Economy > Economic freedom: Countries Compared
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DEFINITION:
Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Hong Kong | 89.3 | 2013 | ||
2 | Singapore | 88 | 2013 | ||
3 | Australia | 82.6 | 2013 | ||
4 | New Zealand | 81.4 | 2013 | ||
5 | Switzerland | 81 | 2013 | ||
6 | Canada | 79.4 | 2013 | ||
7 | Chile | 79 | 2013 | ||
8 | Mauritius | 76.9 | 2013 | ||
9 | Denmark | 76.1 | 2013 | ||
10 | United States | 76 | 2013 | ||
11 | Ireland | 75.7 | 2013 | ||
12 | Bahrain | 75.5 | 2013 | ||
13 | Estonia | 75.3 | 2013 | ||
14 | United Kingdom | 74.8 | 2013 | ||
15 | Luxembourg | 74.2 | 2013 | ||
16 | Finland | 74 | 2013 | ||
17 | Netherlands | 73.5 | 2013 | ||
18 | Sweden | 72.9 | 2013 | ||
19 | Germany | 72.8 | 2013 | ||
20 | Taiwan | 72.7 | 2013 | ||
21 | Georgia | 72.2 | 2013 | ||
=22 | Lithuania | 72.1 | 2013 | ||
=22 | Iceland | 72.1 | 2013 | ||
=24 | Austria | 71.8 | 2013 | ||
=24 | Japan | 71.8 | 2013 | ||
26 | Macau | 71.7 | 2013 | ||
27 | Qatar | 71.3 | 2013 | ||
28 | United Arab Emirates | 71.1 | 2013 | ||
29 | Czech Republic | 70.9 | 2013 | ||
30 | Botswana | 70.6 | 2013 | ||
31 | Norway | 70.5 | 2013 | ||
=32 | Jordan | 70.4 | 2013 | ||
=32 | Saint Lucia | 70.4 | 2013 | ||
34 | South Korea | 70.3 | 2013 | ||
35 | The Bahamas | 70.1 | 2013 | ||
36 | Uruguay | 69.7 | 2013 | ||
37 | Colombia | 69.6 | 2013 | ||
38 | Armenia | 69.4 | 2013 | ||
39 | Barbados | 69.3 | 2013 | ||
40 | Belgium | 69.2 | 2013 | ||
41 | Cyprus | 69 | 2013 | ||
42 | Slovakia | 68.7 | 2013 | ||
=43 | Republic of Macedonia | 68.2 | 2013 | ||
=43 | Peru | 68.2 | 2013 | ||
45 | Oman | 68.1 | 2013 | ||
46 | Spain | 68 | 2013 | ||
47 | Malta | 67.5 | 2013 | ||
48 | Hungary | 67.3 | 2013 | ||
=49 | Costa Rica | 67 | 2013 | ||
=49 | Mexico | 67 | 2013 | ||
51 | Israel | 66.9 | 2013 | ||
52 | Jamaica | 66.8 | 2013 | ||
=53 | El Salvador | 66.7 | 2013 | ||
=53 | Saint Vincent and the Grenadines | 66.7 | 2013 | ||
55 | Latvia | 66.5 | 2013 | ||
56 | Malaysia | 66.1 | 2013 | ||
57 | Poland | 66 | 2013 | ||
58 | Albania | 65.2 | 2013 | ||
59 | Romania | 65.1 | 2013 | ||
60 | Bulgaria | 65 | 2013 | ||
=61 | France | 64.1 | 2013 | ||
=61 | Rwanda | 64.1 | 2013 | ||
=61 | Thailand | 64.1 | 2013 | ||
64 | Dominica | 63.9 | 2013 | ||
65 | Cape Verde | 63.7 | 2013 | ||
=66 | Portugal | 63.1 | 2013 | ||
=66 | Kuwait | 63.1 | 2013 | ||
68 | Kazakhstan | 63 | 2013 | ||
69 | Turkey | 62.9 | 2013 | ||
70 | Montenegro | 62.6 | 2013 | ||
71 | Panama | 62.5 | 2013 | ||
72 | Trinidad and Tobago | 62.3 | 2013 | ||
73 | Madagascar | 62 | 2013 | ||
74 | South Africa | 61.8 | 2013 | ||
=75 | Slovenia | 61.7 | 2013 | ||
=75 | Mongolia | 61.7 | 2013 | ||
=77 | Ghana | 61.3 | 2013 | ||
=77 | Croatia | 61.3 | 2013 | ||
=79 | Paraguay | 61.1 | 2013 | ||
=79 | Uganda | 61.1 | 2013 | ||
81 | Sri Lanka | 60.7 | 2013 | ||
=82 | Italy | 60.6 | 2013 | ||
