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Iran rises in World Bank Doing Business rankings

Source: Tehran Times

Iran has risen two positions in the new Doing Business rankings of the World Bank, to 130th place. The WB rating assesses the comfort of doing business in 189 countries around the world.

Doing Business 2015 Going Beyond Efficiency

The Doing Business 2015 report updates all indicators as of June 1, 2014, ranks economies on their overall ease of doing business, and analyzes reforms to business regulation - identifying which economies are strengthening their business environment the most.

Doing Business illustrates how reforms in business regulations are being used to analyze economic outcomes for domestic entrepreneurs and for the wider economy.

Doing Business rankings of the World Bank for 2009-2013
Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
(see interactive map)

Iran is in 62nd place for starting a business, 172nd place for obtaining a construction permit, and 89th place for acquiring credit.

Singapore remained the country where launching a business is the easiest in the world, according to the report. New Zealand has risen to second place, above Hong Kong, in that category.

In 2016, new indicators will be added to the assessment processes.

... Payvand News - 10/30/14 ... --

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