This map of economic freedom in Africa comes from

africa economic freedom

The data come from the Heritage Foundation – which publishes a yearly index of economic freedom. Basically, the index is an average of scores (between 0 and 100) awarded for the following qualitative and quantitative factors:

  1. Rule of Law
    1. Property rights
    2. Government integrity
    3. Judicial effectiveness
  2. Government Size
    1. Government spending
    2. Tax burden
    3. Fiscal health
  3. Regulatory Efficiency
    1. Business freedom
    2. Labour freedom
    3. Monetary freedom
  4. Open Markets
    1. Trade freedom
    2. Investment freedom
    3. Financial freedom

You can check out their methodology here.

Rolling Alpha posts opinions on finance, economics, and sometimes things that are only loosely related. Follow me on Twitter @RollingAlpha, and on Facebook at Also, check out the RA podcast on iTunes: The Story of Money.