Singapore led the Index of Economic Freedom in 2024, with an index score of 83.5 out of 100. Switzerland, Ireland, Taiwan, and Luxembourg rounded out the top five. Economic Freedom Index In order to calculate the Economic Freedom Index, the source takes 12 different factors into account, including the rule of law, government size, regulatory efficiency, and open markets. All 12 factors are rated on a scale of zero to 100 and are weighted equally. Every country is rated within the Index in order to provide insight into the health and freedom of the global economy. Singapore's economy Singapore is one of the four so-called Asian Tigers, a term used to describe four countries in Asia that saw a booming economic development from the 1950s to the early 1990. Today, the City-State is known for its many skyscrapers, and its economy continue to boom. It has one of the lowest tax-rates in the Asia-Pacific region, and continues to be open towards foreign direct investment (FDI). Moreover, Singapore has one of the highest trade-to-GDP ratios worldwide, underlining its export-oriented economy. Finally, its geographic location has given it a strategic position as a center connecting other countries in the region with the outside world. However, the economic boom has come at a cost, with the city now ranked among the world's most expensive.

The average for 2024 based on 27 countries was 70 index points. The highest value was in Ireland: 83 index points and the lowest value was in Greece: 55 index points. The indicator is available from 1995 to 2024. Below is a chart for all countries where data are available.

In 2025, Israel was given a score of 69.9 on the Economic Freedom Index published by The Heritage Foundation. This positions the country's economy as the top 26th most liberal in the world, just below the United States. The world average economic freedom score in 2021 was 61.6.

Qatar: Economic freedom, overall index (0-100): The latest value from 2024 is 69 index points, unchanged from 69 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Qatar from 1999 to 2024 is 68 index points. The minimum value, 60 index points, was reached in 2001 while the maximum of 73 index points was recorded in 2017.

Tunisia's overall score on the Economic Freedom Index was 55.8 as of 2020, which was 0.4 points more than the score for 2019. This increase was based mainly on an improvement in the rule of law indicators. According to the index, Tunisia ranked 128 out of 180 countries in the world and 22 in the African region out of 53 countries. Tunisia's economic climate is therefore considered mostly unfree. Throughout the period under investigation, the overall score of Tunisia on the Economic Freedom Index was over the African average.

The overall score for Ethiopia on the Economic Freedom Index was 53.6 as of 2020, equally to the score of 2019. During this year, the judicial effectiveness improved. However, this was cancelled out by a drop in fiscal health. According to the index, Ethiopia was ranked the 146th out of 180 countries in the world, and 33rd in the Africa region out of the 53 listed countries. Furthermore, between 2000 and 2020, Ethiopia's overall score was lower than the average for the African continent. Therefore, Ethiopia's economic climate is considered mostly unfree.

51,40 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

Index of economic freedom of China grew by 0.41% from 48.3 score in 2023 to 48.5 score in 2024. Since the 17.81% drop in 2022, index of economic freedom climb by 1.04% in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.

Index of economic freedom of Sudan grew by 3.35% from 32.80 score in 2023 to 33.90 score in 2024. Since the 18.16% drop in 2022, index of economic freedom leapt by 5.94% in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

57,50 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

59,20 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

South Africa's overall score on the Economic Freedom Index was 55.7 as of 2023, a drop of 0.5 points from the prior year. South Africa's rank in the Sub-Saharan Africa region 17th out of 47 countries. Its overall score is below the world average.

Antigua and Barbuda: Economic freedom, overall index (0-100): The latest value from is index points, unavailable from index points in . In comparison, the world average is 0 index points, based on data from countries. Historically, the average for Antigua and Barbuda from to is index points. The minimum value, index points, was reached in while the maximum of index points was recorded in .

60,10 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

Russia: Business freedom index (0-100): The latest value from 2024 is 54 points, a decline from 55 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for Russia from 1995 to 2024 is 63 points. The minimum value, 51 points, was reached in 2011 while the maximum of 85 points was recorded in 1995.

This statistic describes the business freedom score of Saudi Arabia on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, Saudi Arabia scored on business freedom of the Economic Freedom index 74 compared to the world average is 64.8. Saudi Arabia is considered in this regard mostly free.

55,80 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

59.70 (score) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

Vanuatu: Economic freedom, overall index (0-100): Pour cet indicateur, The Heritage Foundation fournit des données pour la Vanuatu de 2009 à 2024. La valeur moyenne pour Vanuatu pendant cette période était de 61 index points avec un minimum de 56 index points en 2010 et un maximum de 70 index points en 2018.

28.1 (score) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.