Tunisia has been ranked 110th out of 161 countries in the 2025 Global Capitalism Index (GCI), scoring 56.1 points and placing 18th among African countries, according to the index developed by researchers at the University of Virginia in the United States.
The country improved by two places from its previous ranking but continues to face challenges in market competition, business conditions and market openness, highlighting areas for improvement in its economic and institutional environment.
Published in October 2026, the index assesses the extent to which national institutions and economic frameworks enable markets and capital to operate. It covers eight areas: property rights, market competition, banking, capital markets, business development, labor market openness, market-supporting policies, and the free flow of goods and capital.
Tunisia’s strongest performance was in the banking system, where it scored 70.1 points and ranked 45th worldwide. That result contrasts with its weaker performance in market competition, where it ranked 126th, and market-supporting policies, where it placed 124th.
The country also ranked 113th in property rights protection and 105th in labor market openness. In other areas, Tunisia ranked 86th in new business development, 92nd in capital market sophistication and 102nd in the free flow of goods and capital.
These results point to disparities across Tunisia’s economic framework, with the banking system performing relatively well while competition, market access and the broader business environment remain areas of concern.
At the African level, Mauritius topped the ranking with 73.9 points, followed by Seychelles in 50th place globally and Botswana in 52nd. Namibia ranked fourth in Africa, followed by Cape Verde, Rwanda, South Africa, Benin, Morocco and Egypt. Mauritius’ performance was supported by its rankings in the free flow of goods and capital, market-supporting policies and capital market sophistication.
Switzerland led the global index with 96.9 points, followed by the United States with 95 points and Hong Kong with 94.5 points. Canada and Singapore rounded out the top five with scores of 93.8 and 93.3 points, respectively. Luxembourg, Denmark, Australia, Sweden and Norway completed the global top 10.
The index measures how effectively institutions allow capital to be deployed and markets to function while limiting constraints imposed by public and private actors. Its findings provide a framework for comparing countries’ institutional conditions for private enterprise, investment and market development.
TunisianMonitorNews