Taiwan retains 14th place in world economic freedom rankings

Focus Taiwan
Date: 2016/02/01
By: Tony Liao and Romulo Huang

Washington, Feb. 1 (CNA) Taiwan was ranked at the 14th place in

CNA file photo

CNA file photo

the Heritage Foundation’s Index of Economic Freedom for 2016, the same position as it was placed in the previous year.

In the rankings released by the Heritage Foundation Monday, Taiwan scored 74.7 points in the 2016 index, down 0.4 from a year earlier, to take 14th place among the 178 countries covered by this year’s index. Taiwan’s score was well above the world average of 60.7.

Within the Asia Pacific region, Taiwan finished fifth, trailing Hong Kong, Singapore, New Zealand, and Australia, which were in the first, second, third and fifth places of the world rankings, respectively.    [FULL  STORY]

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