Nepal has been reported to secure 106th position out of 157 countries  in the Economic Freedom of the World: 2015 Annual Report. Scoring  6.56 in a scale of 1 to 10 Nepal successfully scored the position where last year Nepal  had score only 6.16 score  make it to the 126 position.

Similarly, Hong Kong has been listed as the highest level of economic freedom worldwide, with a score of 8.97 out of 10, followed by Singapore (8.52), New Zealand (8.19), Switzerland (8.16), United Arab Emirates (8.15), Mauritius (8.08), Jordan (7.93), Ireland (7.90), Canada (7.89), and the United Kingdom (7.87). Other notable countries include the United States (7.73), Japan (7.52), Germany (7.50), Russia (6.69), China (6.44) and India (6.43).

Likewise,  countries like  Angola, Central African Republic, Zimbabwe, Algeria, Argentina, Syria, Chad, Libya, Republic of Congo, and Venezuela are listed the 10 lowest rated countries.

As per the Report the countries in the top quartile of economic freedom had an average per-capita GDP of US$38,601 in 2013, compared to US$6,986 for bottom quartile nations. Moreover, the average income in 2013 of the poorest 10 per cent in the most economically free countries (US$9,881) dwarfed the overall average income in the least free countries (US$1,629).

The Fraser Institute in Canada produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in 90 nations and territories.

The link to the website is http://www.freetheworld.com/2015/economic-freedom-of-the-world-2015.pdf

Samriddhi, The Prosperity Foundation is a member of the Economic Freedom Network and is a co-publisher of the report from Nepal. On the same occasion,  Samriddhi  also published a first ever Country Audit Report on Nepal’s economic freedom .