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World Financial Freedom

World Financial Condition is the basically determined by the Freedom to do Work and contribute to the Economy.

#1 Singapore

Singapore’s economic freedom score is 89.4, making it the world’s freest economy in the 2020 Index. Its overall score is unchanged from 2019, with a small improvement in the business freedom score offset by a small decline in the government integrity score. Singapore is ranked 1st among 42 countries in the Asia–Pacific region, and its overall score is well above the regional and world averages.

Free

Rank	Country	Overall	Change	rank	Country	Overall	Change
1	Singapore	89.4	0.0	4	Australia	82.6	+1.7
2	Hong Kong	89.1	-1.1	5	Switzerland	82.0	+0.1
3	New Zealand	84.1	-0.3	6	Ireland	80.9	+0.4

Mostly Free

Rank	Country	Overall	Change	rank	Country	Overall	Change
7	United Kingdom	79.3	+0.4	23	Czech Republic	74.8	+1.1
8	Denmark	78.3	+1.6	24	Malaysia	74.7	+0.7
9	Canada	78.2	+0.5	25	South Korea	74.0	+1.7
10	Estonia	77.7	+1.1	26	Israel	74.0	+1.2
11	Taiwan	77.1	-0.2	27	Germany	73.5	0.0
12	Georgia	77.1	+1.2	28	Norway	73.4	+0.4
13	Iceland	77.1	0.0	29	Austria	73.3	+1.3
14	Netherlands	77.0	+0.2	30	Japan	73.3	+1.2
15	Chile	76.8	+1.4	31	Qatar	72.3	-0.3
16	Lithuania	76.7	+2.5	32	Latvia	71.9	+1.5
17	United States	76.6	-0.2	33	Rwanda	70.9	-0.2
18	United Arab Emirates	76.2	-1.4	34	Armenia	70.6	+2.9
19	Luxembourg	75.8	-0.1	35	Macau	70.3	-0.7
20	Finland	75.7	+0.8	36	Bulgaria	70.2	+1.2
21	Mauritius	74.9	+1.9	37	Cyprus	70.1	+2.0
22	Sweden	74.9	-0.3

Moderately Free

Rank	Country	Overall	Change	rank	Country	Overall	Change
38	Romania	69.7	+1.1	69	The Bahamas	64.5	+1.6
39	Kazakhstan	69.6	+4.2	70	Philippines	64.5	+0.7
40	Botswana	69.6	+0.1	71	Turkey	64.4	-0.2
41	North Macedonia	69.5	-1.6	72	Seychelles	64.3	+2.9
42	Malta	69.5	+0.9	73	Guatemala	64.0	+1.4
43	Thailand	69.4	+1.1	74	Italy	63.8	+1.6
44	Azerbaijan	69.3	+3.9	75	Oman	63.6	+2.6
45	Colombia	69.2	+1.9	76	Cabo Verde	63.6	+0.5
46	Poland	69.1	+1.3	77	Fiji	63.4	+1.2
47	Uruguay	69.1	+0.5	78	Morocco	63.3	+0.4
48	Belgium	68.9	+1.6	79	Kuwait	63.2	+2.4
49	Jamaica	68.5	-0.1	80	Paraguay	63.0	+1.2
50	Saint Lucia	68.2	-0.5	81	Kyrgyz Republic	62.9	+0.6
51	Peru	67.9	+0.1	82	Bosnia and Herzegovina	62.6	+0.7
52	Slovenia	67.8	+2.3	83	Saudi Arabia	62.4	+1.7
53	Kosovo	67.4	+0.4	84	Croatia	62.2	+0.8
54	Indonesia	67.2	+1.4	85	Bhutan	62.1	-0.8
55	Panama	67.2	0.0	86	Samoa	62.1	-0.1
56	Portugal	67.0	+1.7	87	Moldova	62.0	+2.9
57	Albania	66.9	+0.4	88	Belarus	61.7	+3.8
58	Spain	66.9	+1.2	89	Tanzania	61.7	+1.5
59	Saint Vincent and the Grenadines	66.8	+1.0	90	El Salvador	61.6	-0.2
60	Slovakia	66.8	+1.8	91	Montenegro	61.5	+1.0
61	Brunei Darussalam	66.6	+1.5	92	Barbados	61.4	-3.3
62	Hungary	66.4	+1.4	93	Honduras	61.1	+0.9
63	Bahrain	66.3	-0.1	94	Russia	61.0	+2.1
64	France	66.0	+2.2	95	Dominican Republic	60.9	-0.1
65	Serbia	66.0	+2.1	96	Namibia	60.9	+2.2
66	Jordan	66.0	-0.5	97	Dominica	60.8	-2.8
67	Mexico	66.0	+1.3	98	Vanuatu	60.7	+4.3
68	Costa Rica	65.8	+0.5	99	Madagascar	60.5	+3.9

