Economies are ranked on their ease of doing business, from 1 – 183, with first place being the best. A high ranking on the ease of doing business index means the regulatory environment is conducive to the operation of business. This index averages the country’s percentile rankings on 10 topics, made up of a variety of indicators, giving equal weight to each topic. The rankings are from the Doing Business 2010 report, covering the period June 2008 through May 2009.
Highlights:
- #1 in ease of doing business, Singapore
- #1 in starting a business, New Zealand
- #1 in dealing with construction permits, Hong Kong SAR, China
- #1 in employing workers, tie between Singapore, United States, Australia
- #1 in registering property Saudi Arabia
- #1 in getting credit Malaysia
- #1 in protecting investors, New Zealand
- #1 in paying taxes, Maldives
- #1 in trading across boarders, Singapore
- #1 in enforcing contracts, Luxembourg
- #1 in closing a business, Japan
However, it’s interesting to note the dualities… for example, Maldives may be #1 in paying taxes, however, is #126 in trading across borders.
See the full report at doingbusiness.org
Tags: ease of doing business, global rankings, statistics