As of 2020, the business freedom sub-score on the Economic Freedom Index for Egypt was 62. This was a decline of 3.9 points from the preceding year. From 2000 to 2020, the Egyptian value ranged between 39.8 points in 2006 and 71.5 in 2018. Between 2000 and 2007, the Egyptian sub-score was lower than both the African and the world averages. Moreover, from 2008 to 2020, the sub-score was higher than the African average. In comparison to the world average, the business freedom in Egypt was higher between 2009 and 2011, and between 2015 to 2019. According to the index, business freedom in Egypt was considered "moderately free" as of 2020.
Business freedom sub-score of Egypt 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 Egypt on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Business freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. (2020). Business freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Business Freedom Sub-score of Egypt on The Economic Freedom Index from 2000 to 2020." Statista, Statista Inc., 26 Aug 2020, https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista, Business freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 Statista, https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/ (last visited November 24, 2024)
Business freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 [Graph], Statista, August 26, 2020. [Online]. Available: https://www.statista.com/statistics/1168580/business-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
