Yemen: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 28
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 57
 Min - Max 28 - 75
 Source The Heritage Foundation
For that indicator, we provide data for Yemen from 1995 to 2023. The average value for Yemen during that period was 57 points with a minimum of 28 points in 2023 and a maximum of 75 points in 2009. The latest value from 2023 is 28 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
Yemen - Business freedom - Recent values chart

Historical chart
Yemen - Business freedom - historical chart - 1995-2023

The Business Freedom index for Yemen 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 Yemen 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 6 2024 points
 Freedom from corruption 7 2024 points
 Fiscal freedom 92 2015 points
 Business freedom 28 2023 points
 Labor freedom 31 2023 points
 Monetary freedom 54.60 2021 points
 Trade freedom 67 2021 points
 Investment freedom 50 2020 points
 Financial freedom 30 2016 points
 Economic freedom, overall index 54 2015 index points
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