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Russia Business freedom

(points, source: The Heritage Foundation)

Russia Business freedom index (0-100): For that indicator, The Heritage Foundation provides data for Russia from 1995 to 2017. The average value for Russia during that period was 61.3 points with a minumum of 50.7 points in 2011 and a maximum of 85 points in 1995.
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The Business Freedom index for Russia 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 Russia in the regulatory process. Business freedom rankings around the world. Create and download charts for Russia Business freedom and other indicators with the country comparator.


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).