2022 Index of Economic Freedom: Biden's Economy Drags US to All-Time Low Ranking; Taiwan Earns First "Free" Rating; Economic Freedom Declines Worldwide
WASHINGTON—Economic freedom is in growing peril in the United States and abroad, according to The Heritage Foundation’s “2022 Index of Economic Freedom,” released Monday. This year's index reveals a global economy that, taken as a whole, remains “moderately free.” However, the global average economic freedom score is now 60—a loss of 1.6 points from the 2021 Index’s score of 61.6.