The new ranking was compiled by global financial advisory firm Arton Capital.  Over the period the first spot has been a competition between Singapore and Germany.

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Singapore beat Germany when Paraguay removed its visa requirements for Singaporeans, giving citizens easy access to 159 countries, compared to 158 for German passport-holders.

The Paraguay consulate in Washington, D.C. says a citizen of Singapore can now show up in Paraguay, get a stamp upon arrival, and stay legally in the country for 30 days without any application process.

The Passport Index updates in real time to reflect the countries a passport-holder can access with no application, meaning that she needs no visa, or she can obtain a travel visa upon arrival.

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The 193 United Nations member countries, as well as six territories: Taiwan, Macao, Hong Kong, Kosovo, Palestine, and the Vatican were the passports considered for the index.