Freest Countries 2019

Economic freedom is defined as the ability to become prosperous within a country without interference from the government or economic authority. In other words, countries with economic freedom allow their citizens to obtain and protect labor, human resources, and property.

There are two different lists that rank the freest countries in the world based on economic freedom. The first is the Index of Economic Freedom, which was created by The Wall Street Journal and the Heritage Foundation.

Another list is the annual survey known as Economic Freedom of the World. This is published by the think tank Fraser Institute.

As of November 2018, Hong Kong topped the Index of Economic Freedom with a score of 90.1. Singapore was ranked second with a score of 89.4. Australia, New Zealand, Switzerland, and Canada were the only other nations to score over 80 points.

According to this list, the top 20 freest countries in the world are:

As of November 2018, the 2017 Economic Freedom of the World Index also ranked Hong Kong as number one with a score of 90.2. Singapore was also ranked as the second freest country in the world. After this, the order of the nations is different from the Index of Economic Freedom. New Zealand, Switzerland, Australia, and Ireland were the only other nations to receive a score above 80.

The top 20 nations based on this ranked list are:

Name Freedom Rank Personal Freedom Index Economic Freedom Index Human Freedom Index Population 2019
New Zealand19.288.498.894,783,063
Switzerland29.198.398.798,591,365
Hong Kong38.588.978.787,436,154
Australia49.187.988.5825,203,198
Canada59.157.988.5737,411,047
Denmark69.337.778.555,771,876
Netherlands69.47.718.5517,097,130
Ireland88.948.078.54,882,495
United Kingdom8988.567,530,172
Taiwan109.047.898.4723,773,876
Finland109.297.658.475,532,156
Norway109.347.68.475,378,857
Germany139.247.698.4683,517,045
Estonia149.017.868.441,325,648
Luxembourg159.267.68.43615,729
Austria169.257.588.418,955,102
Sweden179.337.448.3910,036,379
United States178.758.038.39329,064,917
Malta198.987.738.35440,372
Lithuania208.827.868.342,759,627
Czech Republic219.037.568.2910,689,209
Portugal229.047.518.2810,226,187
Latvia238.857.648.251,906,743
Romania248.657.698.1719,364,557
Singapore257.488.848.165,804,337
Spain258.767.568.1646,736,776
Iceland279.087.228.15339,031
Belgium278.997.328.1511,539,328
Cyprus308.517.718.111,198,575
Japan318.737.478.1126,860,301
Chile328.227.88.0118,952,038
France328.777.258.0165,129,728
Italy348.697.277.9860,550,075
Slovenia358.827.057.942,078,654
Costa Rica378.177.557.865,047,561
Mauritius377.728.017.861,269,668
Poland398.357.277.8137,887,768
Georgia407.588.027.83,996,765
Bulgaria418.167.417.787,000,119
Hungary428.267.227.749,684,679
Uruguay438.37.167.733,461,734
Croatia448.466.967.714,130,304
Mongolia4587.47.73,225,167
Panama467.727.587.654,246,439
Peru477.727.437.5832,510,453
Albania487.67.547.572,880,917
Israel497.547.497.528,519,377
Bahamas507.457.347.4389,482
Serbia517.856.857.358,772,235
Montenegro527.637.047.34627,987
Cape Verde537.996.687.33549,935
Seychelles547.377.237.397,739
Fiji557.796.797.29889,953
Macedonia567.417.137.272,083,459
Ghana577.876.67.2430,417,856
