Suriname: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 53
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 49
 Min - Max 40 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Suriname from 1996 to 2024. The average value for Suriname during that period was 49 points with a minimum of 40 points in 2013 and a maximum of 70 points in 1996. The latest value from 2024 is 53 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
Suriname - Business freedom - Recent values chart

Historical chart
Suriname - Business freedom - historical chart - 1996-2024

The Business Freedom index for Suriname 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 Suriname 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 42 2024 points
 Freedom from corruption 38 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 53 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 44.10 2024 points
 Trade freedom 64 2024 points
 Investment freedom 40 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 47 2024 index points
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