5 Most Liberal Countries in the World

In this article, we will look into the 5 most liberal countries in the world. If you want to read our detailed analysis, you can go directly to the 20 Most Liberal Countries in the World.

5. Ireland

Financial Development Index (2021): 0.624

Economic Freedom Index Ranking (2023): 3

Ease of Doing Business Ranking (2019): 24

Insider Monkey Rating: 9.5

Ireland is ranked among the most liberal countries in the world. According to the IMF, Ireland reports a financial development index of 0.624 as of 2021. According to the Heritage Foundation, Ireland is ranked 3 on the Economic Freedom Index of 2023.

4. New Zealand

Financial Development Index (2021): 0.617

Economic Freedom Index Ranking (2023): 5

Ease of Doing Business Ranking (2019): 1

Insider Monkey Rating: 10

New Zealand ranks 4th on our list, reporting a financial development index of 0.617 as of 2021. According to the Heritage Foundation, New Zealand is ranked 5 on the Economic Freedom Index of 2023.

3. Denmark

Financial Development Index (2021): 0.664

Economic Freedom Index Ranking (2023): 9

Ease of Doing Business Ranking (2019): 4

Insider Monkey Rating: 10

Ranked 3rd on our list, Denmark reported a financial development index of 0.664 as of 2021. According to the Heritage Foundation, Denmark is ranked 9 on the Economic Freedom Index as of 2023.

2. Singapore

Financial Development Index (2021): 0.704

Economic Freedom Index Ranking (2023): 1

Ease of Doing Business Ranking (2019): 2

Insider Monkey Rating: 10

Singapore is ranked among the most liberal countries in the world. According to the IMF, it reported a financial development index of 0.704 as of 2021. According to the Economic Freedom Index, Singapore is the top economically free country as of 2023.

1. Sweden

Financial Development Index (2021): 0.775

Economic Freedom Index Ranking (2023): 10

Ease of Doing Business Ranking (2019): 10

Insider Monkey Rating: 10

Sweden tops our list of the most liberal countries in the world. According to the IMF, Sweden reported a financial development index of 0.775. Sweden is ranked 10 on the Economic Freedom Index as of 2023

You can also look at 20 Healthiest States in the US in 2023 and 20 Most Walkable Cities in Europe.