In the Index of Economic Freedom, published annually by the US economic research centre Heritage Foundation and the Wall Street Journal, Lithuania has advanced from the 15th to the 13th position.

Among the Lithuania’s key accomplishments, the research report identifies market openness as well as business and fiscal freedom.

With a score of 75.2, Lithuania finds itself between Denmark (75.3) and Taiwan (74.7). Estonia ranks 9th with a score of 77.2 and Latvia 36th with a score of 70.4 on the list.

The top spots in the Index of Economic Freedom were taken by Hong Kong (88.6 points), Singapore (87.8) and New Zealand (81.6).