Doing Business 2020

Doing Business provides objective measures of business regulations for local firms in 190 economies.

HIGHLIGHTS

Main findings for Doing Business 2020:

  • Doing Business captures 294 regulatory reforms implemented between May 2018 and May 2019. Worldwide, 115 economies made it easier to do business.
  • The economies with the most notable improvement in Doing Business 2020 are Saudi ArabiaJordanTogoBahrainTajikistanPakistanKuwaitChinaIndia and Nigeria. In 2018/19, these countries implemented one-fifth of all the reforms recorded worldwide.
  • Economies in Sub-Saharan Africa and Latin America and the Caribbean continue to lag in terms of reforms. Only two Sub-Saharan African economies rank in the top 50 on the ease of doing business; no Latin American economies rank in this group.
  • Doing Business 2020 continues to show a steady convergence between developing and developed economies, especially in the area of business incorporation. Since 2003/04, 178 economies have implemented 722 reforms captured by the starting a business indicator set, either reducing or eliminating barriers to entry. 
  • Those economies that score well on Doing Business tend to benefit from higher levels of entrepreneurial activity and lower levels of corruption.
  • While economic reasons are the main drivers of reform, the advancement of neighboring economies provides an additional impetus for regulatory change.
  • Twenty-six economies became less business-friendly, introducing 31 regulatory changes that stifle efficiency and quality of regulation.

More…

https://www.doingbusiness.org/