Saudi Arabia: trade freedom score on the Economic Freedom Index 2018

This statistic describes the trade freedom score of Saudi Arabia on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, Saudi Arabia scored on trade freedom of the Economic Freedom index 78.2 compared to the world average is 76.4. Saudi Arabia is considered in this regard mostly free.

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

Characteristic	Saudi Arabia	World average
2018	78.2	76.4
2017	78.2	76.4
2016	77.8	76.1
2015	76.4	75.8
2014	74	75.2
2013	77.3	75
2012	82.3	75
2011	82.2	75.3
2010	82.5	74.6
2005	62.2	67.3
2000	59	61.6
1998	59	60.7

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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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