Benin: Business freedom

* indicates monthly or quarterly data series
 Benin

Business freedom index (0-100)

 Latest value 49
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 55
 Min - Max 42 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Benin from 1996 to 2024. The average value for Benin during that period was 55 points with a minimum of 42 points in 2010 and a maximum of 70 points in 1996. The latest value from 2024 is 49 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
Benin - Business freedom - Recent values chart

Historical chart
Benin - Business freedom - historical chart - 1996-2024




The Business Freedom index for Benin 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 Benin 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 45 2024 points
 Freedom from corruption 41 2024 points
 Fiscal freedom 49 2024 points
 Business freedom 49 2024 points
 Labor freedom 59 2024 points
 Monetary freedom 81.90 2024 points
 Trade freedom 61 2024 points
 Investment freedom 50 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 58 2024 index points
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