Economic Freedom

Global Ranking

overall index (0-100)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Hong Kong	89	2020	1	90
2 ↓	Singapore	84	2022	1	90
2 ↑	Switzerland	84	2022	4	82
4 ↑	Ireland	82	2022	6	81
5 ↑	Luxembourg	81	2022	18	76
5 ↓	New Zealand	81	2022	3	84
7	Taiwan	80	2022	7	79
7 ↑	Estonia	80	2022	8	78
7 ↑	Netherlands	80	2022	12	77
10 ↑	Sweden	78	2022	20	75
10 ↓	Australia	78	2022	4	82
10 ↓	Denmark	78	2022	8	78
10 ↑	Finland	78	2022	18	76
14 ↓	Iceland	77	2022	12	77
14 ↓	Canada	77	2022	8	78
14 ↑	Norway	77	2022	29	73
17 ↑	Germany	76	2022	29	73
17 ↓	Lithuania	76	2022	12	77
19 ↑	South Korea	75	2022	23	74
19 ↑	Latvia	75	2022	32	72
21 ↑	Czech Republic	74	2022	23	74
21 ↓	Chile	74	2022	20	75
21 ↑	Austria	74	2022	23	74
24 ↑	Cyprus	73	2022	34	71
24 ↓	United Kingdom	73	2022	8	78
26 ↑	Malta	72	2022	37	70
26 ↓	Georgia	72	2022	12	77
26 ↓	United States	72	2022	20	75
26 ↑	Qatar	72	2020	29	73
30 ↓	Mauritius	71	2022	12	77
30 ↑	Slovenia	71	2022	49	68
30 ↑	Barbados	71	2022	66	65
30 ↑	Bulgaria	71	2022	37	70
30 ↑	Portugal	71	2022	49	68
35 ↓	United Arab Emirates	70	2022	12	77
35 ↓	Japan	70	2022	23	74
35 ↑	Belgium	70	2022	37	70
35 ↑	Slovakia	70	2022	59	66
35 ↑	Uruguay	70	2022	47	69
35 ↓	Macao	70	2020	34	71
41 ↑	Bahamas	69	2022	66	65
41 ↓	Poland	69	2022	37	70
43 ↓	Malaysia	68	2022	23	74
43 ↓	Israel	68	2022	23	74
43 ↓	Spain	68	2022	37	70
43 ↑	Samoa	68	2022	85	62
47	Jamaica	67	2022	47	69
47 ↑	Serbia	67	2021	59	66
47 ↓	Romania	67	2022	37	70
47 ↑	Peru	67	2022	49	68
47 ↑	Hungary	67	2022	56	67
47 ↑	Cape Verde	67	2022	72	64
47 ↑	Albania	67	2022	66	65
54 ↑	Saint Vincent and the Grenadines	66	2022	59	66
54 ↓	Macedonia	66	2022	37	70
54 ↑	France	66	2022	59	66
54 ↑	Seychelles	66	2021	72	64
58 ↑	Costa Rica	65	2022	72	64
58 ↓	Armenia	65	2022	32	72
58 ↓	Colombia	65	2022	49	68
58 ↓	Brunei	65	2022	56	67
58 ↑	Panama	65	2022	59	66
58 ↓	Botswana	65	2022	49	68
58 ↑	Italy	65	2022	66	65
65 ↓	Kazakhstan	64	2022	34	71
65 ↑	Mongolia	64	2022	85	62
65 ↓	Indonesia	64	2022	56	67
65 ↓	Mexico	64	2022	59	66
65 ↓	Saint Lucia	64	2022	49	68
65 ↑	Kyrgyzstan	64	2021	79	63
65 ↑	Croatia	64	2021	85	62
72 ↑	Vanuatu	63	2022	93	61
72 ↓	Thailand	63	2022	37	70
72	Guatemala	63	2022	72	64
72 ↑	Paraguay	63	2022	79	63
72 ↑	Bosnia and Herzegovina	63	2022	79	63
72 ↑	Dominican Republic	63	2022	85	62
72 ↑	Montenegro	63	2021	85	62
79 ↑	Ivory Coast	62	2022	85	62
79 ↓	Azerbaijan	62	2022	37	70
79 ↑	Russia	62	2021	93	61
79 ↓	Bahrain	62	2022	37	70
79 ↑	Greece	62	2022	93	61
84 ↑	Tonga	61	2022	108	58
84 ↑	Benin	61	2022	99	60
84 ↑	Vietnam	61	2022	85	62
84 ↓	Philippines	61	2022	72	64
84 ↓	Moldova	61	2022	79	63
89 ↑	Guyana	60	2022	117	57
89 ↑	Tanzania	60	2022	93	61
89 ↓	Jordan	60	2022	66	65
89 ↑	Senegal	60	2022	108	58
89 ↑	Honduras	60	2022	99	60
89 ↑	El Salvador	60	2022	93	61
