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 nine indicators within the report, and was ranked 45th globally among 165 countries.
Regionally, the kingdom 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”.