2	2	88.6	0.8	2	87.8	-1.6	2	89.4	0.0	2	89.4	1.4	2	88.0
New Zealand	3	84.1	-0.3	3	84.4	0.2	3	84.2	0.5	3	83.7	2.1	3	81.6	-0.5	3	82.1	0.9	5	81.2	-0.2	4	81.4
Switzerland	5	82.0	0.1	4	81.9	0.2	4	81.7	0.2	4	81.5	0.5	4	81.0	0.5	5	80.5	-1.1	4	81.6	0.6	5	81.0
Australia	4	82.6	1.7	5	80.9	0.0	5	80.9	-0.1	5	81.0	0.7	5	80.3	-1.1	4	81.4	-0.6	3	82.0	-0.6	3	82.6
Estonia	10	77.7	1.1	15	76.6	-2.2	7	78.8	-0.3	6	79.1	1.9	9	77.2	0.4	8	76.8	0.9	11	75.9	0.6	13	75.3
Canada	9	78.2	0.5	8	77.7	0.0	9	77.7	-0.8	7	78.5	0.5	6	78	-1.1	6	79.1	-1.1	6	80.2	0.8	6	79.4
United Arab Emirates	18	76.2	-1.4	9	77.6	0.0	10	77.6	0.7	8	76.9	4.3	25	72.6	0.2	25	72.4	1.0	28	71.4	0.3	28	71.1
Ireland	6	80.9	0.4	6	80.5	0.1	6	80.4	3.7	9	76.7	-0.6	8	77.3	0.7	9	76.6	0.4	9	76.2	0.5	11	75.7
Chile	15	76.8	1.4	18	75.4	0.2	20	75.2	-1.3	10	76.5	-1.2	7	77.7	-0.8	7	78.5	-0.2	7	78.7	-0.3	7	79.0
Taiwan	11	77.1	-0.2	10	77.3	0.7	13	76.6	0.1	11	76.5	1.8	14	74.7	-0.4	14	75.1	1.2	17	73.9	1.2	20	72.7
United Kingdom	7	79.3	0.4	7	78.9	0.9	8	78.0	1.6	12	76.4	0.0	10	76.4	0.6	13	75.8	0.9	14	74.9	0.1	14	74.8
Georgia	12	77.1	1.2	16	75.9	-0.3	16	76.2	0.2	13	76.0	3.4	23	72.6	0.4	22	73.0	0.4	22	72.6	0.4	21	72.2
Luxembourg	19	75.8	-0.1	17	75.9	-0.5	14	76.4	0.5	14	75.9	2.0	19	73.9	0.7	21	73.2	-1.0	16	74.2	0.0	15	74.2
Netherlands	14	77.0	0.2	13	76.8	0.6	17	76.2	0.4	15	75.8	1.2	16	74.6	0.9	17	73.7	-0.5	15	74.2	0.7	17	73.5
Lithuania	16	76.7	2.5	21	74.2	-1.1	19	75.3	-0.5	16	75.8	0.6	13	75.2	0.5	15	74.7	1.7	21	73.0	0.9	22	72.1
United States	17	76.6	-0.2	12	76.8	1.1	18	75.7	0.6	17	75.1	-0.3	11	75.4	-0.8	12	76.2	0.7	12	75.5	-0.5	10	76.0
Denmark	8	78.3	1.6	14	76.7	0.1	12	76.6	1.5	18	75.1	-0.2	12	75.3	-1.0	11	76.3	0.2	10	76.1	0.0	9	76.1
Sweden	22	74.9	-0.3	19	75.2	-1.1	15	76.3	1.4	19	74.9	2.9	26	72.0	-0.7	23	72.7	-0.4	20	73.1	0.2	18	72.9
Latvia	32	71.9	1.5	35	70.4	-3.2	28	73.6	-1.2	20	74.8	4.4	36	70.4	0.7	37	69.7	1.0	42	68.7	2.2	55	66.5
Mauritius	21	74.9	1.9	25	73.0	-2.1	21	75.1	0.4	21	74.7	0.0	15	74.7	-1.7	10	76.4	-0.1	8	76.5	-0.4	8	76.9
Iceland	13	77.1	0.0	11	77.1	0.1	11	77.0	2.6	22	74.4	1.1	20	73.3	1.3	26	72.0	-0.4	23	72.4	0.3	23	72.1
South Korea	25	74.0	1.7	29	72.3	-1.5	27	73.8	-0.5	23	74.3	2.6	27	71.7	0.2	29	71.5	0.3	31	71.2	0.9	34	70.3
Finland	20	75.7	0.8	20	74.9	0.8	26	74.1	0.1	24	74.0	1.4	24	72.6	-0.8	19	73.4	0.0	19	73.4	-0.6	16	74.0
Norway	28	73.4	0.4	26	73.0	-1.3	23	74.3	0.3	25	74.0	3.2	32	70.8	-1.0	27	71.8	0.9	32	70.9	0.4	31	70.5
Germany	27	73.5	0.0	24	73.5	-0.7	25	74.2	0.4	26	73.8	-0.6	17	74.4	0.6	16	73.8	0.4	18	73.4	0.6	19	72.8
Malaysia	24	74.7	0.7	22	74.0	-0.5	22	74.5	0.7	27	73.8	2.3	29	71.5	0.7	31	70.8	1.2	37	69.6	3.5	56	66.1
Czech Republic	23	74.8	1.1	23	73.7	-0.5	24	74.2	0.9	28	73.3	0.1	21	73.2	0.7	24	72.5	0.3	26	72.2	1.3	29	70.9
Qatar	31	72.3	-0.3	28	72.6	0.0	29	72.6	-0.5	29	73.1	2.4	34	70.7	-0.1	32	70.8	-0.4	30	71.2	-0.1	27	71.3
Austria	29	73.3	1.3	31	72.0	0.2	32	71.8	-0.5	30	72.3	0.6	28	71.7	0.5	30	71.2	-1.2	24	72.4	0.6	25	71.8
North Macedonia	41	69.5	-1.6	33	71.1	-0.2	33	71.3	0.6	31	70.7	3.2	47	67.5	0.4	53	67.1	-1.5	43	68.6	0.4	43	68.2
Armenia	34	70.6	2.9	47	67.7	-1.0	44	68.7	-1.6	33	70.3	3.3	54	67.0	-0.1	52	67.1	-1.8	41	68.9	-0.5	38	69.4
Botswana	40	69.6	0.1	36	69.5	-0.4	35	69.9	-0.2	34	71.1	-1.0	30	71.1	1.3	36	69.8	-2.2	27	72	1.4	30	70.6
Brunei	61	66.6	1.5	63	65.1	0.9	70	64.2	-5.6	35	69.8	2.5	51	67.3	-1.6	39	68.9	-0.1	40	69.0	-	-	-
Israel	26	74.0	1.2	27	72.8	0.6	31	72.2	2.5	36	69.7	-1.0	35	70.7	0.2	33	70.5	2.1	44	68.4	1.5	51	66.9
Colombia	45	69.2	1.9	49	67.3	-1.6	42	68.9	-0.8	37	69.7	-1.1	33	70.8	-0.9	28	71.7	1.0	34	70.7	1.1	37	69.6
Uruguay	47	69.1	0.5	40	68.6	-0.6	38	69.2	-0.5	38	69.7	0.9	41	68.8	0.2	43	68.6	-0.7	38	69.3	-0.4	36	69.7
Romania	38	69.7	1.1	42	68.6	-0.8	37	69.4	-0.3	39	69.7	4.1	61	65.6	-1.0	57	66.6	1.1	62	65.5	0.4	59	65.1
Japan	30	73.3	1.2	30	72.1	-0.2	30	72.3	2.7	40	69.6	-3.5	22	73.1	-0.2	20	73.3	0.9	25	72.4	0.6	24	71.8
Jamaica	49	68.5	-0.1	39	68.6	-0.5	40	69.1	-0.4	41	69.5	2.0	48	67.5	-0.2	48	67.7	1.0	56	66.7	-0.1	52	66.8
Kazakhstan	39	69.6	4.2	59	65.4	-3.7	41	69.1	0.1	42	69.0	5.4	68	63.6	0.3	69	63.3	-0.4	67	63.7	0.7	68	63.0
Peru	51	67.9	0.1	45	67.8	-0.9	43	68.7	-0.2	43	68.9	1.5	49	67.4	-0.3	47	67.7	0.3	47	67.4	-0.8	44	68.2
Bahrain	63	66.3	-0.1	54	66.4	-1.3	50	67.7	-0.8	44	68.5	-5.8	18	74.3	0.9	18	73.4	-1.7	13	75.1	-0.4	12	75.5
Poland	46	69.1	1.3	46	67.8	-0.7	45	68.5	0.2	45	68.3	-1.0	39	69.3	0.7	42	68.6	1.6	50	67.0	1.0	57	66.0
Kosovo	53	67.4	0.4	51	67.0	0.4	56	66.6	-1.3	46	67.9	6.5	84	61.4	-	-	-	-	-	-	-	-	-
Bulgaria	36	70.2	1.2	37	69.0	0.7	47	68.3	0.4	47	67.9	2.0	60	65.9	-0.9	55	66.8	1.1	61	65.7	0.7	60	65.0
Cyprus	37	70.1	2.0	44	68.1	0.3	48	67.8	-0.1	48	67.9	-0.8	42	68.7	0.8	45	67.9	0.3	46	67.6	-1.4	41	69.0
Belgium	48	68.9	1.6	48	67.3	-0.2	52	67.5	-0.3	49	67.8	-0.6	44	68.4	-0.4	40	68.8	-1.1	35	69.9	0.7	40	69.2
Malta	42	69.5	0.9	41	68.6	0.1	46	68.5	0.8	50	67.7	1.0	55	66.7	0.2	58	66.5	0.1	58	66.4	-1.1	47	67.5
