Ease of doing business score (0 = lowest performance to 100 = best performance)
This indicator serves as a vital metric for assessing an economy's regulatory environment, offering a comprehensive snapshot of its alignment with global best practices. By scoring economies on a scale from 0 to 100, it highlights their relative efficiency in facilitating business operations, attracting investment, and fostering entrepreneurship. A higher score indicates that an economy has implemented favorable regulations that simplify processes such as starting a business, obtaining permits, and enforcing contracts. Additionally, this score not only reflects the current economic climate but also reveals areas for improvement, thereby guiding policymakers in their efforts to create a more conducive environment for growth. Ultimately, it serves as a critical tool for investors and business leaders seeking to understand the competitive landscape across different regions. Source:
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Ease of doing business score (0 = lowest performance to 100 = best performance)