Saturday 24 September 2016

Which countries have the greatest economic freedom?

From the Economic Freedom of the World: 2016 Annual Report comes these rankings of economic freedom. The ratings are for 2014, the most recent year for which comprehensive data are available.

New Zealand is in at 3. Hong Kong is at 1 and Singapore 2.
For the record the 10 lowest-rated countries, not shown, are: Iran, Algeria, Chad, Guinea, Angola, Central African Republic, Argentina, Republic of Congo, Libya, and lastly Venezuela. Yes the Socialist paradise that is Venezuela made it to 159 out of 159. But to be fair to Venezuela, North Korea is not in the rankings and if they were Venezuela may only be second to bottom.

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