Rwanda	33	70.9	-0.2	32	71.1	2.0	39	69.1	1.5	51	67.6	4.5	71	63.1	-1.7	65	64.8	0.1	65	64.7	0.6	63	64.1
Vanuatu	98	60.7	4.3	116	56.4	-13.1	36	69.5	2.1	52	67.4	6.6	89	60.8	-0.3	84	61.1	1.6	93	59.5	2.9	109	56.6
Jordan	66	66.0	-0.5	53	66.5	1.6	62	64.9	-1.8	53	66.7	-1.6	46	68.3	-1.0	38	69.3	0.1	39	69.2	-1.2	33	70.4
Panama	55	67.2	0.0	50	67.2	0.2	54	67.0	0.7	54	66.3	1.5	66	64.8	0.7	68	64.1	0.7	71	63.4	0.9	71	62.5
Thailand	43	69.4	1.1	43	68.3	1.2	53	67.1	0.9	55	66.2	2.3	67	63.9	1.5	75	62.4	-0.9	72	63.3	-0.8	61	64.1
Hungary	62	66.4	1.4	64	65.0	-1.7	55	66.7	0.9	56	65.8	-0.2	58	66.0	-0.8	54	66.8	-0.2	51	67.0	-0.3	48	67.3
Slovakia	60	66.8	1.8	65	65.0	-0.3	59	65.3	-0.4	57	65.7	-0.9	56	66.6	-0.6	50	67.2	0.8	57	66.4	-2.3	42	68.7
Philippines	70	64.5	0.7	70	63.8	-1.2	61	65.0	-0.6	58	65.6	2.5	70	63.1	0.9	76	62.2	2.1	89	60.1	1.9	97	58.2
Saint Vincent and the Grenadines	59	66.8	1.0	55	65.8	-1.9	49	67.7	2.5	59	65.2	-3.6	40	68.8	0.8	44	68.0	1.0	52	67.0	0.3	54	66.7
Turkey	71	64.4	-0.2	68	64.6	-0.8	58	65.4	0.2	60	65.2	3.1	79	62.1	-1.1	70	63.2	-1.7	64	64.9	2.0	69	62.9
Kuwait	79	63.2	2.4	90	60.8	-1.4	81	62.2	-2.9	61	65.1	2.4	74	62.7	0.2	74	62.5	0.2	76	62.3	-0.8	66	63.1
Saint Lucia	50	68.2	-0.5	38	68.7	1.1	51	67.6	2.6	62	65.0	-5.0	38	70.0	-0.2	35	70.2	-0.5	33	70.7	0.3	32	70.4
Costa Rica	68	65.8	0.5	61	65.3	-0.3	57	65.6	0.6	63	65.0	-2.4	50	67.4	0.2	51	67.2	0.3	53	66.9	-0.1	49	67.0
Saudi Arabia	83	62.4	1.7	91	60.7	1.1	98	59.6	-4.8	64	64.4	2.3	78	62.1	0.0	77	62.1	-0.1	77	62.2	1.6	82	60.6
Albania	57	66.9	0.4	52	66.5	2.0	65	64.5	0.1	65	64.4	-1.5	59	65.9	0.2	63	65.7	-1.2	54	66.9	1.7	58	65.2
El Salvador	90	61.6	-0.2	84	61.8	-1.4	75	63.2	-0.9	66	64.1	-1.0	63	65.1	-0.6	62	65.7	-0.5	59	66.2	-0.5	53	66.7
Dominica	97	60.8	-2.8	72	63.6	-0.9	66	64.5	0.8	67	63.7	-3.3	53	67.0	0.9	61	66.1	0.9	63	65.2	1.3	64	63.9
Azerbaijan	44	69.3	3.9	60	65.4	1.1	67	64.3	0.7	68	63.6	3.4	91	60.2	-0.8	85	61.0	-0.3	81	61.3	1.6	88	59.7	-
Spain	58	66.9	1.2	57	65.7	0.6	60	65.1	1.5	69	63.6	-4.9	43	68.5	0.9	49	67.6	0.4	49	67.2	-0.8	46	68.0 \|
Mexico	67	66.0	1.3	66	64.7	-0.1	63	64.8	1.2	70	63.6	-1.6	62	65.2	-1.2	59	66.4	-0.4	55	66.8	-0.2	50	67.0	-
Fiji	77	63.4	1.2	81	62.2	0.2	84	62.0	-1.4	71	63.4	4.6	107	58.8	-0.2	98	59.0	0.3	99	58.7	1.5	105	57.2	-
France	64	66.0	2.2	71	63.8	-0.1	71	63.9	0.6	72	63.3	1.0	75	62.3	-0.2	73	62.5	-1.0	70	63.5	-0.6	62	64.1	-
Tonga	107	58.8	1.1	108	57.7	-5.4	76	63.1	0.1	73	63.0	3.4	95	59.6	0.3	95	59.3	1.1	104	58.2	2.2	112	56.0	-
Guatemala	73	64.0	1.4	77	62.6	-0.8	73	63.4	0.4	74	63.0	1.2	82	61.8	1.4	87	60.4	-0.8	83	61.2	1.2	85	60.0	-
Ivory Coast	101	59.7	-2.7	78	62.4	0.4	85	62.0	-1.0	75	63.0	3.0	92	60.0	1.5	103	58.5	0.8	107	57.7	3.6	126	54.1	-
Dominican Republic	95	60.9	-0.1	89	61.0	-0.6	89	61.6	-1.3	76	62.9	1.9	88	61.0	0.0	86	61.0	-0.3	80	61.3	1.6	87	59.7	-
Portugal	56	67.0	1.7	62	65.3	1.9	72	63.4	0.8	77	62.6	-2.5	64	65.1	-0.2	64	65.3	1.8	69	63.5	0.4	67	63.1	-
Namibia	96	60.9	2.2	99	58.7	0.2	103	58.5	-4.0	78	62.5	0.6	81	61.9	2.3	93	59.6	0.2	94	59.4	-0.9	84	60.3	-
Italy	74	63.8	1.6	80	62.2	-0.3	79	62.5	0.0	79	62.5	1.3	86	61.2	-0.5	80	61.7	0.8	86	60.9	0.3	83	60.6	-
Paraguay	80	63.0	1.2	85	61.8	-0.3	82	62.1	-0.3	80	62.4	0.9	83	61.5	0.4	83	61.1	-0.9	78	62.0	0.9	80	61.1	-
South Africa	106	58.8	0.5	102	58.3	-4.7	77	63.0	0.7	81	62.3	0.4	80	61.9	-0.7	72	62.6	0.1	75	62.5	0.7	74	61.8	-
Oman	75	63.6	2.6	88	61.0	0.0	93	61.0	-1.1	82	62.1	-5.0	52	67.1	0.4	56	66.7	-0.7	48	67.4	-0.7	45	68.1	-
Montenegro	91	61.5	1.0	92	60.5	-3.8	68	64.3	2.3	83	62.0	-2.9	65	64.9	0.2	66	64.7	1.1	68	63.6	1.0	70	62.6	-
Indonesia	54	67.2	1.4	56	65.8	1.6	69	64.2	2.3	84	61.9	2.5	99	59.4	1.3	105	58.1	-0.4	100	58.5	1.6	108	56.9	-
Seychelles	72	64.3	2.9	87	61.4	-0.2	88	61.6	-0.2	85	61.8	-0.4	76	62.2	4.7	114	57.5	1.3	117	56.2	1.3	124	54.9	-
Morocco	78	63.3	0.4	75	62.9	1.0	86	61.9	0.4	86	61.5	0.2	85	61.3	1.2	89	60.1	1.8	103	58.3	-1.3	90	59.6	-
Trinidad and Tobago	109	58.3	1.3	112	57.0	-0.7	112	57.7	-3.5	87	61.2	-1.7	73	62.9	-1.2	67	64.1	1.4	73	62.7	0.4	72	62.3	-
Eswatini	131	55.3	0.6	132	54.7	-1.2	123	55.9	-5.2	88	61.1	1.4	94	59.7	-0.2	91	59.9	-1.3	82	61.2	4.0	104	57.2	-
Kyrgyzstan	81	62.9	0.6	79	62.3	-0.5	78	62.8	1.7	89	61.1	1.5	96	59.6	-1.7	82	61.3	0.2	85	61.1	1.5	89	59.6	-
Bahamas	69	64.5	1.6	76	62.9	-0.4	74	63.3	2.2	90	61.1	-9.8	31	70.9	2.2	41	68.7	-1.1	36	69.8	-0.3	35	70.1	-
Uganda	102	59.5	-0.2	95	59.7	-2.3	83	62.0	1.1	91	60.9	1.6	102	59.3	-0.4	92	59.7	-0.2	91	59.9	-1.2	79	61.1	-
Bosnia and Herzegovina	82	62.6	0.7	83	61.9	0.5	91	61.4	1.2	92	60.2	1.6	108	58.6	-0.4	97	59.0	0.6	101	58.4	1.1	103	57.3	-
Burkina Faso	117	56.7	-2.7	96	59.4	-0.6	95	60.0	0.4	93	59.6	0.5	104	59.1	0.5	102	58.6	-0.3	98	58.9	-1.0	86	59.9	-
Cambodia	113	57.3	-0.5	105	57.8	-0.9	101	58.7	-0.8	94	59.5	1.6	112	57.9	0.4	110	57.5	0.1	108	57.4	-1.1	95	58.5	-
Croatia	84	62.2	0.8	86	61.4	0.4	92	61.0	1.6	95	59.4	0.3	103	59.1	-2.4	81	61.5	1.1	87	60.4	-0.9	78	61.3	-
