Hong Kong remains world’s freest economy as Switzerland overtakes Singapore
- Posted on October 6, 2026
- By South China Morning Post
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- 1 min read
Hong Kong maintains its position as the world's most economically free jurisdiction according to the Fraser Institute's latest Economic Freedom of the World report. The ranking evaluates 165 economies worldwide, with Switzerland climbing to second place, displacing Singapore. This annual assessment measures factors including regulatory efficiency, property rights protection, and market openness. Hong Kong's consistent top ranking reflects its robust business environment, low taxation, and minimal government intervention in commercial activities, making it an attractive hub for international investors and entrepreneurs.
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