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Data cited at: Heritage Foundation   Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. Economic Freedom Scores: Range and level of freedom 80–100:- Free 70–79.9:- Mostly Free 60–69.9:- Moderately Free 50–59.9:- Mostly Unfree 0–49.9:- Repressed

The 2022 IPRI classifies 129 countries, representing 93.91% of the world population and 97.73% of the global GDP. The selection of countries was determined solely by the availability of sufficient data. The results continue to suggest that countries with high scores on the IPRI and its components also show high levels of income and development, indicating the positive relationship between a property rights regime and quality of life. The average score of the IPRI for 2022 is  5.19, where the Legal and Political Environment (LP) was the weakest component with a score of 5.06, followed by the Intellectual Property Rights (IPR) component with a score of 5.24; and quite close, the Physical Property Rights (PPR) was the strongest component with a score of 5.27  For the fourth consecutive year, we found a decrease in the overall score of the IPRI and this year, also for all of its components. Finland leads the IPRI (8.17) as well as its PPR component (8.53), while New Zealand leads the LP (8.76) and the USA the IPR component (8.73). Singapore ranks 2nd in its IPRI score (7.97) followed by Switzerland (7.94) and New Zealand (7.93).