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World Bank Rankings

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The World Bank's latest rankings are out. 189 Countries are ranked on their ease of doing business, from 1 – 189. The lower the number means the regulatory environment is more conducive to the starting a business and operation of a local firm. i.e. The number 1 country on the list is the easiest to do business in and number 189 is the most difficult. 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 for all countries are benchmarked to June 2013.

The ranking methodology is included on their webpage, link included at the foot of the article along with a downloadable PDF with the entire list. 

Brazil comes in at number 116 but how does this compare to the other BRICS and where is it easiest to start a business – or where is it even more difficult?

The top 15 are:

 

Country

Ease of Doing Business Rank

Singapore

1

Hong Kong SAR, China

2

New Zealand

3

United States

4

Denmark

5

Malaysia

6

Korea, Rep.

7

Georgia

8

Norway

9

United Kingdom

10

Australia

11

Finland

12

Iceland

13

Sweden

14

Ireland

15

 

As for the other BRIC countries:

Brazil = 116

Russia = 92

India = 134

Mainland China = 96 (Hong Kong = 2nd and Taiwan = 16th)

South Africa = 41

 

We at iCAABS understand how complicated it is to open and operate a business in Brazil so can not imagine how much more difficult it must be in India.

 

As a point of note the bottom 15 (countries most difficult to deal with) are: 

Country

Ease of Doing Business Rank

Guinea

175

Niger

176

Haiti

177

Senegal

178

Angola

179

Guinea-Bissau

180

Venezuela, RB

181

Myanmar

182

Congo, Dem. Rep.

183

Eritrea

184

Congo, Rep.

185

South Sudan

186

Libya

187

Central African Republic

188

Chad

189

If you are looking to start doing business in Brazil please contact us and we can help you make sense of it all and ease your experience.

The World Bank weblink is http://www.doingbusiness.org/rankings

Download PDF with full list.

 

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