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Singapore still 2nd freest economy in the world but gap with top-ranked Hong Kong widens

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Singapore retained its position as the second freest economy in the world for the 22nd consecutive year, but the margin with its rival Hong Kong has widened.

[SINGAPORE] Singapore retained its position as the second freest economy in the world for the 22nd consecutive year, but the margin with its rival Hong Kong has widened.

With a score of 87.8 points on the Index of Economic Freedom this year, published by the Heritage Foundation and the Wall Street Journal, Singapore was 0.8 point shy of the Chinese financial hub. Last year, the margin between the two cities was 0.2 point.

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