5 Most Liberal Countries in the World

4. New Zealand

Financial Development Index (2021): 0.617

Economic Freedom Index Ranking (2023): 5

Ease of Doing Business Ranking (2019): 1

Insider Monkey Rating: 10

New Zealand ranks 4th on our list, reporting a financial development index of 0.617 as of 2021. According to the Heritage Foundation, New Zealand is ranked 5 on the Economic Freedom Index of 2023.