In the global ranking of Economic Freedom of the World, developed by the Fraser Institute of Canada, there is good news for Tunisia: It keeps its leading position in North Africa. It’s not bad at all given the numerous setbacks of the country since the January 14, 2011 revolution.
At the level of the African continent, Tunisia occupies the 16th place, with a score of 6.54 out of 10.
It is Mauritius which ranks first with a score of 7.98 points. Then come Seychelles, Rwanda and Uganda…
Globally, Tunisia is in the 108th position out of 159 countries. It climbed up 8 spots compared to the previous survey where it was ranked 116th. Another interesting point of comparison: It is much better than its neighbors in the Maghreb (Morocco 118th globally, Egypt 129th, Mauritania 144th, Algeria 151st and Libya 158th).
Hong Kong is on the top step of the podium in the world, followed by Singapore, New Zealand and Switzerland.
The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to enter markets and compete, and security of the person and privately owned property. Forty-two data points are used to construct a summary index and to measure the degree of economic freedom in five broad areas: size of government: expenditures, taxes, and enterprises; legal structure and security of property rights; access to sound money; freedom to trade internationally; and regulation of credit, labor, and business.