Mostly Unfree

Rank	Country	Overall	Change	rank	Country	Overall	Change
100	Greece	59.9	+2.2	131	Eswatini	55.3	+0.6
101	Côte d’Ivoire	59.7	-2.7	132	Kenya	55.3	+0.2
102	Uganda	59.5	-0.2	133	Benin	55.2	-0.1
103	China	59.5	+1.1	134	Ukraine	54.9	+2.6
104	Ghana	59.4	+1.9	135	Pakistan	54.8	-0.2
105	Vietnam	58.8	+3.5	136	Afghanistan	54.7	+3.2
106	South Africa	58.8	+0.5	137	Niger	54.7	+3.1
107	Tonga	58.8	+1.1	138	Lesotho	54.5	+1.4
108	Papua New Guinea	58.4	0.0	139	Nepal	54.2	+0.4
109	Trinidad and Tobago	58.3	+1.3	140	Togo	54.1	+3.8
110	Senegal	58.0	+1.7	141	Burma	54.0	+0.4
111	Belize	57.4	+2.0	142	Egypt	54.0	+1.5
112	Sri Lanka	57.4	+1.0	143	Comoros	53.7	-1.7
113	Cambodia	57.3	-0.5	144	Brazil	53.7	+1.8
114	Uzbekistan	57.2	+3.9	145	Cameroon	53.6	+1.2
115	Nicaragua	57.2	-0.5	146	Ethiopia	53.6	0.0
116	Nigeria	57.2	-0.1	147	Zambia	53.5	-0.1
117	Burkina Faso	56.7	-2.7	148	Guinea-Bissau	53.3	-0.7
118	Gabon	56.7	+0.4	149	Argentina	53.1	+0.9
119	Maldives	56.5	+3.3	150	Solomon Islands	52.9	-1.7
120	India	56.5	+1.3	151	Djibouti	52.9	+5.8
121	Guinea	56.5	+0.8	152	Malawi	52.8	+1.4
122	Bangladesh	56.4	+0.8	153	Haiti	52.3	-0.4
123	The Gambia	56.3	+3.9	154	Angola	52.2	+1.6
124	Guyana	56.2	-0.6	155	Tajikistan	52.2	-3.4
125	São Tomé and Príncipe	56.2	+2.2	156	Micronesia	52.0	+0.1
126	Mali	55.9	-2.2	157	Lebanon	51.7	+0.6
127	Mongolia	55.9	+0.5	158	Ecuador	51.3	+4.4
128	Tunisia	55.8	+0.4	159	Central African Republic	50.7	+1.6
129	Laos	55.5	-1.9	160	Mozambique	50.5	+1.9
130	Mauritania	55.3	-0.4	161	Chad	50.2	+0.3

Repressed

Rank	Country	Overall	Change	rank	Country	Overall	Change
162	Democratic Republic of Congo	49.5	-0.8	172	Kiribati	45.2	-2.1
163	Suriname	49.5	+1.4	173	Sudan	45.0	-2.7
164	Iran	49.2	-1.9	174	Zimbabwe	43.1	+2.7
165	Liberia	49.0	-0.7	175	Bolivia	42.8	+0.5
166	Burundi	49.0	+0.1	176	Republic of Congo	41.8	+2.1
167	Equatorial Guinea	48.3	+7.3	177	Eritrea	38.5	-0.4
168	Sierra Leone	48.0	+0.5	178	Cuba	26.9	-0.9
169	Algeria	46.9	+0.7	179	Venezuela	25.2	-0.7
170	Turkmenistan	46.5	-1.9	180	North Korea	4.2	-1.7
171	Timor-Leste	45.9	+1.7

Not Ranked

Rank	Country	Overall	Change	rank	Country	Overall	Change
N/A	Iraq	N/A	N/A	N/A	Somalia	N/A	N/A
N/A	Libya	N/A	N/A	N/A	Syria	N/A	N/A
N/A	Liechtenstein	N/A	N/A	N/A	Yemen	N/A	N/A

Source:https://www.heritage.org/index/ranking

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