Ease Of Doing Business India 2018 | India has jumped to rank 77 in World banks list of top countries with ease of doing business . India jumped 23 position from last years report where she was positioned at 100.
Ease of Doing Business 2019 report is topped by New Zealand followed by Singapore, Denmark, Hong Kong, Korean Republic, Georgia, Norway, United states, United Kingdom and Macedonia. Governments around the world set a new record, implementing 314 business reforms over the past year, compared to 290 reforms implemented in the previous year.
In Asian countries, Hongkong topped the list followed by South Korea and UAE. United Arab Emirates topped the list of MENA region with a standing of 11, improved 10 position from last years 21. Major Asian players topping the list are Taiwan at 13 and Malaysia at 15 . Here are the top twenties.
Top 20 Countries
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Position
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Country
|
|
1
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New Zealand
|
|
2
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Singapore
|
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3
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Denmark
|
|
4
|
Hong Kong SAR, China
|
|
5
|
Korea, Rep.
|
|
6
|
Georgia
|
|
7
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Norway
|
|
8
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United States
|
|
9
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United Kingdom
|
|
10
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Macedonia, FYR
|
|
11
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United Arab Emirates
|
|
12
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Sweden
|
|
13
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Taiwan, China
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|
14
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Lithuania
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|
15
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Malaysia
|
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16
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Estonia
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17
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Finland
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|
18
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Australia
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|
19
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Latvia
|
|
20
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Mauritius
|
The World Bank report ranks economies on the basis of ease of doing business from 1—190. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.The rankings are determined by sorting the aggregate scores on 10 topics. Each consisting of several indicators and given equal weight to each topic.The topics are
- Starting a Business
- Dealing with Construction Permits
- Getting Electricity
- Registering Property
- Getting Credit
- Protecting Minority Investors
- Paying Taxes
- Trading across Borders
- Enforcing Contracts
- Resolving Insolvency
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