Benin	133	55.2	-0.1	127	55.3	-1.4	120	56.7	-2.5	96	59.2	-0.1	101	59.3	0.5	99	58.8	1.7	113	57.1	-0.5	101	57.6	-
Slovenia	52	67.8	2.3	58	65.5	0.7	64	64.8	5.6	97	59.2	-1.4	90	60.6	0.3	88	60.3	-2.4	74	62.7	1.0	76	61.7	-
Nicaragua	115	57.2	-0.5	107	57.7	-1.2	100	58.9	-0.3	98	59.2	0.6	109	58.6	1.0	108	57.6	-0.8	102	58.4	1.8	110	56.6	-
Serbia	65	66.0	2.1	69	63.9	1.4	80	62.5	3.6	99	58.9	-3.2	77	62.1	2.1	90	60.0	0.6	95	59.4	0.8	94	58.6	-
Honduras	93	61.1	0.9	93	60.2	-0.4	94	60.6	1.8	100	58.8	1.1	113	57.7	0.3	116	57.4	0.3	112	57.1	-1.3	96	58.4	-
Belize	111	57.4	2.0	123	55.4	-1.7	116	57.1	-1.5	101	58.6	1.2	118	57.4	0.6	117	56.8	0.1	115	56.7	-0.6	102	57.3	-
Mali	126	55.9	-2.2	103	58.1	0.5	113	57.6	-1.0	102	58.6	2.1	121	56.5	0.1	119	56.4	0.9	122	55.5	-0.9	111	56.4	-
Gabon	118	56.7	0.4	118	56.3	-1.7	109	58.0	-0.6	103	58.6	-0.4	105	59.0	0.7	104	58.3	0.5	105	57.8	0.0	99	57.8	-
Belarus	88	61.7	3.8	104	57.9	-0.2	108	58.1	-0.5	104	58.6	9.8	157	48.8	-1.0	153	49.8	-0.3	150	50.1	2.1	154	48.0	-
Tanzania	89	61.7	1.5	94	60.2	0.3	97	59.9	1.3	105	58.6	0.1	110	58.5	1.0	109	57.5	-0.3	106	57.8	-0.1	98	57.9	-
Guyana	124	56.2	-0.6	113	56.8	-1.9	102	58.7	0.2	106	58.5	3.1	127	55.4	-0.1	123	55.5	-0.2	121	55.7	1.9	129	53.8	-
Bhutan	85	62.1	-0.8	74	62.9	1.1	87	61.8	3.4	107	58.4	-1.1	97	59.5	2.1	115	57.4	0.7	116	56.7	1.7	122	55.0	-
Samoa	86	62.1	-0.1	82	62.2	0.7	90	61.5	3.1	108	58.4	-5.1	69	63.5	1.6	78	61.9	0.8	84	61.1	4.0	106	57.1	-
Tajikistan	155	52.2	-3.4	122	55.6	-2.7	106	58.3	0.1	109	58.2	6.9	149	51.3	-1.4	140	52.7	0.7	139	52.0	-1.4	131	53.4	-
Moldova	87	62.0	2.9	97	59.1	0.7	105	58.4	0.4	110	58.0	0.6	117	57.4	-0.1	111	57.5	0.2	110	57.3	1.8	115	55.5	-
China	103	59.5	1.1	100	58.4	0.6	110	57.8	0.4	111	57.4	5.4	144	52.0	-0.7	139	52.7	0.2	137	52.5	0.6	136	51.9	-
Sri Lanka	112	57.4	1.0	115	56.4	-1.4	111	57.8	0.4	112	57.4	-2.5	93	59.9	1.3	101	58.6	-1.4	90	60.0	-0.7	81	60.7	-
Madagascar	99	60.5	3.9	114	56.6	-0.2	119	56.8	-0.6	113	57.4	-3.7	87	61.1	-0.6	79	61.7	0.0	79	61.7	-0.3	73	62.0	-
Russia	94	61.0	2.1	98	58.9	0.7	107	58.2	1.1	114	57.1	6.5	153	50.6	-1.5	143	52.1	0.2	140	51.9	0.8	139	51.1	-
Nigeria	116	57.2	-0.1	111	57.3	-1.2	104	58.5	1.4	115	57.1	-0.4	116	57.5	1.9	120	55.6	1.3	129	54.3	-0.8	120	55.1	-
Cape Verde	76	63.6	0.5	73	63.1	3.1	96	60.0	3.1	116	56.9	-9.6	57	66.5	0.1	60	66.4	0.3	60	66.1	2.4	65	63.7	-
Democratic Republic of the Congo	162	49.5	-0.8	157	50.3	-1.8	147	52.1	-4.3	117	56.4	10.0	163	46.4	1.4	168	45.0	4.4	172	40.6	1.0	171	39.6	-
Ghana	104	59.4	1.9	109	57.5	1.5	122	56.0	-0.2	118	56.2	-6.8	72	63.0	0.0	71	63.0	-1.2	66	64.2	2.9	77	61.3	-
Guinea-Bissau	148	53.3	-0.7	135	54.0	-2.9	118	56.9	0.8	119	56.1	4.3	145	51.8	-0.2	145	52.0	0.7	143	51.3	0.2	138	51.1	-
Senegal	110	58.0	1.7	117	56.3	0.6	126	55.7	-0.2	120	55.9	-2.2	111	58.1	0.3	106	57.8	2.4	125	55.4	-0.1	116	55.5	-
Comoros	143	53.7	-1.7	124	55.4	-0.8	121	56.2	0.4	121	55.8	3.4	141	52.4	0.3	142	52.1	0.7	142	51.4	3.9	157	47.5	-
Zambia	147	53.5	-0.1	138	53.6	-0.7	132	54.3	-1.5	122	55.8	-3.0	106	58.8	0.1	100	58.7	-1.7	88	60.4	1.7	93	58.7	-
Tunisia	128	55.8	0.4	125	55.4	-3.5	99	58.9	3.2	123	55.7	-1.9	114	57.6	-0.1	107	57.7	0.4	109	57.3	0.3	107	57.0	-
São Tomé and Príncipe	125	56.2	2.2	134	54.0	0.4	137	53.6	-1.8	124	55.4	-1.3	120	56.7	3.4	136	53.3	4.5	157	48.8	0.8	153	48.0	-
Nepal	139	54.2	0.4	136	53.8	-0.3	133	54.1	-1.0	125	55.1	4.2	151	50.9	-0.4	152	51.3	1.2	149	50.1	-0.3	141	50.4	-
Solomon Islands	150	52.9	-1.7	133	54.6	-2.9	114	57.5	2.5	126	55.0	8.0	161	47.0	0.0	159	47.0	0.8	165	46.2	1.2	165	45.0	-
Greece	100	59.9	2.2	106	57.7	0.4	115	57.3	2.3	127	55.0	1.8	138	53.2	-0.8	130	54.0	-1.7	119	55.7	0.3	117	55.4	-
Bangladesh	122	56.4	0.8	121	55.6	0.5	128	55.1	0.1	128	55.0	1.7	137	53.3	-0.6	131	53.9	-0.2	131	54.1	1.5	132	52.6	-
Mongolia	127	55.9	0.5	126	55.4	-0.3	125	55.7	0.9	129	54.8	-4.6	100	59.4	0.2	96	59.2	0.3	97	58.9	-2.8	75	61.7	-
Barbados	92	61.4	-3.3	67	64.7	7.7	117	57.0	2.5	130	54.5	-13.8	45	68.3	0.4	46	67.9	-0.4	45	68.3	-1.0	39	69.3	-
Mauritania	130	55.3	-0.4	119	55.7	1.7	134	54.0	-0.4	131	54.4	-0.4	128	54.8	1.5	135	53.3	0.1	134	53.2	0.9	134	52.3	-
Federated States of Micronesia	156	52.0	0.1	149	51.9	-0.4	143	52.3	-1.8	132	54.1	2.3	147	51.8	2.2	154	49.6	-0.2	153	49.8	-0.3	143	50.1	-
Laos	129	55.5	-1.9	110	57.4	3.8	138	53.6	-0.4	133	54.0	4.2	155	49.8	-1.6	150	51.4	0.2	144	51.2	1.1	144	50.1	-
Lesotho	138	54.5	1.4	142	53.1	-0.8	136	53.9	0.0	134	53.9	3.3	152	50.6	1.0	155	49.6	0.1	154	49.5	1.6	155	47.9	-
Kenya	132	55.3	0.2	130	55.1	0.4	129	54.7	1.2	135	53.5	-4.0	115	57.5	1.9	122	55.6	-1.5	111	57.1	1.2	114	55.9	-
Gambia	123	56.3	3.9	146	52.4	0.1	145	52.3	-1.1	136	53.4	-3.7	119	57.1	-0.4	113	57.5	-2.0	92	59.5	0.7	92	58.8	-
Lebanon	157	51.7	0.6	154	51.1	-2.1	140	53.2	-0.1	137	53.3	-6.2	98	59.5	0.2	94	59.3	-0.1	96	59.4	-0.1	91	59.5	-
