Albania loses 9 seats in economic freedom – Heritage Foundation: 66th in the world, because of the judiciary and property rights
Albania has lost 9 positions in the global ranking of economic freedom 2021, published by the Heritage Foundation, which is known as one of the most prestigious publications in this regard. This year, Albania is ranked 66th in the world, with a score of 65.2 points, which translates into a decrease of 1.7 points compared to a year ago, when we were ranked 57th in the world. Two years ago, meanwhile, Albania was ranked 52nd globally.
The Heritage Foundation justifies this decline in rankings and scores with the deterioration of property rights and the effectiveness of the judiciary. Among European countries, Albania ranks 35th out of 45 countries, while the overall score turns out to be below the global average, the report says between the lines. The deterioration of the last year has slowed progress towards the European average.
In terms of indicators, trade and labor freedom deteriorated, while the tax burden, fiscal health, business freedom, monetary freedom and governance integrity improved.
Albania is classified as a predominantly free country, leaving behind countries such as Italy, Bosnia and Herzegovina, Montenegro, Greece or Croatia. Kosovo, meanwhile, ranks 58th globally. In terms of ranking leader, it is held by Singapore, followed by New Zealand and Australia.
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.