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

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

Freedom and Prosperity Around the World

Feb 26, 2024

Saudi Arabia’s economic shifts under MBS raise stability concerns

By Rabah Arezki

Saudi Arabia’s economic transformation under MBS maintains political control, risking instability amid regional conflicts. Reliance on public funds for investments may falter as the world shifts from fossil fuels, and demands for political freedom grow.

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

Report

Jan 11, 2024

False promises: The authoritarian development models of China and Russia

By Joseph Lemoine, Dan Negrea, Patrick Quirk, Lauren Van Metre

Are authoritarian regimes more successful than free countries in offering prosperity to their people? The answer is decidedly no, yet China and Russia advertise the “benefits” and “promise” of their authoritarian development model. This paper showcases why and how the authoritarian development model is inferior to that of free societies.

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.