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Heritage Foundation Global Economic Freedom Index 2022

The Heritage Foundation a Washington based think tank has published the Global Economic Freedom Index 2022. The Rankings have been provided and can be accessed here.

The Heritage Foundation describes economic freedom as 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. 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.

The Foundation states on its website that for much of human history, most individuals have lacked economic freedom and opportunity, condemning them to poverty and deprivation.

Today, we live in the most prosperous time in human history. Poverty, sicknesses, and ignorance are receding throughout the world, due in large part to the advance of economic freedom. In 2022, the principles of economic freedom that have fueled this monumental progress are once again measured in the Index of Economic Freedom, an annual guide published by The Heritage Foundation, Washington's No. 1 think tank as it claims.

For twenty-eight years the Index has delivered thoughtful analysis in a clear, friendly, and straight-forward format. With new resources for users and a website tailored for research and education, the Index of Economic Freedom is poised to help readers track over two decades of the advancement in economic freedom, prosperity, and opportunity and promote these ideas in their homes, schools, and communities.

The Index covers 12 freedoms – from property rights to financial freedom – in 184 countries.

The 2022 Index — the 28th edition — includes: Updated economic freedom scores and macroeconomic data for 184 economies. Easy-to-read cross-country comparisons that highlight why economic freedom matters. Online tools like customized comparison charts and an interactive heat map.

Note - Details are as provided at the website of Heritage Foundation and have not been independently verified.


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