5 Most Liberal Countries in the World

2. Singapore

Financial Development Index (2021): 0.704

Economic Freedom Index Ranking (2023): 1

Ease of Doing Business Ranking (2019): 2

Insider Monkey Rating: 10

Singapore is ranked among the most liberal countries in the world. According to the IMF, it reported a financial development index of 0.704 as of 2021. According to the Economic Freedom Index, Singapore is the top economically free country as of 2023.