Investment freedom - Country rankings

* indicates monthly or quarterly data series

Investment freedom index (0-100), 2026:

The average for 2026 based on 175 countries was 53 points. The highest value was in Luxembourg: 95 points and the lowest value was in Eritrea: 0 points. The indicator is available from 1995 to 2026. Below is a chart for all countries where data are available.

Measure: points; Source: The Heritage Foundation
Select indicator
* indicates monthly or quarterly data series


Countries Investment freedom, 2026 Global rank Available data
Luxembourg 95 1 1996 - 2026
Bahrain 90 2 1995 - 2026
Denmark 90 3 1996 - 2026
Estonia 90 4 1995 - 2026
Ireland 90 5 1995 - 2026
Netherlands 90 6 1996 - 2026
Singapore 90 7 1995 - 2026
Belgium 85 8 1996 - 2026
Finland 85 9 1996 - 2026
Sweden 85 10 1995 - 2026
Switzerland 85 11 1996 - 2026
Australia 80 12 1995 - 2026
Hungary 80 13 1995 - 2026
Italy 80 14 1995 - 2026
Latvia 80 15 1996 - 2026
Liechtenstein 80 16 2014 - 2026
Morocco 80 17 1995 - 2026
Paraguay 80 18 1995 - 2026
Poland 80 19 1995 - 2026
USA 80 20 1995 - 2026
France 75 21 1995 - 2026
Mexico 75 22 1995 - 2026
Norway 75 23 1996 - 2026
Slovakia 75 24 1995 - 2026
Argentina 70 25 1995 - 2026
Armenia 70 26 1996 - 2026
Azerbaijan 70 27 1996 - 2026
Cyprus 70 28 1996 - 2026
Czechia 70 29 1995 - 2026
El Salvador 70 30 1995 - 2026
Guatemala 70 31 1995 - 2026
Iceland 70 32 1997 - 2026
Israel 70 33 1995 - 2026
Jordan 70 34 1995 - 2026
Lithuania 70 35 1996 - 2026
Mauritius 70 36 1999 - 2026
New Zealand 70 37 1996 - 2026
Oman 70 38 1995 - 2026
Philippines 70 39 1995 - 2026
Portugal 70 40 1995 - 2026
Romania 70 41 1995 - 2026
St. Vincent & ... 70 42 2009 - 2026
Serbia 70 43 2002 - 2026
Slovenia 70 44 1996 - 2026
Taiwan 70 45 1995 - 2026
Turkey 70 46 1995 - 2026
UK 70 47 1995 - 2026
Uzbekistan 70 48 1998 - 2026
Bosnia & Herz. 65 49 1998 - 2026
Brunei 65 50 2014 - 2026
Burkina Faso 65 51 1996 - 2026
Egypt 65 52 1995 - 2026
Honduras 65 53 1995 - 2026
Mali 65 54 1995 - 2026
North Macedonia 65 55 2002 - 2026
Vanuatu 65 56 2009 - 2026
Albania 60 57 1995 - 2026
Austria 60 58 1995 - 2026
Barbados 60 59 1996 - 2026
Bulgaria 60 60 1995 - 2026
Canada 60 61 1995 - 2026
Cape Verde 60 62 1996 - 2026
Chad 60 63 1997 - 2026
Chile 60 64 1995 - 2026
Colombia 60 65 1995 - 2026
Croatia 60 66 1996 - 2026
Dominica 60 67 2009 - 2026
Domin. Rep. 60 68 1995 - 2026
Gabon 60 69 1995 - 2026
Georgia 60 70 1996 - 2026
Germany 60 71 1995 - 2026
Ghana 60 72 1995 - 2026
Jamaica 60 73 1995 - 2026
Japan 60 74 1995 - 2026
Kyrgyzstan 60 75 1998 - 2026
Malaysia 60 76 1995 - 2026
Malta 60 77 1995 - 2026
Nicaragua 60 78 1995 - 2026
Pakistan 60 79 1995 - 2026
Panama 60 80 1995 - 2026
Peru 60 81 1995 - 2026
Qatar 60 82 1999 - 2026
Rwanda 60 83 1997 - 2026
Senegal 60 84 1996 - 2026
South Korea 60 85 1995 - 2026
Spain 60 86 1995 - 2026
Togo 60 87 1999 - 2026
Vietnam 60 88 1995 - 2026
