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Index of Economic Freedom - Wikipedia

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The Index of Economic Freedom is an annual index and ranking created in 1995 by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom in the world's nations. The creators of the index claim to take an approach inspired by Adam Smith's The Wealth of Nations, that "basic institutions that protect the liberty of individuals to pursue their own economic interests result in greater prosperity for the larger society".[1][2][page needed] The Heritage Foundation website states that, "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. 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."[3] By publishing the Index annually, the foundat

Index of Economic Freedom - Wikipedia Jump to content From Wikipedia, the free encyclopedia Annual index and ranking created in 1995 This article is about the index published by the Wall Street Journal and the Heritage Foundation. For other indices, see Indices of economic freedom . Some of this article's listed sources may not be reliable . Please help improve this article by looking for better, more reliable sources. Unreliable citations may be challenged and removed. ( November 2025 ) ( Learn how and when to remove this message ) Parts of this article (those related to Ranking and scores se

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