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Economy > Entrepreneurship > Starting a Business > Index ranking: Countries Compared

DEFINITION: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Angola 155 2005
2 Chad 154 2005
3 Democratic Republic of the Congo 153 2005
4 West Bank 152 2005
5 Yemen 151 2005
6 Eritrea 150 2005
7 Haiti 149 2005
8 Togo 148 2005
9 Saudi Arabia 147 2005
10 Mauritania 146 2005
11 Guinea 145 2005
12 Indonesia 144 2005
13 Mali 143 2005
14 Niger 142 2005
15 East Timor 141 2005
16 Zimbabwe 140 2005
17 Mozambique 139 2005
18 Burkina Faso 138 2005
19 Cambodia 137 2005
20 Belarus 136 2005
21 Syria 135 2005
22 United Arab Emirates 134 2005
23 Cameroon 133 2005
24 Bolivia 132 2005
25 Ghana 131 2005
26 Cote d'Ivoire 130 2005
27 Honduras 129 2005
28 Congo, Republic of the 128 2005
29 El Salvador 127 2005
30 China 126 2005
31 Senegal 125 2005
32 Madagascar 124 2005
33 Bosnia and Herzegovina 123 2005
34 Ecuador 122 2005
Former French colonies average (profile) 121.26 2005
35 Greece 121 2005
36 Guatemala 120 2005
37 Jordan 119 2005
38 Paraguay 118 2005
39 Iraq 117 2005
40 Uruguay 116 2005
41 Egypt 115 2005
failed states average (profile) 113.69 2005
42 Tanzania 113 2005
43 Central African Republic 112 2005
OPEC countries average (profile) 111.44 2005
44 Lesotho 111 2005
45 Ukraine 110 2005
46 Algeria 109 2005
47 Albania 108 2005
48 Benin 107 2005
49 Peru 106 2005
50 Nigeria 105 2005
51 Portugal 104 2005
52 Croatia 103 2005
53 Laos 102 2005
54 Dominican Republic 101 2005
55 Uganda 100 2005
56 Lebanon 99 2005
57 Brazil 98 2005
58 South Korea 97 2005
59 Azerbaijan 96 2005
Middle Eastern and North Africa average (profile) 95.33 2005
60 Venezuela 95 2005
61 Ethiopia 94 2005
Former Spanish colonies average (profile) 93.83 2005
62 Kenya 93 2005
63 Poland 92 2005
64 Sao Tome and Principe 91 2005
65 India 90 2005
66 Philippines 89 2005
67 Burundi 88 2005
68 Kuwait 87 2005
69 Spain 86 2005
70 Argentina 85 2005
71 Mexico 84 2005
72 Costa Rica 83 2005
73 Vietnam 82 2005
74 Japan 81 2005
75 Bulgaria 80 2005
76 Taiwan 79 2005
Eastern Europe average (profile) 78.06 2005
77 Slovenia 78 2005
Religious countries average (profile) 77.57 2005
78 Czech Republic 77 2005
79 Namibia 76 2005
80 Federated States of Micronesia 75 2005
81 Botswana 74 2005
82 Colombia 73 2005
83 Hungary 72 2005
84 Samoa 71 2005
85 Malawi 70 2005
Emerging markets average (profile) 69.32 2005
86 Moldova 69 2005
87 Sudan 68 2005
88 Uzbekistan 67 2005
89 Bhutan 66 2005
East Asia and Pacific average (profile) 65.28 2005
90 Nicaragua 65 2005
91 Sierra Leone 64 2005
92 Guyana 63 2005
93 Kiribati 62 2005
94 Oman 61 2005
95 Papua New Guinea 60 2005
Former Soviet republics average (profile) 59.31 2005
96 Austria 59 2005
97 Rwanda 58 2005
98 Malaysia 57 2005
99 Vanuatu 56 2005
100 Georgia 55 2005
101 Iran 54 2005
102 Fiji 53 2005
NATO countries average (profile) 52.62 2005
South Asia average (profile) 52.4 2005
103 Bangladesh 52 2005
Eurozone average (profile) 51.67 2005
European Union average (profile) 51.52 2005
104 South Africa 51 2005
Non-religious countries average (profile) 50.08 2005
105 Morocco 50 2005
106 Mongolia 49 2005
107 Slovakia 48 2005
108 Germany 47 2005
109 Turkey 46 2005
110 Italy 45 2005
111 Zambia 44 2005
South and Central Asia average (profile) 43.64 2005
112 Estonia 43 2005
113 Netherlands 42 2005
High income OECD countries average (profile) 41.53 2005
114 Armenia 41 2005
115 Tunisia 40 2005
116 Palau 39 2005
117 Pakistan 38 2005
118 Lithuania 37 2005
119 Sri Lanka 36 2005
120 Serbia and Montenegro 35 2005
121 Belgium 34 2005
122 Kazakhstan 33 2005
123 Solomon Islands 32 2005
124 Russia 31 2005
125 Nepal 30 2005
126 Thailand 29 2005
Group of 7 countries (G7) average (profile) 28.43 2005
127 Switzerland 28 2005
128 Kyrgyzstan 27 2005
129 Latvia 26 2005
130 Maldives 25 2005
131 Mauritius 24 2005
132 Chile 23 2005
133 Marshall Islands 22 2005
134 Panama 21 2005
135 Sweden 20 2005
136 Norway 19 2005
137 Finland 18 2005
138 Tonga 17 2005
139 Afghanistan 16 2005
140 Denmark 15 2005
141 Iceland 14 2005
142 France 13 2005
143 Israel 12 2005
144 Ireland 11 2005
145 Jamaica 10 2005
146 United Kingdom 9 2005
147 Romania 8 2005
148 Puerto Rico 7 2005
149 Hong Kong 6 2005
150 Singapore 5 2005
151 New Zealand 4 2005
152 United States 3 2005
153 Australia 2 2005
154 Canada 1 2005

Citation

"Countries Compared by Economy > Entrepreneurship > Starting a Business > Index ranking. International Statistics at NationMaster.com", Doing Business, Economy Rankings, 2005. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Entrepreneurship/Starting-a-Business/Index-ranking

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