Financial Freedom Index

Global Ranking

(0-100)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Hong Kong	90	2020	1	90
1	Australia	90	2022	1	90
1	Switzerland	90	2022	1	90
4	Netherlands	80	2022	4	80
4	Luxembourg	80	2022	4	80
4	Canada	80	2022	4	80
4	Liechtenstein	80	2021	4	80
4	United States	80	2022	4	80
4	Sweden	80	2022	4	80
4	Czech Republic	80	2022	4	80
4	United Kingdom	80	2022	4	80
4	Denmark	80	2022	4	80
4	Finland	80	2022	4	80
4	New Zealand	80	2022	4	80
4	Singapore	80	2022	4	80
4	Bahrain	80	2022	4	80
17	Spain	70	2022	17	70
17	Belgium	70	2022	17	70
17	Slovakia	70	2022	17	70
17	Israel	70	2022	17	70
17	Poland	70	2022	17	70
17	Albania	70	2022	17	70
17	Iceland	70	2022	17	70
17	Estonia	70	2022	17	70
17	Armenia	70	2022	17	70
17	Panama	70	2022	17	70
17	Georgia	70	2022	17	70
17	Ireland	70	2022	17	70
17	Mauritius	70	2022	17	70
17	Austria	70	2022	17	70
17	Morocco	70	2022	17	70
17	Macao	70	2020	17	70
17	Botswana	70	2022	17	70
17	Colombia	70	2022	17	70
17	Hungary	70	2022	17	70
17	France	70	2022	17	70
17	Chile	70	2022	17	70
17	Lithuania	70	2022	17	70
17	Germany	70	2022	17	70
40	Paraguay	60	2022	40	60
40	United Arab Emirates	60	2022	40	60
40	Argentina	60	2022	40	60
40	Azerbaijan	60	2022	40	60
40	Bulgaria	60	2022	40	60
40	Bahamas	60	2022	40	60
40	Bosnia and Herzegovina	60	2022	40	60
40	Barbados	60	2022	40	60
40	Cape Verde	60	2022	40	60
40	Cyprus	60	2022	40	60
40	Ghana	60	2022	40	60
40	Honduras	60	2022	40	60
40	Croatia	60	2022	40	60
40	Indonesia	60	2022	40	60
40	Jordan	60	2022	40	60
40	Japan	60	2022	40	60
40	South Korea	60	2022	40	60
40	Kuwait	60	2022	40	60
40	Latvia	60	2022	40	60
40	Mexico	60	2022	40	60
40	Macedonia	60	2022	40	60
40	Taiwan	60	2022	40	60
40	Norway	60	2022	40	60
40	Oman	60	2022	40	60
40	Peru	60	2022	40	60
40	Philippines	60	2022	40	60
40	Portugal	60	2022	40	60
40	El Salvador	60	2022	40	60
40	Thailand	60	2022	40	60
40	Turkey	60	2022	40	60
70 ↑	Malawi	50	2022	71	50
70 ↓	Malta	50	2022	40	60
70 ↑	Brazil	50	2022	71	50
70 ↑	Italy	50	2022	71	50
70 ↑	Jamaica	50	2022	71	50
70 ↑	Kyrgyzstan	50	2022	71	50
70 ↑	Cambodia	50	2022	71	50
70 ↑	Tanzania	50	2022	71	50
70 ↑	Lebanon	50	2022	71	50
70 ↑	Djibouti	50	2022	71	50
70 ↑	Ivory Coast	50	2022	71	50
70 ↑	Trinidad and Tobago	50	2022	71	50
70 ↑	Costa Rica	50	2022	71	50
70 ↑	Guatemala	50	2022	71	50
70 ↑	Brunei	50	2022	71	50
70 ↑	Moldova	50	2022	71	50
70 ↑	Madagascar	50	2022	71	50
70 ↑	Greece	50	2022	71	50
70 ↑	Cameroon	50	2022	71	50
70 ↑	Fiji	50	2022	71	50
70 ↑	Montenegro	50	2022	71	50
70 ↑	Mongolia	50	2022	71	50
70 ↑	Mozambique	50	2022	71	50
70 ↑	Malaysia	50	2022	71	50
70 ↑	Nicaragua	50	2022	71	50
70 ↑	Belize	50	2022	71	50
70 ↑	Egypt	50	2022	71	50
70 ↑	South Africa	50	2022	71	50
