The Economic Freedom Index scores countries on the economic freedom in a number of areas encompassing legal system & property rights, sound money, freedom to trade internationally and regulation.
The index uses a 0-10 scoring scale in each category with higher values representing greater economic freedom.
The freedom to trade internationally section of the index includes; revenue from trade taxes, mean tariff rates, tariff, non-tariff trade barriers, compliance costs of importing and exporting, regulatory trade barriers, black market exchange rates, foreign ownership/investment restrictions, capital controls, and freedom of foreigners to visit.
Citation formats
Economic Freedom Index: best 20 countries for freedom to trade worldwide 2022
In 2022, Hong Kong ranked highest in international trade freedom with a score of **** out of 10. Singapore followed closely with ****, while Switzerland, scoring ****, was the top-ranked country in Europe.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Fraser Institute. (October 15, 2024). Best 20 countries for freedom to trade worldwide in 2022 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/
Fraser Institute. "Best 20 countries for freedom to trade worldwide in 2022." Chart. October 15, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/
Fraser Institute. (2024). Best 20 countries for freedom to trade worldwide in 2022. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/
Fraser Institute. "Best 20 Countries for Freedom to Trade Worldwide in 2022." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Oct 2024, /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/
Fraser Institute, Best 20 countries for freedom to trade worldwide in 2022 ÌÇÐÄÆƽâ°æ, /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/ (last visited July 31, 2026)
Best 20 countries for freedom to trade worldwide in 2022 [Graph], Fraser Institute, October 15, 2024. [Online]. Available: /statistics/632415/economic-freedom-index-20-highest-countries-international-trade/
