This chart presents the global rankings of countries based on the Economic Freedom Index from 1995 to 2024. The Economic Freedom Index evaluates each country's economic freedom and market competitiveness. The chart is designed to compare the changes in the Economic Freedom Index across different countries, providing insights into shifts in economic policies and market structures.
Global Economic Freedom Index Rankings, 1995 to 2024
This chart presents the global rankings of countries based on the Economic Freedom Index from 1995 to 2024.
Data Source: The Heritage Foundation
Image Source: Freepik from www.flaticon.com
The Economic Freedom Index is a measure of economic freedom that assesses a country's economic policies and institutions. It considers factors such as property rights, barriers to market entry, and government regulation.
| Rank | Name | Indicator |
|---|---|---|
1 |  Singapore | 84 pts |
2 |  Switzerland | 83 pts |
3 |  Ireland | 83 pts |
4 |  Taiwan | 80 pts |
5 |  Luxembourg | 79 pts |
6 |  Denmark | 78 pts |
6 |  Estonia | 78 pts |
6 |  New Zealand | 78 pts |
9 |  Norway | 78 pts |
9 |  Sweden | 78 pts |
11 |  Netherlands | 77 pts |
12 |  Finland | 76 pts |
13 |  Australia | 76 pts |
14 |  South Korea | 73 pts |
15 |  Lithuania | 73 pts |
16 |  Canada | 72 pts |
17 |  Cyprus | 72 pts |
18 |  Germany | 72 pts |
19 |  Latvia | 72 pts |
19 |  Mauritius | 72 pts |
