As of 2020, the monetary freedom sub-score on the Economic Freedom Index for Egypt was 61.3. This was a decline of a point from the preceding year. During the period under review, the Egyptian sub-score ranged between 80.1 points in 2003 and 58.4 points in 2013. Between 2000 and 2005, the monetary freedom value for Egypt was higher than both the world and African average. However, since 2006, the sub-score was lower than both. According to the index, the monetary freedom in Egypt was considered moderately free as of 2020.
Monetary 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). Monetary freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Monetary freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. (2020). Monetary freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Monetary 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/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista, Monetary freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 Statista, https://www.statista.com/statistics/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/ (last visited November 21, 2024)
Monetary 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/1168608/monetary-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