=82 | Saudi Arabia | 60.6 | 2013 | ||
84 | Namibia | 60.3 | 2013 | ||
85 | Guatemala | 60 | 2013 | ||
86 | Burkina Faso | 59.9 | 2013 | ||
=87 | Dominican Republic | 59.7 | 2013 | ||
=87 | Azerbaijan | 59.7 | 2013 | ||
=89 | Morocco | 59.6 | 2013 | ||
=89 | Kyrgyzstan | 59.6 | 2013 | ||
91 | Lebanon | 59.5 | 2013 | ||
92 | The Gambia | 58.8 | 2013 | ||
93 | Zambia | 58.7 | 2013 | ||
94 | Serbia | 58.6 | 2013 | ||
95 | Cambodia | 58.5 | 2013 | ||
96 | Honduras | 58.4 | 2013 | ||
97 | Philippines | 58.2 | 2013 | ||
98 | Tanzania | 57.9 | 2013 | ||
99 | Gabon | 57.8 | 2013 | ||
100 | Brazil | 57.7 | 2013 | ||
101 | Benin | 57.6 | 2013 | ||
=102 | Bosnia and Herzegovina | 57.3 | 2013 | ||
=102 | Belize | 57.3 | 2013 | ||
=104 | Swaziland | 57.2 | 2013 | ||
=104 | Fiji | 57.2 | 2013 | ||
106 | Samoa | 57.1 | 2013 | ||
107 | Tunisia | 57 | 2013 | ||
108 | Indonesia | 56.9 | 2013 | ||
=109 | Vanuatu | 56.6 | 2013 | ||
=109 | Nicaragua | 56.6 | 2013 | ||
111 | Mali | 56.4 | 2013 | ||
112 | Tonga | 56 | 2013 | ||
=113 | Yemen | 55.9 | 2013 | ||
=113 | Kenya | 55.9 | 2013 | ||
=115 | Moldova | 55.5 | 2013 | ||
=115 | Senegal | 55.5 | 2013 | ||
117 | Greece | 55.4 | 2013 | ||
118 | Malawi | 55.3 | 2013 | ||
119 | India | 55.2 | 2013 | ||
=120 | Nigeria | 55.1 | 2013 | ||
=120 | Pakistan | 55.1 | 2013 | ||
=122 | Mozambique | 55 | 2013 | ||
=122 | Bhutan | 55 | 2013 | ||
124 | Seychelles | 54.9 | 2013 | ||
125 | Egypt | 54.8 | 2013 | ||
126 | Cote d'Ivoire | 54.1 | 2013 | ||
=127 | Niger | 53.9 | 2013 | ||
=127 | Djibouti | 53.9 | 2013 | ||
129 | Guyana | 53.8 | 2013 | ||
130 | Papua New Guinea | 53.6 | 2013 | ||
131 | Tajikistan | 53.4 | 2013 | ||
132 | Bangladesh | 52.6 | 2013 | ||
=133 | Cameroon | 52.3 | 2013 | ||
=133 | Mauritania | 52.3 | 2013 | ||
135 | Suriname | 52 | 2013 | ||
136 | China | 51.9 | 2013 | ||
=137 | Guinea | 51.2 | 2013 | ||
=137 | Syria | 51.2 | 2012 | ||
=139 | Russia | 51.1 | 2013 | ||
=139 | Guinea-Bissau | 51.1 | 2013 | ||
141 | Vietnam | 51 | 2013 | ||
=142 | Central African Republic | 50.4 | 2013 | ||
=142 | Nepal | 50.4 | 2013 | ||
=144 | Laos | 50.1 | 2013 | ||
=144 | Federated States of Micronesia | 50.1 | 2013 | ||
146 | Algeria | 49.6 | 2013 | ||
147 | Ethiopia | 49.4 | 2013 | ||
148 | Liberia | 49.3 | 2013 | ||
=149 | Maldives | 49 | 2013 | ||
=149 | Burundi | 49 | 2013 | ||
151 | Togo | 48.8 | 2013 | ||
152 | Sierra Leone | 48.3 | 2013 | ||
153 | Haiti | 48.1 | 2013 | ||
154 | Belarus | 48 | 2013 | ||
=155 | Bolivia | 47.9 | 2013 | ||
=155 | Lesotho | 47.9 | 2013 | ||
157 | Comoros | 47.5 | 2013 | ||
158 | Angola | 47.3 | 2013 | ||
159 | Ecuador | 46.9 | 2013 | ||
160 | Argentina | 46.7 | 2013 | ||
161 | Ukraine | 46.3 | 2013 | ||
162 | Uzbekistan | 46 | 2013 | ||
163 | Kiribati | 45.9 | 2013 | ||
164 | Chad | 45.2 | 2013 | ||
165 | Solomon Islands | 45 | 2013 | ||
166 | East Timor | 43.7 | 2013 | ||
167 | Republic of the Congo | 43.5 | 2013 | ||
