2025 Competitiveness RedbookLive | Page 35

Economic , Fiscal , and Regulatory Freedom ( 2022 )
Economic Freedom
Score
Fiscal Policy Score
Regulatory
Rank
Rank
Policy Score
Rank
1 New Hampshire
0.71
0.05
17
0.45
2
2 Florida
0.57
0.03
23
0.45
1
3 South Dakota
0.52
0.13
3
0.31
3
4 Nevada
0.51
0.02
26
0.22
6
5 Arizona
0.44
0.04
21
0.16
10
6 Tennessee
0.38
0.05
19
0.30
4
7 Michigan
0.31
0.07
12
0.15
11
8 Missouri
0.30
-0.02
30
0.17
8
9 Georgia
0.28
0.07
11
0.17
9
10 Indiana
0.27
0.09
8
0.09
21
11 North Dakota
0.26
0.07
10
0.12
12
12 Virginia
0.24
0.05
18
0.07
25
13 Wisconsin
0.24
0.08
9
0.08
23
14 Idaho
0.23
0.12
5
0.12
14
15 Alaska
0.23
0.02
25
0.12
15
16 Wyoming
0.23
0.11
6
0.12
13
17 Texas
0.22
0.05
20
0.20
7
18 Pennsylvania
0.20
-0.09
37
0.22
5
19 Colorado
0.20
0.00
28
0.11
17
20 Montana
0.19
-0.07
35
0.11
19
21 Ohio
0.16
-0.02
31
0.11
16
22 Utah
0.16
0.10
7
-0.01
33
23 Oklahoma
0.15
0.01
27
0.07
24
24 North Carolina
0.14
0.02
24
0.05
27
25 Kansas
0.12
0.16
1
-0.08
38
26 Massachusetts
0.12
-0.13
39
0.11
18
27 Arkansas
0.11
0.07
14
0.03
30
28 Kentucky
0.11
0.07
13
0.04
29
29 South Carolina
0.08
0.06
16
0.01
32
30 Alabama
0.08
0.03
22
0.02
31
31 Louisiana
0.08
-0.03
32
0.05
26
32 West Virginia
0.07
0.00
29
-0.06
37
33 Connecticut
0.07
-0.13
40
0.10
20
34 Iowa
0.07
0.14
2
-0.15
43
35 New Mexico
0.04
-0.08
36
-0.08
39
36 Rhode Island
0.01
-0.18
42
0.09
22
37 Washington
0.01
-0.14
41
0.04
28
38 Nebraska
-0.02
0.13
4
-0.17
45
39 Illinois
-0.05
-0.10
38
-0.04
36
40 Mississippi
-0.05
0.06
15
-0.13
42
41 Minnesota
-0.06
-0.04
34
-0.11
40
42 Vermont
-0.19
-0.20
43
-0.18
46
43 Maine
-0.20
-0.30
45
-0.13
41
44 Delaware
-0.23
-0.04
33
-0.22
47
45 Maryland
-0.34
-0.38
47
-0.03
35
46 Oregon
-0.40
-0.33
46
-0.17
44
47 New Jersey
-0.42
-0.46
50
-0.01
34
48 California
-0.58
-0.45
49
-0.26
48
49 Hawaii
-0.72
-0.22
44
-0.53
50
50 New York
-0.77
-0.39
48
-0.45
49
According to a study by the Cato Institute , Washington ’ s economic , fiscal policy , and regulatory freedom , ranked 37th , 41st , and 28th , respectively among all states in 2022 .
TABLE 28 Source : Cato Institute