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Economy > Economic freedom: Countries Compared

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

# COUNTRY AMOUNT DATE GRAPH
1 Hong KongHong Kong 3.55 2003
2 SingaporeSingapore 3.5 2003
3 LuxembourgLuxembourg 3.3 2003
4 New ZealandNew Zealand 3.3 2003
5 IrelandIreland 3.25 2003
6 DenmarkDenmark 3.2 2003
7 EstoniaEstonia 3.2 2003
8 United StatesUnited States 3.2 2003
9 AustraliaAustralia 3.15 2003
10 United KingdomUnited Kingdom 3.15 2003
11 NetherlandsNetherlands 3.1 2003
12 FinlandFinland 3.1 2003
13 SwedenSweden 3.1 2003
14 IcelandIceland 3.1 2003
15 SwitzerlandSwitzerland 3.05 2003
16 BahrainBahrain 3 2003
17 ChileChile 3 2003
18 CanadaCanada 2.95 2003
19 AustriaAustria 2.9 2003
20 BelgiumBelgium 2.9 2003
21 GermanyGermany 2.9 2003
22 The BahamasThe Bahamas 2.85 2003
23 CyprusCyprus 2.85 2003
24 BarbadosBarbados 2.8 2003
25 United Arab EmiratesUAE 2.8 2003
26 El SalvadorEl Salvador 2.75 2003
27 NorwayNorway 2.7 2003
28 TaiwanTaiwan 2.7 2003
29 ItalyItaly 2.65 2003
30 LithuaniaLithuania 2.65 2003
31 SpainSpain 2.65 2003
32 PortugalPortugal 2.6 2003
33 IsraelIsrael 2.55 2003
34 LatviaLatvia 2.55 2003
35 BotswanaBotswana 2.5 2003
36 CambodiaCambodia 2.5 2003
37 Czech RepublicCzech Republic 2.5 2003
38 JapanJapan 2.5 2003
39 UruguayUruguay 2.5 2003
40 FranceFrance 2.45 2003
41 ThailandThailand 2.45 2003
42 KuwaitKuwait 2.45 2003
43 Trinidad and TobagoTrinidad+ 2.4 2003
44 MadagascarMadagascar 2.35 2003
45 PanamaPanama 2.35 2003
46 Costa RicaCosta Rica 2.35 2003
47 QatarQatar 2.35 2003
48 HungaryHungary 2.35 2003
49 BoliviaBolivia 2.35 2003
50 ArmeniaArmenia 2.35 2003
51 South AfricaSouth Africa 2.35 2003
52 South KoreaSouth Korea 2.3 2003
53 MaltaMalta 2.3 2003
54 NamibiaNamibia 2.3 2003
55 BelizeBelize 2.25 2003
56 MexicoMexico 2.2 2003
57 GreeceGreece 2.2 2003
58 GuatemalaGuatemala 2.2 2003
59 OmanOman 2.2 2003
60 SamoaSamoa 2.2 2003
61 JamaicaJamaica 2.2 2003
62 PeruPeru 2.2 2003
63 PhilippinesPhilippines 2.15 2003
64 JordanJordan 2.15 2003
65 SloveniaSlovenia 2.15 2003
66 UgandaUganda 2.15 2003
67 SlovakiaSlovakia 2.1 2003
68 PolandPoland 2.1 2003
69 MoroccoMorocco 2.05 2003
70 ArgentinaArgentina 2.05 2003
71 Saudi ArabiaSaudi Arabia 2.05 2003
72 TunisiaTunisia 2.05 2003
73 SwazilandSwaziland 2 2003
74 MauritiusMauritius 2 2003
75 MalaysiaMalaysia 2 2003
76 ColombiaColombia 2 2003
77 MongoliaMongolia 2 2003
78 MaliMali 2 2003
79 BrazilBrazil 2 2003
80 NicaraguaNicaragua 2 2003
81 Central African RepublicCentral Africa 1.95 2003
82 SenegalSenegal 1.95 2003
83 Cote d'IvoireCote d'Ivoire 1.95 2003
84 HondurasHonduras 1.95 2003
85 Sri LankaSri Lanka 1.95 2003
86 Dominican RepublicDominican Rep. 1.9 2003
87 GuineaGuinea 1.9 2003
88 MauritaniaMauritania 1.9 2003
89 KenyaKenya 1.9 2003
90 Cape VerdeCape Verde 1.85 2003
91 GabonGabon 1.85 2003
92 CroatiaCroatia 1.85 2003
93 MoldovaMoldova 1.8 2003
94 GuyanaGuyana 1.8 2003
95 Burkina FasoBurkina Faso 1.75 2003
96 LebanonLebanon 1.75 2003
97 Republic of MacedoniaMacedonia Rep. 1.75 2003
98 MozambiqueMozambique 1.75 2003
99 AlgeriaAlgeria 1.75 2003
100 IndonesiaIndonesia 1.7 2003
101 ParaguayParaguay 1.7 2003
102 The GambiaThe Gambia 1.7 2003
103 PakistanPakistan 1.7 2003
104 DjiboutiDjibouti 1.7 2003
105 CameroonCameroon 1.65 2003
106 TanzaniaTanzania 1.65 2003
107 AlbaniaAlbania 1.65 2003
108 AzerbaijanAzerbaijan 1.65 2003
109 LesothoLesotho 1.65 2003
110 BeninBenin 1.65 2003
111 BulgariaBulgaria 1.65 2003
112 EgyptEgypt 1.65 2003
113 KyrgyzstanKyrgyzstan 1.65 2003
114 GeorgiaGeorgia 1.6 2003
115 FijiFiji 1.6 2003
116 GhanaGhana 1.6 2003
117 ChadChad 1.6 2003
118 NigerNiger 1.6 2003
119 EcuadorEcuador 1.55 2003
120 EthiopiaEthiopia 1.5 2003
121 TurkeyTurkey 1.5 2003
122 BangladeshBangladesh 1.5 2003
123 NepalNepal 1.5 2003
124 VenezuelaVenezuela 1.5 2003
125 IndiaIndia 1.5 2003
126 ZambiaZambia 1.5 2003
127 KazakhstanKazakhstan 1.5 2003
128 Papua New GuineaPapua NG 1.45 2003
129 ChinaChina 1.45 2003
130 Equatorial GuineaEqu. Guinea 1.4 2003
131 TogoTogo 1.4 2003
132 HaitiHaiti 1.4 2003
133 MalawiMalawi 1.35 2003
134 RwandaRwanda 1.35 2003
135 YemenYemen 1.35 2003
136 UkraineUkraine 1.35 2003
137 VietnamVietnam 1.3 2003
138 RussiaRussia 1.3 2003
139 RomaniaRomania 1.25 2003
140 Bosnia and HerzegovinaBosnia+ 1.2 2003
141 NigeriaNigeria 1.15 2003
142 Sierra LeoneSierra Leone 1.15 2003
143 Guinea-BissauGuinea-Bissau 1.1 2003
144 TajikistanTajikistan 1.05 2003
145 SurinameSuriname 1.05 2003
146 SyriaSyria 1.05 2003
147 TurkmenistanTurkmenistan 0.85 2003
148 IranIran 0.85 2003
149 BurmaBurma 0.8 2003
150 UzbekistanUzbekistan 0.75 2003
151 LibyaLibya 0.7 2003
152 BelarusBelarus 0.7 2003
153 ZimbabweZimbabwe 0.6 2003
154 LaosLaos 0.6 2003
155 CubaCuba 0.55 2003
156 North KoreaNorth Korea 0.0 2003

