In the post WW2 era, it has overwhelmingly meant that. Not subtly, not kinda sorta, overwhelmingly. And the lack of liberty has overwhelmingly meant poverty.
The scales are so radically tilted toward those things, that the outliers are few on each side, counted on one hand typically.
Prosperous + high degrees of liberty: Switzerland, Norway, Ireland, Iceland, US, Canada, UK, Denmark, Australia, Sweden, Finland, Netherlands, Austria, Germany, Belgium, France, Japan, Israel, New Zealand, Italy, South Korea, Spain
You know, just nearly all the most affluent nations on the planet. Nearly all the most prosperous nations are also high liberty nations.
The list continues even further on down the line: Taiwan, Portugal, Estonia, Slovenia, Czech, Slovakia, Latvia, Lithuania, Greece, Poland
Even Romania for example now has a GDP per capita well exceeding that of China and Russia. How is that possible, that Romania is embarrassing Russia economically? One has far more liberty than the other; one is democratic, the other is autocratic to an extreme. In the not so distant future, Romania will double Russia's GDP per capita. Russia's liberty deprivation is beginning to show itself - again - in their economic regression (eg falling incomes for 5-6 years) and general stagnation.
What are examples of very impoverished high liberty nations? There are exceptionally few. So few I would challenge anybody to name more than three or four out of ~196 nations.
Outliers in the prosperous group when it comes to low liberty? Also exceptionally few: Qatar, Saudi Arabia, UAE
The low liberty group of nations is dramatically dominated by poverty by comparison.