According to a report by a Canadian research institute, Hong Kong has taken back the position of the world's freest economy from rival Singapore. According to the Fraser Institute's latest World Economic Freedom Report, based on various 2022 data, Hong Kong's score is 8.58, higher than Singapore's 8.55. The agency said it was announced last year that Hong Kong lost the “world's freest economy” title for 51 consecutive years to Singapore, but after data revisions, Hong Kong has been at the top of the list from beginning to end since the beginning of the ranking. Switzerland is in third place, followed by New Zealand and the United States.

According to a report by a Canadian research institute, Hong Kong has taken back the position of the world's freest economy from rival Singapore. According to the Fraser Institute's latest World Economic Freedom Report, based on various 2022 data, Hong Kong's score is 8.58, higher than Singapore's 8.55. The agency said it was announced last year that Hong Kong lost the “world's freest economy” title for 51 consecutive years to Singapore, but after data revisions, Hong Kong has been at the top of the list from beginning to end since the beginning of the ranking. Switzerland is in third place, followed by New Zealand and the United States.