For the 19th consecutive year, Hong Kong was ranked first in the chart of the freest economies in the world. The second place is occupied by Singapore, followed by Australia and New Zealand. Switzerland was fifth place in the ranking made by the Heritage Foundation, CNN informs.
United States (the largest economy in the world) was ranked tenth, while China (second economy in the world) was ranked 136.
In this chart, Romania ranks 59, being considered a country with a moderate economic freedom.
The chart includes 177 stated and it was made based on the Economic Freedom Index.
The world’s freest democracies in 2013:
1. Hong Kong
2. Singapore
3. Australia
4. New Zeeland
5. Switzerland
6. Canada
7. Chile
8. Mauritius
9. Denmark
10. USA
The countries at the end of the top:
168. Iran
169. Turkmenistan
170. Guiney
171. Congo
172. Myanmar (Burma)
173. Eritrea
174. Venezuela
175. Zimbabwe
176. Cuba
177. North Korea