World rankings

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  • World No.1 – freest economy for the past 25 years (US-based Heritage Foundation)
  • World No.1 – for economic freedom since 1996 (Canada-based Fraser Institute)
  • World No.1 – for economic openness (UK-based Legatum Institute: Global Index of Economic Openness 2019)
  • World No.2 – competitive economy (Swiss-based International Institute for Management Development: World Competitiveness Yearbook 2019)
  • World No.7 – for global competitiveness (World Economic Forum (WEF) Global Competitiveness Report 2018)
  • World No.4 – Ease of Doing Business (World Bank: Doing Business Report 2019)