Mexico: Business freedom

* indicates monthly or quarterly data series
 Mexico

Business freedom index (0-100)

 Latest value 71
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 69
 Min - Max 55 - 87
 Source The Heritage Foundation
For that indicator, we provide data for Mexico from 1995 to 2024. The average value for Mexico during that period was 69 points with a minimum of 55 points in 1995 and a maximum of 87 points in 2011. The latest value from 2024 is 71 points. For comparison, the world average in 2024 based on 175 countries is 62 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
Mexico - Business freedom - Recent values chart

Historical chart
Mexico - Business freedom - historical chart - 1995-2024




The Business Freedom index for Mexico 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 Mexico 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 value Reference Measure
 Property rights 47 2024 points
 Freedom from corruption 29 2024 points
 Fiscal freedom 67 2024 points
 Business freedom 71 2024 points
 Labor freedom 58 2024 points
 Monetary freedom 68.30 2024 points
 Trade freedom 77 2024 points
 Investment freedom 75 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 62 2024 index points
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