Saturday, November 4, 2017

Doing Business in Somalia

The World Bank has just released its annual Doing Business 2018 report. It evaluated 190 countries. Somalia ranked dead last at 190, its score down slightly compared to the 2017 report.

The World Bank ranking takes into account the following eleven factors: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation.