Index of economic freedom. .

Index of economic freedom. Learn about the methodology, contributors, and major works of the 31st edition of the index. The creators of the index assert that they take an approach inspired by Adam Smith 's The Wealth of Nations, that "basic institutions that protect the liberty of individuals to pursue their own Explore the data of the Index of Economic Freedom, a measure of economic liberty and prosperity, by region, country, year, and indicator. . The United States’ economy is considered “mostly free” according to the 2025 Index. The Index of Economic Freedom is an annual index and ranking created in 1995 by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom in the world's nations. As stated by the Heritage Foundation, “In an economically free society, individuals are free to work, produce, consume, and invest in any way they please. May 30, 2025 · See the global ranking of economic freedom based on 12 factors, such as rule of law, government size, and open markets. Oct 16, 2024 · The annual index published in Economic Freedom of the World 2024 measures the degree to which people in 165 jurisdictions around the globe are allowed to make their own economic choices. In the year with the most recent data (2022), the most-economically free jurisdictions were Hong Kong (1st), Singapore (2nd), Switzerland (3rd), New Zealand (4th), the United States (5th), Denmark and Ireland The Economic Freedom Index (EFI) is published annually by the Heritage Foundation and evaluates economic freedom, defined as the ability of a country’s residents to control their own labor and property, in 184 countries. Singapore tops the list, followed by Switzerland, Ireland, and Taiwan. Customize your graph, export, embed, or view figures and reports. In economically The country’s economic freedom score is higher than the world and regional averages. Explore the global rankings and data of economic freedom and its impact on progress. itiwjhz vbt ftsmt oqtnm bxtywi ytop lzo sbiq isnxtv ynwowrl