Bosnia and Herzegovina: Business freedom

* indicates monthly or quarterly data series
 Bosnia and Herzegovina

Business freedom index (0-100)

 Latest value 67
 Year 2024
 Measure points
 Data availability 1998 - 2024
 Average 51
 Min - Max 40 - 67
 Source The Heritage Foundation
For that indicator, we provide data for Bosnia and Herzegovina from 1998 to 2024. The average value for Bosnia and Herzegovina during that period was 51 points with a minimum of 40 points in 1998 and a maximum of 67 points in 2022. 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Bosnia and Herzegovina - Business freedom - Recent values chart

Historical chart
Bosnia and Herzegovina - Business freedom - historical chart - 1998-2024




The Business Freedom index for Bosnia and Herzegovina 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 Bosnia and Herzegovina 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 48 2024 points
 Freedom from corruption 33 2024 points
 Fiscal freedom 97 2024 points
 Business freedom 67 2024 points
 Labor freedom 61 2024 points
 Monetary freedom 70.10 2024 points
 Trade freedom 68 2024 points
 Investment freedom 65 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 62 2024 index points
This site uses cookies.
Learn more here


OK