Bangladesh: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 50
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 52
 Min - Max 40 - 71
 Source The Heritage Foundation
For that indicator, we provide data for Bangladesh from 1995 to 2024. The average value for Bangladesh during that period was 52 points with a minimum of 40 points in 1995 and a maximum of 71 points in 2014. The latest value from 2024 is 50 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.
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* indicates monthly or quarterly data series

Recent values chart
Bangladesh - Business freedom - Recent values chart

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

The Business Freedom index for Bangladesh 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 Bangladesh 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).

 Related indicators Latest value Reference Measure
 Property rights 36 2024 points
 Freedom from corruption 23 2024 points
 Fiscal freedom 69 2024 points
 Business freedom 50 2024 points
 Labor freedom 47 2024 points
 Monetary freedom 69.50 2024 points
 Trade freedom 62 2024 points
 Investment freedom 50 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 54 2024 index points
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