Austria: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 82
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 75
 Min - Max 70 - 82
 Source The Heritage Foundation
For that indicator, we provide data for Austria from 1995 to 2024. The average value for Austria during that period was 75 points with a minimum of 70 points in 1995 and a maximum of 82 points in 2006. The latest value from 2024 is 82 points. For comparison, the world average in 2024 based on 175 countries is 62 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Austria - Business freedom - Recent values chart

Historical chart
Austria - Business freedom - historical chart - 1995-2024

The Business Freedom index for Austria from The Heritage Foundation measures the ability to start, operate, and close a business. It reflects the overall burden of regulations and the efficiency of the government of Austria in the regulatory process.
Definition: The Business freedom index is based on 10 indicators, using data from the World Bank’s Doing Business study: Starting a business-procedures (number), time (days), cost (% of income per capita), and minimum capital (% of income per capita); Obtaining a license—procedures (number), time (days), and cost (% of income per capita); Closing a business—time (years), cost (% of estate), and recovery rate (cents on the dollar).

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

 Related indicators Latest value Reference Measure
 Property rights 97 2024 points
 Freedom from corruption 75 2024 points
 Fiscal freedom 37 2024 points
 Business freedom 82 2024 points
 Labor freedom 79 2024 points
 Monetary freedom 73.80 2024 points
 Trade freedom 79 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 68 2024 index points
This site uses cookies.
Learn more here