Financial freedom score of Saudi Arabia on the Economic Freedom ranking 1998-2018

Published by Statista Research Department, Aug 26, 2020
This statistic describes the financial freedom score of Saudi Arabia on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, Saudi Arabia scored on financial freedom of the Economic Freedom index 50 compared to the world average is 49. Saudi Arabia is considered in this regard mostly unfree.

Financial freedom score of Saudi Arabia on the Economic Freedom Index ranking from 1998 to 2018

CharacteristicSaudi ArabiaWorld average
2018 50 49
2017 50 48.9
2016 50 48.8
2015 50 48.7
2014 50 48.9
2013 50 48.9
2012 50 48.9
2011 50 48.8
2010 50 48.8
2005 30 51.8
2000 50 47.9
1998 50 50
Showing entries 1 to 12 (12 entries in total)
Created with Highcharts 7.2.2Economic freedam index score505050503030505050505050505050505050505050505050505047.947.951.851.848.848.848.848.848.948.948.948.948.948.948.748.748.848.848.948.94949Saudi ArabiaWorld average199820002005201020112012201320142015201620172018
303540455055

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Release date

January 2018

Region

Africa, MENA

Survey time period

1998 to 2018

Supplementary notes

The Index of Economic Freedom is an annual ranking by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom of countries. Since 1995 the authors of the index took an approach aligned to Adam Smith's in The Wealth of Nations.

The 2018 ranking has main categories with total twelve sub-categories:
Rule of law sub-categories: Property rights, Judicial effectiveness, Government integrity
Government size sub-categories: Tax burden, Government spending, Fiscal health
Regulatory efficiency sub-categories: Business freedom, Labor freedom, Monetary freedom
Market openness sub-categories: Trade freedom, Investment freedom, Financial freedom

Ranking: 100 - Total economic freedom; 80–99 = free; 70.0–79.9 = mostly free; 60.0–69.9 = moderately free; 50.0–59.9= mostly unfree; 0–49.9 = repressed; 0 ; no economic freedom.

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