Annual reports

The Path to Prosperity The 2024 Freedom and Prosperity Indexes

In this “year of election,” freedom continues to decline globally. Political rights, judicial independence, and checks and balances are eroding. Prosperity growth has slowed, particularly in developing countries. The data underscores a strong link between freedom and prosperity, highlighting the need for data-driven policy reforms.

2024 Atlas: Freedom and Prosperity Around the World

Twenty leading economists and government officials from eighteen countries contributed to this comprehensive volume, which serves as a roadmap for navigating the complexities of contemporary governance. 

Publications

New Atlanticist

May 24, 2024

Thirty years of South African democracy, visualized

By James Storen, Nina Dannaoui-Johnson

With South Africans heading to the polls on May 29, it is worth reflecting on how their country has changed since transitioning to democracy in 1994.

Democratic Transitions Elections

Issue Brief

Apr 15, 2024

How Bangladesh can achieve its vision of prosperity

By Nina Dannaoui-Johnson, Joseph Lemoine, Annie (Yu-Lin) Lee

Bangladesh is forging ahead with its Vision 2041, aiming to transform into a developed and prosperous country by 2041.

Bangladesh Freedom and Prosperity

New Atlanticist

Mar 22, 2024

Ahead of its presidential election, Senegal shows that democracy requires the rule of law

By James Storen, Annie (Yu-Lin) Lee

For Senegal to cement its status as a haven of democracy, the country must prioritize judicial independence and the rule of law.

Elections Freedom and Prosperity

Report

Mar 15, 2024

Attracting foreign direct investments

By Jérémie Bertrand, Joseph Lemoine, Dan Negrea, and Caroline Perrin

Foreign direct investment (FDI) is a pivotal objective for countries seeking to bolster their economic development and global competitiveness. By delving into the relationship between freedom and FDI using the Freedom and Prosperity Indexes and examining institutional mechanisms to influence investment, we shed light on the dynamics that determine a country’s attractiveness to foreign investors.

Economy & Business Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Rising US public debt threatens economic freedom

By Edward Glaeser

US public debt has surged, posing risks to economic freedom. Despite stability expectations, reforms are needed, like deregulating small businesses and improving urban schools. However, political polarization and the dominance of identity politics hinder progress towards these goals.

Economy & Business Education

Freedom and Prosperity Around the World

Feb 26, 2024

India’s political freedom is at risk

By Pratap Bhanu Mehta

Political freedom in India is declining, with potential for further erosion if the current government remains. Economic prospects are cautiously optimistic, but regional disparities persist, posing challenges to democracy. India’s federal structure may both check centralization and fuel political conflict.

Fiscal and Structural Reform Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Pakistan faces urgent need for comprehensive reforms to spur long-term growth and stability

By Ali Cheema

Pakistan needs extensive economic and institutional reforms to boost long-term growth and prosperity. These reforms involve improving property rights, increasing public investment in education and health, and addressing political polarization. A new political settlement is necessary to foster stability and enable these reforms.

Freedom and Prosperity Inclusive Growth

Freedom and Prosperity Around the World

Feb 26, 2024

Stabilizing revenue will lead Kenya to greater prosperity

By Robert Mudida

Kenya aims to grow manufacturing and GDP via the African Continental Free Trade Area. Formalizing informal jobs stabilizes revenue. Expanding global value chains, especially in tourism, boosts growth. Institutional reform is key for lasting prosperity.

Africa East Africa

Freedom and Prosperity Around the World

Feb 26, 2024

South Africa needs political change to meet economic demands

By Greg Mills

South Africa’s future hinges on political changes, especially the potential shift to a coalition government in the 2024 election. Economic challenges, including rising debt, demand urgent reforms. Global alliances, notably with BRICS and China, affect trade dynamics, emphasizing the need for diversification.

Africa Elections

Freedom and Prosperity Around the World

Feb 26, 2024

China’s authoritarian trend meets resistance in East Asia and the Pacific

By Kelley E. Currie

China’s influence shapes political and economic dynamics in East Asia and the Pacific. Despite resistance, its practices hinder freedom across the region. Youth movements demand responsive systems. Weak institutions and challenges like inequality persist, requiring diversified economic strategies and strengthened democracies to navigate regional complexities.

China Democratic Transitions

Events

About the Freedom and Prosperity Indexes

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Democracy Pulse

Democracy Pulse

Democracy Pulse breaks down the latest trends and data in democracy and human rights in a succinct shorts series. Available on YouTube and Atlantic Council TV.

Media

Lai Ching-te of the Democratic Progressive Party has won the election in Taiwan, and will be inaugurated as Taiwan’s next president on May 20. As his term commences, James Storen breaks down Taiwan’s performance in the Freedom and Prosperity Indexes, examining numerous indicators including political freedom and elections.
Brazil, Russia, India, China, and South Africa, the economic bloc known as BRICS, convened for their annual summit in August. Ahead of the summit, James Storen breaks down the performance of these countries in the 2023 Freedom and Prosperity Indexes. Freedom has declined in all BRICS countries, which has slowed down their progress in achieving prosperity.
An overview of the methodologies and takeaways behind the 2023 Freedom and Prosperity Indexes, which measure freedom and prosperity for 164 countries around the world. The annual Freedom and Prosperity Indexes are a primary output of the Atlantic Council’s Freedom and Prosperity Center.

Explore the data

The Freedom and Prosperity Indexes rank 164 countries around the world according to their levels of freedom and prosperity. Use our award-winning site to explore twenty-nine years of data, compare countries and regions, and examine the sub-indexes and indicators that comprise our indexes.

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About the program

The Freedom and Prosperity Center aims to increase the prosperity of the poor and marginalized in developing countries and to explore the nature of the relationship between freedom and prosperity in both developing and developed nations.