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Business freedom - Country rankings:

The average for 2019 was 63 points.The highest value was in Hong Kong: 96 points and the lowest value was in North Korea: 5 points. Below is a chart for all countries where data are available for: Business freedom.

Business freedom index (0-100), 2019
(points, Source: The Heritage Foundation);

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).

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