Equatorial Guinea: Business freedom

* indicates monthly or quarterly data series
 Equatorial Guinea

Business freedom index (0-100)

 Latest value 33
 Year 2024
 Measure points
 Data availability 1999 - 2024
 Average 46
 Min - Max 33 - 55
 Source The Heritage Foundation
For that indicator, we provide data for Equatorial Guinea from 1999 to 2024. The average value for Equatorial Guinea during that period was 46 points with a minimum of 33 points in 2024 and a maximum of 55 points in 1999. The latest value from 2024 is 33 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.
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* indicates monthly or quarterly data series

Recent values chart
Equatorial Guinea - Business freedom - Recent values chart

Historical chart
Equatorial Guinea - Business freedom - historical chart - 1999-2024

The Business Freedom index for Equatorial Guinea 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 Equatorial Guinea 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 21 2024 points
 Freedom from corruption 6 2024 points
 Fiscal freedom 98 2024 points
 Business freedom 33 2024 points
 Labor freedom 46 2024 points
 Monetary freedom 72.80 2024 points
 Trade freedom 49 2024 points
 Investment freedom 40 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 48 2024 index points
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