Greece: Business freedom

* indicates monthly or quarterly data series
 Greece

Business freedom index (0-100)

 Latest value 74
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 73
 Min - Max 70 - 79
 Source The Heritage Foundation
For that indicator, we provide data for Greece from 1995 to 2024. The average value for Greece during that period was 73 points with a minimum of 70 points in 1995 and a maximum of 79 points in 2009. The latest value from 2024 is 74 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
Greece - Business freedom - Recent values chart

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




The Business Freedom index for Greece 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 Greece 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 77 2024 points
 Freedom from corruption 55 2024 points
 Fiscal freedom 6 2024 points
 Business freedom 74 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 68.90 2024 points
 Trade freedom 79 2024 points
 Investment freedom 55 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 55 2024 index points
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