Belize 55 89 1995 - 2026
Fiji 55 90 1995 - 2026
Greece 55 91 1995 - 2026
Guyana 55 92 1995 - 2026
Kenya 55 93 1995 - 2026
Lesotho 55 94 1996 - 2026
Liberia 55 95 2009 - 2026
Moldova 55 96 1995 - 2026
Niger 55 97 1996 - 2026
Tanzania 55 98 1995 - 2026
Thailand 55 99 1995 - 2026
Bahamas 50 100 1995 - 2026
Bangladesh 50 101 1995 - 2026
Benin 50 102 1996 - 2026
Botswana 50 103 1995 - 2026
Burundi 50 104 1997 - 2026
Cambodia 50 105 1997 - 2026
Costa Rica 50 106 1995 - 2026
Djibouti 50 107 1997 - 2026
Gambia 50 108 1997 - 2026
Guinea 50 109 1995 - 2026
Indonesia 50 110 1995 - 2026
Ivory Coast 50 111 1995 - 2026
Kazakhstan 50 112 1998 - 2026
Kuwait 50 113 1996 - 2026
Madagascar 50 114 1995 - 2026
Malawi 50 115 1995 - 2026
Mauritania 50 116 1996 - 2026
Mongolia 50 117 1995 - 2026
Montenegro 50 118 2002 - 2026
Namibia 50 119 1997 - 2026
Saint Lucia 50 120 2009 - 2026
S.T.&Principe 50 121 2009 - 2026
Saudi Arabia 50 122 1996 - 2026
Swaziland 50 123 1995 - 2026
Tr.&Tobago 50 124 1996 - 2026
UA Emirates 50 125 1996 - 2026
Uruguay 50 126 1995 - 2026
C.A. Republic 45 127 2002 - 2026
Comoros 45 128 2009 - 2026
Brazil 40 129 1995 - 2026
Eq. Guinea 40 130 1999 - 2026
India 40 131 1995 - 2026
Mozambique 40 132 1995 - 2026
Samoa 40 133 1996 - 2026
South Africa 40 134 1995 - 2026
Tonga 40 135 2009 - 2026
Zambia 40 136 1995 - 2026
Laos 35 137 1996 - 2026
Maldives 35 138 2009 - 2026
Micronesia 35 139 2009 - 2026
R. of Congo 35 140 1996 - 2026
Algeria 30 141 1995 - 2026
Angola 30 142 1995 - 2026
Belarus 30 143 1995 - 2026
Burma 30 144 1996 - 2026
Cameroon 30 145 1995 - 2026
DR Congo 30 146 1995 - 2026
Ecuador 30 147 1995 - 2026
Ethiopia 30 148 1995 - 2026
G.-Bissau 30 149 1999 - 2026
Kiribati 30 150 2009 - 2026
Nigeria 30 151 1995 - 2026
Russia 30 152 1995 - 2026
Seychelles 30 153 2009 - 2026
Sierra Leone 30 154 1995 - 2026
Sri Lanka 30 155 1995 - 2026
Uganda 30 156 1995 - 2026
Papua N.G. 25 157 1996 - 2026
Tajikistan 25 158 1998 - 2026
Bhutan 20 159 2009 - 2026
China 20 160 1995 - 2026
Haiti 20 161 1995 - 2026
Lebanon 20 162 1996 - 2026
Suriname 20 163 1996 - 2026
Tunisia 20 164 1995 - 2026
Bolivia 15 165 1995 - 2026
Solomon Isl. 15 166 2009 - 2026
Cuba 10 167 1995 - 2026
Nepal 10 168 1996 - 2026
Turkmenistan 10 169 1998 - 2026
Zimbabwe 10 170 1995 - 2026
Iran 5 171 1996 - 2026
Sudan 5 172 1995 - 2026
Eritrea 0 173 2009 - 2026
North Korea 0 174 1995 - 2026
Venezuela 0 175 1995 - 2026


New - World map: Investment freedom




Definition: The Investment freedom index evaluates a variety of investment restrictions (burdensome bureaucracy, restrictions on land ownership, expropriation of investments without fair compensation, foreign exchange controls, capital control, security problems, a lack of basic investment infrastructure, etc.). Points are deducted from the ideal score of 100 for each of the restrictions found in a country’s investment regime.

