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Doing Business

The World Bank publishes an annual ranking of Doing Business, which reflects the difficulty of opening and running their own business in different countries around the world. This rating directly reflects the level of business climate in the country, which affects the inflow of investment and has a positive impact on the standard of living of the state.

Rating is made on the basis of 10 indicators of business regulation that take into account time and cost of fulfilling by an entrepreneur of requirements of the state for registration of a new company, business activity, trade operations, contract enforcement, taxation and closing of the company. Each indicator is weighted equally. Variables such as macroeconomic policies, quality of infrastructure, skills of the labor force, currency fluctuations, investor opinion, security and the level of corruption are not taken into account. Thus, the business environment of the world’s countries is considered without taking into account political aspects, solely at the level of government regulation. In the final rating all countries are ranked by the level of favorable conditions for doing business from 1 to 189 places, the first place being the highest. The high position of the country means that it is fast, easy and safe to open and conduct business in this country. The current ranking reflects the situation for 2020.

The table contains a summary ranking of the countries of the world on the indicator of the ease of doing business, as well as data on ten indicators of business regulation:

  1. Business registration.
  2. Obtaining building permits.
  3. Getting connected to electric supply.
  4. Registration of property.
  5. Getting credit.
  6. Protecting investors.
  7. Taxation.
  8. International trade.
  9. Contract enforcement.
  10. Liquidation of enterprises.
    The indicators are listed in the table under their numbers, respectively – from No. 1 to No. 10.
country№1№2№3№4№5№6№7№8№9№10
1New Zealand17482139632336
2Singapore451921373747127
3Hong Kong513513772293145
4Denmark4542111482881146
5South Korea331224067252136211
6USA552464394362539172
7Georgia22142515714451264
8United Kingdom182384137727333414
9Norway252244159421342235
10Sweden3931109802831183917
11Lithuania341015448371819789
12Malaysia126243337280493540
13Mauritius208282367185722028
14Australia711624245728106620
15Taiwan2169201042139611123
16UNITED ARAB EMIRATES17311048133092980
17Macedonia78156848251237324730
18Estonia141953648791217854
19Latvia26566125154516281555
20Finland3142243480611037451
21Thailand473466748368623724
22Germany1253057648614642134
23Canada36412436157195110013
24Ireland2336476048134529119
25Kazakhstan2237672425764105442
26Iceland64721616942842533312
27Austria12749293194374411022
28Russia4026712257258992157
29Japan10618144394575157503
30Spain9779555980283512618
31China27331228802810556551
32France37521799104456111626
33Turkey775341273721264424120
34Azerbaijan9598044110540832847
35Israel28358375481813678529
36Switzerland817113186710520265749
37Slovenia411192354119184511128
38Rwanda3581593411438883262
39Portugal63605235119614313815
40Poland12839609237517715525
41Czech Republic1341571132486153110316
42Netherlands2488583011979221787
43Bahrain6717721794511775960
44Serbia7399458673785236541
45Slovakia11814654848885514646
46Belgium48451081396745631569
47Armenia106230134812052433095
48Moldova131568422484533386267
49Belarus304820141047999244074
50Montenegro1014013483156175414443
51Croatia1141503738104374912763
52Hungary871081252937975612566
53Morocco431634811193724586073
54Cyprus5012575718021295014231
55Romania911471574625613211956
56Kenya1291057013441941178950
57Kosovo1216090371512848315348
58Italy9897382611951128112221
59Chile57413963945186735453
60Mexico107931061051161120694333
61Bulgaria1134315166672597214261
62Saudi Arabia38281819803578651168
63India136272215425131156816352
64Ukraine6120128613745657463146
65Puerto Rico5914392161488163707010
66Brunei1654311441128901496659
67Colombia95898262111314813317732
68Oman324735521448811646997
69Uzbekistan8132367267376915222100
70Vietnam115252764259710910468122
71Jamaica67012085156112413611934
72Luxembourg76144593176972311893
73Indonesia1401103310648378111613938
74Costa Rica144782549151106680111137
75Jordan120138697841056275110112
76Peru13365885537451211028390
77Qatar108134911191573101115123
78Tunisia1932639410461108908869
