As of 2023, the overall score on the Economic Freedom Index for Egypt was 49.6. This was a drop of 0.5 points from the previous year. This decline was mainly due to the labor freedom and judicial effectiveness score during that year. Based on the index, this placed Egypt as the 152nd out of 180 countries. The economic climate for Egypt is therefore considered to be repressed.
Overall score of Egypt on the Economic Freedom Index from 2000 to 2023
The source did not provide the date of publication. The release date is the date the statistic was accessed.
The Economic Freedom Index was co-published by The Wall Street Journal and The Heritage Foundation and was started in 1994.
The Economic Freedom Index is divided into 12 variables grouped in four categories:
1) Rule of law: property rights, judicial effectiveness, and government integrity
2) Government size: tax burden, government spending, and fiscal health
3) Regulatory efficiency: business freedom, labor freedom, and monetary freedom
4) Market openness: trade freedom, investment freedom, and financial freedom
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The Heritage Foundation. (March 28, 2023). Overall score of Egypt on the Economic Freedom Index from 2000 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/
The Heritage Foundation. "Overall score of Egypt on the Economic Freedom Index from 2000 to 2023." Chart. March 28, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/
The Heritage Foundation. (2023). Overall score of Egypt on the Economic Freedom Index from 2000 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/
The Heritage Foundation. "Overall Score of Egypt on The Economic Freedom Index from 2000 to 2023." Statista, Statista Inc., 28 Mar 2023, https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/
The Heritage Foundation, Overall score of Egypt on the Economic Freedom Index from 2000 to 2023 Statista, https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/ (last visited November 21, 2024)
Overall score of Egypt on the Economic Freedom Index from 2000 to 2023 [Graph], The Heritage Foundation, March 28, 2023. [Online]. Available: https://www.statista.com/statistics/1166623/overall-score-of-egypt-on-the-economic-freedom-index/
