The Ease of Doing Business Index

The Ease of Doing Business Index is a ranking that measures how easy it is to start and operate a business in various countries. It evaluates factors such as the time it takes to register a business, obtain permits, and access credit. Higher rankings indicate a more favorable business environment, attracting investment and encouraging entrepreneurship. The index helps policymakers identify areas for improvement and informs businesses about the regulatory landscape in different economies. It aims to promote economic growth by making it easier to do business, thereby fostering development and job creation.