Eritrea Leads Region in 2015 Index of Economic Freedom
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Banana factory in Eritrea |
Eritrea: 2015 Index of Economic Freedom
By Natna,
Heritage Foundation’s 2015 Index of Economic Freedom is out. The foundation states:
“The rankings have consistently shown a correlation between trade freedom and improved lives. The latest rankings, reported in the forthcoming 2015 Index of economic Freedom, once again confirm this connection. This report describes why trade is important to people around the world and provides options for advancing free trade.”
There could be many debates and questions that could arise from this report, but that is not the purpose of this post. It is simply to introduce the Heritage Foundations 2015 Trade Freedom Scores. For our purpose the scores highlighted are from the Horn of Africa region. The ranking shows Eritrea ranked significantly higher than its peer group, which over all have significantly larger economies, population size and resource endowment.
Rank | Country | Score |
---|---|---|
137 | Eritrea | 69.2 |
152 | Ethiopia | 64.4 |
153 | Kenya | 64 |
170 | Sudan | 55.6 |
173 | Djibouti | 54.8 |

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