Hungary: Business freedom

* indicates monthly or quarterly data series
 Hungary

Business freedom index (0-100)

 Latest value 74
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 72
 Min - Max 60 - 85
 Source The Heritage Foundation
The latest value from 2024 is 74 points, unchanged from 74 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for Hungary from 1995 to 2024 is 72 points. The minimum value, 60 points, was reached in 2020 while the maximum of 85 points was recorded in 1995. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Hungary - Business freedom - Recent values chart

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




The Business Freedom index for Hungary 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 Hungary 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).

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Property rights 70 2024 points
 Freedom from corruption 44 2024 points
 Fiscal freedom 12 2024 points
 Business freedom 74 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 68.80 2024 points
 Trade freedom 79 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 61 2024 index points
This site uses cookies.
Learn more here


OK