Togo	140	54.1	3.8	158	50.3	2.5	168	47.8	-5.4	138	53.2	-0.4	135	53.6	0.1	138	53.0	3.1	152	49.9	1.1	150	48.8	-
Burundi	166	49.0	0.1	162	48.9	-2.0	157	50.9	-2.3	139	53.2	-0.7	133	53.9	0.2	132	53.7	2.3	141	51.4	2.4	148	49.0	-
Brazil	144	53.7	1.8	150	51.9	0.5	153	51.4	-1.5	140	52.9	-3.6	122	56.5	-0.1	118	56.6	-0.3	114	56.9	-0.8	100	57.7	-
Pakistan	135	54.8	-0.2	131	55.0	0.6	131	54.4	1.6	141	52.8	-3.1	126	55.9	0.3	121	55.6	0.4	126	55.2	0.1	121	55.1	-
Ethiopia	146	53.6	0.0	137	53.6	0.8	142	52.8	0.1	142	52.7	1.2	148	51.5	0.0	149	51.5	1.5	151	50.0	0.6	146	49.4	-
India	120	56.5	1.3	129	55.2	0.7	130	54.5	1.9	143	52.6	-3.6	123	56.2	1.6	128	54.6	-1.1	120	55.7	0.5	119	55.2	-
Egypt	142	54.0	1.5	144	52.5	-0.9	139	53.4	0.8	144	52.6	-3.4	125	56.0	0.8	124	55.2	2.3	135	52.9	-1.9	125	54.8	-
Sierra Leone	168	48.0	0.5	167	47.5	-4.3	151	51.8	-0.8	145	52.6	0.3	142	52.3	0.6	147	51.7	1.2	148	50.5	2.2	151	48.3	-
Myanmar	141	54.0	0.4	139	53.6	-0.3	135	53.9	1.4	146	52.5	3.8	158	48.7	1.8	161	46.9	0.4	162	46.5	7.3	172	39.2	-
Vietnam	105	58.8	3.5	128	55.3	2.2	141	53.1	0.7	147	52.4	-1.6	131	54.0	2.3	148	51.7	0.9	147	50.8	-0.2	140	51.0	-
Uzbekistan	114	57.2	3.9	140	53.3	1.8	152	51.5	-0.8	148	52.3	6.3	166	46.0	-1.0	160	47.0	0.5	163	46.5	0.5	162	46.0	-
Malawi	152	52.8	1.4	153	51.4	-0.6	148	52.0	-0.2	149	52.2	0.4	146	51.8	-3.0	126	54.8	-0.6	124	55.4	0.1	118	55.3	-
Cameroon	145	53.6	1.2	145	52.4	0.5	149	51.9	0.1	150	51.8	-2.4	130	54.2	2.3	146	51.9	-0.7	136	52.6	0.3	133	52.3	-
Central African Republic	159	50.7	1.6	161	49.1	-0.1	163	49.2	-2.6	151	51.8	6.6	168	45.2	-0.7	166	45.9	-0.8	161	46.7	-3.7	142	50.4	-
Papua New Guinea	108	58.4	0.0	101	58.4	2.7	127	55.7	4.8	152	50.9	-2.3	140	53.2	0.1	137	53.1	-0.8	132	53.9	0.3	130	53.6	-
Kiribati	172	45.2	-2.1	168	47.3	-3.5	159	50.8	-0.1	153	50.9	4.7	165	46.2	-0.2	164	46.4	0.1	164	46.3	0.4	163	45.9	-
Niger	137	54.7	3.1	151	51.6	2.1	160	49.5	-1.3	154	50.8	-3.5	129	54.3	-0.3	127	54.6	-0.5	127	55.1	1.2	128	53.9	-
Iran	164	49.2	-1.9	155	51.1	0.2	156	50.9	0.4	155	50.5	7.0	171	43.5	1.7	171	41.8	1.5	173	40.3	-2.9	168	43.2	-
Argentina	149	53.1	0.9	148	52.2	-0.1	144	52.3	1.9	156	50.4	6.6	169	43.8	-0.3	169	44.1	-0.5	166	44.6	-2.1	160	46.7	-
Maldives	119	56.5	3.3	141	53.2	2.1	155	51.1	0.8	157	50.3	-3.6	132	53.9	0.5	134	53.4	2.4	145	51.0	2.0	149	49.0	-
Mozambique	160	50.5	1.9	163	48.6	2.3	170	46.3	-3.6	158	49.9	-3.3	139	53.2	-1.6	125	54.8	-0.2	128	55.0	0	123	55.0	-
Haiti	153	52.3	-0.4	143	52.7	-3.1	124	55.8	6.2	159	49.6	-1.7	150	51.3	0.0	151	51.3	2.4	156	48.9	0.8	152	48.1	-
Ecuador	158	51.3	4.4	170	46.9	-1.6	165	48.5	-0.8	160	49.3	0.7	159	48.6	-0.6	156	49.2	1.2	159	48.0	1.1	159	46.9	-
Liberia	165	49.0	-0.7	160	49.7	-1.2	158	50.9	1.8	161	49.1	-3.1	143	52.2	-0.5	141	52.7	0.3	138	52.4	3.1	147	49.3	-
Chad	161	50.2	0.3	159	49.9	0.6	162	49.3	0.3	162	49.0	2.7	164	46.3	0.4	165	45.9	1.4	167	44.5	-0.7	164	45.2	-
Sudan	173	45.0	-2.7	166	47.7	-1.7	161	49.4	0.6	164	48.8	-	-	-	-	-	-	-	-	-	-	-	-	-
Angola	154	52.2	1.6	156	50.6	2.0	164	48.6	0.1	165	48.5	-0.4	156	48.9	1.0	158	47.9	0.2	160	47.7	0.4	158	47.3	-
Ukraine	134	54.9	2.6	147	52.3	0.4	150	51.9	3.8	166	48.1	1.3	162	46.8	-0.1	162	46.9	-2.4	155	49.3	3.0	161	46.3	-
Suriname	163	49.5	1.4	165	48.1	0.0	166	48.1	0.1	167	48.0	-5.8	134	53.8	-0.4	129	54.2	0.0	130	54.2	2.2	135	52.0	-
Bolivia	175	42.8	0.5	173	42.3	-1.8	173	44.1	-3.6	168	47.7	0.3	160	47.4	0.6	163	46.8	-1.6	158	48.4	0.5	156	47.9	-
Guinea	121	56.5	0.8	120	55.7	3.5	146	52.2	4.6	169	47.6	-5.7	136	53.3	1.2	144	52.1	-1.4	133	53.5	2.3	137	51.2	-
Turkmenistan	170	46.5	-1.9	164	48.4	1.3	169	47.1	-0.3	170	47.4	5.5	174	41.9	0.5	172	41.4	-0.8	171	42.2	-0.4	169	42.6	-
Djibouti	151	52.9	5.8	169	47.1	2.0	171	45.1	-1.6	171	46.7	-9.3	124	56.0	-1.5	112	57.5	1.6	118	55.9	2.0	127	53.9	-
Algeria	169	46.9	0.7	171	46.2	1.5	172	44.7	-1.8	172	46.5	-3.6	154	50.1	1.2	157	48.9	-1.9	146	50.8	1.2	145	49.6	-
Timor-Leste	171	45.9	1.7	172	44.2	-3.9	167	48.1	1.8	173	46.3	0.5	167	45.8	0.3	167	45.5	2.3	170	43.2	-0.5	166	43.7	-
Equatorial Guinea	167	48.3	7.3	174	41.0	-1.0	175	42.0	-3.0	174	45.0	1.3	170	43.7	3.3	173	40.4	-4.0	168	44.4	2.1	170	42.3	-
Zimbabwe	174	43.1	2.7	175	40.4	-3.6	174	44.0	0.0	175	44.0	5.8	175	38.2	0.6	175	37.6	2.1	176	35.5	6.9	175	28.6	-
Eritrea	177	38.5	-0.4	177	38.9	-2.8	176	41.7	-0.5	176	42.2	-0.5	173	42.7	3.8	174	38.9	0.4	174	38.5	2.2	173	36.3	-
Republic of the Congo	176	41.8	2.1	176	39.7	0.8	177	38.9	-1.1	177	40.0	-2.8	172	42.8	0.1	170	42.7	-1.0	169	43.7	0.2	167	43.5	-
Cuba	178	26.9	-0.9	178	27.8	-4.1	178	31.9	-2.0	178	33.9	4.1	177	29.8	0.2	177	29.6	0.9	177	28.7	0.2	176	28.5	-
Venezuela	179	25.2	-0.7	179	25.9	0.7	179	25.2	-1.8	179	27.0	-6.7	176	33.7	-0.6	176	34.3	-2.0	175	36.3	0.2	174	36.1	-
North Korea	180	4.2	-1.7	180	5.9	0.1	180	5.8	0.9	180	4.9	2.6	178	2.3	1.0	178	1.3	0.3	178	1.0	-0.5	177	1.5	-
Yemen	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133	53.7	-1.8	123	55.5	-0.4	113	55.9

