Bahrain Ranks Fourth in the MENA Region on the Economic Freedom Index
- Publish date: Wednesday، 03 May 2023
Bahrain secured an economic freedom score of 62.5
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Bahrain ranked fourth in the Middle East and North Africa (MENA) on the 2023 Index for Economic Freedom according to the economic think tank The Heritage Foundation.
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Bahrain ranked 68th globally on the index with an economic freedom score of 62.5 because the country is a financial hub for dynamic economic activity. Bahrain's score in 2023 is 0.5 points higher than its score in 2022.
The overall index rating is based on three broad areas, which include government size, legal structure, and security of property rights; access to sound money and freedom to trade internationally; and regulation of credit, labour, and business.