Jordan ranks second among Arab states in 2015 Economic Freedoms report

AMMAN — Jordan ranked second among Arab countries in the 2015 Economic Freedoms report issued by the Canada-based Fraser Institute in December 2015. The Kingdom also ranked seventh worldwide among 157 countries in the Economic Freedoms Index the institute issued in September 2015.

The United Arab Emirates topped Arab countries with 8.2 points, and Jordan achieved 8.1 points in the report based on data from 2013. The index of obtaining secure monetary reserve and trade freedom index topped several strengths in the national economy.

In preparing the report, the institute depended on 37 main indexes in main fields such as the government size, legal structures, securing investors’ rights, ease of receiving loans, international trade freedom, work organisation and banking policy.