Saudi Arabia: business freedom score on the Economic Freedom Index

This statistic describes the business freedom score of Saudi Arabia on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, Saudi Arabia scored on business freedom of the Economic Freedom index 74 compared to the world average is 64.8. Saudi Arabia is considered in this regard mostly free.

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

Characteristic	Saudi Arabia	World average
2018	74	64.8
2017	73.8	64.8
2016	69.9	64.1
2015	65.8	64.4
2014	67.3	65
2013	68.2	64.7
2012	87.5	65
2011	86.1	64.7
2010	84.6	65
2009	79.6	64.6
2006	51	62.3
2005	70	63.3
2000	70	63.7
1998	85	64.9

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Release date

January 2018

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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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