List of sovereign states by economic freedom explained

This article includes a partial list of countries by economic freedom that shows the top 50 highest ranking countries and regions from two reports on economic freedom.

The Economic Freedom of the World Index is a report published by the Fraser Institute in conjunction with the Economic Freedom Network, a Canadian group of independent research and educational institutes in 90 nations and territories worldwide.^[1]
The Index of Economic Freedom is an annual report published by The Heritage Foundation and The Wall Street Journal in the United States. Countries and regions are assessed as free, mostly free, moderately free, mostly unfree, or repressed.^[2]

List

2019 Economic Freedom of the World Index^[3]

2022 Top Index of Economic Freedom^[4]

Rank	Country	Score	Change
1	Hong Kong	90.2	0
2	Singapore	89.4	0.6
3	New Zealand	84.4	0.2
4	Switzerland	81.9	0.2
5	Australia	80.9	0
6	Ireland	80.5	0.1
7	United Kingdom	78.9	0.9
8	Canada	77.7	0
9	United Arab Emirates	77.1	0
10		77.3	0.7
11	Iceland	77.1	0.1
12	United States	76.8	1.1
13	Netherlands	76.8	0.6
14	Denmark	76.7	0.1
15	Estonia	76.6	2.2
16	Georgia	75.9	0.3
17	Luxembourg	75.9	0.5
18	Chile	75.4	0.2
19	Sweden	75.2	1.1
20	Finland	74.9	0.8
21	Lithuania	74.2	1.1
22	Malaysia	74	0.5
23	Czech Republic	73.7	0.5
24	Germany	73.5	0.7
25	Mauritius	73	2.1
26	Norway	73	1.3
27	Israel	72.8	0.6
28	Qatar	72.6	0
29		72.3	1.5
30	Japan	72.1	0.2
31	Austria	72	0.2
32	Rwanda	71.1	2
33		71.1	0.2
34		71	0.1
35	Latvia	70.4	3.2
36	Botswana	69.5	0.4
37	Bulgaria	69	0.7
38	Saint Lucia	68.7	1.1
39	Jamaica	68.6	0.5
40	Uruguay	68.6	0.6
41	Malta	68.6	0.1
42	Romania	68.6	0.8
43	Thailand	68.3	1.2
44	Cyprus	68.1	0.3
45	Peru	67.8	0.9
46	Poland	67.8	0.7
47	Armenia	67.7	1
48	Belgium	67.3	0.2
49	Colombia	67.3	1.6
50	Panama	67.2	0.2
51		67	0.4
52	Albania	66.5	2
53	Jordan	66.5	1.6
54	Bahrain	66.4	1.3
55	Saint Vincent and the Grenadines	65.8	1.9
56	Indonesia	65.8	1.6
57	Spain	65.7	0.6
58	Slovenia	65.5	0.7
59	Kazakhstan	65.4	3.7
60	Azerbaijan	65.4	1.1
61	Costa Rica	65.3	0.3
62	Portugal	65.3	1.9
63	Brunei Darussalam	65.1	0.9
64	Hungary	65	1.7
65	Slovakia	65	0.3
66	Mexico	64.7	0.1
67	Barbados	64.7	7.7
68	Turkey	64.6	0.8
69	Serbia	63.9	1.4
70	Philippines	63.8	1.2
71	France	63.8	0.1
72	Dominica	63.6	0.9
73		63.1	3.1
74	Bhutan	62.9	1.1
75	Morocco	62.9	1
76		62.9	0.4
77	Guatemala	62.6	0.8
78	Cote d'Ivoire	62.4	0.4
79		62.3	0.5
80	Italy	62.2	0.3
81	Fiji	62.2	0.2
82	Samoa	62.2	0.7
83	Bosnia and Herzegovina	61.9	0.5
84	El Salvador	61.8	1.4
85	Paraguay	61.8	0.3
86	Croatia	61.4	0.4
87	Seychelles	61.4	0.2
88	Oman	61	0
89	Dominican Republic	61	0.6
90	Kuwait	60.8	1.4
91	Saudi Arabia	60.7	1.1
92	Montenegro	60.5	3.8
93	Honduras	60.2	0.4
94		60.2	0.3
95	Uganda	59.7	2.3
96	Burkina Faso	59.4	0.6
97		59.1	0.7
98		58.9	0.7
99	Namibia	58.7	0.2