Armenia576.917.577.242,957,731
Bosnia And Herzegovina597.866.67.233,301,000
Jamaica607.277.187.222,948,279
Cambodia617.247.177.216,486,542
Greece617.956.467.210,473,455
South Africa637.76.657.1758,558,270
Botswana646.887.437.152,303,697
Belize647.436.867.15390,353
Guatemala666.557.647.0917,581,472
Barbados677.716.437.07287,025
Suriname677.796.367.07581,372
Dominican Republic696.947.187.0610,738,958
El Salvador706.927.157.036,453,553
Rwanda716.477.486.9712,626,950
Paraguay726.976.956.967,044,636
Philippines736.57.346.92108,116,615
Namibia747.396.46.92,494,530
Haiti757.186.516.8511,263,077
Jordan756.247.466.8510,101,694
Bahrain756.147.566.851,641,172
Mexico756.86.96.85127,575,529
Moldova757.066.646.854,043,263
Nicaragua756.437.276.856,545,502
Trinidad And Tobago816.926.736.831,394,973
Kenya826.457.26.8252,573,973
Ecuador837.556.066.8117,373,662
Bhutan836.67.026.81763,092
Indonesia856.387.166.77270,625,568
Uganda856.137.416.7744,269,594
Colombia877.026.56.7650,339,443
Papua New Guinea887.256.256.758,776,109
Burkina Faso887.466.056.7520,321,378
Benin907.55.986.7411,801,151
Kazakhstan906.387.116.7418,551,427
Honduras926.397.066.729,746,117
Nepal926.916.536.7228,608,710
Bolivia927.216.236.7211,513,100
Lebanon956.436.996.716,855,713
Guyana967.046.316.68782,766
Malawi977.455.866.6518,628,747
Thailand986.46.856.6269,625,582
Lesotho1006.696.386.532,125,268
Tanzania1026.136.926.5258,005,463
Madagascar1036.846.196.5126,969,307
Qatar1035.537.496.512,832,067
Senegal1056.776.226.516,296,364
Liberia1066.46.566.484,937,374
Argentina1078.14.846.4744,780,677
Turkey1076.096.846.4783,429,615
Tunisia1096.586.296.4311,694,719
India1106.26.636.411,366,417,754
Malaysia1105.96.926.4131,949,777
Sierra Leone1127.045.756.47,813,215
Laos1135.866.916.397,169,455
Timor Leste1146.196.556.371,293,119
Zambia1166.016.616.3117,861,030
United Arab Emirates1175.077.56.299,770,529
Ukraine1186.595.986.2843,993,638
Sri Lanka1196.046.496.2721,323,733
Russia1195.716.836.27145,872,256
Togo1196.735.826.278,082,366
Swaziland1226.026.466.241,148,130
Brazil1236.675.756.21211,049,527
Kuwait1245.636.756.194,207,083
Vietnam1245.976.426.1996,462,106
Tajikistan1245.656.726.199,321,018
Morocco1275.996.376.1836,471,769
Belarus1286.066.236.149,452,411
Oman1295.516.766.134,974,986
Azerbaijan1305.686.496.0810,047,718
Mozambique1306.665.56.0830,366,036
Nigeria1325.826.326.07200,963,599
Guinea Bissau1336.865.256.051,920,922
Mali1346.065.85.9319,658,031
China1355.356.465.911,433,783,686
Niger1375.716.015.8623,310,715
Bangladesh1385.36.35.8163,046,161
Pakistan1405.3265.66216,565,318
Guinea1415.375.935.6512,771,246
Angola1426.115.175.6431,825,295
Zimbabwe1435.176.065.6214,645,468
Cameroon1445.335.825.5825,876,380
Gabon1445.325.845.582,172,579
Saudi Arabia1464.446.525.4834,268,528
Chad1475.515.445.4715,946,876
Mauritania1474.995.965.474,525,696
Myanmar1495.465.425.4454,045,420
Ethiopia1505.065.735.4112,078,730
Central African Republic1525.475.115.294,745,185
Iran1534.536.035.2882,913,906
Burundi1544.415.925.1711,530,580
Algeria1555.284.995.1443,053,054
Egypt1563.895.724.81100,388,073
Sudan1574.255.364.842,813,238
Libya1583.884.744.316,777,452
Iraq1593.125.44.2639,309,783
Venezuela1615.522.884.228,515,829
Syria1622.515.023.7717,070,135