89 ↑	Ghana	60	2022	102	59
96 ↓	Morocco	59	2022	79	63
96 ↑	Trinidad and Tobago	59	2022	102	59
96 ↓	Namibia	59	2022	79	63
96 ↑	Madagascar	59	2022	108	58
96 ↑	Bhutan	59	2022	108	58
101 ↓	Kuwait	58	2022	72	64
101 ↑	Burkina Faso	58	2022	117	57
101 ↑	Gambia	58	2022	102	59
104 ↑	Togo	57	2022	108	58
104 ↓	Rwanda	57	2022	49	68
104 ↓	Oman	57	2022	66	65
104 ↓	Turkey	57	2022	72	64
104 ↑	Belize	57	2022	108	58
104 ↑	Cambodia	57	2022	117	57
104 ↑	Solomon Islands	57	2022	144	53
111 ↓	Saudi Arabia	56	2022	59	66
111 ↓	Fiji	56	2022	85	62
111 ↑	Sao Tome and Principe	56	2021	125	56
111 ↓	Uzbekistan	56	2022	108	58
111 ↓	Gabon	56	2022	108	58
111 ↑	Mali	56	2022	125	56
111 ↓	South Africa	56	2022	99	60
118 ↓	Niger	55	2022	117	57
118 ↓	Papua New Guinea	55	2022	102	59
118 ↑	Djibouti	55	2022	144	53
118 ↑	Mauritania	55	2022	125	56
118 ↑	Nicaragua	55	2022	125	56
123 ↓	Tunisia	54	2022	117	57
123 ↓	Nigeria	54	2022	102	59
123 ↑	Dominica	54	2022	144	53
123 ↑	Ukraine	54	2022	125	56
123 ↓	Guinea	54	2022	117	57
123 ↑	Ecuador	54	2022	151	52
123 ↓	Uganda	54	2022	102	59
123 ↑	Yemen	54	2015	125	56
123 ↓	India	54	2022	117	57
132 ↑	Afghanistan	53	2021	134	55
132 ↓	Belarus	53	2022	93	61
132 ↓	Bangladesh	53	2022	117	57
132 ↓	Sri Lanka	53	2022	125	56
132 ↑	Kenya	53	2022	134	55
132 ↑	Angola	53	2022	141	54
132 ↑	Malawi	53	2022	144	53
132 ↑	Cameroon	53	2022	144	53
132 ↑	Brazil	53	2022	144	53
141 ↑	Sierra Leone	52	2022	151	52
142 ↓	Swaziland	51	2022	134	55
142 ↑	Syria	51	2012	157	51
142 ↑	Mozambique	51	2022	151	52
145 ↑	Chad	50	2022	163	50
145 ↑	Micronesia	50	2021	151	52
145 ↑	Nepal	50	2022	157	51
145 ↓	Argentina	50	2022	144	53
145 ↓	Comoros	50	2022	125	56
145 ↑	Haiti	50	2022	157	51
145 ↓	Burma (Myanmar)	50	2022	134	55
145 ↑	Ethiopia	50	2022	151	52
145 ↓	Tajikistan	50	2022	134	55
154 ↓	Egypt	49	2022	125	56
154 ↓	Laos	49	2022	141	54
154 ↓	Pakistan	49	2022	151	52
154 ↑	Central African Republic	49	2021	157	51
154 ↑	Republic of the Congo	49	2022	157	51
154 ↑	Zambia	49	2022	163	50
160 ↑	Liberia	48	2022	167	49
160 ↑	Democratic Republic of the Congo	48	2022	167	49
160 ↓	China	48	2022	108	58
160 ↓	Lesotho	48	2022	141	54
160 ↑	Suriname	48	2022	172	46
165 ↓	Maldives	47	2022	134	55
165 ↓	Lebanon	47	2022	157	51
165 ↑	Equatorial Guinea	47	2022	167	49
168 ↓	Guinea-Bissau	46	2022	134	55
168 ↓	Algeria	46	2022	163	50
168 ↑	Turkmenistan	46	2022	170	47
171 ↑	Kiribati	44	2021	173	45
172 ↑	Bolivia	43	2022	174	43
173 ↓	Iran	42	2022	170	47
174 ↑	Eritrea	40	2022	175	42
175 ↓	Burundi	39	2022	163	50
176 ↑	Libya	36	2012	177	39
177 ↓	Zimbabwe	33	2022	176	40
178 ↓	Sudan	32	2022	177	39
179	Cuba	30	2022	179	28
180	Venezuela	25	2022	180	25
181	Iraq	16	2002	181	17
182	North Korea	3	2022	182	5

Definition of Economic Freedom

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.