2013 Index of Economic Freedom
The 10 most economically-free countries in the world
Free markets and private properties are much talked about. But the phrase economic freedom definitely gives rise to policy debates. This is a list of the top 10 countries based on the ‘2013 Index of Economic Freedom’ by The Heritage Foundation in partnership with the Wall Street Journal.
The index measured economic freedom based on four broad categories: Rule of law, limited government, regulatory efficiency and open markets.
India is ranked at 119 with an overall score of 55.2 for its economic freedom.
1 Hong Kong 89.3 -0.6
2 Singapore 88.0 0.5
3 Australia 82.6 -0.5
4 New Zealand 81.4 -0.7
5 Switzerland 81.0 -0.1
6 Canada 79.4 -0.5
7 Chile 79.0 0.7
8 Mauritius 76.9 -0.1
9 Denmark 76.1 -0.1
10 United States 76.0 -0.3