The Index of Economic Freedom is an index calculated annually by the Wall Street Journal and the Heritage Foundation for most countries since 1995.

Specialists of The Heritage Foundation measure economic freedom based on 12 quantitative and qualitative factors, grouped into four broad categories, or pillars, of economic freedom:

  • Rule of Law (property rights, government integrity, judicial effectiveness);
  • Government Size (government spending, tax burden, fiscal health);
  • Regulatory Efficiency (business freedom, labor freedom, monetary freedom);
  • Open Markets (trade freedom, investment freedom, financial freedom).

Of the 186 countries included in editions of the Index, 180 are fully scored and ranked. Because of the lack of sufficient reliable data, six countries (Iraq, Libya, Liechtenstein, Somalia, Syria, and Yemen) are evaluated and partially graded but not ranked.

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 2019 The Index of Economic Freedom >>

2018 The Index of Economic Freedom >>

2017 The Index of Economic Freedom >>

2016 The Index of Economic Freedom >>

2015 The Index of Economic Freedom >>

2014 The Index of Economic Freedom >>

2013 The Index of Economic Freedom >>

2012 The Index of Economic Freedom >>

2011 The Index of Economic Freedom >>

2010 The Index of Economic Freedom >>