Ease of doing business index for Bosnia and Herzegovina
ICBUSEASEXQBIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Bosnia and Herzegovina measures the country's regulatory environment and its impact on business operations. This widely-used metric is closely monitored by economists, policymakers, and international organizations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Ease of Doing Business Index evaluates several aspects of the business climate, including the ease of starting a company, obtaining construction permits, accessing electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. This index provides valuable insights into Bosnia and Herzegovina's competitiveness and investment climate.
Methodology
The data is collected through surveys of local experts and verified through secondary sources by the World Bank Group.
Historical Context
Policymakers use this index to identify reform priorities and improve the overall business environment.
Key Facts
- Bosnia and Herzegovina ranked 90th out of 190 countries in the 2020 Ease of Doing Business Index.
- The index ranges from 0 to 100, with higher scores indicating a more favorable business environment.
- Bosnia and Herzegovina's score was 67.5 in 2020, up from 65.3 in 2019.
FAQs
Q: What does the Ease of Doing Business Index for Bosnia and Herzegovina measure?
A: The index measures the regulatory environment and its impact on business operations in Bosnia and Herzegovina, evaluating factors like starting a company, obtaining permits, accessing electricity, and more.
Q: Why is this trend relevant for users or analysts?
A: The Ease of Doing Business Index is a widely-used metric that provides valuable insights into Bosnia and Herzegovina's competitiveness and investment climate, which are of interest to policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local experts and verified through secondary sources by the World Bank Group.
Q: How is this trend used in economic policy?
A: Policymakers use this index to identify reform priorities and improve the overall business environment in Bosnia and Herzegovina, which can attract investment and foster economic growth.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index is published annually, so there may be a delay of up to a year in the most recent data.
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Citation
U.S. Federal Reserve, Ease of doing business index for Bosnia and Herzegovina (ICBUSEASEXQBIH), retrieved from FRED.