Bahrain continues to maintain its leading position as the freest economy in the Arab World
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
The Kingdom of Bahrain has maintained its leading position among Arab countries as the freest economy in the Arab World, according to the 2023 Economic Freedom of the World report published by the Fraser Institute. Bahrain obtained full scores in 9 indicators within the report, and was ranked 45th globally among 165 countries.
Regionally, the Kingdom of Bahrain showcased its effective Business-Friendly ecosystem, by leading the MENA region in the ‘Freedom to Enter Markets and Compete’ indicator.
Additionally, Bahrain topped the GCC in three out of five main areas, including “Freedom to Trade Internationally”.
The recent improvement in Bahrain’s ranks in international reports highlights the role of Team Bahrain and their coordinated efforts in positioning the country in the top global ranks moving towards further development and prosperity.