The trade freedom sub-score on the Economic Freedom Index for Egypt was 70.2 as of 2020. This was a decline of 1.6 points from the previous year. Throughout the period under review, the Egyptian trade freedom score was lower than the world average. Moreover, the sub-score was lower than the African average in 2001, 2005 to 2007, and 2009. An overall increasing trend could be recognized for the trade freedom value in Egypt. According to the index, trade freedom in Egypt was considered "mostly free" since 2010.
Trade freedom sub-score of Egypt 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). Trade freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Trade freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020." Chart. August 26, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. (2020). Trade freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista. "Trade Freedom Sub-score of Egypt on The Economic Freedom Index from 2000 to 2020." Statista, Statista Inc., 26 Aug 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
Statista, Trade freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/ (last visited November 10, 2024)
Trade freedom sub-score of Egypt 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/1168609/trade-freedom-sub-score-of-egypt-on-the-economic-freedom-index/