168 | Iran | 43.2 | 2013 | ||
169 | Turkmenistan | 42.6 | 2013 | ||
170 | Equatorial Guinea | 42.3 | 2013 | ||
171 | Democratic Republic of the Congo | 39.6 | 2013 | ||
172 | Burma | 39.2 | 2013 | ||
173 | Eritrea | 36.3 | 2013 | ||
174 | Venezuela | 36.1 | 2013 | ||
175 | Libya | 35.9 | 2012 | ||
176 | Zimbabwe | 28.6 | 2013 | ||
177 | Cuba | 28.5 | 2013 | ||
Group of 7 countries (G7) average (profile) | 2.83 | 2003 | |||
High income OECD countries average (profile) | 2.82 | 2003 | |||
Eurozone average (profile) | 2.73 | 2003 | |||
European Union average (profile) | 2.61 | 2003 | |||
NATO countries average (profile) | 2.49 | 2003 | |||
Non-religious countries average (profile) | 2.47 | 2003 | |||
Europe average (profile) | 2.35 | 2003 | |||
Cold countries average (profile) | 2.26 | 2003 | |||
Former Spanish colonies average (profile) | 2.03 | 2003 | |||
Emerging markets average (profile) | 2.01 | 2003 | |||
Middle Eastern and North Africa average (profile) | 1.93 | 2003 | |||
Religious countries average (profile) | 1.75 | 2003 | |||
Eastern Europe average (profile) | 1.74 | 2003 | |||
Former French colonies average (profile) | 1.74 | 2003 | |||
OPEC countries average (profile) | 1.73 | 2003 | |||
Muslim countries average (profile) | 1.69 | 2003 | |||
Former Soviet republics average (profile) | 1.66 | 2003 | |||
178 | North Korea | 1.5 | 2013 |
Citation
Interesting observations about Economy > Economic freedom
- Australia ranked first for economic freedom amongst Christian countries in 2013.
- Hong Kong ranked first for economic freedom amongst Hot countries in 2013.
- Switzerland ranked first for economic freedom amongst Europe in 2013.
- Denmark ranked first for economic freedom amongst European Union in 2013.
- Bahrain ranked first for economic freedom amongst Muslim countries in 2013.
- Canada ranked first for economic freedom amongst NATO countries in 2013.
- Chile ranked first for economic freedom amongst Emerging markets in 2013.
- Singapore ranked first for economic freedom amongst Former British colonies in 2013.
- Ireland ranked first for economic freedom amongst Eurozone in 2013.
- Madagascar ranked first for economic freedom amongst Former French colonies in 2013.
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Posted on 23 Dec 2010
Nick M
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Nice character attack. The credibility of the Heritage Foundation is irrelevant. Economic freedom does not mean political or social freedom. It means the freedom to trade. Socialism by its very definition opposes economic freedom.
Posted on 08 May 2010
Mike
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Posted on 30 Apr 2010
OK
0
Posted on 18 Mar 2010
Nicole
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Posted on 15 Feb 2010
sun
0
Posted on 02 Aug 2009
frellthat
0
Posted on 02 Aug 2009
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