The monetary freedom sub-score on the Economic Freedom Index for Ethiopia was 62.7 as of 2020, which was an improvement of 1.9 points from the preceding year. From 2000 onwards, the sub-score fluctuated between 84.3 in 2004 and 54.3 in 2011. In 2000, and from 2002 to 2004, the Ethiopian sub-score was higher than both the African and world averages. In 2001, the sub-score was higher than the world average and lower than the continent average. According to the index, the monetary freedom in Ethiopia was considered "moderately free" as of 2020.
Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020
The source did not provide the date of publication. The release date is the date the statistic was accessed.
The Economic Freedom Index was co-published by The Wall Street Journal and The Heritage Foundation and was started in 1994.
The source considers the Sub-Saharan Africa region without the North African countries as they are included in the MENA region. Therefore, the African average has been calculated by Statista based on the original data for each country. The African average includes 52 countries until 2011 and 53 countries from 2012 onwards.
The Economic Freedom Index is divided into 12 variables grouped in four categories:
1) Rule of law: property rights, judicial effectiveness, and government integrity
2) Government size: tax burden, government spending, and fiscal health
3) Regulatory efficiency: business freedom, labor freedom, and monetary freedom
4) Market openness: trade freedom, investment freedom, and financial freedom
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Statista. (August 26, 2020). Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. (2020). Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista. "Monetary Freedom Sub-score of Ethiopia on The Economic Freedom Index from 2000 to 2020." Statista, Statista Inc., 26 Aug 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
Statista, Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/ (last visited November 13, 2024)
Monetary freedom sub-score of Ethiopia on the Economic Freedom Index from 2000 to 2020 [Graph], Statista, August 26, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1167527/monetary-freedom-sub-score-of-ethiopia-on-the-economic-freedom-index/