2020 scores by aspects of economic freedom

Key: ██ Free (80–100) ██ Mostly Free (70.0–79.9) ██ Moderately Free (60.0–69.9) ██ Mostly Unfree (50.0–59.9) ██ Repressed (0–49.9)

Country Name	2020 Score	Property Rights	Judicial Effectiveness	Government Integrity	Tax Burden	Gov't Spending	Fiscal Health	Business Freedom	Labor Freedom	Monetary Freedom	Trade Freedom	Investment Freedom	Financial Freedom
Afghanistan	54.7	48.3	30.0	24.8	91.4	79.2	99.9	54.7	61.6	81	66.0	10	10
Albania	66.9	57.1	33.0	38.8	85.9	74.6	86.3	65.7	52.1	81.2	88.4	70	70
Algeria	46.9	37.9	35.0	28.3	75.4	52.6	17.3	63.0	50.5	76.2	66.2	30	30
Angola	52.2	36.9	14.3	15.1	87.3	85.7	71.9	57.7	61.1	59.6	66.2	30	40
Argentina	53.1	50.5	47.0	49.7	69.6	50.7	24.7	60.2	46.5	53.7	69.2	55	60
Armenia	70.6	60.7	54.1	43.4	84.9	80.6	68.8	81.0	72.5	76.0	80.6	75	70
Australia	82.6	82.8	86.1	89.3	63.0	61.6	91.8	87.8	84.0	86.2	88.2	80	90
Austria	73.3	87.3	73.2	84.0	51.3	27.2	87.9	73.0	68.3	81.0	86.4	90	70
Azerbaijan	69.3	67.1	53.9	38.7	88.0	63.0	99.2	80.8	66.2	69.8	74.6	70	60
Bahamas	64.5	54.9	46.4	46.0	96.8	87.4	69.2	69.0	70.0	76.3	47.8	50	60
Bahrain	66.3	70.6	48.4	51.0	99.4	66.1	2.6	70.5	71.1	81.1	79.4	75	80
Bangladesh	56.4	41.0	36.1	26.6	72.7	94.3	76.8	52.3	68.4	70.0	63.6	45	30
Barbados	61.4	56.6	36.1	44.0	73.6	69.2	63.1	69.4	60.0	77.9	56.6	70	60
Belarus	61.7	63.2	48.4	37.4	88.8	54.1	95.4	76.4	74.8	69.8	82.0	30	20
Belgium	68.9	84.5	62.5	80.2	46.7	17.2	77.0	75.2	61.1	80.5	86.4	85	70
Belize	57.4	44.4	46.4	33.5	79.5	66.3	53.9	60.9	54.3	80.4	64.2	55	50
Benin	55.2	41.3	36.4	29.6	69.0	84.2	46.6	58.0	53.7	84.3	49.4	60	50
Bhutan	62.1	69.9	46.4	51.2	82.9	71.1	74.8	68.2	79.4	71.6	79.4	20	30
Bolivia	42.8	20.1	11.2	23.1	86.3	54.2	14.2	58.3	52.9	69.9	67.8	15	40
Bosnia and Herzegovina	62.6	44.4	33.9	41.8	83.6	49.3	97.3	45.7	67.4	82.7	80.0	65	60
Botswana	69.6	60.9	45.2	46.4	87.0	69.1	97.5	69.3	68.2	73.6	82.8	65	70
Brazil	53.7	57.3	46.7	45.6	70.4	54.6	4.6	60.5	49.5	77.2	67.8	60	50
Brunei Darussalam	66.6	69.8	56.8	49.6	89.8	61.5	20.0	84.1	90.5	77.1	85.0	65	50
Bulgaria	70.2	64.2	45.4	44.2	90.3	66.1	99.2	62.6	68.1	85.7	86.4	70	60
Burkina Faso	56.7	46.9	42.6	34.1	81.3	77.0	49.2	47.6	52.1	82.4	61.8	65	40
Burma	54.0	32.5	14.3	31.5	86.6	87.5	84.6	53.1	59.9	77.5	70.8	30	20
Burundi	49.0	24.9	26.9	22.3	73.7	85.8	13.2	55.1	67.4	70.3	68.2	50	30
Cambodia	57.3	43.1	28.1	14.8	89.4	83.9	94.8	31.2	62.5	74.8	65.4	50	50
Cameroon	53.6	45.3	30.8	20.8	74.8	88.3	63.7	46.0	50.1	84.1	59.6	30	50
Canada	78.2	87.7	72.7	90.3	76.5	50.9	83.3	81.7	72.0	76.0	87.0	80	80
Cabo Verde	63.6	47.5	48.0	46.1	77.7	71.7	66.2	58.5	55.6	83.1	68.2	80	60
Central African Republic	50.7	38.1	31.7	24.3	65.5	93.5	95.3	24.3	40.4	73.3	47.2	45	30
Chad	50.2	32.4	27.4	15.1	45.8	93.5	95.6	26.8	43.0	76.1	47.2	60	40
Chile	76.8	69.9	61.1	73.4	76.4	80.8	90.5	75.0	64.7	85.2	89.0	85	70
China	59.5	60.9	76.3	46.0	70.4	67.9	67.5	76.8	64.4	71.1	72.4	20	20
Colombia	69.2	61.1	32.8	46.1	70.4	77.0	85.5	71.3	78.0	77.5	81.2	80	70
Comoros	53.7	43.1	31.7	23.8	63.6	73.6	85.0	47.8	60.3	81.7	59.2	45	30
Congo, Democratic Republic of the Congo	49.5	30.1	26.5	13.1	74.4	95.4	98.0	51.2	41.6	49.6	64.6	30	20
Congo, Republic of	41.8	40.7	30.0	23.1	63.3	56.2	0.6	37.5	35.3	83.2	56.8	45	30
Costa Rica	65.8	66.7	54.4	57.2	78.9	88.4	39.7	66.5	55.0	81.2	81.4	70	50
Côte d'Ivoire	59.7	48.5	33.0	25.5	77.8	82.5	66.9	62.3	49.2	75.7	69.4	75	50
Croatia	62.2	69.9	39.6	51.0	65.9	34.7	89.1	53.6	44.0	77.6	86.4	75	60
Cuba	26.9	20.1	10.0	38.7	49.5	0.0	14.8	20.0	20.0	64.1	65.6	10	10
Cyprus	70.1	77.4	50.5	57.6	74.8	58.6	80.0	76.6	59.7	84.3	86.4	75	60
Czech Republic	74.8	76.8	49.9	64.2	82.0	52.7	97.8	69.7	77.6	80.8	86.4	80	80
Denmark	78.3	86.3	84.6	93.0	42.0	19.7	97.7	88.7	86.2	84.6	86.4	90	80
Djibouti	52.9	58.8	31.7	25.5	75.3	53.6	10.9	62.3	60.6	76.5	49.8	80	50
Dominica	60.8	59.8	62.6	51.2	70.5	16.0	86.2	70.4	60.7	83.5	68.4	70	30
Dominican Republic	60.9	55.8	18.2	31.2	84.5	90.5	82.4	50.3	57.5	73.5	76.6	70	40
Ecuador	51.3	40.4	20.7	33.4	77.5	57.9	62.3	53.8	48.0	81.0	66.0	35	40
Egypt	54.0	48.5	51.2	34.0	86.1	69.9	2.8	62.0	51.5	61.3	70.2	60	50
El Salvador	61.6	41.6	30.1	31.6	77.8	82.8	80.0	53.6	52.3	78.6	80.8	70	60
Equatorial Guinea	48.3	38.1	19.5	15.1	75.1	86.4	77.2	37.5	34.2	78.1	48.8	40	30
Eritrea	38.5	32.5	14.3	21.4	81.4	74.7	0.0	18.2	69.7	61.0	69.2	0	20
Estonia	77.7	83.2	73.7	85.9	81.1	53.3	99.9	73.5	57.3	78.6	86.4	90	70
Eswatini	55.3	49.8	42.4	37.2	72.8	62.8	17.6	58.9	67.9	75.2	88.6	50	40
Ethiopia	53.6	36.5	45.1	29.4	77.4	90.8	79.2	48.6	57.6	62.7	60.8	35	20
Fiji	63.4	69.9	42.6	45.6	80.5	68.9	84.2	62.6	76.2	72.5	52.8	55	50
Finland	75.7	92.3	80.5	96.1	67.5	11.2	90.7	84.8	50.3	83.6	86.4	85	80
France	66.0	85.9	71.2	83.3	48.8	4.5	67.1	82.5	46.1	76.7	81.4	75	70
Gabon	56.7	36.9	20.8	36.7	74.3	89.3	88.9	52.1	52.3	77.3	51.2	60	40
Gambia	56.3	43.9	43.4	39.2	74.6	85.6	25.3	53.5	67.4	63.3	64.6	65	50
Georgia	77.1	68.6	57.9	64.8	87.1	73.6	94.4	85.3	76.3	78.3	88.6	80	70
Germany	73.5	80.5	74.3	82.8	60.9	42.2	92.9	82.8	53.0	76.7	86.4	80	70
Ghana	59.4	52.5	46.1	32.2	78.4	88.1	35.6	58.4	59.3	68.9	63.8	70	60
Greece	59.9	57.0	48.6	51.2	59.0	31.5	80.0	73.7	52.0	79.4	81.4	55	50
Guatemala	64.0	45.5	32.2	29.6	79.2	95.6	95.7	62.6	48.4	77.4	82.2	70	50
Guinea	56.5	38.7	33.3	16.1	70.0	91.4	93.8	55.4	58.0	70.6	60.4	50	40
Guinea-Bissau	53.3	41.3	48.4	14.8	88.7	86.7	67.3	39.1	61.2	82.7	49.0	30	30
Guyana	56.2	53.6	42.6	34.1	66.0	64.4	58.6	58.9	62.1	82.5	66.8	55	30
Haiti	52.3	16.4	23.3	22.3	80.2	89.4	96.3	33.6	62.3	61.5	67.0	45	30
Honduras	61.1	48.6	34.2	28.6	82.3	78.2	96.7	56.7	31.5	72.2	79.4	65	60
Hong Kong	89.1	93.6	76.8	84.7	93.0	90.3	99.9	96.2	89.1	80.7	95.0	80	90
Hungary	66.4	64.8	45.7	47.5	79.9	34.5	83.6	60.2	64.6	79.9	86.4	80	70
Iceland	77.1	87.6	63.2	90.3	71.7	44.1	97.5	84.7	63.5	80.3	86.8	85	70
India	56.5	63.0	64.1	47.2	79.4	77.9	13.1	65.6	41.2	73.0	73.4	40	40
Indonesia	67.2	59.8	56.2	37.2	83.4	91.7	90.2	70.0	49.2	78.4	80.8	50	60
Iran	49.2	36.9	37.1	33.5	81.0	89.2	86.5	57.3	50.7	49.0	54.6	5	10
Iraq	N/A	43.9	11.2	20.8	N/A	59.5	76.6	52.6	44.8	76.4	N/A	N/A	N/A
Ireland	80.9	86.6	64.4	82.8	76.4	78.8	91.4	82.7	75.9	85.3	86.4	90	70
Israel	74.0	82.3	71.8	77.2	61.0	53.5	89.2	72.2	64.4	84.9	86.2	75	70
Italy	63.8	75.4	51.3	62.2	56.0	28.5	71.1	70.4	50.9	83.2	86.4	80	50
Jamaica	68.5	62.1	50.5	46.8	80.0	74.8	80.2	77.7	74.0	77.7	68.4	80	50
Japan	73.3	86.6	71.4	80.5	68.3	55.8	62.0	81.4	78.7	84.4	80.0	70	60
Jordan	66.0	64.8	54.6	49.6	91.8	73.5	55.9	60.1	52.5	77.6	81.2	70	60
Kazakhstan	69.6	61.3	62.1	40.9	92.3	85.5	84.1	74.6	86.0	68.1	80.2	50	50
Kenya	55.3	63.2	48.6	28.2	78.7	79.6	13.5	55.0	55.8	75.0	60.4	55	50
Kiribati	45.2	47.5	34.2	24.3	72.4	0.0	99.0	40.6	62.9	82.2	23.8	25	30
Korea, North	4.2	20.1	5.0	15.1	0.0	0.0	0.0	5.0	5.0	0.0	0.0	0	0
Korea, South	74.0	82.5	61.0	67.5	63.9	67.7	96.7	90.5	56.2	82.1	80.0	70	70
