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2015 Index of Economic Freedom

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This chart shows the Economic Freedom Index for the year 2015 by Country.

The Index of Economic Freedom is an annual index and ranking created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world's nations. The creators of the index took an approach similar to Adam Smith's in The Wealth of Nations, that "basic institutions that protect the liberty of individuals to pursue their own economic interests result in greater prosperity for the larger society".

The Index's 2008 definition of economic freedom is "The highest form of economic freedom provides an absolute right of property ownership, fully realized freedoms of movement for labor, capital, and goods, and an absolute absence of coercion or constraint of economic liberty beyond the extent necessary for citizens to protect and maintain liberty itself."

The index scores nations on 10 broad factors of economic freedom using statistics from organizations like the World Bank, the International Monetary Fund and the Economist Intelligence Unit:

Business Freedom
Trade Freedom
Monetary Freedom
Government Size/Spending
Fiscal Freedom
Property Rights
Investment Freedom
Financial Freedom
Freedom from Corruption
Labor Freedom

The 10 factors are averaged equally into a total score. Each one of the 10 freedoms is graded using a scale from 0 to 100, where 100 represents the maximum freedom. A score of 100 signifies an economic environment or set of policies that is most conducive to economic freedom. The methodology has shifted and changed as new data and measurements have become available, especially in the area of Labor freedom, which was given its own indicator spot in 2007.

