Pakistan performs badly on the scale of economic freedom Its rank lowered from 104 to 110 Far behind from India’s rank at 86 and Sri Lanka’s at 105, Bangladesh at 115 Integrity of legal structures and security of property rights decline Hong Kong and Singapore rated best for economic freedom, Myanmar and Zimbabwe ranked worst Economic freedom may decline in the short term in response to recession, but over a longer time, economic freedom has a tendency to increase after a banking crisis Lahore September 14, 2009: The report ranks Hong Kong number one, followed by Singapore then New Zealand. Zimbabwe once again has the lowest level of economic freedom followed by Myanmar and Angola, according to the Economic Freedom of the World: 2009 Annual Report, released today in Pakistan by the Alternate Solutions Institute, Pakistan’s first free market think tank.