Bhutan: Business freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Bhutan: Business freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Bhutan from 2009 to 2020. 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 2020 is 68 points. For comparison, the world average in 2020 based on 183 countries is 63 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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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