Nepal: Business freedom

* indicates monthly or quarterly data series
 Nepal

Business freedom index (0-100)

 Latest value 61
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 59
 Min - Max 54 - 66
 Source The Heritage Foundation
The latest value from 2024 is 61 points, an increase from 60 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for Nepal from 1996 to 2024 is 59 points. The minimum value, 54 points, was reached in 2012 while the maximum of 66 points was recorded in 2015. 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
Nepal - Business freedom - Recent values chart

Historical series
Nepal - Business freedom - historical chart - 1996-2024




The Business Freedom index for Nepal 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 Nepal 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 38 2024 points
 Freedom from corruption 36 2024 points
 Fiscal freedom 69 2024 points
 Business freedom 61 2024 points
 Labor freedom 48 2024 points
 Monetary freedom 70.00 2024 points
 Trade freedom 58 2024 points
 Investment freedom 10 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 52 2024 index points
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