Egypt: financial freedom index 2000-2020

In 2020, the financial freedom sub-score on the Economic Freedom Index for Egypt was 50. This was the same score since 2018. Between 2000 and 2020, the Egyptian financial freedom index fluctuated between 30 points, from 2000 to 2007, and 50 points, from 2009 to 2011, and since 2018. The sub-score was lower than the African average between 2000 and 2007, as well as in 2012, 2013, 2015, and 2016, while it was higher between 2009 and 2011, 2014, and since 2017. In comparison to the world average, the sub-score was higher between 2009 and 2011, and since 2018. According to the Index, the financial freedom sub-score in Egypt was considered "mostly unfree" since 2018.

Financial freedom sub-score of Egypt on the Economic Freedom Index from 2000 to 2020

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Release date

2020

More information

Region

Egypt

Survey time period

2000 to 2020

Supplementary notes

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

Ranking: 100 = total economic freedom; 80–99 = free; 70.0–79.9 = mostly free; 60.0–69.9 = moderately free; 50.0–59.9= mostly unfree; 0–49.9 = repressed; 0 = no economic freedom.

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