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Argentina is #145
Argentina is #145 in Economic Freedom out of 176 Countries.
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Every year the Heritage Foundation, a leading U.S. nonprofit, produces the Index of Economic Freedom Report and ranks how free and open each country’s economy is.
With a score of 49.9 out of 100, Argentina is classified as:
When it’s about soccer, every Argentinian desperately wants to be #1. We need that passion where it really counts:
Want greater income and a better quality of life?
Improve economic freedom!
Evidence clearly shows that greater economic freedom leads to higher standards of living, increased job creation, improved education and healthcare, greater prosperity, and enhanced environmental stewardship.
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What Does Being “Repressed” Mean for Argetina?
Argentina’s classification as "Repressed" on the Index of Economic Freedom signifies severe restrictions on economic liberty, with widespread government intervention and weak institutional protections. For the average Argentine, this means limited job prospects, high inflation, and restricted opportunities to grow wealth, creating daily struggles to maintain purchasing power and financial stability.
What categories doES ARgentina DO well in?
To perform well ("mostly free"), a country must score between 70 and 79.9. To be classified as excellent ("free"), a country must achieve a score of 80 or higher. Unfortunately, Argentina does not currently score well (Free or Mostly Free) in any of the 12 categories
Solutions
Argentina’s lowest category, Monetary Freedom, scores just 29.4 out of 100, highlighting the country’s persistent inflation and currency instability. This low score means that Argentine citizens face constantly rising prices, which reduces their purchasing power and makes saving nearly impossible. Improving monetary freedom would require stringent measures to control inflation, stabilize the currency, and enhance central bank independence to restore public confidence in the national economy.
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Property Rights score 34.5 out of 100 in Argentina, indicating inadequate legal protections for private ownership and insecure investment environments. This weakness affects citizens by making it risky to invest in property or businesses, as laws do not fully protect ownership rights or resolve disputes effectively. Enhancing property rights would involve implementing judicial reforms to strengthen legal protections, streamlining processes for property registration, and creating more transparent property dispute resolution mechanisms.
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Argentina’s Fiscal Health, at 35.7 out of 100, reflects high public debt and budget deficits, posing further challenges to economic stability. For the average person, this fiscal instability can mean higher taxes, fewer public services, and economic uncertainty that makes long-term planning difficult. To improve fiscal health, Argentina could focus on reducing public debt through balanced budgets, controlling government spending, and seeking efficient tax reforms to stabilize its economy and reduce the burden on citizens.
Aregentina's Score Over Time
Since 2013 Chile's score has mostly been on the decline.
