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

The Freedom and Prosperity Equation

Sep 18, 2023

Prosperity: Freedom and its twin, cooperation

By Michael Klein

Societies need freedoms to prosper, but cooperation is just as important for firms and markets to reach their full potential. The challenge is about finding a balance between the two.

Economy & Business Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

The quest for freedom and prosperity in the Middle East and North Africa

By Khémaies Jhinaoui

Following the Arab Spring, the lack of realism and inexperience of ruling regimes hindered progress. Three key lessons: the quest for freedom does not have to be radical; gradual reform is more effective, and foreign influence shapes the struggle for regional freedom and prosperity.

Democratic Transitions Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Who came first: Freedom or prosperity? An inquiry about liberty and well-being

By Vladimir Fernandes Maciel, Ulisses Monteiro Ruiz de Gamboa, Paulo Rogério Scarano, and Julian Alexienco Portillo

The symbiosis between freedom and prosperity: a virtuous cycle (higher levels of freedom and prosperity lead to more freedom and prosperity) and a vicious cycle (lower levels of freedom and prosperity lead to less freedom and prosperity), with these cycles tending to reinforce each other.

Freedom and Prosperity Macroeconomics

The Freedom and Prosperity Equation

Sep 18, 2023

The causal relationship between economic freedom and prosperity

By Jamie Bologna Pavlik, Benjamin Powell, and Andrew Young

Economic freedom not only correlates with prosperity but is an important cause of prosperity. Meaningful increases in economic freedom have been shown to lead to large increases in GDP per capita, supporting Adam Smith’s assertion that increased economic freedom is an essential ingredient for greater prosperity worldwide.

Economy & Business Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Freedom, prosperity, and human development in Egypt: Why does freedom matter?

By Mohamed M. Farid

Egypt’s development over the last 15 years has been limited by heavy-handed government intervention and poorly thought-out public spending. To go forward, Egypt must reduce the role of the state in the economy, implement free-market reforms, and focus public investments on human capital.

Economy & Business Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Violence against journalists: A tool to restrict press freedom in Mexico

By Sergio M. Alcocer and Jeziret S. González

Violence against human rights defenders and journalists is a long-term struggle for Mexico and happens every day with almost total impunity. Without freedom of the press, prosperity cannot be fully achieved.

Freedom and Prosperity Human Rights

The Freedom and Prosperity Equation

Sep 18, 2023

The role of elites in driving towards long-term prosperity: The case of Kenya in Sub-Saharan Africa

By Luis Ravina Bohórquez

Investigating the role of elites in ensuring a country’s prosperity and development. Strong institutions and government policies are crucial to this process as they have the duty to empower society with the necessary tools to question nepotism and corruption.

Freedom and Prosperity Political Reform

The Freedom and Prosperity Equation

Sep 18, 2023

Mexico “Mostly Free”? Mexico “Mostly Prosperous”?: Uncovering shades of gray in the Freedom and Prosperity Indexes

By Vanessa Rubio-Marquez

Freedom and prosperity are fragile ideals that depend on many factors that must be protected and consistently adjusted. Particular attention must be paid to countries where warning signs of decline are present.

Democratic Transitions Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Informality as an anti-measure of prosperity

By Elakiya Ananthakrishnan

Inefficient public institutions and weak rule of law lead citizens to conduct business outside of regulated markets. The resulting informality impact countries’ overall prosperity.

Freedom and Prosperity Political Reform

The Freedom and Prosperity Equation

Sep 18, 2023

Understanding India’s freedoms on the path to prosperity

By Prashant Narang and Parth J. Shah

Comparing India’s performance on the Freedom and Prosperity Indexes with others to identify improvement opportunities for India.

Freedom and Prosperity India

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.