Sao Tome and Principe: Business freedom

* indicates monthly or quarterly data series
 Sao Tome and Principe

Business freedom index (0-100)

 Latest value 53
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 56
 Min - Max 32 - 66
 Source The Heritage Foundation
For that indicator, we provide data for Sao Tome and Principe from 2009 to 2023. The average value for Sao Tome and Principe during that period was 56 points with a minimum of 32 points in 2011 and a maximum of 66 points in 2016. The latest value from 2023 is 53 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
Sao Tome and Principe - Business freedom - recent values

Historical chart
Sao Tome and Principe - Business freedom - historical chart - 2009-2023




The Business Freedom index for Sao Tome and Principe 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 Sao Tome and Principe 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 52 2023 points
 Freedom from corruption 48 2023 points
 Fiscal freedom 90 2023 points
 Business freedom 53 2023 points
 Labor freedom 42 2023 points
 Monetary freedom 66.50 2023 points
 Trade freedom 65 2023 points
 Investment freedom 60 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 62 2023 index points
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