home Cities and countries Best Countries for Doing Business, World Bank Ranking

Best Countries for Doing Business, World Bank Ranking

World Bank experts named the best countries where it is easiest for entrepreneurs to do business. Places in the rating are arranged according to the degree of convenience for doing business - for example, in such a country a company will be quickly registered, reporting can be done without unnecessary bureaucratic red tape, and the legislation is clear, transparent and friendly to the entrepreneur. The World Bank analyzed the work of 130,000 entrepreneurs from 139 countries. Top countries to do business ranked on 10 points, each of which was calculated according to several indicators; the lower the score, the more convenience the entrepreneur has.

Russia is in the first quarter of the list - in 40th place. The hardest thing in Russia to get the right to build - 115th place, and the easiest - to register property (9th place).

Ranking of countries for doing business

CountryRatingStarting a businessProperty registrationBuilding permitElectrificationGetting loansInvestor protectionPayment of taxesCross-border tradeSecuring contractsLiquidation
New Zealand1111341111551334
Singapore26191010201841229
Denmark32412614321971248
Hong Kong4361532033422128
Korea511393114413233214
Norway621144312759262246
United Kingdom71647171720610283113
USA8513639362413635205
Sweden91510256751928182219
Macedonia10448112916139273632
Taiwan11191732622230681422
Estonia12146938325321171142
Finland132820401844701333301
Latvia142223234274215252344
Australia157452415632591321
Georgia168383977225416106
Germany171147912532534838173
Ireland181041383332135479017
Austria1911130492062324211020
Iceland203415709622229663214
Lithuania21292165532512719666
Canada222435710877174611215
Malaysia231124013820361604246
Poland2410738464620424715527
Portugal253227355010170381197
UAE26531144101918525104
Czech2781311301332535316826
Netherlands282229874582702017111
France2927100202582326311824
Slovenia3049348016133924111912
Switzerland3171166876210618373945
Spain3285501137862323712918
Slovakia336871035344875618235
Japan348949601582537049482
Kazakhstan354518227575360119937
Romania366257951347535012649
Belarus3731528241014299302769
Armenia389138176205388482878
Bulgaria39826048104321383214948
Russia40269115304453451401251
Hungary417528691212081771863
Belgium42171314460101636615210
Croatia439562128687527491754
Moldova44442116573324231346260
Cyprus455391125636227344513916
Thailand46786842378227109565123
Mexico47931018398553114614030
Serbia4747563692447078236147
Mauritius49489833110443245743439
Italy506324865110142126110825
Montenegro5158789316774257434140
Israel5241126717144996598931
Colombia536153347421313912117433
Peru541033751621653105866379
Puerto Rico55511531316578713562979
Rwanda56764158117210259879573
Chile57595826648232120655655
Albania58461061061564419972411643
Luxembourg5967887321701231611582
Kosovo6013331291142063435144163
Greece615614158528242642913352
Costa Rica6212552532771656271125107
Bahrain637325197210110648211088
Mongolia643646291376226351038591
Azerbaijan655221271051183240834486
Oman663235526913311812676094
Jamaica671212375101166311613111738
Morocco684087185710187416357131
Turkey6979541025882221287033126
Panama7043847323207017053145133
Botswana7115370501257581555113264
Brunei Darussalam7284134372162102891429357
Butane739451975482114192647169
South Africa741311059911162225113911350
Kyrgyzstan7530832163324214879141130
Malta7613214782771393233405884
Tunisia77103925940101118106927658
China7812742177976212313196553
San marino7998807211181162142078110
Ukraine80206314013020708411581150
Bosnia and Herzegovina81174991701234481133366441
Vietnam8212159249632871679369125
Qatar83912621441391831128120116
Vanuatu831268113481201065414513093
Tonga85551581467441238010092132
Saint Lucia8666104545615787658171114
Uzbekistan8725751478344701381653877
Guatemala88119748919161739377173149
Samou8937649659157637114167134
Uruguay9060110163436212311314611161
Indonesia9115111811649627010410816676
Kenya9211612115210632871251058792
Seychelles9313766146140118106328412962
Saudi Arabia94147321528826369158105169
Salvador9512971156109441581664410480
Trinidad and Tobago966915014931445314512316870
Fiji971595510182157106110758690
Zambia981051457815320875816113583
Philippines9917111285221181371159513656
Lesotho10011710817115082106913994121
Dominica101641649061139701118079128
Kuwait1021736714411511881615766108
Dominican Republic10311582451481018712958131160
Solomon islands1049715263808210639151153138
Honduras10514885841447132152109151139
Paraguay106143765610210113715311674102
Nepal10710972123131139631426915289
Ghana108110771171204487122154114155
Namibia108170174671246281741279897
Sri Lanka110741558886118421589016375
Swaziland1111541179115782132763117595
Belize112158126100791671184410113481
Antigua and Barbuda113124150107351578716011035124
Ecuador1141666976951011181379796157
Uganda115165116151161441067513664111
Argentina1161571141739182511781115098
Barbados117101130161931331658512516736
Jordan11810696109481851657950124142
Papua New Guinea119130119126103328794164170137
Iran12010286279410116510017070156
Bahamas121118166110116139118951527559
Egypt12239109648882114162168162109
Brazil12317512817247101321811493767
Guyana12499122148129828713613591154
Saint Vincent and the Grenadines12583165558515787988853169
Lebanon12613910313512211814567134127143
Nicaragua127128146168991011451767383103
Tajikistan12885971621731182714014454144
Cape Verde129100731081421181628611343169
India130155138185264413172143172136
Cambodia131180120183136711412410217872
Tanzania132135132136874414515418059100
Malawi1331509565169101132102118148162
Saint Kitts and Nevis1349218441901571021437246169
Maldives1356517262145133123134147105135
Palau136120449813882179118163126166
Mozambique1371341073016815713211210618565
Grenada138771371056613912313212676169
Lndr13916065471557516514612088169
West Bank and Gaza140169931577011815810199122169
Mali1411081351421521391451448915699
Cote d'Ivoire1425011318213213914517515010168
Marshall Islands143701877912682175826499167
Pakistan144141169150170822715617215785
Gambia145168124122154118165171112107117
Burkina Faso1467213661181139145150104161112
Senegal14790142139162139137174130144101
Sierra Leone148871631321761578787169100148
Bolivia149177139152991331371869812896
Niger15088125179166139145165132150105
Micronesia1511671871431077518510857183119
Kiribati15214014411916416712373124118169
Comoros1531619092135118145168107179169
Togo15412318318014713914516911714587
Benin1555717374174139145173133169115
Algeria1561421627711817517315517810274
Burundi1571894169183175137123160149141
Suriname1581851761128417516510378187129
Ethiopia1591791331761271701759016780120
Mauritania1608010211814615712318813783169
Zimbabwe16118311118116582102164148165145
Sao Tome and Principe16235161121119185183127122181158
Guinea163133140164160139145184162115113
Gabon164152175167158118158161166177123
Iraq16516411510413318112352179138169
Cameroon16614917714189133137180186160122
Madagascar167113159184185170114117129158127
Sudan16815689145113170187141184147153
Nigeria1691381821741804432182181139140
Myanmar17014614366149175179119159188164
Djibouti17117216812017218117810615518471
Guinea-Bissau172176149155182139137149153164169
Syrian Arab Republic1731361541871511708781176159161
Liberia1743717917517710117972185176168
Timor-Leste1751451871591121677013094190169
Bangladesh17612218513818715770151173189151
Congo177178171124178118145183182155117
Equatorial Guinea178187160160143118137179174103169
Yemen179161839418818513292189142152
Chad180182157133179139158189171154146
Haiti18118818016613917518815976123169
Angola18214417011117118181157183186169
Afghanistan18342186186159101189163175180159
Congo18496156114175139162177188171169
Central African Republic185190167154184139145187138182146
South Sudan1861811811781881751796817773169
Venezuela187189129137186118175185187137165
Libya188163187187128185185121114143169
Eritrea189186178187141185165147189121169
Somalia190184148187188185190190156109169

