Tunisia: financial freedom sub-score on the Economic Freedom Index 2020

In 2020, the financial freedom sub-score on the Economic Freedom Index for Tunisia was 30, which was the same as the preceding year. The sub-score was only higher than the world average for two years, which are 2000 and 2001, while it was lower in the rest of the period under review. In comparison to Africa's average, Tunisian financial freedom was higher between 2000 and 2004, while it was constant at 30 from 2005 to 2020. Moreover, it was lower than the African average from 2005 to 2020. According to the index, the financial freedom in Tunisia is considered "repressed" for the between 2005 and 2020.

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

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Release date

August 2020

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Region

Tunisia

Survey time period

2000 to 2020

Supplementary notes

There is no publication date. The release date is the date the data was accessed.

The Economic Freedom Index is 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. However, it is ranked based on the African continent with 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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