"The election in November 2023 of reformist President Javier Milei has significantly boosted the reform and revitalization of the Argentine economy. While the economy faces enormous challenges, Milei's determined economic reform agenda has achieved remarkable progress," explains the report by The Heritage Foundation.
"The management of public finances has improved and 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 strengthened," it adds.
A few days ago, President Milei and Minister Federico Sturzenegger, in charge of the Deregulation portfolio, met with executives from The Heritage Foundation to analyze the results. During the meeting, the foundation's representatives praised the Argentine government's reform agenda.
Javier Milei, presidente de Argentina.
Initiatives like the Decree of Necessity and Urgency (DNU) 70/2023, also known as the "deregulatory DNU," and the numerous deregulations carried out by Minister Sturzenegger were key in Argentina's rise in the ranking.
Another essential pillar was the Law of Bases and Starting Points for the Freedom of Argentines, approved in 2024 after intense negotiations in Congress.
Although its final version was more reduced than the original proposal, it included structural reforms such as the declaration of economic emergency and the promotion of privatizations, which contributed to improving economic stability and freedom.
The rise in the Index of Economic Freedom reflects a change of course that positions the country as a case study in the region, showing that greater economic freedom is synonymous with concrete improvements for the economy and the well-being of citizens.
Argentina made a significant leap in the 2025 Index of Economic Freedom by The Heritage Foundation, climbing 21 positions to reach 124th place globally, according to data based on 2024 performance.
The news was revealed by the official account of the Ministry of Deregulation and State Transformation, led by Federico Sturzenegger, on X.
This progress, marking a milestone in the country's recent history, reflects the results of the ambitious reforms driven by the Government of Javier Milei, who, since taking office in December 2023, implemented an agenda of deregulation and economic liberalization as the central axis of his administration.
The data published by the Ministry of Deregulation highlight substantial improvements in several key variables. In terms of fiscal health, Argentina increased its score from 35.7 to 67.9, a jump of 32.2 points that demonstrates the efforts to reduce the deficit and stabilize public accounts.
Datos del Ministerio de Desregulación.
Meanwhile, the freedom to make investments grew 10 points, rising from 55 to 65, while foreign trade freedomimproved by 5.8 points, from 58.6 to 64.4.
These advances allow the country to exit the category of "repressed economies" and enter the group of "mostly unfree," a change not seen in decades.
