Morocco climbs to 86th place in Global Economic Freedom Index

Morocco climbs to 86th place in Global Economic Freedom Index
Sunday 9 March 2025 - 13:54

Morocco has improved its ranking in the 2025 Global Economic Freedom Index, published by the Heritage Foundation, moving up to 86th place out of 184 countries. 

With a score of 60.3 points, the country has gained 3.5 points compared to last year, marking its highest score since 2022.

Regionally, Morocco ranks seventh in the Middle East and North Africa (MENA), scoring well above both the global and regional averages. 

According to the report, Morocco is classified as a moderately free economy, meaning it allows a fair level of economic flexibility while still facing some restrictions.

The index attributes Morocco’s progress to key economic reforms, particularly those aimed at boosting the private sector’s growth. 

The report highlights increased purchasing power, a more diversified economy, and streamlined administrative processes for business creation as important factors behind this improvement. 

However, the report also notes that rigid labor market regulations remain a major obstacle to job creation, leaving a portion of the workforce operating in the informal sector.

The Global Economic Freedom Index, first launched in the mid-1990s, evaluates countries based on four main areas: rule of law, government size, regulatory efficiency, and open markets. 

These are further broken down into indicators such as government spending, business freedom, trade freedom, and investment climate.

Morocco’s business and monetary freedom scores surpass the global average.

In the Arab world, the UAE leads the rankings with 71.6 points, followed by Qatar (70.2), Bahrain, Oman, and Saudi Arabia. Meanwhile, Tunisia and Libya scored 49 and 47.5 points, respectively.

Globally, Singapore remains the most economically free country, followed by Hong Kong, Ireland, Taiwan, and Luxembourg. 

The report notes that global economic pressures, rising inflation, and ongoing geopolitical conflicts have impacted economic freedom worldwide, contributing to growing public debt and financial instability in several countries.

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