This statistic describes the overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country. According to the 2018 ranking, United Arab Emirates scored overall on the Economic Freedom index 77.6 compared to the Middle east and North African average is 61.5. the UAE is considered in this regard mostly free.
Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country
Kuwait, Qatar, Saudi Arabia, United Arab Emirates, MENA
Survey time period
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
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The Heritage Foundation. (January 5, 2018). Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/
The Heritage Foundation. "Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country." Chart. January 5, 2018. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/
The Heritage Foundation. (2018). Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/
The Heritage Foundation. "Overall Score of The Gulf Cooperation Council on The Economic Freedom Index Ranking in 2018, by Country." Statista, Statista Inc., 5 Jan 2018, https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/
The Heritage Foundation, Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country Statista, https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/ (last visited July 22, 2024)
Overall score of the Gulf Cooperation Council on the Economic Freedom Index ranking in 2018, by country [Graph], The Heritage Foundation, January 5, 2018. [Online]. Available: https://www.statista.com/statistics/949894/gcc-overall-score-on-the-economic-freedom-index-by-country/
