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Overall score of Kuwait on the Economic Freedom Index ranking 1998-2018

This statistic describes the overall score of Kuwait on the Economic Freedom Index ranking from 1998 to 2018. According to the 2018 ranking, Kuwait scored overall on the Economic Freedom index 60.7 compared to the world average is 62.2. Kuwait is considered in this regard moderately free.

Overall score of Kuwait on the Economic Freedom Index ranking from 1998 to 2018

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Sources

Release date

January 2018

Region

Kuwait, MENA

Survey time period

1998 to 2018

Supplementary notes

The Index of Economic Freedom is an annual ranking by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom of countries. Since 1995 the authors of the index took an approach aligned to Adam Smith's in The Wealth of Nations.

The 2018 ranking has main categories with total twelve sub-categories:
Rule of law sub-categories: Property rights, Judicial effectiveness, Government integrity
Government size sub-categories: Tax burden, Government spending, Fiscal health
Regulatory efficiency sub-categories: Business freedom, Labor freedom, Monetary freedom
Market openness sub-categories: Trade freedom, Investment freedom, 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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