Costa Rica: Business freedom

* indicates monthly or quarterly data series
 Costa Rica

Business freedom index (0-100)

 Latest value 80
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 67
 Min - Max 58 - 80
 Source The Heritage Foundation
For that indicator, we provide data for Costa Rica from 1995 to 2024. The average value for Costa Rica during that period was 67 points with a minimum of 58 points in 2011 and a maximum of 80 points in 2024. The latest value from 2024 is 80 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
Costa Rica - Business freedom - Recent values chart

Historical chart
Costa Rica - Business freedom - historical chart - 1995-2024

The Business Freedom index for Costa Rica 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 Costa Rica 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).

Selected articles from our guide:

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

All articles

 Related indicators Latest value Reference Measure
 Property rights 65 2024 points
 Freedom from corruption 59 2024 points
 Fiscal freedom 44 2024 points
 Business freedom 80 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 74.50 2024 points
 Trade freedom 75 2024 points
 Investment freedom 60 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 68 2024 index points
This site uses cookies.
Learn more here