Global survey ranks Bahrain as MENAs most economically free country.

By bne IntelliNews September 19, 2012
Bahrain ranked highest among the MENA countries in the latest Fraser Institutes annual Economic Freedom of the World report published on September 18, 2012. The ranking measures the degree to which the policies and institutions of countries are supportive of economic freedom and its main components include the size of government (taxing and spending), legal structure and security of property rights, access to sound money, freedom to trade internationally, and regulation, including credit markets, labor and business regulations. Bahrain ranked seven out of the 144 countries included in the report scoring 7.94 points out of 10 in 2010, the last year for which complete statistics are available. The country moved up three places from the previous edition of the report. The second best ranked MENA country was the UAE climbing six places to the 11th position. Qatar followed with its 17th position, ahead of Kuwait (19), Jordan (23) and Saudi Arabia (65). The North Mediterranean countries lagged behind Tunisia (80), Egypt (99), Morocco (102) and Algeria (137).

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