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Back|Hong Kong retains status as world’s freest economy in Fraser Institute ranking
Hong Kong retains status as world’s freest economy in Fraser Institute ranking
NEWS
SCMP Economy·1 hour ago·Business·1 min read·🇨🇳China

Hong Kong retains status as world’s freest economy in Fraser Institute ranking

Switzerland overtakes Singapore for second place in the 2026 Economic Freedom of the World report

Quick Look

  • Hong Kong remains the world's freest economy in the Fraser Institute's 2026 report, despite a declining score in recent years.
  • Switzerland claimed second place, moving Singapore to third.

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Why It Matters

The Economic Freedom of the World report is compiled annually by the Fraser Institute using historical data.

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Hong Kong has retained its status as the world’s freest economy in the latest annual ranking by a top Canadian think tank, although its score has declined in recent years.

Switzerland overtook Singapore to claim second place, pushing the city state down to third in the rankings released on Tuesday by the Fraser Institute.

The 2026 Economic Freedom of the World report, compiled by the Vancouver-based public policy research organisation using data from 2024, ranked Hong Kong first among 165 jurisdictions.

Hong Kong lost the top spot for the first time in 2023, before reclaiming it in 2024 and retaining it in 2025.

Open Questions

  • ?What caused Hong Kong's score to decline in recent years?

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This article was originally published by SCMP Economy.

Quick Look

  • Hong Kong remains the world's freest economy in the Fraser Institute's 2026 report, despite a declining score in recent years.
  • Switzerland claimed second place, moving Singapore to third.

AI-generated summary

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Global
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SCMP Economy
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Published
1 hour ago
hong kong
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fraser institute
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Fraser Institute
Hong Kong
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economy
fraser institute
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economic freedom

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