Spain: Business freedom index (0-100): For that indicator, The Heritage Foundation provides data for Spain from 1995 to 2018. The average value for Spain during that period was 73 points with a minumum of 66 points in 2018 and a maximum of 81 points in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Business Freedom index for Spain 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 Spain 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).