Business

Ease of Doing Business in Maldives goes down by 1 rank

In an annual research conducted by the World Bank, the level of ease of doing business in Maldives has gone down yet again.

According to the Ease of Doing Business Index report 2017, the Maldives has gone down by 1 rank onto number 136 from last year’s 135.

Ease of Doing Business Index judges the business sector of the country in 10 different categories. There have been some changes in the categories.

CategoryCurrent Rank Ranks Gained or Lost  
Starting a business68-3
Dealing with construction permits54+8
Getting electricity143+2
Registering property174-3
Getting credit133No change
Protecting investors132-9
Paying taxes118+16
Trading across borders152-5
Enforcing contracts106-1
Resolving insolvency139-4

Here are the rankings for the past couple of years

YearRank
201069
201171
201287
201385
201479
201595
2016129
2017135
2018136

The top of the rank has been maintained by New Zealand, followed by Singapore at 2, Denmark at number 3, Korea, Rep at number 4 and Hong Kong SAR, China at number 5.

 

Full details are available from the link below:

Subscribe
Notify of
guest
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x