Israel: overall score on the Economic Freedom Index 2021

Israel's economic freedom score was 73.8 in the 2021 index which makes it's economy the 26th freest in the world. The world average economic freedom score in 2021 was 61.6.

Overall score of Israel on the Economic Freedom Index ranking from 2000 to 2021

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Release date

June 2021

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Region

Israel, MENA

Survey time period

2000 to 2021

Supplementary notes

There is no publication date. The released date was date of access.
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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