Djibouti: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 48
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 48
 Min - Max 30 - 63
 Source The Heritage Foundation
For that indicator, we provide data for Djibouti from 1997 to 2023. The average value for Djibouti during that period was 48 points with a minimum of 30 points in 2013 and a maximum of 63 points in 2021. The latest value from 2023 is 48 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
Djibouti - Business freedom - recent values

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

The Business Freedom index for Djibouti 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 Djibouti 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 32 2023 points
 Freedom from corruption 27 2023 points
 Fiscal freedom 89 2023 points
 Business freedom 48 2023 points
 Labor freedom 51 2023 points
 Monetary freedom 72.20 2023 points
 Trade freedom 50 2023 points
 Investment freedom 60 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 56 2023 index points
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