New Zealand holds 1st position in the ease of doing business ranking. It means New Zealand has the most favourable regulations for starting a business. Hence, one can say that it is easiest to start a business in New Zealand as per the Ease of Doing Business Ranking 2020. You can read about the Ease of Doing Business Report by the World Bank in the given link.
New Zealand had the highest score of 86.8 followed by Singapore at 86.2. India ranked 63rd position, with a score of 71. The other top 5 countries in ease of doing business rankings are Hong Kong, Denmark, South Korea.
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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