Taiwan ranks 4th in the US Heritage Foundation's Economic Freedom Index with a score of 80, while the global economy's score reaches a 20-year low at 58.6.

Taiwan maintains 4th place in the Index of Economic Freedom released by the US Heritage Foundation with a score of 80. The global economy's overall score fell to 58.6, the lowest since 2001. Taiwan is praised as an exemplary free-market democracy with strong commitments to the rule of law and global commerce, with small and medium-sized enterprises playing a crucial role in its economic growth and resilience.

February 26, 2024
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