Macao: Business freedom

The latest value from 2020 is 60 points, unchanged from 60 points in 2019. In comparison, the world average is 63 points, based on data from 182 countries. Historically, the average for Macao from 2009 to 2020 is 60 points. The minimum value, 60 points, was reached in 2009 while the maximum of 60 points was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

The Business Freedom index for Macao 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 Macao 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).