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

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

Characteristic	Saudi Arabia	World 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

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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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