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.