WORLD BANK: Cyprus ranks 64 in “Ease of Doing Business”

590 views
1 min read

Cyprus ranked 64 among the 189 countries surveyed for the 2015 World Bank`s "Ease of Doing Business" report released Wednesday, a drop by eight places from last year`s ranking.

The report measures the ease of doing business in 189 economies based on 11 business-related regulations, including business start-up, getting credit, getting electricity, and trading across borders.

The 12th annual report finds that the 10 economies with the most business-friendly regulatory environments are Singapore, New Zealand, Hong Kong SAR, China, Denmark, the Republic of Korea, Norway, the United States, the United Kingdom, Finland and Australia.

Cyprus ranks 148 in obtaining construction permits, 160 in getting electricity, 112 in registering property and 61 in getting credit.

View all

Latest from Cyprus