Ireland: Business freedom index (0-100): For that indicator, The Heritage Foundation provides data for Ireland from 1995 to 2018. The average value for Ireland during that period was 86 points with a minumum of 80 points in 2016 and a maximum of 94 points in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Business Freedom index for Ireland 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 Ireland 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).