Saudi Arabia: Economic freedom, overall index

* indicates monthly or quarterly data series
 Saudi Arabia

Economic freedom, overall index (0-100)

 Latest value 62
 Year 2024
 Measure index points
 Data availability 1996 - 2024
 Average 63
 Min - Max 56 - 69
 Source The Heritage Foundation
For that indicator, we provide data for Saudi Arabia from 1996 to 2024. The average value for Saudi Arabia during that period was 63 index points with a minimum of 56 index points in 2022 and a maximum of 69 index points in 1997. The latest value from 2024 is 62 index points. For comparison, the world average in 2024 based on 174 countries is 59 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Saudi Arabia - Economic freedom, overall index - recent values

Historical chart
Saudi Arabia - Economic freedom, overall index - historical chart - 1996-2024




Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.


 Related indicators Latest value Reference Measure
 Property rights 48 2024 points
 Freedom from corruption 44 2024 points
 Fiscal freedom 80 2024 points
 Business freedom 70 2024 points
 Labor freedom 44 2024 points
 Monetary freedom 79.60 2024 points
 Trade freedom 74 2024 points
 Investment freedom 50 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 62 2024 index points
This site uses cookies.
Learn more here


OK