UAE: overall score on the Economic Freedom Index 2018

This statistic describes the overall score of the United Arab Emirates on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, United Arab Emirates scored overall on the Economic Freedom index 60.7 compared to the world average is 61.1. the UAE is considered in this regard moderately free.

Overall score of the United Arab Emirates on the Economic Freedom Index ranking from 1998 to 2018

Characteristic	World Average	United Arab Emirates
2018	59.6	77.6
2017	64.4	76.9
2016	62.1	72.6
2015	62.1	72.4
2014	62.2	71.4
2013	60.6	71.1
2012	62.5	69.3
2011	66.2	67.8
2010	64.1	67.3
2005	63	65.2
2000	66.5	74.2
1998	69.3	72.2

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Release date

January 2018

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Region

United Arab Emirates, 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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