Resolution criteria

This market will resolve to YES if, in the Economic Freedom of the World: 2026 Annual Report published by the Fraser Institute, Singapore is ranked strictly higher (closer to 1st place) than Hong Kong.

This market will resolve to NO if Hong Kong is ranked higher than Singapore, or if Singapore and Hong Kong are tied in the rankings.

Key details:

• Source of truth: The official Economic Freedom of the World: 2026 Annual Report dataset or PDF published on the Fraser Institute Economic Freedom website.

• Report Specifics: This market refers specifically to the Fraser Institute index. It does not refer to the Heritage Foundation's Index of Economic Freedom.

• Timing: The Fraser Institute typically releases its annual report in September or October. The market will resolve as soon as the official 2026 report is published (and viewed by the creator of this proposition). If the 2026 report is not published by April 30, 2027, this market will resolve to N/A.

Background

The Fraser Institute’s Economic Freedom of the World index measures the degree to which the policies and institutions of jurisdictions support economic freedom, using a two-year data lag.

Hong Kong and Singapore have historically held the top two spots in this ranking. In the Economic Freedom of the World: 2025 Annual Report (which analyzed 2023 data), Hong Kong ranked 1st with a score of 8.55, and Singapore ranked 2nd with a score of 8.50. Singapore briefly overtook Hong Kong for the first time in the 2023 report (using 2021 data), but Hong Kong has since reclaimed the top spot in subsequent reports.

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