Kosovo	67.4	66.3	54.1	39.2	92.6	76.5	94.0	75.0	61.0	78.4	76.2	65	30
Kuwait	63.2	57.1	47.0	46.0	97.7	22.4	99.6	61.3	62.2	73.2	76.4	55	60
Kyrgyz Republic	62.9	53.6	31.3	32.0	94.1	58.5	66.7	73.6	79.6	76.4	79.2	60	50
Laos	55.5	42.5	37.3	32.0	87.0	86.6	53.3	54.3	58.6	76.8	82.0	35	20
Latvia	71.9	72.3	51.1	46.4	76.9	58.3	96.5	77.0	72.4	80.2	86.4	85	60
Lebanon	51.7	44.6	30.8	25.0	90.8	72.5	0.0	45.6	47.8	75.6	77.4	60	50
Lesotho	54.5	45.2	47.0	29.6	73.0	34.4	60.3	52.8	58.8	75.7	82.2	55	40
Liberia	49.0	31.1	37.9	23.8	86.1	65.5	59.7	48.2	38.2	62.1	60.6	55	20
Libya	N/A	30.1	20.8	18.9	N/A	0	N/A	40.7	53.9	53.6	N/A	5	N/A
Liechtenstein	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	85	80
Lithuania	76.7	77.9	62.1	67.4	84.9	66	97.4	71.9	76.5	79.7	86.4	80	70
Luxembourg	75.8	86.4	74.4	90.3	64.1	45.4	99.0	66.8	45.3	76.4	86.4	95	80
Macau	70.3	60.0	60.0	33.5	75.0	89.8	99.9	60.0	50.0	70.0	90.0	85	70
North Macedonia	69.5	62.5	42.7	42.2	91.5	71.0	87.7	80.6	67.0	77.7	86.2	65	60
Madagascar	60.5	45.6	39.6	25.0	90.7	91.5	90.6	47.3	44.6	72.7	73.6	55	50
Malawi	52.8	43.1	42.1	24.8	79.0	71.7	23.6	41.9	62.8	69.1	75.4	50	50
Malaysia	74.7	86.5	74.6	49.4	85.7	84.6	80.2	87.8	74.5	81.6	82.0	60	50
Maldives	56.5	48.5	31.7	39.2	95.8	67.9	42.9	78.7	70.6	77.0	61.0	35	30
Mali	55.9	36.1	32.7	20.7	69.2	85.8	73.6	49.2	52.2	81.6	65.0	65	40
Malta	69.5	70.5	49.6	55.1	64.8	60.0	95.9	68.0	61.1	77.1	86.4	85	60
Mauritania	55.3	32.5	20.8	21.9	80.9	76.4	85.9	61.7	51.3	79.6	62.6	50	40
Mauritius	74.9	75.8	62.6	53.3	91.5	82.1	79.3	82.5	60.2	73.8	88.2	80	70
Mexico	66.0	58.3	34.7	36.7	76.1	79.3	87.5	67.0	58.4	70.9	87.6	75	60
Micronesia	52.0	30.1	26.5	22.3	92.9	0.0	99.2	56.9	78.2	82.2	70.8	35	30
Moldova	62.0	60.5	31.7	37.2	86.1	71.6	96.2	68.1	37.0	72.0	78.0	55	50
Mongolia	55.9	50.3	23.0	36.9	87.4	66.6	9.3	63.6	75.7	74.2	74.0	50	60
Montenegro	61.5	59.1	55.3	47.5	85.4	32.1	23.4	70.8	74.8	80.3	83.8	75	50
Morocco	63.3	66.3	48.0	39.2	71.8	72.8	67.2	70.4	33.0	77.0	78.6	65	70
Mozambique	50.5	34.9	31.7	23.2	74.1	69.6	40.3	55.3	41.7	72.0	78.0	35	50
Namibia	60.9	58.9	58.5	46.0	65.7	58.1	28.7	65.6	84.9	75.9	83.2	65	40
Nepal	54.2	40.7	32.0	31.5	83.4	77.9	98.1	61.6	53.7	71.2	60.4	10	30
Netherlands	77.0	90.0	73.9	90.1	51.7	45.2	94.1	80.4	60.2	82.5	86.4	90	80
New Zealand	84.1	93.3	79.1	93.9	71.0	57.8	98.3	90.4	86.7	87.0	92.2	80	80
Nicaragua	57.2	33.5	19.5	24.3	76.3	77.5	87.2	55.1	55.5	71.5	75.4	60	50
Niger	54.7	45.6	42.6	33.4	76.7	79.0	44.7	55.4	47.9	74.8	61.2	55	40
Nigeria	57.2	38.1	32.2	22.3	85.1	96.2	64.1	54.7	84.0	61.7	62.4	45	40
Norway	73.4	84.3	82.8	95.6	57.7	25.6	97.3	86.1	57.4	74.8	83.8	75	60
Oman	63.6	66.4	66.2	64.6	98.4	36.2	14.8	74.6	56.9	78.4	81.6	65	60
Pakistan	54.8	48.3	43.2	29.7	80.4	86.8	40.4	54.9	41.3	72.5	64.8	55	40
Panama	67.2	58.8	30.0	37.2	85.3	85.7	91.2	70.8	43.3	79.4	79.2	75	70
Papua New Guinea	58.4	54.9	48.4	29.7	71.5	86.4	76.4	58.4	69.6	70.7	79.8	25	30
Paraguay	63.0	44.7	26.4	29.6	96.1	88.6	98.0	60.9	29.0	72.5	75.4	75	60
Peru	67.9	54.9	30.6	33.5	80.8	86.4	89.0	67.1	62.9	86.3	88.4	75	60
Philippines	64.5	54.6	34.2	38.7	76.7	87.9	96.3	59.5	57.4	66.9	81.6	60	60
Poland	69.1	63.1	42.8	64.6	74.7	48.8	92.2	62.6	62.0	82.0	86.4	80	70
Portugal	67.0	75.4	65.6	68.9	59.6	39.8	74.4	76.5	44.1	83.0	86.4	70	60
Qatar	72.3	66.9	58.7	64.6	99.8	64.6	93.7	71.1	65.9	80.6	81.6	60	60
Romania	69.7	72.5	56.1	55.1	90.3	70.4	85.6	58.6	63.0	78.1	86.4	70	50
Russia	61.0	56.8	44.4	41.3	88.5	63.8	98.7	80.2	52.1	68.2	77.8	30	30
Rwanda	70.9	76.5	78.3	57.6	79.2	79.8	86.7	60.3	81.8	79.8	70.4	60	40
Saint Lucia	68.2	69.8	62.6	41.8	76.9	80.6	83.8	76.7	66.4	82.0	73.2	65	40
Saint Vincent and the Grenadines	66.8	50.5	62.6	46.1	72.4	73.7	89.0	75.8	73.3	80.8	67.2	70	40
Samoa	62.1	60.5	31.7	31.5	79.6	62.5	94.6	76.6	78.8	79.5	64.6	55	30
São Tomé and Príncipe	56.2	41.0	26.5	37.4	88.3	77.1	73.0	64.8	43.4	68.1	64.2	60	30
Saudi Arabia	62.4	64.6	72.3	49.6	99.8	61.8	19.3	66.6	63.3	81.0	75.4	45	50
Senegal	58.0	52.4	39.8	40.6	70.2	84.4	75.2	50.4	38.1	79.7	65.4	60	40
Serbia	66.0	55.4	46.8	44.0	83.7	49.7	94.1	72.6	66.9	80.7	78.0	70	50
Seychelles	64.3	68.3	46.4	53.3	76.8	58.9	93.2	65.3	62.8	78.6	82.6	55	30
Sierra Leone	48.0	40.7	39.4	21.8	87.5	83.5	9.8	50.1	29.7	64.2	69.4	60	20
Singapore	89.4	96.8	92.9	92.4	90.3	91.1	80.0	92.8	90.9	85.6	94.8	85	80
Slovakia	66.8	73.1	41.7	49.7	78.5	50.2	92.6	55.3	52.6	75.9	86.4	75	70
Slovenia	67.8	76.5	48.6	67.4	59.2	42.9	90.3	78.4	61.4	82.2	86.4	70	50
Solomon Islands	52.9	54.6	53.7	33.5	65.6	34.2	76.6	67.7	72.0	84.3	48.0	15	30
Somalia	N/A	20.1	26.5	13.1	N/A	N/A	N/A	31.6	N/A	N/A	N/A	N/A	N/A
South Africa	58.8	58.4	38.0	46.6	63.7	67.4	64.0	62.0	58.8	75.9	75.8	45	50
Spain	66.9	74.9	51.8	55.1	62.1	48.3	62.6	66.8	57.7	82.0	86.4	85	70
Sri Lanka	57.4	47.7	39.2	34.7	84.8	88.9	39.3	76.5	58.6	71.1	67.6	40	40
Sudan	45.0	33.7	20.8	25.5	86.1	94.5	12.4	53.5	60.0	77.0	52.0	5	20
Suriname	49.5	45.6	19.5	36.9	70.5	74.8	10.3	48.2	71.9	76.1	69.8	40	30
Sweden	74.9	88.8	79.9	91.4	43.6	25.8	97.0	85.3	53.8	81.2	86.4	85	80
Switzerland	82.0	87.4	81.5	90.1	70.1	65.3	96.7	74.2	72.4	84.4	86.6	85	90
Syria	N/A	45.6	20.8	21.9	N/A	N/A	N/A	48.9	59.3	58.8	51.6	0	N/A
Taiwan	77.1	86.9	70.1	68.9	75.0	90.5	91.0	93.9	60.3	82.7	86.0	60	60
Tajikistan	52.2	49.1	50.0	32.0	91.8	62.3	26.0	65.9	47.7	71.0	75.0	25	30
Tanzania	61.7	41.9	43.4	32.5	80.6	91.6	92.9	45.9	66.4	72.2	67.8	55	50
Thailand	69.4	59.5	48.0	43.4	80.7	85.9	96.4	83.0	63.7	74.0	83.0	55	60
Timor-Leste	45.9	45.2	12.6	32.5	96.3	5.3	19.9	64.0	58.9	76.5	75.0	45	20
Togo	54.1	41.6	31.7	31.2	67.5	78.6	59.4	55.0	46.9	79.5	63.2	65	30
Tonga	58.8	60.9	26.5	44.2	85.2	42.8	95.2	75.0	69.8	71.4	74.0	40	20
Trinidad and Tobago	58.3	56.6	42.1	37.4	82.6	66.5	15.9	67.3	76.0	77.4	67.8	60	50
Tunisia	55.8	56.4	43.6	39.7	74.2	73.1	38.8	78.1	49.8	73.9	66.4	45	30
Turkey	64.4	57.4	53.7	44.6	76.7	64.1	86.1	67.0	49.2	66.1	78.0	70	60
Turkmenistan	46.5	20.1	20.0	21.4	95.9	93.1	94.5	30.0	20.0	68.7	74.2	10	10
Uganda	59.5	45.6	36.9	21.4	80.3	88.4	64.3	46.0	83.1	78.0	75.4	55	40
Ukraine	54.9	47.5	42.2	37.9	81.1	47.2	83.9	61.3	48.3	63.0	81.2	35	30
United Arab Emirates	76.2	80.3	84.6	64.6	99.2	72.1	94.1	78.6	81.3	79.6	80.4	40	60
United Kingdom	79.3	92.2	82.7	89.9	64.7	49.5	78.1	94.7	73.1	80.3	86.4	80	80
United States	76.6	81.8	83.7	77.2	74.6	56.5	54.3	83.3	87.9	75.5	79.8	85	80
Uruguay	69.1	72.0	59.8	73.5	75.2	66.5	72.3	73.6	71.0	72.7	77.4	85	30
Uzbekistan	57.2	59.1	34.2	28.2	91.6	74.7	98.9	72.6	59.9	59.9	67.6	20	20
Vanuatu	60.7	68.3	36.1	37.4	97.1	61.1	78.4	51.8	54.6	74.6	63.4	65	40
Venezuela	25.2	10.1	12.6	14.6	72.8	66.3	0.0	30.8	27.7	0.0	58.0	0	10
Vietnam	58.8	52.6	40.1	33.8	79.5	75.9	58.0	65.6	62.5	68.2	79.6	40	50
Yemen	N/A	22.5	20.1	21.9	N/A	96.5	60.1	43.9	43.8	42.6	70	50	N/A
Zambia	53.5	45.2	31.3	28.4	73.2	81.7	18.4	66.4	47.0	72.2	72.6	55	50
Zimbabwe	43.1	33.7	28.3	18.9	62.3	88.0	36.2	39.1	43.1	62.8	70.0	25	10

