Economic Freedom, access to sound money

scale 0-10, 1970–2016

Info Edit
    1970 Ranking
    1. Kuwait 9.86
    2. Panama 9.71
    3. Venezuela 9.71
    4. Canada 9.69
    5. Belgium 9.64
    6. Botswana 9.64
    7. Mauritius 9.62
    8. Australia 9.62
    9. United States 9.59
    10. Switzerland 9.59
    11. Honduras 9.49
    12. Bolivia 9.49
    13. Taiwan 9.48
    14. Netherlands 9.48
    15. Germany 9.47
    16. Paraguay 9.47
    17. Nicaragua 9.39
    18. Guyana 9.36
    19. Sierra Leone 9.29
    20. Malta 9.26
    21. Costa Rica 9.21
    22. Mexico 9.18
    23. Haiti 9.17
    24. Papua New Guinea 9.16
    25. Trinidad and Tobago 9.12
    26. Barbados 9.09
    27. Bahamas 9.03
    28. Bahrain 9.00
    29. Madagascar 8.92
    30. Jamaica 8.86
    31. Burundi 8.85
    32. Hong Kong 8.85
    33. Fiji 8.75
    34. Belize 8.74
    35. Iran 8.47
    36. Bangladesh 8.46
    37. Austria 8.38
    38. Greece 8.35
    39. Luxembourg 8.34
    40. Oman 8.16
    41. Finland 7.99
    42. Argentina 7.87
    43. Singapore 7.32
    44. South Africa 7.16
    45. Egypt 7.15
    46. Portugal 7.15
    47. Malaysia 7.12
    48. Gabon 7.06
    49. France 7.04
    50. Guatemala 6.99
    51. Pakistan 6.98
    52. Dominican Republic 6.97
    53. El Salvador 6.97
    54. Senegal 6.97
    55. Morocco 6.95
    56. Japan 6.93
    57. Spain 6.92
    58. Ivory Coast 6.92
    59. Chad 6.90
    60. Togo 6.89
    61. Tunisia 6.88
    62. Denmark 6.84
    63. Sri Lanka 6.83
    64. Benin 6.77
    65. India 6.75
    66. Philippines 6.75
    67. Thailand 6.71
    68. Ghana 6.67
    69. Ireland 6.64
    70. Syria 6.62
    71. Congo (Kinshasa) 6.57
    72. Congo (Brazzaville) 6.57
    73. Burma (Myanmar) 6.55
    74. Ecuador 6.54
    75. Algeria 6.53
    76. Niger 6.45
    77. Malawi 6.43
    78. Italy 6.42
    79. Israel 6.37
    80. Central African Republic 6.28
    81. Norway 6.25
    82. Colombia 6.25
    83. Nepal 6.23
    84. Tanzania 6.22
    85. Mali 6.20
    86. New Zealand 6.18
    87. Sweden 6.13
    88. Hungary 6.10
    89. Rwanda 6.08
    90. United Kingdom 5.99
    91. Brazil 5.99
    92. Chile 5.98
    93. Peru 5.94
    94. Cameroon 5.92
    95. Kenya 5.90
    96. China 5.82
    97. Iceland 5.74
    98. Uruguay 5.48
    99. South Korea 5.28
    100. Zambia 5.13
    101. Zimbabwe 5.04
    102. Cyprus 4.76
    103. Jordan 4.41
    104. Indonesia 4.32
    105. Turkey 4.11
    106. Nigeria 2.61
    107. Uganda 0.84
    2016 Ranking
    1. Switzerland 9.92
    2. Denmark 9.86
    3. United States 9.85
    4. United Kingdom 9.84
    5. El Salvador 9.81
    6. Costa Rica 9.78
    7. Singapore 9.76
    8. Taiwan 9.72
    9. Hungary 9.71
    10. Panama 9.70
    11. Peru 9.70
    12. Lebanon 9.69
    13. Indonesia 9.68
    14. Poland 9.65
    15. Jordan 9.62
    16. South Korea 9.61
    17. Mauritius 9.59
    18. Canada 9.58
    19. Hong Kong 9.57
    20. Guatemala 9.56
    21. Albania 9.55
    22. Armenia 9.52
    23. Slovenia 9.52
    24. Japan 9.52
    25. Norway 9.50
    26. Netherlands 9.50
    27. Spain 9.49
    28. Cyprus 9.49
    29. Germany 9.48
    30. France 9.48
    31. Malta 9.48
    32. Slovakia 9.47
    33. Dominican Republic 9.47
    34. New Zealand 9.46
    35. Australia 9.45
    36. Italy 9.44
    37. Bulgaria 9.44
    38. Austria 9.43
    39. Philippines 9.42
    40. Bahrain 9.40
