How is the Ease of Doing Business Index calculated?

The Ease of Doing Business Index is calculated by the World Bank Group. It measures the ease of doing business in a particular country by assessing various factors that affect the business environment. The index is based on quantitative indicators that are divided into different categories, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

To calculate the index, the World Bank collects data from various sources, including government agencies, business regulatory agencies, and private sector professionals. The data is then standardized and converted into scores for each indicator. These scores are aggregated to calculate the overall Ease of Doing Business Index score for a country.

The index is designed to provide a comparative analysis of the business regulatory environment across different countries. It helps policymakers, investors, and businesses to identify areas where reforms are needed to improve the ease of doing business. The index also serves as a benchmark for countries to measure their progress in enhancing their business environment and attracting investments.