Bangladesh: Business freedom

* indicates monthly or quarterly data series
 Bangladesh

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
The latest value from 2024 is 50 points, a decline from 57 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for Bangladesh from 1995 to 2024 is 52 points. The minimum value, 40 points, was reached in 1995 while the maximum of 71 points was recorded in 2014. 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 data
Bangladesh - Business freedom - Recent values chart

Historical series
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).

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 Related indicators Latest 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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