
Brazil: Business freedom
* indicates monthly or quarterly data series
Brazil |
Business freedom index (0-100) |
---|---|
Latest value | 63 |
Reference | 2022 |
Measure | points |
Source | The Heritage Foundation |
For that indicator, we provide data for Brazil from 1995 to 2022. The average value for Brazil during that period was 61 points with a minimum of 53 points in 2013 and a maximum of 70 points in 1997.
The latest value from 2022 is 63 points. For comparison, the world average in 2022 based on 175
countries is 60 points.
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use the country comparator to compare trends over time.
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The Business Freedom index for Brazil 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 Brazil 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).