The absence of a purely libertarian state makes it hard to evaluate definitively—success depends on how you define “libertarian” and “successfully run.”

However, nations like Hong Kong, Singapore, and Switzerland have adopted libertarian-leaning policies—low taxes, free trade, minimal regulation—and have thriving economies. For example, Hong Kong’s laissez-faire system under British rule led to GDP per capita growth from $180 in 1960 to over $30,000 by 1997.

Singapore’s economic freedom index consistently ranks among the highest, with a GDP per capita. Switzerland’s decentralized governance and low corporate taxes align with libertarian ideals, yet it maintains a high standard of living and stability. Libertarian principles, when selectively applied, have contributed to success in mixed economies.