1. First in trade freedom, investment freedom and financial freedom.
2. Top 10 in business freedom, monetary freedom and property rights.
Our strengths, according to the report:
1. Income and corporate tax rates were very competitive.
2. Overall all taxation was relatively small as a percentage of GDP.
The top 10 on the 2009 index of Economic Freedom (and scores out of 100)
Country | Index Scores |
Hong Kong | 90 |
Singapore | 87.1 |
Australia | 82.6 |
Ireland | 82.2 |
New Zealand | 82 |
US | 80.7 |
Canada | 80.5 |
Denmark | 79.6 |
Switzerland | 79.4 |
UK | 79 |
Congratulation Hong Kong! Let's keep up our momentum. 2010 Index will be a challenge cause it will be including the impact of the financial crisis. We need to try our best.