Ease of doing business index for the Republic of Cote d'Ivoire
ICBUSEASEXQCIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index measures the regulatory environment for businesses in the Republic of Cote d'Ivoire. It is a key indicator for evaluating the country's economic competitiveness and attractiveness for investment.
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 ranks countries based on their regulatory environment and how conducive it is for starting and operating a local firm. It is widely used by policymakers, investors, and economists to assess a country's business climate and identify areas for reform.
Methodology
The index is calculated by the World Bank based on surveys and data collection across multiple indicators related to business regulations.
Historical Context
The Ease of Doing Business Index is an important tool for informing economic policies and monitoring progress on business environment reforms in Cote d'Ivoire.
Key Facts
- Cote d'Ivoire ranked 110th out of 190 countries in the 2020 Ease of Doing Business Index.
- The index measures 10 indicators, including starting a business, getting electricity, and enforcing contracts.
- Improving the business environment is a key priority for the Ivorian government's economic development strategy.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index measures the regulatory environment for businesses in the Republic of Cote d'Ivoire, assessing factors like starting a company, getting permits, and enforcing contracts.
Q: Why is this trend relevant for users or analysts?
A: The index is a widely used indicator of a country's economic competitiveness and attractiveness for investment, making it relevant for policymakers, investors, and economists analyzing the business climate in Cote d'Ivoire.
Q: How is this data collected or calculated?
A: The index is calculated by the World Bank based on surveys and data collection across multiple indicators related to business regulations.
Q: How is this trend used in economic policy?
A: The Ease of Doing Business Index is an important tool for informing economic policies and monitoring progress on business environment reforms in Cote d'Ivoire.
Q: Are there update delays or limitations?
A: The index is published annually by the World Bank, so there may be a delay of several months between the reference period and the release of the latest data.
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Citation
U.S. Federal Reserve, Ease of doing business index for the Republic of Cote d'Ivoire (ICBUSEASEXQCIV), retrieved from FRED.