Belarus: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 53
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 62
 Min - Max 40 - 76
 Source The Heritage Foundation
For that indicator, we provide data for Belarus from 1995 to 2024. The average value for Belarus during that period was 62 points with a minimum of 40 points in 2001 and a maximum of 76 points in 2020. The latest value from 2024 is 53 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
Belarus - Business freedom - Recent values chart

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

The Business Freedom index for Belarus 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 Belarus 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 value Reference Measure
 Property rights 22 2024 points
 Freedom from corruption 33 2024 points
 Fiscal freedom 84 2024 points
 Business freedom 53 2024 points
 Labor freedom 46 2024 points
 Monetary freedom 62.20 2024 points
 Trade freedom 71 2024 points
 Investment freedom 30 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 48 2024 index points
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