“As a place to do business,” writes Vincent Boland in the Financial Times, Italy, according to the World Bank Doing Business Rankings, “comes 78th, between Panama and the Pacific Island of Kiribati.” Mediocrity may be embarrassing for the world’s seventh largest economy, but from the perspective of Kiribati, one of the world’s smallest economies, it’s a glass just waiting to be half-filled.
So how did the USA – the world’s largest economy – rank compared to the best and worst out of 183 countries studied?
|
Categories |
USA |
Best |
Worst |
|
Ease of Doing Business |
4 |
Singapore |
Central African Republic |
|
Starting a Business |
8 |
New Zealand |
Guinea-Bissau |
|
Dealing with Construction Permits |
25 |
Hong Kong |
Eritrea |
|
Employing Workers |
1 |
|
Bolivia |
|
Registering Property |
12 |
Saudi Arabia |
Multiple* |
|
Getting Credit |
4 |
Malaysia |
Palau |
|
Protecting Investors |
5 |
New Zealand |
Afghanistan |
|
Paying Taxes |
61 |
Maldives |
Belarus |
|
Trading Across Borders |
18 |
Singapore |
Afghanistan |
|
Enforcing Contracts |
8 |
Luxembourg |
Timor Leste |
|
Closing a Business |
15 |
Japan |
Multiple** |
*Brunai, Maldives, Marshall Islands, Micronesia, Timor-Leste
**Afghanistan, Albania, Bhutan, Borundi, Cape Verde, Cambodia, Central African Republic, Chad, Comoros, Dominica, Equatorial Guinea, Eritrea, Grenada, Guinea-Bissau, Iraq, Kiribati, Lao PDR, Mozambique, St. Kitts and Nevis, St. Vincent and the Grenadines, Sudan, Timor-Leste, Trinidad and Tobago, West Bank and Gaza.