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All articles

1. Luxembourg
2. Bahrain
3. Denmark
4. Estonia
5. Ireland
6. Netherlands
7. Singapore
8. Belgium
9. Finland
10. Sweden
11. Switzerland
12. Australia
13. Hungary
14. Italy
15. Latvia
16. Liechtenstein
17. Morocco
18. Paraguay
19. Poland
20. USA
21. France
22. Mexico
23. Norway
24. Slovakia
25. Argentina
26. Armenia
27. Azerbaijan
28. Cyprus
29. Czechia
30. El Salvador
31. Guatemala
32. Iceland
33. Israel
34. Jordan
35. Lithuania
36. Mauritius
37. New Zealand
38. Oman
39. Philippines
40. Portugal
41. Romania
42. St. Vincent & ...
43. Serbia
44. Slovenia
45. Taiwan
46. Turkey
47. UK
48. Uzbekistan
49. Bosnia & Herz.
50. Brunei
51. Burkina Faso
52. Egypt
53. Honduras
54. Mali
55. North Macedonia
56. Vanuatu
57. Albania
58. Austria
59. Barbados
60. Bulgaria
61. Canada
62. Cape Verde
63. Chad
64. Chile
65. Colombia
66. Croatia
67. Dominica
68. Domin. Rep.
69. Gabon
70. Georgia
71. Germany
72. Ghana
73. Jamaica
74. Japan
75. Kyrgyzstan
76. Malaysia
77. Malta
78. Nicaragua
79. Pakistan
80. Panama
81. Peru
82. Qatar
83. Rwanda
84. Senegal
85. South Korea
86. Spain
87. Togo
88. Vietnam
89. Belize
90. Fiji
91. Greece
92. Guyana
93. Kenya
94. Lesotho
95. Liberia
96. Moldova
97. Niger
98. Tanzania
99. Thailand
100. Bahamas
101. Bangladesh
102. Benin
103. Botswana
104. Burundi
105. Cambodia
106. Costa Rica
107. Djibouti
108. Gambia
109. Guinea
110. Indonesia
111. Ivory Coast
112. Kazakhstan
113. Kuwait
114. Madagascar
115. Malawi
116. Mauritania
117. Mongolia
118. Montenegro
119. Namibia
120. Saint Lucia
121. S.T.&Principe
122. Saudi Arabia
123. Swaziland
124. Tr.&Tobago
125. UA Emirates
126. Uruguay
127. C.A. Republic
128. Comoros
129. Brazil
130. Eq. Guinea
131. India
132. Mozambique
133. Samoa
134. South Africa
135. Tonga
136. Zambia
137. Laos
138. Maldives
139. Micronesia
140. R. of Congo
141. Algeria
142. Angola
143. Belarus
144. Burma
145. Cameroon
146. DR Congo
147. Ecuador
148. Ethiopia
149. G.-Bissau
150. Kiribati
151. Nigeria
152. Russia
153. Seychelles
154. Sierra Leone
155. Sri Lanka
156. Uganda
157. Papua N.G.
158. Tajikistan
159. Bhutan
160. China
161. Haiti
162. Lebanon
163. Suriname
164. Tunisia
165. Bolivia
166. Solomon Isl.
167. Cuba
168. Nepal
169. Turkmenistan
170. Zimbabwe
171. Iran
172. Sudan
173. Eritrea
174. North Korea
175. Venezuela
95
90
90
90
90
90
90
85
85
85
85
80
80
80
80
80
80
80
80
80
75
75
75
75
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
70
65
65
65
65
65
65
65
65
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
55
55
55
55
55
55
55
55
55
55
55
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
45
45
40
40
40
40
40
40
40
40
35
35
35
35
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
25
25
20
20
20
20
20
20
15
15
10
10
10
10
5
5
0
0
0
0
23.8
47.5
71.3
95


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