Ease of doing business index for Barbados
ICBUSEASEXQBRB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Barbados measures the country's regulatory environment and its impact on business operations. This metric is closely watched by policymakers and investors to assess Barbados' competitiveness for private enterprise.
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 various regulations that enhance or constrain business activity, such as starting a business, obtaining construction permits, and enforcing contracts. Barbados' ranking on this index is an important indicator of its economic health and investment climate.
Methodology
This index is calculated annually by the World Bank based on surveys and data analysis.
Historical Context
Governments use this index to identify policy reforms that could improve the business environment and attract foreign direct investment.
Key Facts
- Barbados ranked 93rd out of 190 countries in the 2020 Doing Business report.
- The index ranges from 0 (worst) to 100 (best), with Barbados scoring 62.8 in 2020.
- Barbados performed best in the 'Registering Property' indicator, ranking 75th globally.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Barbados measures the country's regulatory environment and how it impacts private business operations.
Q: Why is this trend relevant for users or analysts?
A: This index is closely watched by policymakers, investors, and analysts to assess Barbados' competitiveness for private enterprise and potential for economic growth.
Q: How is this data collected or calculated?
A: The index is calculated annually by the World Bank based on surveys and data analysis.
Q: How is this trend used in economic policy?
A: Governments use this index to identify policy reforms that could improve the business environment and attract foreign direct investment.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index for Barbados is published annually, with the latest data typically available within a few months of the end of the reference year.
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LABRBA475SCEN
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Value of Exports to Barbados from District of Columbia
DCBRBA052SCEN
Value of Exports to Barbados from South Carolina
SCBRBA052SCEN
Value of Exports to Barbados from South Dakota
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Citation
U.S. Federal Reserve, Ease of doing business index for Barbados (ICBUSEASEXQBRB), retrieved from FRED.