Summary:

In recent weeks, the Fraser Institute, Canadian think tank, released its 2023 “Economic Freedom of the World” report, ranking Tunisia 121st out of 165 countries ranked. 

The report ranks countries based on five areas, including size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation. 

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Tunisia’s lowest scores were related to size of government (4.61 out of 10) and freedom to trade internationally (4.14 out of 10). Scores for regulation (5.52 out of 10), legal system and property rights (6.00 out of 10) and sound money (6.16 out of 10) were slightly higher. 

Other North Africa countries also received relatively low rankings, with Morocco at 97th, Algeria at 157th, Libya at 160th, and Egypt at 144th. 

The report self-identifies as measuring “the degree to which the policies and institutions of countries are supportive of economic freedom.” The Fraser Institute describes its mission as “communicating the effects of government policies, entrepreneurship and choice” on the well being of Canadian citizens. The organization has been characterized as representing a conservative or libertarian perspective. 

Outlook:  

The reported findings regarding economic freedom in Tunisia largely agree with the areas of assessed vulnerability from the World Bank and the International Monetary Fund (IMF) which view Tunisia’s massive public sector as one of its main economic challenges. 

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