Economic Freedom 5 Years in Egypt compared to Middle East
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Descending Rank
| Iran |
19.42%
|
| UAE |
10.96%
|
| Kuwait |
4.20%
|
| Saudi Arabia |
3.11%
|
| Israel |
2.86%
|
| Qatar |
2.53%
|
| Morocco |
2.21%
|
| Jordan |
-4.61%
|
| Tunisia |
-4.93%
|
| Oman |
-8.50%
|
| Algeria |
-8.77%
|
| Bahrain |
-8.95%
|
| Egypt |
-9.16%
|
| Lebanon |
-11.39%
|
Egypt: Economic freedom index, 5-year change
Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:
- Greatly Improved
- Improved
- Nuetral
- Worse
- Much Worse
Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal
Egypt does not publish official house price statistics. The monthly real estate index from a private entity, Aqarmap, are the best available statistics for Egyptian house prices. The Central Bank of Egypt (CBE) is the source of general economics statistics. The CBE releases a quarterly economic review and a monthly statistical bulletin.