As of 2020, the business freedom sub-score on the Economic Freedom Index for Ethiopia was 48.6, which was the same as 2019. Between 2000 and 2020, the business freedom sub-score fluctuated between 40.2 in 2018 and 67.4 in 2011. The Ethiopian sub-score surpassed the world average in the years 2010 and 2011 only. Moreover, between 2000 and 2005, 2013, and between 2017 to 2020, the Ethiopian business freedom was below the African average, while between 2006 and 2012, and 2014 and 2016 it was higher than the continent average. According to the index, business freedom in Ethiopia was considered "repressed" as of 2020.
Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020
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 source considers the Sub-Saharan Africa region without the North African countries as they are included in the MENA region. Therefore, the African average has been calculated by Statista based on the original data for each country. The African average includes 52 countries until 2011 and 53 countries from 2012 onwards.
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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Statista. (August 26, 2020). Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. (2020). Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Business Freedom Sub-score of Ethiopia on The Economic Freedom Index from 2000 to 2020." Statista, Statista Inc., 26 Aug 2020, https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista, Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 Statista, https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/ (last visited November 22, 2024)
Business freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 [Graph], Statista, August 26, 2020. [Online]. Available: https://www.statista.com/statistics/1167480/business-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
