(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Syria: Financial freedom index (0-100)
For that indicator, The Heritage Foundation provides data for Syria from 1996 to 2016. The average value for Syria during that period was 15 points with a minimum of 10 points in 1996 and a maximum of 30 points in 2006.
The latest value from 2016 is 20 points. For comparison, the world average in 2016 based on 179
countries is 49 points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The Financial Freedom index for Syria from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.