Hong Kong ranked as the world’s freest economy in 2026 report

Hong Kong has been ranked as the world’s freest economy in the 2026 Economic Freedom of the World Annual Report, published by the Canada-based Fraser Institute. Out of 165 jurisdictions evaluated, Hong Kong secured the top position with a score of 8.53 out of 10.

In specific assessment categories, Hong Kong maintained first place globally for “freedom to trade internationally” and ranked second for “regulation.” Switzerland followed in second place overall, with Singapore and New Zealand ranking third and fourth, respectively.

A spokesperson for the Hong Kong Special Administrative Region (HKSAR) Government stated that the report affirms the city’s strengths as a free-market economy and its open, efficient, and fair business environment. The government emphasized its commitment to maintaining its free port status, zero-tariff policy, and a simple, low-tax regime to provide a stable environment for global investors despite rising international trade protectionism.