Dominica: Business freedom

* indicates monthly or quarterly data series
 Dominica

Business freedom index (0-100)

 Latest value 64
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 72
 Min - Max 56 - 81
 Source The Heritage Foundation
For that indicator, we provide data for Dominica from 2009 to 2023. The average value for Dominica during that period was 72 points with a minimum of 56 points in 2022 and a maximum of 81 points in 2012. The latest value from 2023 is 64 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
Dominica - Business freedom - recent values

Historical chart
Dominica - Business freedom - historical chart - 2009-2023




The Business Freedom index for Dominica 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 Dominica 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 69 2023 points
 Freedom from corruption 58 2023 points
 Fiscal freedom 57 2023 points
 Business freedom 64 2023 points
 Labor freedom 60 2023 points
 Monetary freedom 82.60 2023 points
 Trade freedom 55 2023 points
 Investment freedom 70 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 60 2023 index points
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