Cambodia: Business freedom

* indicates monthly or quarterly data series
 Cambodia

Business freedom index (0-100)

 Latest value 54
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 44
 Min - Max 29 - 55
 Source The Heritage Foundation
For that indicator, we provide data for Cambodia from 1997 to 2023. The average value for Cambodia during that period was 44 points with a minimum of 29 points in 2015 and a maximum of 55 points in 1997. The latest value from 2023 is 54 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
Cambodia - Business freedom - recent values

Historical chart
Cambodia - Business freedom - historical chart - 1997-2023




The Business Freedom index for Cambodia 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 Cambodia 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 41 2023 points
 Freedom from corruption 15 2023 points
 Fiscal freedom 90 2023 points
 Business freedom 54 2023 points
 Labor freedom 48 2023 points
 Monetary freedom 74.30 2023 points
 Trade freedom 67 2023 points
 Investment freedom 50 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 57 2023 index points
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