Economic Freedom of the World: 2021 Annual Report is the world's premier measurement of economic freedom, ranking countries based on five areas—size of government, legal structure and property rights, access to sound money, freedom to trade internationally, regulation of credit, labour and business.

In this year's report, which compares 165 countries and territories, Hong Kong is again number one—although China's heavy hand will likely lower Hong Kong's ranking in future years—and Canada (14th) trails the United States (6th).

Report by the Fraser Institute