Singapore ranks second in global economic freedom

The country also ranked second in international trade freedom.

Singapore ranked as the second most free economy in the world, scoring 8.55 out of 10, according to the Fraser Institute.

The report analysed five areas that assess the extent to which countries' policies and institutions allow individuals to make their own economic choices.

Of the five categories, Singapore ranked second in freedom to trade internationally with a score of 9.56, third in regulation (8.73), 11th in legal systems and property rights (8.40), 31st in sound money (8.71), and 47th in the size of government (7.32).

Meanwhile, Hong Kong ranked first with a score of 8.58, whilst Venezuela placed last at 165th with a score of 3.02.

Follow the link for more news on

Singapore economy

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia