Ethiopia: Business freedom

* indicates monthly or quarterly data series
 Ethiopia

Business freedom index (0-100)

 Latest value 44
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 54
 Min - Max 39 - 67
 Source The Heritage Foundation
For that indicator, we provide data for Ethiopia from 1995 to 2024. The average value for Ethiopia during that period was 54 points with a minimum of 39 points in 2023 and a maximum of 67 points in 2011. The latest value from 2024 is 44 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
Ethiopia - Business freedom - Recent values chart

Historical chart
Ethiopia - Business freedom - historical chart - 1995-2024




The Business Freedom index for Ethiopia 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 Ethiopia 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 28 2024 points
 Freedom from corruption 34 2024 points
 Fiscal freedom 79 2024 points
 Business freedom 44 2024 points
 Labor freedom 39 2024 points
 Monetary freedom 49.80 2024 points
 Trade freedom 57 2024 points
 Investment freedom 30 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 48 2024 index points
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