Estonia: Business freedom

* indicates monthly or quarterly data series
 Estonia

Business freedom index (0-100)

 Latest value 83
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 81
 Min - Max 73 - 87
 Source The Heritage Foundation
The latest value from 2024 is 83 points, an increase from 79 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for Estonia from 1995 to 2024 is 81 points. The minimum value, 73 points, was reached in 2021 while the maximum of 87 points was recorded in 2022. 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 data
Estonia - Business freedom - Recent values chart

Historical series
Estonia - Business freedom - historical chart - 1995-2024




The Business Freedom index for Estonia 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 Estonia 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).

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 Related indicators Latest Reference Measure
 Property rights 93 2024 points
 Freedom from corruption 81 2024 points
 Fiscal freedom 85 2024 points
 Business freedom 83 2024 points
 Labor freedom 64 2024 points
 Monetary freedom 66.20 2024 points
 Trade freedom 79 2024 points
 Investment freedom 90 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 78 2024 index points
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