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Tuesday, 16.04.2024, 16:57
Lithuania rises to No.15 in Fraser Institute's economic freedom ranking
BC, Vilnius, 16.09.2016.
Print version
Print versionLithuania rose three notches to number fifteen, the highest ranking among the three Baltic countries, in the Fraser Institute's latest Economic Freedom of the World report, writes LETA/BNS.
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Lithuania scored 7.81 in the 2016 annual report by the Canadian institute. Last year, it was ranked 18th with a score of 7.62 points.
Lithuania this year scored best for credit and labor markets
and business regulations, at number 13t in the world. Its lowest score is for
the size of government, at 51st position.
Estonia is ranked 19th and Latvia is in 27th place in the
latest index. Poland shares 40th position with Japan and Russia is in
102nd place.
Hong Kong tops the ranking, followed with Singapore in second
place and New Zealand in third.
The 2016 report is based on 2014 data for 159 countries and
territories.
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