This change was achieved during the 15 months of the Government of Javier Milei. The country is still among the last of South America, only surpassed by Bolivia (164 °) and Venezuela (174 °).
After the reforms faced by the government of Javier Milei, Argentina climbed 21 positions in the 2025 economic freedom index of The Heritage Foundation. Now occupies the 124th position worldwide, leaving the “repressed” category to move on to “Almost without freedom.”
The change in the ranking was released on Wednesday by the Ministry of Deregulation and Transformation of the Nation. According to the portfolio “the managers of the Foundation met with the President Milei and Minister Sturzenegger. They highlighted the advances made by the Government Reform Agenda. “
The country is still still among the last of South America, only surpassed by Bolivia (164 °) and Venezuela (174 °). The ranking in the region is headed by Chile (18 °), Uruguay (29 °), Peru (54 °), Paraguay (59 °), Colombia (89 °) and Ecuador (113 °).
Other data that highlighted deregulation about the evolution of its management since Javier Milei assumed in December 2023, were the “Government size”, moving from 35.7 to 67.9 points in terms of fiscal health, and that of “Freedom in markets”up 10 points, 55 to 65 points.
The Heritage Foundation’s look on the Government
“The election in November 2023 of the reformist President Javier Milei has considerably promoted the reform and revitalization of the Argentine economy. Although the economy faces huge challenges, the determined economic reform agenda of Milei has made notable progress,” He highlighted The Heritage Foundation report.
“Public finance management has improved and has become more disciplined, with the reduction of the size and scope of the government through various fiscal and regulatory reforms. Inflation has decreased and monetary stability has been strengthened, “he added.
The Heritage Foundation is an American conservative organization created in 1973, and based in Washington DC. During the governments of Republican Ronald Reagan (1980-1988) he achieved an outstanding leadership in promoting economic openness and deregulation. According to its official website, its objective is to promote the dissemination of the principles of individual freedom, limited government, free company, national defense and American traditional values.
Source: Ambito
