Brazil: Business freedom

* indicates monthly or quarterly data series
 Brazil

Business freedom index (0-100)

 Latest value 64
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 61
 Min - Max 53 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Brazil from 1995 to 2023. 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 2023 is 64 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
Brazil - Business freedom - recent values

Historical chart
Brazil - Business freedom - historical chart - 1995-2023




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).


 Related indicators Latest value Reference Measure
 Property rights 50 2023 points
 Freedom from corruption 39 2023 points
 Fiscal freedom 3 2023 points
 Business freedom 64 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 73.70 2023 points
 Trade freedom 65 2023 points
 Investment freedom 60 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 54 2023 index points
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