Ease of doing business index for Hong Kong SAR, China
ICBUSEASEXQHKG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Hong Kong SAR, China measures the regulatory environment and its impact on local businesses. It is a key indicator of a location's 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 economies based on their business regulation and enforcement, providing a measure of a location's overall business climate. It is widely used by policymakers, investors, and analysts to assess economic conditions and growth potential.
Methodology
The index is calculated by the World Bank based on surveys and publicly available data.
Historical Context
The index is a valuable tool for understanding the policy and regulatory landscape for businesses in Hong Kong.
Key Facts
- Hong Kong consistently ranks among the top economies globally for ease of doing business.
- The index covers areas such as starting a business, getting credit, and trading across borders.
- A higher index score indicates a more favorable regulatory environment for local firms.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index measures the regulatory environment and its impact on local businesses in Hong Kong SAR, China.
Q: Why is this trend relevant for users or analysts?
A: The index is a widely-used indicator of a location's competitiveness and attractiveness for investment, making it relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The index is calculated by the World Bank based on surveys and publicly available data.
Q: How is this trend used in economic policy?
A: The Ease of Doing Business Index is used by policymakers to understand the regulatory landscape and identify areas for improvement to foster a more business-friendly environment.
Q: Are there update delays or limitations?
A: The index is updated annually, and there may be some lags in data availability.
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Citation
U.S. Federal Reserve, Ease of doing business index for Hong Kong SAR, China (ICBUSEASEXQHKG), retrieved from FRED.