Mali: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 41
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 55
 Min - Max 35 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Mali from 1995 to 2023. The average value for Mali during that period was 55 points with a minimum of 35 points in 2006 and a maximum of 70 points in 1996. The latest value from 2023 is 41 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
Mali - Business freedom - recent values

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

The Business Freedom index for Mali 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 Mali 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 33 2023 points
 Freedom from corruption 27 2023 points
 Fiscal freedom 69 2023 points
 Business freedom 41 2023 points
 Labor freedom 54 2023 points
 Monetary freedom 79.20 2023 points
 Trade freedom 64 2023 points
 Investment freedom 65 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 55 2023 index points
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