Qatar ranks high on global economic freedom index
The Peninsula
Doha, Qatar: Qatar has been ranked the third freest country out of 14 countries in the Middle East/North Africa region and 28th globally in a ranking...
Doha, Qatar: Qatar has been ranked the third freest country out of 14 countries in the Middle East/North Africa region and 28th globally in a ranking of 184 countries, according to the 2024 edition of Index of Economic Freedom by The Heritage Foundation, a US think tank based in Washington.
The country’s rating has increased by 0.2 point from last year and its economic freedom score is higher than the world and regional averages.
The top four countries on the index are Singapore with a score of 83.5, Switzerland 83, Ireland 82.6 and Taiwan 80. Among the GCC countries, Qatar ranks second after United Arab Emirates, which has been ranked 22nd on the index with a score of 71.1.
Bahrain has been ranked 54th with a score of 63.4, and Oman 56th with 62.9. Saudi Arabia has been placed on the 69th spot with a score of 61.9 and Kuwait on 90th spot with a score of 58.5.
Qatar has been ranked higher than many advanced countries on the index. United Kingdom is ranked 30th with a score of 68.6, Japan is ranked 38th with a score of 67.5, Spain 55th with 63.3, and France 62nd with 62.5.
