The United Arab Emirates and Bahrain are this year tied as the most economically-free nations in the Arab world, according to Economic Freedom of the Arab World: 2017 Annual Report, co-published by the Fraser Institute, the Friedrich Naumann Foundation for Liberty and the International Research Foundation. This report compares and ranks 22 Arab nations in five areas of economic freedom: size of government, including expenditures, taxes and enterprises; commercial and economic law and security of property rights; access to sound money; freedom to trade internationally; and regulation of credit, labour and business.