100	China	58.4	0.6
101	Papua New Guinea	58.4	2.7
102	South Africa	58.3	4.7
103	Mali	58.1	0.5
104	Belarus	57.9	0.2
105	Cambodia	57.8	0.9
106	Greece	57.7	0.4
107	Nicaragua	57.7	1.2
108	Tonga	57.7	5.4
109	Ghana	57.5	1.5
110		57.4	3.8
111	Nigeria	57.3	1.2
112	Trinidad and Tobago	57	0.7
113	Guyana	56.8	1.9
114	Madagascar	56.6	0.2
115	Sri Lanka	56.4	1.4
116	Vanuatu	56.4	13.1
117	Senegal	56.3	0.6
118	Gabon	56.3	1.7
119	Mauritania	55.7	1.7
120	Guinea	55.7	3.5
121	Bangladesh	55.6	0.5
122	Tajikistan	55.6	2.7
123	Belize	55.4	1.7
124	Comoros	55.4	0.8
125	Tunisia	55.4	3.5
126	Mongolia	55.4	0.3
127	Benin	55.3	1.4
128		55.3	2.2
129	India	55.2	0.7
130	Kenya	55.1	0.4
131	Pakistan	55	0.6
132		54.7	1.2
133	Solomon Islands	54.6	2.9
134		54	0.4
135	Guinea-Bissau	54	2.9
136	Nepal	53.8	0.3
137	Ethiopia	53.6	0.8
138	Zambia	53.6	0.7
139	Myanmar	53.6	0.3
140	Uzbekistan	53.3	1.8
141	Maldives	53.2	2.1
142	Lesotho	53.1	0.8
143	Haiti	52.7	3.1
144	Egypt	52.5	0.9
145	Cameroon	52.4	0.5
146		52.4	0.1
147	Ukraine	52.3	0.4
148	Argentina	52.2	0.1
149		51.9	0.4
150	Brazil	51.9	0.5
151	Niger	51.6	2.1
152	Afghanistan	51.5	0.2
153	Malawi	51.4	0.6
154	Lebanon	51.1	2.1
155		51.1	0.2
156	Angola	50.6	2
157		50.3	1.8
158	Togo	50.3	2.5
159	Chad	49.9	0.6
160	Liberia	49.7	1.2
161	Central African Republic	49.1	0.1
162	Burundi	48.9	2
163	Mozambique	48.6	2.3
164	Turkmenistan	48.4	1.3
165	Suriname	48.1	0
166	Sudan	47.7	1.7
167	Sierra Leone	47.5	4.3
168	Kiribati	47.3	3.5
169	Djibouti	47.1	2
170	Ecuador	46.9	1.6
171	Algeria	46.2	1.5
172	Timor-Leste	44.2	3.9
173		42.3	1.8
174	Equatorial Guinea	41	1
175	Zimbabwe	40.4	3.6
176		39.7	0.8
177	Eritrea	38.9	2.8
178	Cuba	27.8	4.1
179		25.9	0.7
180		5.9	0.1

Key: ██ Free (80–100) ██ Mostly Free (70–79.9) ██ Moderately Free (60–69.9) ██ Mostly Unfree (50–59.9) ██ Repressed (0–49.9) 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
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
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
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
49 66.7 2.9
Albania 50 66.6 1.4
Peru 51 66.5 1.2
France 52 65.9 0.2
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
76 61.6 0.1
Greece 77 61.5 0.6
78 61.3 1.2
Seychelles 79 61.1 5.2
Philippines 80 61.1 3.0
Benin 81 61.0 1.4
82 61.0 10.6
Tonga 83 60.8 3.3
84 60.6 1.1
85 60.3 4.4
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
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
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
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
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
151 49.2 4.7
Egypt 152 49.1 6.6
Pakistan 153 48.8 2.9
Zambia 154 48.7 1.7
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
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
169 43.0 0.3
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
176 24.8 0.1
177 3.0 2.2