In the Economic Freedom of the World 2024 Annual Report, the degree of economic agency enjoyed by people in 165 countries is assessed. The top three regions in terms of economic freedom, as of 2022, are Hong Kong (ranked first), Singapore (ranked second), and Switzerland (ranked third).
According to the report, there has been a global decrease in economic freedom over the last three years, which has reversed an upward trend that lasted almost two decades.
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