Fraser Institute News Release: China Ranks 126th Out of 162 in New Human Freedom Index; Hong Kong Ranks 3rd

TORONTO, Dec. 18 (Korea Bizwire) — China continues to languish near the bottom of the latest Human Freedom Index, released today by the Fraser Institute and a network of international public policy think-tanks.

And Hong Kong, which was the world’s freest jurisdiction as recently as 2013, has fallen to 3^rd this year behind New Zealand (1^st) and Switzerland (2^nd). Canada (4^th) and Australia round out the top five.

China ranks 126^th in this year’s index, which uses 76 indicators of personal, civil and economic freedoms to rank 162 countries and jurisdictions worldwide.

“As China tightens its grip on Hong Kong, freedom will continue to suffer. Unfortunately, Hong Kong’s fall from the top spot in the Human Freedom Index is a likely harbinger of things to come,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute and editor of the report.

This year’s Index is based on 2017 data, the most recent year of available comparable data, and does not take into account current events in China and Hong Kong that have likely further reduced freedom in both.

The study finds that over the past decade, freedom has declined around the world. In fact, of the 142 jurisdictions with data since 2008, 79 have declined in freedom while 61 have increased.

The United States ranks 15^th. Other notable countries include Germany (8), United Kingdom (14), Japan (25), India (94), and Russia (114). Once again, Venezuela (161) and Syria are the least-free countries in the world.

Crucially, people in freer countries are more prosperous than those in less-free countries. For example, the average per capita income for the top-quartile countries on the index was US$40,171 compared to US$15,721 for the least-free quartile in 2017, the most recent of available comparable data.

“When people are free, they have greater opportunity to prosper and they lead happier healthier lives,” McMahon said.

The complete index, a joint project of the Fraser Institute, Germany’s Friedrich Naumann Foundation for Freedom and the Cato Institute in the U.S., is available as a free PDF download at www.fraserinstitute.org. It is prepared by Ian Vasquez of the Cato Institute and Tanja Porčnik of the Visio Institute in Slovenia.

The 10 freest and the least-free countries in the 2019 Human Freedom Index

The 10 freest jurisdictions (from top)  1. New Zealand   2. Switzerland   3. Hong Kong   4. Canada   5. Australia   6. Denmark   7. Luxembourg   8. Finland   9. Germany 10. Ireland

The 10 least-free countries153. Ethiopia 154. Iran 155. Algeria 156. Libya 157. Egypt 158. Iraq 159. Sudan 160. Yemen 161. Venezuela 162. Syria

MEDIA CONTACT:
Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom
Fraser Institute

To arrange media interviews or for more information, please contact:
Bryn Weese, Fraser Institute
(604) 688-0221 ext. 589
bryn.weese@fraserinstitute.org

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, Montreal and Halifax and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org

Source: Fraser Institute via GLOBE NEWSWIRE