Jan. 17, 2007
The Heritage Foundation and the Wall Street Journal rank the world’s countries in their 13th annual Index of Economic Freedom.
The 2007 Index of Economic Freedom measures and ranks 161 countries across 10 specific freedoms, including tax rates and property rights. View scores and rankings for any country, along with detailed data and background analysis.
[ See Top 10 »]
The 2007 methodology has been revised to provide an even clearer picture of economic freedom by using data-driven equations rather than performance brackets which allows countries to be graded using a percent score rather than a 1–5 rating. In addition, labor freedom has been added as a variable. We continue the tradition of blending “Ten Freedoms” equally to produce a simple, unbiased overall score for each country.
The 2007 Index also contains an entirely new chapter analyzing each of the five geographic regions-a focus that matters for local competition. And of course, this edition includes our traditional country pages, so that each freedom in every economy is explained in detail. Each country page includes new charts highlighting the strengths and weaknesses of each economy.