    41. Israel 9.40
    42. Czech Republic 9.39
    43. Mongolia 9.39
    44. Bolivia 9.39
    45. Belgium 9.38
    46. Liberia 9.36
    47. Finland 9.36
    48. Kyrgyzstan 9.36
    49. Rwanda 9.35
    50. Portugal 9.35
    51. Romania 9.34
    52. Lithuania 9.34
    53. Sweden 9.34
    54. Chile 9.33
    55. Estonia 9.33
    56. Latvia 9.32
    57. Luxembourg 9.31
    58. Cambodia 9.31
    59. Honduras 9.29
    60. Paraguay 9.28
    61. Ireland 9.26
    62. Gambia 9.25
    63. Georgia 9.22
    64. Kenya 9.22
    65. Croatia 9.14
    66. Nicaragua 9.10
    67. United Arab Emirates 9.10
    68. Russia 9.10
    69. Botswana 9.06
    70. Trinidad and Tobago 9.05
    71. Yemen 9.04
    72. Saudi Arabia 9.02
    73. Turkey 9.01
    74. Seychelles 9.00
    75. Uruguay 8.97
    76. Tajikistan 8.83
    77. Brunei 8.80
    78. Oman 8.79
    79. Qatar 8.68
    80. Timor Leste 8.67
    81. Uganda 8.65
    82. Thailand 8.64
    83. Jamaica 8.59
    84. Kazakhstan 8.55
    85. China 8.54
    86. Iran 8.43
    87. Kuwait 8.34
    88. Guyana 8.33
    89. Bosnia and Herzegovina 8.32
    90. Zimbabwe 8.30
    91. Montenegro 8.27
    92. Zambia 8.26
    93. Ecuador 8.25
    94. Tanzania 8.22
    95. India 8.20
    96. Serbia 8.15
    97. Egypt 8.15
    98. Macedonia (F.Y.R.O.M.) 8.13
    99. Cape Verde 8.13
    100. Mexico 8.11
    101. Mauritania 8.10
    102. South Africa 8.08
    103. Greece 8.04
    104. Moldova 7.98
    105. Colombia 7.97
    106. Brazil 7.97
    107. Guinea 7.94
    108. Madagascar 7.90
    109. Lesotho 7.84
    110. Swaziland 7.73
    111. Burundi 7.59
    112. Azerbaijan 7.51
    113. Nigeria 7.46
    114. Congo (Kinshasa) 7.35
    115. Laos 7.34
    116. Iraq 7.26
    117. Algeria 7.25
    118. Morocco 7.22
    119. Haiti 7.22
    120. Cameroon 7.22
    121. Belize 7.20
    122. Mali 7.20
    123. Senegal 7.20
    124. Ivory Coast 7.18
    125. Burkina Faso 7.12
    126. Tunisia 7.06
    127. Iceland 7.06
    128. Togo 7.03
    129. Niger 7.02
    130. Benin 7.01
    131. Bangladesh 6.98
    132. Ghana 6.97
    133. Sierra Leone 6.94
    134. Bahamas 6.89
    135. Chad 6.73
    136. Bhutan 6.72
    137. Malawi 6.72
    138. Gabon 6.59
    139. Pakistan 6.59
    140. Central African Republic 6.53
    141. Sri Lanka 6.49
    142. Burma (Myanmar) 6.48
    143. Vietnam 6.47
    144. Fiji 6.45
    145. Nepal 6.44
    146. Barbados 6.40
    147. Papua New Guinea 6.36
    148. Namibia 6.14
    149. Guinea Bissau 6.02
    150. Suriname 6.00
    151. Mozambique 5.96
    152. Malaysia 5.79
    153. Ethiopia 5.73
    154. Libya 5.66
    155. Argentina 5.61
    156. Angola 5.61
    157. Congo (Brazzaville) 5.60
    158. Sudan 5.53
    159. Belarus 5.33
    160. Syria 5.12
    161. Ukraine 4.88
    162. Venezuela 1.94

    Access to sound money is measured by the inflation rate and its volatility. To the extent that a country’s money is not a reliable store of value, it undermines exchange, hinders economic planning, distorts prices, and, through inflation, serves as a tax. Inflation erodes the value of rightfully earned wages and savings. Sound money is thus essential to protect property rights. When inflation is not only high but also volatile, it becomes difficult for individuals to plan for the future and thus use economic freedom effectively.

    Source: Fraser Institute