* indicates monthly or quarterly data series
To explore further:
Articles on the world economy:
Macao: Business freedom index (0-100): For that indicator, The Heritage Foundation provides data for Macao from 2009 to 2019. The average value for Macao during that period was 60 points with a minumum of 60 points in 2009 and a maximum of 60 points 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).