1995–2008 rankings

Country/Region	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Hong Kong[lower-alpha 1]	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Ireland	3	3	3	4	4	4	4	3	10	11	11	13	27	20
Australia	4	4	7	9	8	10	11	8	5	5	7	9	10	8
United States	5	6	5	5	7	7	8	6	8	7	8	8	5	4
New Zealand	6	5	4	3	3	3	3	4	3	3	3	3	3
Canada	7	10	10	12	12	13	14	21	20	25	27	26	20	18
Chile	8	8	8	8	11	12	9	12	12	12	9	7	13	14
Switzerland	9	9	9	6	5	6	6	10	6	4	4	4	4
United Kingdom	10	7	6	7	9	9	7	7	4	6	5	5	7	3
Denmark	11	12	13	13	17	20	23	33	33	32	34	30	31
Estonia	12	11	15	14	10	8	10	9	24	13	15	24	38	26
Netherlands	13	15	16	18	14	14	14	16	21	57	24	20	23
Iceland	14	13	11	10	19	16	19	15	15	19	18	19
Luxembourg	15	14	12	11	6	5	5	5	7	15	13	12	15
Finland	16	16	17	21	16	15	16	27	50	54	55	39	47
Japan	17	18	18	36	50	34	39	23	19	27	21	21	14	6
Mauritius	18	32	35	35	51	52	33	45	36	20
Bahrain	19	24	23	22	13	11	12	11	11	8	6	6	6	5
Belgium	20	17	24	30	30	33	34	57	55	60	48	44	36
Barbados	21	27	20	24	28	23	17	20	27	37	33	46	53
Cyprus	22	20	21	20	15	19	20	22	35	33	29	27	30
Germany	23	22	25	28	27	26	25	29	43	40	52	29	25	17
The Bahamas	24	19	19	15	20	17	15	14	16	10	10	10	11	11
Taiwan	25	25	29	19	26	21	22	18	17	18	20	22	9	7
Lithuania	26	21	22	23	18	27	43	53	67	67	74	78	104
Sweden	27	33	27	27	24	24	24	43	47	51	53	53	55	41
Armenia	28	30	14	25	23	37	32	46	62	96	117	123	125
Trinidad and Tobago	29	23	26	17	21	29	26	19	13	16	17	16	24
Austria	30	26	30	34	32	35	36	37	31	53	43	40	26	16
Spain	31	28	32	31	29	28	29	36	41	45	62	68	65	34
Georgia	32	31	54	93	78	84	104	87	107	114	122	125	123
El Salvador	33	29	28	16	22	22	21	17	9	9	22	18	21	19
Norway	34	37	34	45	42	39	37	41	22	29	31	41	39
Slovakia	35	36	33	42	48	77	76	85	108	105	85	85	75	46
Botswana	36	35	31	26	25	30	42	42	42	59	60	72	56	57
Czech Republic	37	39	40	47	35	36	40	26	30	23	28	54	29	23
Latvia	38	38	37	39	33	44	52	44	57	50	56	57	86
Kuwait	39	41	41	48	55	43	46	35	25	24	38	42	35
Uruguay	40	34	43	33	37	25	30	24	28	30	26	31	46	37

Special administrative region (SAR) of China since 1997

References

"Executive Summary" (PDF). Index of Economic Freedom. January 15, 2008. Archived from the original (PDF) on February 27, 2008. Retrieved February 4, 2008.
William Beach, Time Kane (January 15, 2008). "Methodology; Measuring the 10 Economic Freedoms" (PDF). Index of Economic Freedom. Archived from the original (PDF) on February 27, 2008. Retrieved February 4, 2008.
"2021 Index of Economic Freedom | The Heritage Foundation". www.heritage.org.
Mary Anastasia O'Grady (January 15, 2008). "The Real Key to Development". Wall Street Journal. Retrieved February 4, 2008.
Carl J. Schramm (15 January 2008). "Chapter 1 Economic Fluidity: A Crucial Dimension of Economic Freedom" (PDF). The Heritage Foundation. Archived from the original (PDF) on 27 February 2008. Retrieved 4 February 2008.
"In Pursuit of Happiness Research: Is It Reliable? What Does It Imply for Policy?", Will Wilkinson, The Cato institute, Policy Analysis No. 590, 11 April 2007
Ovaska Tomi, Takashima Ryo (2006). "Economic policy and the level of self-perceived well-being: An international comparison". The Journal of Socio-Economics. 35 (2): 308–325. doi:10.1016/j.socec.2005.11.054.
More Freedom = More Happiness Archived 29 October 2008 at the Wayback Machine, Public Issues, Libertad Desarrollo, No. 750, 23 January 2006, ISSN 0717-1528
"Chapter2: Economic Freedom and Peace" Archived 16 October 2008 at the Wayback Machine, Erik Gartzke, in Economic Freedom of the World: 2005 Annual Report, James Gwartney and Robert Lawson, Fraser Institute, 30 August 2005
Barry Wood (January 15, 2008). "Economic Freedom Holding Steady, 14th Index of Economic Freedom Shows". PR Newswire. Archived from the original on January 18, 2008. Retrieved February 4, 2008.
"Executive Highlights" (PDF). The Heritage Foundation. The Heritage Foundation. 2011. Retrieved February 20, 2011.
Ed Feulner (22 January 2008). "Football and economic freedom". IndyStar. Archived from the original on 19 March 2012. Retrieved 4 February 2008.
Miller, Terry (2011). "The Limits of Government" (PDF). Heritage.org. The Heritage Foundation. p. 13. Retrieved February 20, 2011.
"Global economic freedom dipped last year, annual survey says; Hong Kong remains world's freest". Washington Post. Associated Press. January 12, 2012. Retrieved January 24, 2012.
Edwin Feulner (January 17, 2012). "Still in top 10, but falling fast". The Washington Times. Retrieved January 24, 2012.
Edwin J. Feulner (January 12, 2012). "A Step Backward for Economic Freedom in 2012". The Wall Street Journal. Retrieved January 24, 2012.
Adrian Karatnycky. Freedom in the World: The Annual Survey of Political Rights and Civil Liberties. Transaction Publishers. 2001. ISBN 978-0-7658-0101-2. p. 11
"Report on the Criteria and Methodology for Determining the Eligibility of Candidate Countries for Millennium Challenge Account Assistance during Fiscal Year 2008" (PDF). Millennium Challenge Corporation. 1 September 2007. Archived from the original (PDF) on 27 February 2008. Retrieved 4 February 2008.
The End of Poverty: Economic Possibilities for our Time, Jeffrey Sachs, Penguin Books, 2005, ISBN 1-59420-045-9, pp. 320–321.
"UAE challenges its economic freedom ranking in paper by Heritage Foundation". Business Intelligence Middle East. January 31, 2008. Archived from the original on July 7, 2011. Retrieved January 31, 2008.
Stefan Karlsson (21 January 2005). "The Failings of the Economic Freedom Index". Mises Daily. Ludwig von Mises Institute. Archived from the original on 14 February 2015. Retrieved 18 April 2008.
"Free, Free at Last", John Miller, Dollars and Sense, No. 258, March/April 2005
"Laissez-faire Olympics, an LBO special report", Left Business Observer, 26 March 2005
Amanov, Merdan. "Has Turkmenistan's Transition to a Market Economy Been a Success?". The Diplomat. Retrieved September 16, 2022. Turkmenistan ranks in 165th place in the index out of the total 177 countries
"Bangladesh slips 17 notches on economic freedom index". The Business Standard. February 16, 2022. Retrieved September 16, 2022.
Bass, David (February 16, 2022). "Freedom? U.S. dips to record low in global rankings". Carolina Journal -. Retrieved September 5, 2022. four broad policy areas affecting economic freedom
Colton, Emma (February 13, 2022). "Biden's economy drags US to all-time low in Heritage freedom index rating". FOXBusiness. Retrieved September 5, 2022. The index, launched in 1995, evaluates countries on rule of law, government size, regulatory efficiency and open markets, while also examining specific categories such as property rights, judicial effectiveness, government integrity and tax burden.
"Methodology Index of Economic Freedom" (PDF). Retrieved September 10, 2022.
"Frequently Asked Questions". Index of Economic Freedom. January 15, 2008. Archived from the original on January 23, 2008. Retrieved February 4, 2008.
"Country Rankings: World & Global Economy Rankings on Economic Freedom". www.heritage.org.
"2020 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.
"2019 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.
"2018 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.
"2017 IEF (XLS) table download". The Heritage Foundation. Retrieved February 1, 2017.
"2016 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2016.
"2015 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2015.
"2014 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2014.
"2017 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.