10. Macedonia

Reliable offshore zones appeared in Macedonia only a couple of years ago, but the country's government is trying to make life as easy as possible for entrepreneurs. 5 out of 10 indicators scored from 4 to 16 points, and the rest of the Macedonians still have to work on. Especially over the registration of real estate - it is quite difficult in Macedonia and received 48 points.

9.Sweden

In general, the picture in Sweden looks rather favorable for the entrepreneur - all indicators are, if not in the top ten. then exactly in the second. Only a very low opportunity to get a loan stands out from the overall prosperous picture - it scored 75 points.

8. USA

The USA is a country of contrasts. If there you can easily get a loan (2 points) and declare yourself bankrupt (5 points), but getting a building permit will require much more time and effort - this indicator has 39 points. The American tax legislation, the provision of production or office with electricity and communications, as well as the registration of property are also not encouraging - all these indicators scored 36 points. The most difficult thing is to start your own business in the USA - numerous obstacles on the way of entrepreneurs scored 51 points from the experts.

7.UK

All aspects of entrepreneurial activity in the UK received approximately the same number of points - from 6 to 31. Against the general background, only real estate registration stands out, which in England costs entrepreneurs with sweat, blood and tears; not without reason she received 47 points. And in the future, this figure seems to only get worse.

6. Norway

Indicators in most developed country - Norway generally favorable and, as a rule, ranked in the first or second ten. Here it is enough to simply provide an office or production with electricity and communications (12 points), register a property (14 points), and the protection of minority investors in general received only 9 points. But for those businessmen who want to get a loan, Norway will have a hard time - this point scored 75 points. However, judging by the dynamics of development, Norway will try to compensate for this shortcoming in the near future.

5. South Korea

South Korea's performance shows a contradictory picture - some aspects of entrepreneurial activity here are very simple and go from 1 to 5, and some are very complex. It is difficult in Korea for those who want to obtain a building permit (31 points), register a property (39 points) and get a loan (44 points). And it is not so easy to pay taxes - this indicator received 23 points.

4. Hong Kong

Most of Hong Kong's indicators are in the top ten - it is very easy to start your own business, get a building permit, provide the company with electricity and communications and pay taxes - all these indicators are in the top five. Only real estate registration makes life difficult for Hong Kong and foreign entrepreneurs - it is extremely unfriendly to businessmen and received 61 points.

3. Denmark

One of the most prosperous European countries is very convenient for doing business. The most difficult thing in Denmark to get a loan - this indicator received a rather low score of 32, although it is much lower than that of other Scandinavian countries in the top 10. Apparently, the harsh descendants of the Vikings are reluctant to share their wealth, even at interest. And the rest of the indicators are located, if not in the first ten, then certainly in the second.

2. Singapore

This is an offshore zone where everything is subject to attracting more and more new entrepreneurs. The general indicators of Singapore are rather small, most of them scored from 1 to 10 points, but there are exceptions - for example, the degree of convenience of declaring a company insolvent was estimated at 29 points.

1. New Zealand

And the first place in the ranking of the best states for doing business went to a small country with a population of only 4.5 million citizens. According to the authors of the rating, paying taxes in New Zealand is as easy as buying a carton of milk. It is easiest to organize your business here - in half of the indicators, the country of kiwi and Maori takes the honorable first place. However, this cloudless paradise for businessmen has its drawbacks - for example, the convenience of organizing international trade. This indicator is the lowest in New Zealand and is in 55th place.

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