Honduras: Business freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Honduras: Business freedom index (0-100)

, 1995 - 2020: For that indicator, we provide data for Honduras from 1995 to 2020. The average value for Honduras during that period was 57 points with a minimum of 53 points in 2015 and a maximum of 64 points in 2009. The latest value from 2020 is 57 points. For comparison, the world average in 2020 based on 183 countries is 63 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
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The Business Freedom index for Honduras 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 Honduras 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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