FACTOID # 9: Three of the top ten countries for GDP per capita are island nations: Bermuda, Cayman Islands, and Iceland.
 
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Economy Statistics > Economic freedom (most recent) by country

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Showing latest available data.
Rank   Countries  Amount 
# 1     Hong Kong: 3.55 
# 2     Singapore: 3.5 
= 3     New Zealand: 3.3 
= 3     Luxembourg: 3.3 
# 5     Ireland: 3.25 
= 6     United States: 3.2 
= 6     Estonia: 3.2 
= 6     Denmark: 3.2 
= 9     Australia: 3.15 
= 9     United Kingdom: 3.15 
= 11     Finland: 3.1 
= 11     Netherlands: 3.1 
= 11     Iceland: 3.1 
= 11     Sweden: 3.1 
# 15     Switzerland: 3.05 
= 16     Chile: 3 
= 16     Bahrain: 3 
# 18     Canada: 2.95 
= 19     Germany: 2.9 
= 19     Belgium: 2.9 
= 19     Austria: 2.9 
= 22     Cyprus: 2.85 
= 22     Bahamas, The: 2.85 
= 24     Barbados: 2.8 
= 24     United Arab Emirates: 2.8 
# 26     El Salvador: 2.75 
= 27     Norway: 2.7 
= 27     Taiwan: 2.7 
= 29     Lithuania: 2.65 
= 29     Italy: 2.65 
= 29     Spain: 2.65 
# 32     Portugal: 2.6 
= 33     Latvia: 2.55 
= 33     Israel: 2.55 
= 35     Uruguay: 2.5 
= 35     Cambodia: 2.5 
= 35     Japan: 2.5 
= 35     Botswana: 2.5 
= 35     Czech Republic: 2.5 
= 40     Thailand: 2.45 
= 40     France: 2.45 
= 40     Kuwait: 2.45 
# 43     Trinidad and Tobago: 2.4 
= 44     Bolivia: 2.35 
= 44     South Africa: 2.35 
= 44     Qatar: 2.35 
= 44     Madagascar: 2.35 
= 44     Panama: 2.35 
= 44     Costa Rica: 2.35 
= 44     Hungary: 2.35 
= 44     Armenia: 2.35 
= 52     Namibia: 2.3 
= 52     Korea, South: 2.3 
= 52     Malta: 2.3 
# 55     Belize: 2.25 
= 56     Peru: 2.2 
= 56     Guatemala: 2.2 
= 56     Mexico: 2.2 
= 56     Jamaica: 2.2 
= 56     Oman: 2.2 
= 56     Samoa: 2.2 
= 56     Greece: 2.2 
= 63     Jordan: 2.15 
= 63     Slovenia: 2.15 
= 63     Uganda: 2.15 
= 63     Philippines: 2.15 
= 67     Slovakia: 2.1 
= 67     Poland: 2.1 
= 69     Saudi Arabia: 2.05 
= 69     Morocco: 2.05 
= 69     Tunisia: 2.05 
= 69     Argentina: 2.05 
= 73     Nicaragua: 2 
= 73     Malaysia: 2 
= 73     Swaziland: 2 
= 73     Mauritius: 2 
= 73     Mongolia: 2 
= 73     Mali: 2 
= 73     Brazil: 2 
= 73     Colombia: 2 
= 81     Central African Republic: 1.95 
= 81     Senegal: 1.95 
= 81     Honduras: 1.95 
= 81     Cote d'Ivoire: 1.95 
= 81     Sri Lanka: 1.95 
= 86     Mauritania: 1.9 
= 86     Kenya: 1.9 
= 86     Guinea: 1.9 
= 86     Dominican Republic: 1.9 
= 90     Cape Verde: 1.85 
= 90     Croatia: 1.85 
= 90     Gabon: 1.85 
= 93     Moldova: 1.8 
= 93     Guyana: 1.8 
= 95     Lebanon: 1.75 
= 95     Mozambique: 1.75 
= 95     Macedonia, The Former Yugoslav Republic of: 1.75 
= 95     Algeria: 1.75 
= 95     Burkina Faso: 1.75 
= 100     Gambia, The: 1.7 
= 100     Paraguay: 1.7 
= 100     Indonesia: 1.7 
= 100     Djibouti: 1.7 
= 100     Pakistan: 1.7 
= 105     Bulgaria: 1.65 
= 105     Albania: 1.65 
= 105     Egypt: 1.65 
= 105     Tanzania: 1.65 
= 105     Lesotho: 1.65 
= 105     Benin: 1.65 
= 105     Kyrgyzstan: 1.65 
= 105     Azerbaijan: 1.65 
= 105     Cameroon: 1.65 
= 114     Georgia: 1.6 
= 114     Niger: 1.6 
= 114     Ghana: 1.6 
= 114     Fiji: 1.6 
= 114     Chad: 1.6 
# 119     Ecuador: 1.55 
= 120     Bangladesh: 1.5 
= 120     Nepal: 1.5 
= 120     Venezuela: 1.5 
= 120     Kazakhstan: 1.5 
= 120     India: 1.5 
= 120     Turkey: 1.5 
= 120     Ethiopia: 1.5 
= 120     Zambia: 1.5 
= 128     China: 1.45 
= 128     Papua New Guinea: 1.45 
= 130     Equatorial Guinea: 1.4 
= 130     Togo: 1.4 
= 130     Haiti: 1.4 
= 133     Yemen: 1.35 
= 133     Malawi: 1.35 
= 133     Ukraine: 1.35 
= 133     Rwanda: 1.35 
= 137     Vietnam: 1.3 
= 137     Russia: 1.3 
# 139     Romania: 1.25 
# 140     Bosnia and Herzegovina: 1.2 
= 141     Nigeria: 1.15 
= 141     Sierra Leone: 1.15 
# 143     Guinea-Bissau: 1.1 
= 144     Tajikistan: 1.05 
= 144     Suriname: 1.05 
= 144     Syria: 1.05 
= 147     Turkmenistan: 0.85 
= 147     Iran: 0.85 
# 149     Burma: 0.8 
# 150     Uzbekistan: 0.75 
= 151     Libya: 0.7 
= 151     Belarus: 0.7 
= 153     Laos: 0.6 
= 153     Zimbabwe: 0.6 
# 155     Cuba: 0.55 
# 156     Korea, North: 0 
Weighted average: 2.0  


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.

SOURCE: The Heritage Foundation

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CITATION

"Economic freedom by country", The Heritage Foundation. Retrieved from http://www.NationMaster.com/graph/eco_eco_fre-economy-economic-freedom

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COMMENTARY     

Nick M
23rd December 2010 		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.
Mike
8th May 2010

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.
OK
29th April 2010 		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
Nicole
17th March 2010 		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.
sun
14th February 2010 		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
frellthat
2nd August 2009 		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.
Factcheck
2nd August 2009 		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?
There are 12 more (non-authoritative) comments on this page

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