5 Most Capitalist Nations in the World

In this article, we take a look at the 5 most capitalist nations in the world. If you want to check out our detailed analysis of capitalism around the world, go to 25 Most Capitalist Nations in the World.

5. Luxembourg

Economic Freedom Score: 80.6

Luxembourg is located in Northwestern Europe. The country’s economy revolves heavily around the private financial sector. It also has a highly skilled workforce due to extensive public spending in higher education. 

The country has recorded an addition of 4.7 points in its economic-freedom score since 2017, due to rising business freedom and strengthening rule of law. Its top corporate tax rate is 17% relative to the top income tax rate of 42%. 

The monetary stability in the country is well-maintained and being a member of the EU, Luxembourg has 46 preferential trade agreements.