| Characteristic | World Average | United Arab Emirates |
|---|---|---|
| 2018 | 59.6 | 77.6 |
| 2017 | 64.4 | 76.9 |
| 2016 | 62.1 | 72.6 |
| 2015 | 62.1 | 72.4 |
| 2014 | 62.2 | 71.4 |
| 2013 | 60.6 | 71.1 |
| 2012 | 62.5 | 69.3 |
| 2011 | 66.2 | 67.8 |
| 2010 | 64.1 | 67.3 |
| 2005 | 63 | 65.2 |
| 2000 | 66.5 | 74.2 |
| 1998 | 69.3 | 72.2 |
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January 2018
United Arab Emirates, MENA
1998 to 2018
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.
