There are few real communist regimes left around the world, and even those are not really communist. So, maybe democracy and economic freedom do not correlate well? Apparently, they do. Democracy and economic freedom go together!

What: Democracy Index and Economic Freedom Index
When: 2018 for Democracy and 2019 for Economic Freedom Index, which covers years 2017-2018.
Where: 162 countries of the world
Source: EIU for Democracy Index and The Heritage Foundation for Economic Freedom Index