Tunisia falls to 128th place after a steady decline in economic independence since the late 1990s.

Tunisia falls to 128th place after a steady decline in economic independence since the late 1990s.

In the 2022 edition of this week’s Economic Freedom Index, Tunisia ranks 128th out of 177 countries, down 9 places from last year and 33 places from the year before the 2010 “revolution”. The economic and economic health of the country as well as the collapse of the investment climate.

The decline in Tunisia’s rankings is not limited to the years of transition to democracy, but since 1995. Inauguration year of the Economic Freedom Index. This decline is clearly reflected in the decline of Tunisia’s score (at 100 points) since 1995. Tunisia’s score fell to 63 points, the highest in 1995-1998 and the lowest in 2021: 54.2.

Poor management of public spending and a decline in trade, investment and economic independence have exacerbated Tunisia’s recession in recent years. Tunisia in particular suffers from a deficiency in the rule of law, a particularly inefficient judicial system, and a lack of integrity in its government.

In the 2022 edition, Singapore established itself as the world’s most liberalized economy, with an overall score of 84.4. Switzerland and Ireland share the podium with Asian countries. North Korea (3.0 out of 100 points) and Venezuela (24.8) are the countries where economic freedom is suppressed. A group of countries including Egypt, Lebanon and Algeria.

Source: Theme

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