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

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

Russia will suffer decreases in every dimension of prosperity

By Konstantin Sonin

Over fifteen years, Russia’s economy stagnated with low growth and persistent inequality. Challenges include minority rights restrictions, healthcare issues, and an educational crisis due to teacher exodus.

Europe & Eurasia Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Foreword: Creating another wave of democracy

By Daron Acemoglu

The best way to counter the current pernicious trends is to create another wave of democracy, similar to the one witnessed after the collapse of military dictatorships in Southern Europe in the 1970s. This requires reinstating democracy support, institutional trust, and empowering civil society appropriately.

Civil Society Democratic Transitions

Freedom and Prosperity Around the World

Feb 26, 2024

Ukraine’s recovery hinges on allied support

By Yuriy Gorodnichenko

Ukraine faces challenges with its judicial system and war aftermath, including destruction, displacement, and educational setbacks. Recovery will require allied support and strategic policies.

Europe & Eurasia Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Regaining trust in government

By Simeon Djankov, Joseph Lemoine, Dan Negrea

Crises like COVID-19 prompt increased government control, challenging liberal values. Declining trust in governments clashes with security needs, urging policies to balance freedom and prosperity. Energy security challenges hinder net-zero goals, posing economic challenges globally, alongside privacy dilemmas amid surveillance tech in China, Russia, and the Middle East.

Civil Society Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Economic challenges are a barrier to Argentina’s prosperity

By Guido Sandleris

In Argentina’s recent election, libertarian economist Javier Milei won by 11 percent, tapping into economic discontent. His platform stressed freedom and spending cuts, but facing challenges like hyperinflation and fiscal deficits, he may need to moderate his approach for success.

Economy & Business Energy & Environment

Freedom and Prosperity Around the World

Feb 26, 2024

Economic reform is crucial for growth in Brazil

By José A. Scheinkman

Brazil’s economic prospects are hindered by high taxes, inefficient regulations, and security concerns, particularly in drug trafficking routes. Reform efforts, including tax and fiscal reforms, along with leveraging Brazil’s strengths like clean energy, are crucial for growth and education opportunities.

Brazil Economy & Business

Freedom and Prosperity Around the World

Feb 26, 2024

Chile struggles with economic stagnation

By Andrés Velasco

Chile grapples with economic slowdown and political polarization. Growth has stalled, and trust in democratic institutions has waned as parties have multiplied. Despite failed attempts to rewrite the constitution, polarization persists, complicating Chile’s political future.

Economy & Business Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Mexico’s vital institutions face decline

By Vanessa Rubio-Márquez

Mexico’s institutions are vital for freedoms, but face decline. To advance, it needs strong governance, growth, and redistribution. Despite potential growth from favorable conditions, risks persist. Strengthening governance and productivity is crucial for prosperity.

Economy & Business Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Egypt grapples with political uncertainty under El-Sisi

By Rabah Arezki

Egypt faces economic challenges with heavy debt and political unrest. President Abdel Fattah El-Sisi’s reelection may not prompt reforms, exacerbating inflation and currency devaluation. Gulf aid hinges on reforms, while militarization impedes change. Regional tensions heighten instability risks.

Conflict Elections

Events

About the Freedom and Prosperity Indexes

Watch and share the video on YouTube.

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.

Stay engaged

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.