Scale of 0 to 100 is used to indicate the ease of doing business ranking. 100 indicates the best performance. However, a score of 80 indicates that the economy of the country is improving. You can read about the Ease of Doing Business Report by the World Bank in the given link.
In the 2020 Ease of Doing Business Rankings, the top 21 nations had a score of more than 80 on a scale of 0 to 100. New Zealand had the highest score of 86.8 followed by Singapore at 86.2. India ranked 63rd position, with a score of 71.
Further readings:
- Highlights of Economic Survey 2021
- List of Reports Published by International Organizations (UPSC GS-II)
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Related Links |
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Sustainable Development Goals (2012) – 17 Goals, 169 Targets [UPSC Notes] |
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Global Competitiveness Report – Published by the World Economic Forum (WEF) |
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