The American Heritage Foundation Think Thank which has just published its Index of Economic Freedom 2021 ranked Algeria 162nd out of the 178 countries listed and 13th among 14 countries in the Middle East and North Africa region. Algeria’s economic freedom score is 49.7, making its economy the 162nd freest in the 2021 Index, the Foundation said, adding that Algeria is ranked 13th among 14 countries in the Middle East and North Africa region, and its overall score is below the regional and world averages. At the level of the Maghreb, Morocco takes the lead at the 81st spot, followed by Tunisia which comes 119th, Mauritania 128th, and Egypt 130th. It is in this last category that the Algerian economy has been ranked, and is positioned between Burundi (161st) and North Korea (178th) (last in the ranking). Although secured interests in property are generally recognized and enforceable, court proceedings can be lengthy, and the results can be unpredictable.

Source: The North Africa Journal March 18, 2021 12:00 UTC