Index of economic freedom

43.20 (score) in 2023

In 2023, index of economic freedom for Algeria was 43.2 score. Though Algeria index of economic freedom fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 43.2 score in 2023.

The description is composed by our digital data assistant.

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

Date Value Change, %
2023 43.20 -5.68%
2022 45.80 -7.85%
2021 49.70 5.97%
2020 46.90 1.52%
2019 46.20 3.36%
2018 44.70 -3.87%
2017 46.50 -7.19%
2016 50.10 2.45%
2015 48.90 -3.74%
2014 50.80 2.42%
2013 49.60 -2.75%
2012 51.00