South Africa's overall score on the Economic Freedom Index was 55.7 as of 2023, a drop of 0.5 points from the prior year. South Africa's rank in the Sub-Saharan Africa region 17th out of 47 countries. Its overall score is below the world average.
Overall score of South Africa 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. (February 28, 2023). Overall score of South Africa on the Economic Freedom Index from 2000 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/
The Heritage Foundation. "Overall score of South Africa on the Economic Freedom Index from 2000 to 2023." Chart. February 28, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/
The Heritage Foundation. (2023). Overall score of South Africa on the Economic Freedom Index from 2000 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/
The Heritage Foundation. "Overall Score of South Africa on The Economic Freedom Index from 2000 to 2023." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/
The Heritage Foundation, Overall score of South Africa on the Economic Freedom Index from 2000 to 2023 Statista, https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/ (last visited December 22, 2024)
Overall score of South Africa on the Economic Freedom Index from 2000 to 2023 [Graph], The Heritage Foundation, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/1166842/overall-score-of-south-africa-on-the-economic-freedom-index/
