This statistic describes the overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, the MENA region scored overall on the Economic Freedom index 61.5 compared to the world average is 61.1. the MENA region is considered in this regard moderately free.
Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018
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
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The Heritage Foundation. (January 5, 2018). Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018 [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/
The Heritage Foundation. "Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018." Chart. January 5, 2018. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/
The Heritage Foundation. (2018). Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018. Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/
The Heritage Foundation. "Overall Score of The Middle East and North Africa on The Economic Freedom Index Ranking from 1998 to 2018." Statista, Statista Inc., 5 Jan 2018, https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/
The Heritage Foundation, Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018 Statista, https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/ (last visited December 24, 2024)
Overall score of the Middle East and North Africa on the Economic Freedom Index ranking from 1998 to 2018 [Graph], The Heritage Foundation, January 5, 2018. [Online]. Available: https://www.statista.com/statistics/949879/mena-overall-score-on-the-economic-freedom-index/