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HomeNewsTunisia 11th in Economic Freedom in Arab world, ahead of Morocco

Tunisia 11th in Economic Freedom in Arab world, ahead of Morocco

According to the Economic Freedom of the Arab World report by Canadian Institute “Fraser,” Tunisia is ranked 11th, followed by Morocco and Egypt (12th ) but is outstripped By Saudi Arabia (11th position).

UAE is leading Arab countries in economic freedom, ahead of Jordan, Bahrain and Kuwait.

Tunisia rose from 12th to 11th in this year’s report. Its overall score rose to 6.8 from 6.7. The size of government score also showed improvement, moving up to 6.4 from 6.3 and it ranked 11th, up from 13th. Tunisia’s score for the legal structure area at 7.5 was down 0.1.

Its rank remained 5th. In the access to sound money area, Tunisia’s score rose from 6.7 to 6.8 and it ranked 20th, the same as last year.

Tunisia’s score in the area of freedom to trade internationally moved up from 5.9 to 6.0 and it ranked 18th. Finally, Tunisia’s score in the area of regulation of business, credit and labor remained 7.1 and its rank, 8th.

This report was unveiled at the 11th annual conference on economic freedom in the Arab world held on Sunday December 4, 2016 in Morocco.

The ranking concerned 21 Arab countries, based on five criteria allowing or not economic operators to evolve on national or international markets.

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