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South Africa drops in global economic freedom rankings

# South Africa has dropped to 87th of 165 countries in the Economic Freedom of the World: 2026 Annual Report, as inflation pressures and currency depreciation continue to worsen broader economic challenges. The Free Market Foundation and Canada’s Fraser Institute measured five areas: size of government; legal system and property rights; sound money; freedom to trade internationally; and regulation. With a score of 6.63 out of ten, the report highlights several major structural weaknesses holding South Africa back, including excessive general government spending and heavy regulation, particularly of the labour market.