Bhutan: Business freedom

* indicates monthly or quarterly data series
 Bhutan

Business freedom index (0-100)

 Latest value 63
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 64
 Min - Max 59 - 73
 Source The Heritage Foundation
For that indicator, we provide data for Bhutan from 2009 to 2023. The average value for Bhutan during that period was 64 points with a minimum of 59 points in 2014 and a maximum of 73 points in 2017. The latest value from 2023 is 63 points. For comparison, the world average in 2023 based on 179 countries is 60 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
Bhutan - Business freedom - recent values

Historical chart
Bhutan - Business freedom - historical chart - 2009-2023




The Business Freedom index for Bhutan 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 Bhutan 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 67 2023 points
 Freedom from corruption 72 2023 points
 Fiscal freedom 79 2023 points
 Business freedom 63 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 65.60 2023 points
 Trade freedom 38 2023 points
 Investment freedom 20 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 59 2023 index points
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