Maldives: Business freedom

* indicates monthly or quarterly data series
 Maldives

Business freedom index (0-100)

 Latest value 49
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 76
 Min - Max 40 - 90
 Source The Heritage Foundation
The latest value from 2024 is 49 points, an increase from 45 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for the Maldives from 2009 to 2024 is 76 points. The minimum value, 40 points, was reached in 2022 while the maximum of 90 points was recorded in 2012. 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 data
Maldives - Business freedom - Recent values chart

Historical series
Maldives - Business freedom - historical chart - 2009-2024




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).

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 Related indicators Latest Reference Measure
 Property rights 49 2024 points
 Freedom from corruption 39 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 49 2024 points
 Labor freedom 52 2024 points
 Monetary freedom 76.20 2024 points
 Trade freedom 63 2024 points
 Investment freedom 35 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 48 2024 index points
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