FACTOID # 3: 72% of people in Mali earn less than $1 per day.
 
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Economy Statistics > Economic freedom (most recent) by country

VIEW DATA:   Totals  
Definition     Source      Printable version   
    Bar Graph   Map   Correlations  

Showing latest available data.
Rank   Countries  Amount  (top to bottom)   
#1   Hong Kong: 3.55 
#2   Singapore: 3.5 
#3   Luxembourg: 3.3 
#4   New Zealand: 3.3 
#5   Ireland: 3.25 
#6   Estonia: 3.2 
#7   Denmark: 3.2 
#8   United States: 3.2 
#9   Australia: 3.15 
#10   United Kingdom: 3.15 
#11   Sweden: 3.1 
#12   Iceland: 3.1 
#13   Finland: 3.1 
#14   Netherlands: 3.1 
#15   Switzerland: 3.05 
#16   Chile:
#17   Bahrain:
#18   Canada: 2.95 
#19   Austria: 2.9 
#20   Germany: 2.9 
#21   Belgium: 2.9 
#22   Cyprus: 2.85 
#23   Bahamas, The: 2.85 
#24   United Arab Emirates: 2.8 
#25   Barbados: 2.8 
#26   El Salvador: 2.75 
#27   Norway: 2.7 
#28   Taiwan: 2.7 
#29   Spain: 2.65 
#30   Lithuania: 2.65 
#31   Italy: 2.65 
#32   Portugal: 2.6 
#33   Israel: 2.55 
#34   Latvia: 2.55 
#35   Japan: 2.5 
#36   Botswana: 2.5 
#37   Uruguay: 2.5 
#38   Czech Republic: 2.5 
#39   Cambodia: 2.5 
#40   Thailand: 2.45 
#41   Kuwait: 2.45 
#42   France: 2.45 
#43   Trinidad and Tobago: 2.4 
#44   Qatar: 2.35 
#45   South Africa: 2.35 
#46   Costa Rica: 2.35 
#47   Madagascar: 2.35 
#48   Hungary: 2.35 
#49   Armenia: 2.35 
#50   Panama: 2.35 
#51   Bolivia: 2.35 
#52   Namibia: 2.3 
#53   Korea, South: 2.3 
#54   Malta: 2.3 
#55   Belize: 2.25 
#56   Greece: 2.2 
#57   Oman: 2.2 
#58   Jamaica: 2.2 
#59   Mexico: 2.2 
#60   Guatemala: 2.2 
#61   Samoa: 2.2 
#62   Peru: 2.2 
#63   Slovenia: 2.15 
#64   Jordan: 2.15 
#65   Philippines: 2.15 
#66   Uganda: 2.15 
#67   Poland: 2.1 
#68   Slovakia: 2.1 
#69   Morocco: 2.05 
#70   Tunisia: 2.05 
#71   Argentina: 2.05 
#72   Saudi Arabia: 2.05 
#73   Malaysia:
#74   Nicaragua:
#75   Swaziland:
#76   Colombia:
#77   Mongolia:
#78   Brazil:
#79   Mauritius:
#80   Mali:
#81   Honduras: 1.95 
#82   Sri Lanka: 1.95 
#83   Central African Republic: 1.95 
#84   Cote d'Ivoire: 1.95 
#85   Senegal: 1.95 
#86   Kenya: 1.9 
#87   Guinea: 1.9 
#88   Mauritania: 1.9 
#89   Dominican Republic: 1.9 
#90   Cape Verde: 1.85 
#91   Gabon: 1.85 
#92   Croatia: 1.85 
#93   Guyana: 1.8 
#94   Moldova: 1.8 
#95   Algeria: 1.75 
#96   Lebanon: 1.75 
#97   Burkina Faso: 1.75 
#98   Mozambique: 1.75 
#99   Macedonia, The Former Yugoslav Republic of: 1.75 
#100   Pakistan: 1.7 
#101   Indonesia: 1.7 
#102   Paraguay: 1.7 
#103   Djibouti: 1.7 
#104   Gambia, The: 1.7 
#105   Cameroon: 1.65 
#106   Albania: 1.65 
#107   Kyrgyzstan: 1.65 
#108   Benin: 1.65 
#109   Bulgaria: 1.65 
#110   Azerbaijan: 1.65 
#111   Egypt: 1.65 
#112   Lesotho: 1.65 
#113   Tanzania: 1.65 
#114   Fiji: 1.6 
#115   Georgia: 1.6 
#116   Niger: 1.6 
#117   Ghana: 1.6 
#118   Chad: 1.6 
#119   Ecuador: 1.55 
#120   India: 1.5 
#121   Zambia: 1.5 
#122   Bangladesh: 1.5 
#123   Venezuela: 1.5 
#124   Kazakhstan: 1.5 
#125   Nepal: 1.5 
#126   Turkey: 1.5 
#127   Ethiopia: 1.5 
#128   Papua New Guinea: 1.45 
#129   China: 1.45 
#130   Haiti: 1.4 
#131   Togo: 1.4 
#132   Equatorial Guinea: 1.4 
#133   Ukraine: 1.35 
#134   Malawi: 1.35 
#135   Yemen: 1.35 
#136   Rwanda: 1.35 
#137   Russia: 1.3 
#138   Vietnam: 1.3 
#139   Romania: 1.25 
#140   Bosnia and Herzegovina: 1.2 
#141   Sierra Leone: 1.15 
#142   Nigeria: 1.15 
#143   Guinea-Bissau: 1.1 
#144   Suriname: 1.05 
#145   Tajikistan: 1.05 
#146   Syria: 1.05 
#147   Iran: 0.85 
#148   Turkmenistan: 0.85 
#149   Burma: 0.8 
#150   Uzbekistan: 0.75 
#151   Belarus: 0.7 
#152   Libya: 0.7 
#153   Laos: 0.6 
#154   Zimbabwe: 0.6 
#155   Cuba: 0.55 
#156   Korea, North:
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.

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COMMENTARY     

Nick Court (Melksham, Wiltshire, U.K)
22nd July 2006
Interesting, yet unsurprising to see how all countries adopting a Marxist system/ideology (Libya, Laos, Cuba, to a lesser extent China, and to a greater extent North Korea, which has for decades suffered as direct result of doctrinaire socialism and repressive Stalinism pursued by its regime) have the least economic freedom.
Nasir (Pakistan)
15th August 2007
This is an amazing site. Its is very helpful for people doing research and analysis. It has data on varity of variables.
Golosha (Canada)
17th September 2007
Wow, pretty amazing that all the countries that the U.S. deems as enemies are ranked lowest by a U.S. government funded agency.
There are 7 more (non-authoritative) comments on this page

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