Monday, January 14, 2013

Most Free Economies in 2013

I just come across this "Index of Economy Freedom" which was published recently by U.S. heritage foundation and I think it is worth to share with you guys if you haven't heard about it.

So what is this "Index of Economy" about? It basically tells how free are you to work, produce, consume and invest in any way you want to be? In short, the higher points a country gets, the freedom you're in terms of investment perspective.  If you want to know the detail, refer to the link at the end of this article.

Top Ten World Ranking

  1. Hong Kong
  2. Singapore
  3. Australia
  4. New Zealand
  5. Switzerland
  6. Canada
  7. Chile
  8. Mauritius
  9. Denmark
  10. United States

This graphical representative is cool as you can see overall ranking in all around the world. 

Where is Malaysia stand by the way? Malaysia is ranked 56th, and categorized under moderately free (i.e. yellow / between 60 to 70) which is ranked 9th in the regional ranking. It is still better than a lot of our neighbors but not comparing to those developed one. :)

I don't know what conclusion can be made here but it seems to me the more developed a country is, the more economy freedom there are.

For detail on the research, ranking and data, and you can also plot the trend, please refer here:


zool said...

not good place for Malaysia

ChampDog said...

lol depends on who you compare to! :)

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