Syria: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 35
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 59
 Min - Max 35 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Syria from 1996 to 2023. The average value for Syria during that period was 59 points with a minimum of 35 points in 2023 and a maximum of 85 points in 1996. The latest value from 2023 is 35 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
Syria - Business freedom - Recent values chart

Historical chart
Syria - Business freedom - historical chart - 1996-2023

The Business Freedom index for Syria 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 Syria 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 3 2023 points
 Freedom from corruption 7 2023 points
 Fiscal freedom 86 2013 points
 Business freedom 35 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 60.60 2021 points
 Trade freedom 47 2021 points
 Investment freedom 0 2021 points
 Financial freedom 20 2016 points
 Economic freedom, overall index 51 2012 index points
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