79Greece11864015611937723414672
80Kyrgyzstan42901437151281178913478
81Mongolia100291525025257114375150
82Albania5316610798481111232512039
83Kuwait8268664511951616274115
84SOUTH AFRICA1399811410880135414510268
85Zambia117671291494721715513079
86Panama511005187258817659141113
87Botswana15944139828072595513784
88Malta86577315214451784841121
89Bhutan10391785394111153029168
90Bosnia and Herzegovina18417374966788141279337
91El Salvador148168877925140704612692
92San Marino929226102152162472081106
93Saint Lucia69385610716579849379131
94Nepal1351071359737791756015187
95Philippines1718532120132729511315265
96Guatemala9911846891515310482176157
97Togo1512799564812017413114088
98Samoa469471681191288215486140
99Sri Lanka856689138132281429616494
100Seychelles14710610465144143369812875
101Uruguay66151651198015310315010470
102Fiji1631029757165971017910198
103Tonga626995166481531029798138
104Namibia165847617380888813864127
105Trinidad and Tobago7912643158675716013417483
106Tajikistan36137163771112813914176153
107Vanuatu137163101843714767148138101
108Pakistan721121231511192816111115658
109Malawi153128171901179135127149134
110Côte d’Ivoire29152141112481201141639485
111Dominica71835717915279839195136
112Djibouti1238712111713210313314714444
113Antigua and Barbuda130117501241657914511236132
114Egypt9074771306757156171166104
115Dominica112801167411914315066133124
116Uganda1691131681358088921217799
117Palestine17314886912511411254123168
118Ghana116104791118072152158117161
119Bahamas94778118115288501618271
120Papua New Guinea1421221181274872118125173144
121Swaziland15596132104941627335172117
122Lesotho84165158114941471104099126
123Senegal601311191166711416614213296
124Brazil13817098133104611841085877
125Paraguay160751098013214312612872105
126Argentina1411551111231046117011997111
127Iran178731137010412814412390133
128Barbados1021531171181521369613217035
129Ecuador1771141007311911414710396160
130Saint Vincent and the Grenadines9351105168165791008161168
131Nigeria10555169183152815917973148
132Niger5618015911548120169126114114
133Honduras17015813810125120167130154143
134Guyana111167170128948812215192163
135Belize166123911371731576011413591
136Solomon Islands11017211215510413641160157145
137Cape Verde12150154691441708710952168
138Mozambique176611031361651471279416886
139Saint Kitts and Nevis109581101851651031257149168
140Zimbabwe1671401671096797146159169142
141Tanzania162149851466710516518271116
142Nicaragua1451761151601041701628487107
143Lebanon151164127110132114116153131151
144Cambodia1871781461292512813811818282
145Palau13212915347104188113139125166
146Grenada891309314715210514313780168
147Maldives7463149176144147119157124141
148Mali12413316114015212017395159102
149Benin6582178126152120171110162108
150Bolivia17513996148144136186100109103
151Burkina Faso8895183141152120154122165109
152Mauritania4910916610313214717714448168
153Marshall Islands83761401871041797976106167
154Laos18199144888017915778161168
155Gambia119145165143152170172115129128
156Guinea122116150122152162183167118118
157Algeria15212110216518117915817211381
158Micronesia17413612218710418511165184125
159Ethiopia16814213714217618913215667149
160Comoros158101136113132162168120179168
161Madagascar80182186164132140134140136135
162Suriname18211514515718115710787188139
163Sierra Leone5818118116916512893165108162
164Kiribati14916917215017313698135121168
165Myanmar7046148125181176129168187164
166Burundi44161184100176143140169158147
167Cameroon10415413317580157181186167129
168Bangladesh13113517618411972151176189154
169Gabon96141164171132170182170180130
170Sao Tome and Principe150111130172165179137124185168
171Sudan15712416295176153164185148152
172Iraq154103131121186111131181147168
173Afghanistan5218317318610414017817718176
174Guinea-Bissau161177182132152114155146171168
175Liberia7518517518010417676184175110
176Syria1431861601621769791178160158
177Angola146120156167185147106174186168
178Equatorial Guinea183162155163132162179175105168
179Haiti18917914718214418314985127168
180Congo179134179174132162185183155119
181East Timor68159126187173157136107190168
182Chad186174180131152170188173153155
183DR Congo54144177159152176180187178168
184CAR180184185170144162187164183155
185South Sudan1721711871771811857418084168
186Libya164186142187186183130129145168
187Yemen1561861878618616289188143159
188Venezuela190175174145132170189188150165
189Eritrea185186187178186185153188107168
190Somalia188186187153186190190166116168

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