Economic Freedom Updates

In September we covered the release of the Fraser Institute’s 2025 Economic Freedom of the World report. I said then:

The authors are doing great work and releasing it for free, so no complaints, but two additional things I’d like to see from them are a graphic showing which countries had the biggest changes in economic freedom since last year, and links to the underlying program used to create the above graphs so that readers could hover over each dot to identify the country

Well, now Matthew Mitchell of the Fraser Institute has done that:

I can only post a screenshot of a scatterplot here, but if you click through to the Fraser report you can hover over any dot to see which country it represents:

One thought on “Economic Freedom Updates

  1. Scott Buchanan's avatar Scott Buchanan November 11, 2025 / 8:00 am

    For the countries that showed big increases in economic freedom, FIgure 3 shows in all cases it was due to a huge step change between 1990 and 1998, in diverse global regions. Then pretty much flat. I can see Estonia benefitting from the fall of the Soviet Union in that time frame, but otherwise it seems like there is something wrong with the data set — maybe the methodology of evaluation changed in those 8 years? Or maybe the internet boom of the 1990s did something there?

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