A research fellow at the Heritage Foundation, Washington DC, James Roberts, has revealed that Ghana is number 72 in the 2016 economic freedom index.
Ghana ranked 72nd among 186 countries in the global ratings and 5th out of 46 countries in the regional ratings.
Mr Roberts said at an IEA forum that Ghana has dropped 22points on the corruption score since 1995 despite recording 2.3 increase in overall score since 2012.
Under the rule of law, Ghana recorded a 2.0 increase on freedom from corruption.
The Economic Freedom Index seeks to assess the extent to which countries have absolute right of property ownership, fully realised movement for labour, capital and goods and absence and absence of constraints of economic liberty.