Tuesday, January 27, 2015

The Most Business-Friendly Countries

 According to a new World Bank ranking.

The 12th annual report is designed to measure "ease of business" by using quantitative indicators on business regulations that can be compared across 189 nations.

According to the report, those indicators include starting a business, dealing with construction permits, getting electricity, registering property, getting credit, trading across borders, enforcing contracts, and resolving insolvency.

Here are the Top 31

Here are the Bottom 31:

(via BI)


  1. Boy, those Africans sure can shoot themselves in the foot.

    1. Note the not so subtle correlation between business friendliness and crippling, third-world poverty.

      Uppity white people that like to meddle in the affairs of "poor" nations and do nonsense like missionary work, building water supplies and singing "Kumbaya," industrialization and private property rights do wonders to bring people up out of the mud.

  2. These rankings don't seem all that controversial, but I question the report's usefulness as a tool for anyone actually looking to set up or relocate a business in another country. In 2009, after pressure from the International Trade Union Confederation, the World Bank decided to stop using the Employing Workers Indicator in its analysis of the "business friendliness" of the various countries (see: http://www.ituc-csi.org/ituc-welcomes-world-bank-s?lang=en).

    So if you think things like the ease with which an employer can hire, employ and fire workers are important indicators of how business friendly a given country's government is - too bad. The ITUC doesn't agree, so the World Bank won't tell you about it. (Fortunately there's still the Fraser Institute and the Heritage Foundation.)