Italy: Business freedom

* indicates monthly or quarterly data series
 Italy

Business freedom index (0-100)

 Latest value 74
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 73
 Min - Max 68 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Italy from 1995 to 2023. The average value for Italy during that period was 73 points with a minimum of 68 points in 2021 and a maximum of 85 points in 1995. The latest value from 2023 is 74 points. For comparison, the world average in 2023 based on 179 countries is 60 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
Italy - Business freedom - recent values

Historical chart
Italy - Business freedom - historical chart - 1995-2023




The Business Freedom index for Italy 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 Italy 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 81 2023 points
 Freedom from corruption 61 2023 points
 Fiscal freedom 20 2023 points
 Business freedom 74 2023 points
 Labor freedom 71 2023 points
 Monetary freedom 82.60 2023 points
 Trade freedom 79 2023 points
 Investment freedom 80 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 62 2023 index points
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