External links

Official website
Index of Economic Freedom in the 50 States from the Mercatus Center
List of Global Development Indexes and Rankings

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[SAR-39] Special administrative region (SAR) of China since 1997

[1] "Executive Summary" (PDF). Index of Economic Freedom. January 15, 2008. Archived from the original (PDF) on February 27, 2008. Retrieved February 4, 2008.

[freedom-2] William Beach, Time Kane (January 15, 2008). "Methodology; Measuring the 10 Economic Freedoms" (PDF). Index of Economic Freedom. Archived from the original (PDF) on February 27, 2008. Retrieved February 4, 2008.

[3] "2021 Index of Economic Freedom | The Heritage Foundation". www.heritage.org.

[4] Mary Anastasia O'Grady (January 15, 2008). "The Real Key to Development". Wall Street Journal. Retrieved February 4, 2008.

[5] Carl J. Schramm (15 January 2008). "Chapter 1 Economic Fluidity: A Crucial Dimension of Economic Freedom" (PDF). The Heritage Foundation. Archived from the original (PDF) on 27 February 2008. Retrieved 4 February 2008.

[6] "In Pursuit of Happiness Research: Is It Reliable? What Does It Imply for Policy?", Will Wilkinson, The Cato institute, Policy Analysis No. 590, 11 April 2007

[7] Ovaska Tomi, Takashima Ryo (2006). "Economic policy and the level of self-perceived well-being: An international comparison". The Journal of Socio-Economics. 35 (2): 308–325. doi:10.1016/j.socec.2005.11.054.

[8] More Freedom = More Happiness Archived 29 October 2008 at the Wayback Machine, Public Issues, Libertad Desarrollo, No. 750, 23 January 2006, ISSN 0717-1528

[9] "Chapter2: Economic Freedom and Peace" Archived 16 October 2008 at the Wayback Machine, Erik Gartzke, in Economic Freedom of the World: 2005 Annual Report, James Gwartney and Robert Lawson, Fraser Institute, 30 August 2005

[10] Barry Wood (January 15, 2008). "Economic Freedom Holding Steady, 14th Index of Economic Freedom Shows". PR Newswire. Archived from the original on January 18, 2008. Retrieved February 4, 2008.

[Exec11-11] "Executive Highlights" (PDF). The Heritage Foundation. The Heritage Foundation. 2011. Retrieved February 20, 2011.

[12] Ed Feulner (22 January 2008). "Football and economic freedom". IndyStar. Archived from the original on 19 March 2012. Retrieved 4 February 2008.

[13] Miller, Terry (2011). "The Limits of Government" (PDF). Heritage.org. The Heritage Foundation. p. 13. Retrieved February 20, 2011.

[APJan12-14] "Global economic freedom dipped last year, annual survey says; Hong Kong remains world's freest". Washington Post. Associated Press. January 12, 2012. Retrieved January 24, 2012.

[15] Edwin Feulner (January 17, 2012). "Still in top 10, but falling fast". The Washington Times. Retrieved January 24, 2012.

[16] Edwin J. Feulner (January 12, 2012). "A Step Backward for Economic Freedom in 2012". The Wall Street Journal. Retrieved January 24, 2012.

[17] Adrian Karatnycky. Freedom in the World: The Annual Survey of Political Rights and Civil Liberties. Transaction Publishers. 2001. ISBN 978-0-7658-0101-2. p. 11

[18] "Report on the Criteria and Methodology for Determining the Eligibility of Candidate Countries for Millennium Challenge Account Assistance during Fiscal Year 2008" (PDF). Millennium Challenge Corporation. 1 September 2007. Archived from the original (PDF) on 27 February 2008. Retrieved 4 February 2008.

[19] The End of Poverty: Economic Possibilities for our Time, Jeffrey Sachs, Penguin Books, 2005, ISBN 1-59420-045-9, pp. 320–321.

[20] "UAE challenges its economic freedom ranking in paper by Heritage Foundation". Business Intelligence Middle East. January 31, 2008. Archived from the original on July 7, 2011. Retrieved January 31, 2008.

[21] Stefan Karlsson (21 January 2005). "The Failings of the Economic Freedom Index". Mises Daily. Ludwig von Mises Institute. Archived from the original on 14 February 2015. Retrieved 18 April 2008.

[22] "Free, Free at Last", John Miller, Dollars and Sense, No. 258, March/April 2005

[23] "Laissez-faire Olympics, an LBO special report", Left Business Observer, 26 March 2005

[177_country_count-24] Amanov, Merdan. "Has Turkmenistan's Transition to a Market Economy Been a Success?". The Diplomat. Retrieved September 16, 2022. Turkmenistan ranks in 165th place in the index out of the total 177 countries

[25] "Bangladesh slips 17 notches on economic freedom index". The Business Standard. February 16, 2022. Retrieved September 16, 2022.

[areas-26] Bass, David (February 16, 2022). "Freedom? U.S. dips to record low in global rankings". Carolina Journal -. Retrieved September 5, 2022. four broad policy areas affecting economic freedom

[27] Colton, Emma (February 13, 2022). "Biden's economy drags US to all-time low in Heritage freedom index rating". FOXBusiness. Retrieved September 5, 2022. The index, launched in 1995, evaluates countries on rule of law, government size, regulatory efficiency and open markets, while also examining specific categories such as property rights, judicial effectiveness, government integrity and tax burden.

[methodology-28] "Methodology Index of Economic Freedom" (PDF). Retrieved September 10, 2022.

[index-29] "Frequently Asked Questions". Index of Economic Freedom. January 15, 2008. Archived from the original on January 23, 2008. Retrieved February 4, 2008.

[30] "Country Rankings: World & Global Economy Rankings on Economic Freedom". www.heritage.org.

[31] "2020 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.

[32] "2019 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.

[33] "2018 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.

[34] "2017 IEF (XLS) table download". The Heritage Foundation. Retrieved February 1, 2017.

[35] "2016 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2016.

[36] "2015 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2015.

[37] "2014 IEF (XLS) table download". The Heritage Foundation. Retrieved February 2, 2014.

[38] "2017 IEF (XLS) table download". The Heritage Foundation. Retrieved July 4, 2021.

Lists of countries by political rankings
Freedom	Political Democracy Index Freedom in the World Press Freedom of the Press report Press Freedom Index Economic Economic Freedom of the World Global Enabling Trade Report Index of Economic Freedom
Corruption	Bribe Payers Index Corruption Perceptions Index Global Corruption Barometer
Competitiveness	Composite Index of National Capability
History	Flag adoption date Formation date Largest empires Timeline of geopolitical changes (before 1900) Timeline of geopolitical changes (1900−1999) Timeline of geopolitical changes (2000−present)
Rights	Democracy Index Democracy-Dictatorship Index Global Gender Gap Report International Property Rights Index LGBT rights Privacy International V-Dem Institute Democracy Indices World Justice Project Rule of Law Index
Other	Commitment to Development Index Consultation on rule-making Ease of doing business index Environmental Performance Index Fragile States Index Global Innovation Index Global Liveability Ranking Global Peace Index Global Slavery Index Global Terrorism Index Good Country Index Incarceration rate Legatum Prosperity Index OECD Better Life Index Political terror scale Satisfaction with Life Index
List of international rankings Lists by country