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Switzerland among the top in the Economic Freedom of the World index  
 
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Switzerland among the top in the
Economic Freedom of the World Index

 
The Economic Freedom of the World Index, which measures the degree to which the policies and institutions of countries are supportive of economic freedom, ranks Switzerland within the top.
 
 
Among 141 countries, it places 4th mainly due to its superior judicial independence and stable currency. Switzerland is followed by the USA, United Kingdom and Canada all tied for fifth place, and Hong Kong, Singapore and New Zealand rank in the first three positions respectively. Other rankings of large economies include Germany, 18th, Japan, 22nd and China, 86th.
 
How to open a corporate bank account in Switzerland
 
Published by the Fraser Institute, the index utilizes 42 different criteria to rank countries throughout the world. The index measures economic freedom by personal choice, voluntary exchange, freedom to compete and security of private property. Research indicates that those, living in countries with high levels of economic freedom, enjoy greater prosperity and individual freedoms in addition to longer life spans.
 
Country rankings
 
Country Rank Score
Hong Kong 1 8.9
Singapore 2 8.8
New Zealand 3 8.5
Switzerland 4 8.3
USA 5 8.1
UK 5 8.1
Canada 5 8.1
Estonia 8 8.0
Australia 9 7.9
Ireland 9 7.9

 
Text – Greater Zurich Area
 

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