Denmark: Business freedom

* indicates monthly or quarterly data series
 Denmark

Business freedom index (0-100)

 Latest value 89
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 93
 Min - Max 85 - 100
 Source The Heritage Foundation
For that indicator, we provide data for Denmark from 1996 to 2023. The average value for Denmark during that period was 93 points with a minimum of 85 points in 1996 and a maximum of 100 points in 2003. The latest value from 2023 is 89 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
Denmark - Business freedom - recent values

Historical chart
Denmark - Business freedom - historical chart - 1996-2023




The Business Freedom index for Denmark 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 Denmark 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 98 2023 points
 Freedom from corruption 100 2023 points
 Fiscal freedom 97 2023 points
 Business freedom 89 2023 points
 Labor freedom 65 2023 points
 Monetary freedom 82.40 2023 points
 Trade freedom 79 2023 points
 Investment freedom 90 2023 points
 Financial freedom 80 2023 points
 Economic freedom, overall index 78 2023 index points
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