Cameroon: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 47
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 48
 Min - Max 37 - 60
 Source The Heritage Foundation
For that indicator, we provide data for Cameroon from 1995 to 2023. The average value for Cameroon during that period was 48 points with a minimum of 37 points in 2010 and a maximum of 60 points in 2022. The latest value from 2023 is 47 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
Cameroon - Business freedom - recent values

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

The Business Freedom index for Cameroon 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 Cameroon 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 38 2023 points
 Freedom from corruption 21 2023 points
 Fiscal freedom 82 2023 points
 Business freedom 47 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 80.30 2023 points
 Trade freedom 54 2023 points
 Investment freedom 30 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 52 2023 index points
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