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

Scaling up the transatlantic partnership from security to prosperity: Economic resilience in Eastern Europe

By Clara Volintiru, Camelia Crişan, and George Ștefan

Achieving long-term prosperity and stability in Eastern and Central Europe requires strategic engagement by Western allies. Economic resilience is crucial and requires three overlapping lines of effort: increasing European integration; transitioning to a new economic model; and engaging all societal actors in the pursuit of sustainable and shared prosperity.

Eastern Europe European Union

The Freedom and Prosperity Equation

Sep 18, 2023

Dimensions of freedom and economic performance

By Ignacio Campomanes

Democracy can be strengthened significantly if we can rigorously show that free societies are also superior to autocracies in producing higher overall prosperity. Defining the attributes of liberal democracies is essential to understand the relationship between freedom and prosperity.

Freedom and Prosperity Macroeconomics

The Freedom and Prosperity Equation

Sep 18, 2023

Introduction: The continuing debate about freedom and prosperity

By Dan Negrea, Brad Lips, Kris Mauren

Freedom and prosperity are strongly correlated, and freedom is necessary for sustained economic growth. Some authoritarian regimes have enjoyed some economic success, but the Chinese development model does not provide a sustainable path to prosperity and comes at the expense of human rights and individual freedoms.

Democratic Transitions Economy & Business

The Freedom and Prosperity Equation

Sep 18, 2023

Pathways to economic prosperity: Theoretical, methodological, and evidential considerations

By Markus Jaeger

Economic development is a complex, multi-causal phenomenon and it is useful to consider how different elements, including policies and institutions, interact to produce sustained economic growth. Depending on the situation, various reforms can nudge nations toward certain paths.

Freedom and Prosperity Macroeconomics

The Freedom and Prosperity Equation

Sep 18, 2023

How prepared are conflicting world orders for the next wave of technological innovation?

By Julio Amador Diaz Lopez

Protecting rule of law, free markets, and diversity of people and ideas remain essential to harnessing new technologies—the key to prosperity in our time.

Entrepreneurship Freedom and Prosperity

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

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.