The financial freedom sub-score on the Economic Freedom Index for Ethiopia was 20. This was the same as the preceding year. Throughout the period under investigation, the sub-score for Ethiopia was below both the African continent average as well as the world average. Between 2000 and 2006, the index was at 30 points, while from 2007 to 2020, it was 20. According to the index, financial freedom in Ethiopia was considered "repressed" as of 2020.
Financial 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). Financial freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Financial freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. (2020). Financial freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Financial 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/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista, Financial freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 Statista, https://www.statista.com/statistics/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/ (last visited November 21, 2024)
Financial 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/1167545/financial-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