Last updated: 8 years ago

Category: Economic

Country	Rank - 2015	Score - 2015	Change in Score(2014 - 2015)	Rank - 2014	Score - 2014	Rank - 2013	Score - 2013
Hong Kong	1	89.6	-0.5	1	90.1	1	89.3
Singapore	2	89.4	0.9	2	89.4	2	88
New Zealand	3	82.1	-0.6	5	81.2	4	81.4
Australia	4	81.4	-1.1	3	82	3	82.6
Switzerland	5	80.5	-1.1	4	81.6	5	81
Canada	6	79.1	-0.2	6	80.2	6	79.4
Chile	7	78.5	0.9	7	78.7	7	79
Estonia	8	76.8	0.4	11	75.9	13	75.3
Ireland	9	76.6	-0.1	9	76.2	11	75.7
Mauritius	10	76.4	0.2	8	76.5	8	76.9
Denmark	11	76.3	0.7	10	76.1	9	76.1
United States	12	76.2	0.9	12	75.5	10	76
United Kingdom	13	75.8	1.2	14	74.9	14	74.8
Taiwan	14	75.1	1.7	17	73.9	20	72.7
Lithuania	15	74.7	0.4	21	73	22	72.1
Germany	16	73.8	-0.5	18	73.4	19	72.8
Netherlands	17	73.7	-1.7	15	74.2	17	73.5
Bahrain	18	73.4	0.9	13	75.1	12	75.5
Finland	19	73.4	-1	19	73.4	16	74
Japan	20	73.3	0.4	25	72.4	24	71.8
Luxembourg	21	73.2	-0.4	16	74.2	15	74.2
Georgia	22	73	0.3	22	72.6	21	72.2
Sweden	23	72.7	1	20	73.1	18	72.9
Czech Republic	24	72.5	-0.4	26	72.2	29	70.9
United Arab Emirates	25	72.4	0.9	28	71.4	28	71.1
Iceland	26	72	1	23	72.4	23	72.1
Norway	27	71.8	0.3	32	70.9	31	70.5
Colombia	28	71.7	-1.2	34	70.7	37	69.6
South Korea	29	71.5	1.2	31	71.2	34	70.3
Austria	30	71.2	-0.4	24	72.4	25	71.8
Malaysia	31	70.8	2.1	37	69.6	56	66.1
Qatar	32	70.8	-1	30	71.2	27	71.3
Israel	33	70.5	-0.5	44	68.4	51	66.9
Macau	34	70.3	-2.2	29	71.3	26	71.7
Saint Lucia	35	70.2	1	33	70.7	32	70.4
Botswana	36	69.8	0.1	27	72	30	70.6
Latvia	37	69.7	-0.1	42	68.7	55	66.5
Jordan	38	69.3	-1.1	39	69.2	33	70.4
Brunei	39	68.9	-1.1	40	69
Belgium	40	68.8	1.6	35	69.9	40	69.2
Bahamas	41	68.7	-0.7	36	69.8	35	70.1
Poland	42	68.6	1	50	67	57	66
Uruguay	43	68.6	0.3	38	69.3	36	69.7
Saint Vincent and the Grenadines	44	68	-0.4	52	67	54	66.7
Cyprus	45	67.9	0.3	46	67.6	41	69
Barbados	46	67.9	1	45	68.3	39	69.3
Peru	47	67.7	0.4	47	67.4	44	68.2
Jamaica	48	67.7	0.8	56	66.7	52	66.8
Spain	49	67.6	0.3	49	67.2	46	68
Slovakia	50	67.2	-1.8	57	66.4	42	68.7
Costa Rica	51	67.2	-1.5	53	66.9	49	67
Armenia	52	67.1	-0.2	41	68.9	38	69.4
Macedonia	53	67.1	1.1	43	68.6	43	68.2
Hungary	54	66.8	-0.7	51	67	48	67.3
Bulgaria	55	66.8	1.1	61	65.7	60	65
Oman	56	66.7	0.1	48	67.4	45	68.1
Romania	57	66.6	-0.4	62	65.5	59	65.1
Malta	58	66.5	0.3	58	66.4	47	67.5
Mexico	59	66.4	0.9	55	66.8	50	67
Cape Verde	60	66.4	-0.5	60	66.1	65	63.7
Dominica	61	66.1	-1.2	63	65.2	64	63.9
El Salvador	62	65.7	1.8	59	66.2	53	66.7
Albania	63	65.7	0.1	54	66.9	58	65.2
Portugal	64	65.3	1.1	69	63.5	67	63.1
Rwanda	65	64.8	1.4	65	64.7	63	64.1
Montenegro	66	64.7	0.7	68	63.6	70	62.6
Trinidad and Tobago	67	64.1	-0.4	73	62.7	72	62.3
Panama	68	64.1	-1.7	71	63.4	71	62.5
Kazakhstan	69	63.3	-1.2	67	63.7	68	63
Turkey	70	63.2	0.1	64	64.9	69	62.9
Ghana	71	63	-1	66	64.2	77	61.3
South Africa	72	62.6	0.2	75	62.5	74	61.8
France	73	62.5	-0.9	70	63.5	62	64.1
Kuwait	74	62.5	2.1	76	62.3	66	63.1
Thailand	75	62.4	-0.1	72	63.3	61	64.1
Philippines	76	62.2	0.8	89	60.1	97	58.2
Saudi Arabia	77	62.1	0.8	77	62.2	82	60.6
Samoa	78	61.9	1.1	84	61.1	106	57.1
Madagascar	79	61.7	0.2	79	61.7	73	62
Italy	80	61.7	-0.9	86	60.9	83	60.6
Croatia	81	61.5	1.6	87	60.4	78	61.3
Kyrgyzstan	82	61.3	-0.3	85	61.1	89	59.6
Paraguay	83	61.1	-0.3	78	62	80	61.1
Vanuatu	84	61.1	-0.8	93	59.5	109	56.6
Azerbaijan	85	61	-2.4	81	61.3	88	59.7
Dominican Republic	86	61	1.8	80	61.3	87	59.7
Guatemala	87	60.4	0.6	83	61.2	85	60
Slovenia	88	60.3	-1.3	74	62.7	76	61.7
Morocco	89	60.1	-0.2	103	58.3	90	59.6
Serbia	90	60	0.2	95	59.4	94	58.6
Swaziland	91	59.9	-0.1	82	61.2	104	57.2
Uganda	92	59.7	1.1	91	59.9	79	61.1
Namibia	93	59.6	0.3	94	59.4	84	60.3
Lebanon	94	59.3	0.6	96	59.4	91	59.5
Tonga	95	59.3	0.3	104	58.2	112	56
Mongolia	96	59.2	1.7	97	58.9	75	61.7
Bosnia and Herzegovina	97	59	-1.7	101	58.4	103	57.3