Citation

"All countries compared for Economy > Economic freedom", The Heritage Foundation. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Economic-freedom

Economy > Economic freedom: Countries Compared Map

NationMaster

0

Zealots, step aside, please. Invasions of Iraq, torture, etc, has nothing to do with economic freedom. Please remove your radical agenda from the facts. Economic freedom is something completely separate from any social cause.

Posted on 23 Dec 2010

Nick M

Nick M

0



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

Mike

0

If there are some issues with the credibility of the heritage foundation...the list is not ridiculous....nationmaster can cite the Fraser institutes index of economic freedom

Posted on 30 Apr 2010

OK

OK

0

People in Cuba do not need to be able to "afford" health care. Cuba has free health care and it is actually a very good health care system. This is merely an observation of the health care system not on any other government policy.

Posted on 18 Mar 2010

Nicole

Nicole

0

The "source" given for this information is the Heritage Foundation, which is a US-based right-wing political advocacy group who (among other things) pushed for the invasion of Iraq, authorization of torture, etc. They are NOT a reputable source of information, especially in economics. That is why this list looks so ridiculous to anyone who has studied the issue with any depth

Posted on 15 Feb 2010

sun

sun

0

The "source" given for this information is the Heritage Foundation, which is a US-based right-wing political advocacy group who (among other things) pushed for the invasion of Iraq, authorization of torture, etc. They are NOT a reputable source of information, especially in economics. That is why this list looks so ridiculous to anyone who has studied the issue with any depth.

Posted on 02 Aug 2009

frellthat

frellthat

0

The source for this survey is the right-wing Heritage Foundation, which is a political advocacy group that pushed for the invasion of Iraq and is NOT any kind of reputable source of information. The last time I was on this website, this table looked completely different, with the United States lagging behind most of Europe and Canada. Why was the information changed and why has it not been restored to its correct form?

Posted on 02 Aug 2009

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