70 ↑	Vietnam	50	2022	71	50
70 ↑	Zambia	50	2022	71	50
70 ↑	Romania	50	2022	71	50
70 ↑	Gambia	50	2022	71	50
70 ↑	Saudi Arabia	50	2022	71	50
70 ↑	Slovenia	50	2022	71	50
70 ↑	Kazakhstan	50	2022	71	50
70 ↑	Benin	50	2022	71	50
70 ↑	Kenya	50	2022	71	50
70 ↑	Serbia	50	2022	71	50
108	Lesotho	40	2022	108	40
108	Dominica	40	2022	108	40
108	Rwanda	40	2022	108	40
108	Nigeria	40	2022	108	40
108	Pakistan	40	2022	108	40
108	Senegal	40	2022	108	40
108	Burkina Faso	40	2022	108	40
108	Bolivia	40	2022	108	40
108	Mauritania	40	2022	108	40
108	Vanuatu	40	2022	108	40
108 ↑	Bangladesh	40	2022	133	30
108	Saint Vincent and the Grenadines	40	2022	108	40
108	Ecuador	40	2022	108	40
108	Namibia	40	2022	108	40
108	India	40	2022	108	40
108	Angola	40	2022	108	40
108	Uganda	40	2022	108	40
108	Guinea	40	2022	108	40
108	Mali	40	2022	108	40
108	Chad	40	2022	108	40
108	Niger	40	2022	108	40
108	Gabon	40	2022	108	40
108	Saint Lucia	40	2022	108	40
108	Dominican Republic	40	2022	108	40
108	Sri Lanka	40	2022	108	40
108	Swaziland	40	2022	108	40
108 ↑	Uzbekistan	40	2022	161	20
135 ↓	Togo	30	2022	133	30
135 ↓	Nepal	30	2022	133	30
135 ↓	Haiti	30	2022	133	30
135 ↓	Comoros	30	2022	133	30
135 ↓	Tunisia	30	2022	133	30
135 ↓	Republic of the Congo	30	2022	133	30
135 ↓	Kiribati	30	2022	133	30
135 ↓	Central African Republic	30	2022	133	30
135 ↓	Ukraine	30	2022	133	30
135 ↓	Bhutan	30	2022	133	30
135 ↓	Maldives	30	2022	133	30
135 ↓	Uruguay	30	2022	133	30
135 ↓	Papua New Guinea	30	2022	133	30
135 ↓	Samoa	30	2022	133	30
135 ↓	Russia	30	2022	133	30
135 ↓	Solomon Islands	30	2022	133	30
135 ↓	Yemen	30	2016	133	30
135 ↓	Sao Tome and Principe	30	2022	133	30
135 ↓	Suriname	30	2022	133	30
135 ↓	Burundi	30	2022	133	30
135 ↓	Seychelles	30	2022	133	30
135 ↓	Tajikistan	30	2022	133	30
135 ↓	Algeria	30	2022	133	30
135 ↓	Micronesia	30	2022	133	30
135 ↓	Guinea-Bissau	30	2022	133	30
135 ↓	Equatorial Guinea	30	2022	133	30
135 ↓	Guyana	30	2022	133	30
162 ↓	China	20	2022	161	20
162 ↓	Democratic Republic of the Congo	20	2022	161	20
162 ↓	Libya	20	2014	161	20
162 ↓	Liberia	20	2022	161	20
162 ↓	Sierra Leone	20	2022	161	20
162 ↓	Sudan	20	2022	161	20
162 ↓	Laos	20	2022	161	20
162 ↓	Syria	20	2016	161	20
162 ↓	Eritrea	20	2022	161	20
162 ↓	Tonga	20	2022	161	20
162 ↓	Ethiopia	20	2022	161	20
162 ↓	Burma (Myanmar)	20	2022	161	20
162 ↓	Belarus	20	2022	161	20
175	Venezuela	10	2022	175	10
175	Turkmenistan	10	2022	175	10
175	Afghanistan	10	2021	175	10
175	Iran	10	2022	175	10
175	Zimbabwe	10	2022	175	10
175	Cuba	10	2022	175	10
175	Iraq	10	2002	175	10
175	North Korea	10	2006	175	10

Definition of Financial Freedom Index

The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.