Maldives: Business freedom

* indicates monthly or quarterly data series
 Maldives

Business freedom index (0-100)

 Latest value 45
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 77
 Min - Max 40 - 90
 Source The Heritage Foundation
For that indicator, we provide data for the Maldives from 2009 to 2023. The average value for the Maldives during that period was 77 points with a minimum of 40 points in 2022 and a maximum of 90 points in 2012. The latest value from 2023 is 45 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Maldives - Business freedom - recent values

Historical chart
Maldives - Business freedom - historical chart - 2009-2023




The Business Freedom index for the Maldives 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 the Maldives 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 48 2023 points
 Freedom from corruption 39 2023 points
 Fiscal freedom 0 2023 points
 Business freedom 45 2023 points
 Labor freedom 50 2023 points
 Monetary freedom 79.90 2023 points
 Trade freedom 59 2023 points
 Investment freedom 35 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 47 2023 index points
This site uses cookies.
Learn more here


OK