Bhutan: Business freedom

* indicates monthly or quarterly data series
 Bhutan

Business freedom index (0-100)

 Latest value 67
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 65
 Min - Max 59 - 73
 Source The Heritage Foundation
For that indicator, we provide data for Bhutan from 2009 to 2024. The average value for Bhutan during that period was 65 points with a minimum of 59 points in 2014 and a maximum of 73 points in 2017. The latest value from 2024 is 67 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
Bhutan - Business freedom - Recent values chart

Historical chart
Bhutan - Business freedom - historical chart - 2009-2024




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).

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 Related indicators Latest value Reference Measure
 Property rights 67 2024 points
 Freedom from corruption 71 2024 points
 Fiscal freedom 37 2024 points
 Business freedom 67 2024 points
 Labor freedom 57 2024 points
 Monetary freedom 69.20 2024 points
 Trade freedom 38 2024 points
 Investment freedom 20 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 55 2024 index points
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