Fiji	98	59	-1.4	99	58.7	105	57.2
Benin	99	58.8	-0.3	113	57.1	101	57.6
Zambia	100	58.7	0.8	88	60.4	93	58.7
Sri Lanka	101	58.6	0.5	90	60	81	60.7
Burkina Faso	102	58.6	-0.4	98	58.9	86	59.9
Ivory Coast	103	58.5	2.4	107	57.7	126	54.1
Gabon	104	58.3	0.4	105	57.8	99	57.8
Indonesia	105	58.1	-0.8	100	58.5	108	56.9
Senegal	106	57.8	-0.3	125	55.4	116	55.5
Tunisia	107	57.7	0.1	109	57.3	107	57
Nicaragua	108	57.6	0.2	102	58.4	110	56.6
Tanzania	109	57.5	1.6	106	57.8	98	57.9
Cambodia	110	57.5	-2	108	57.4	95	58.5
Moldova	111	57.5	1.3	110	57.3	115	55.5
Djibouti	112	57.5	0.7	118	55.9	127	53.9
Gambia	113	57.5	0.3	92	59.5	92	58.8
Seychelles	114	57.5	0.1	117	56.2	124	54.9
Bhutan	115	57.4	-0.3	116	56.7	122	55
Honduras	116	57.4	0.9	112	57.1	96	58.4
Belize	117	56.8	1.3	115	56.7	102	57.3
Brazil	118	56.6	0.4	114	56.9	100	57.7
Mali	119	56.4	-1.5	122	55.5	111	56.4
Nigeria	120	55.6	-0.2	129	54.3	120	55.1
Pakistan	121	55.6	2.3	126	55.2	121	55.1
Kenya	122	55.6	-0.2	111	57.1	114	55.9
Guyana	123	55.5	-0.6	121	55.7	129	53.8
Egypt	124	55.2	-0.5	135	52.9	125	54.8
Mozambique	125	54.8	-1.1	128	55	123	55
Malawi	126	54.8	-1.7	124	55.4	118	55.3
Niger	127	54.6	-0.2	127	55.1	128	53.9
India	128	54.6	2.3	120	55.7	119	55.2
Suriname	129	54.2	-1.8	130	54.2	135	52
Greece	130	54	2.4	119	55.7	117	55.4
Bangladesh	131	53.9	0.1	131	54.1	132	52.6
Burundi	132	53.7	4.5	141	51.4	148	49
Yemen	133	53.7	-0.8	123	55.5	113	55.9
Maldives	134	53.4	3.1	145	51	149	49
Mauritania	135	53.3	0.2	134	53.2	134	52.3
Sao Tomé and Príncipe	136	53.3	0.7	157	48.8	153	48
Papua New Guinea	137	53.1	0.3	132	53.9	130	53.6
Togo	138	53	0.7	152	49.9	150	48.8
China	139	52.7	0.2	137	52.5	136	51.9
Tajikistan	140	52.7	-1.4	139	52	131	53.4
Liberia	141	52.7	0.7	138	52.4	147	49.3
Comoros	142	52.1	-0.7	142	51.4	157	47.5
Russia	143	52.1	1.2	140	51.9	139	51.1
Guinea	144	52.1	0.9	133	53.5	137	51.2
Guinea-Bissau	145	52	1.5	143	51.3	138	51.1
Cameroon	146	51.9	0.2	136	52.6	133	52.3
Sierra Leone	147	51.7	2.4	148	50.5	151	48.3
Vietnam	148	51.7	1.2	147	50.8	140	51
Ethiopia	149	51.5	-0.3	151	50	146	49.4
Laos	150	51.4	-0.2	144	51.2	144	50.1
Haiti	151	51.3	0.1	156	48.9	152	48.1
Nepal	152	51.3	1.2	149	50.1	141	50.4
Belarus	153	49.8	-1.9	150	50.1	154	48
Micronesia	154	49.6	0.2	153	49.8	143	50.1
Lesotho	155	49.6	0.8	154	49.5	155	47.9
Ecuador	156	49.2	0.5	159	48	159	46.9
Algeria	157	48.9	0.4	146	50.8	145	49.6
Angola	158	47.9	-2.4	160	47.7	158	47.3
Solomon Islands	159	47	-1.6	165	46.2	165	45
Uzbekistan	160	47	0.1	163	46.5	162	46
Myanmar	161	46.9	1.4	162	46.5	172	39.2
Ukraine	162	46.9	-0.8	155	49.3	161	46.3
Bolivia	163	46.8	2.3	158	48.4	156	47.9
Kiribati	164	46.4	4.4	164	46.3	163	45.9
Chad	165	45.9	-0.5	167	44.5	164	45.2
Central African Republic	166	45.9	-1	161	46.7	142	50.4
Timor-Leste	167	45.5	1.5	170	43.2	166	43.7
Republic of the Congo	168	45	-0.8	172	40.6	171	39.6
Argentina	169	44.1	-4	166	44.6	160	46.7
Democratic Republic of the Congo	170	42.7	0.4	169	43.7	167	43.5
Iran	171	41.8	2.1	173	40.3	168	43.2
Turkmenistan	172	41.4	-2	171	42.2	169	42.6
Equatorial Guinea	173	40.4	0.9	168	44.4	170	42.3
Eritrea	174	38.9	0.3	174	38.5	173	36.3
Zimbabwe	175	37.6	2.1	176	35.5	175	28.6
Venezuela	176	34.3	-2	175	36.3	174	36.1
Cuba	177	29.6	0.9	177	28.7	176	28.5
North Korea	178	1.3	0.3	178	1	177	1.5

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2015 Index of Economic Freedom

Source

Citation

Country Income Groups (World Bank Classification)

Property Rights

Population Below Poverty Line

wielkosc szarej strefy na swiecie

2015 Index of Economic Freedom

Source

Citation

Related charts / graphs

Country Income Groups (World Bank Classification)

Property Rights

Population Below Poverty Line

wielkosc szarej strefy na swiecie

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