Ease of doing business index for India
ICBUSEASEXQIND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for India measures the regulatory environment and business climate in the country, providing insights for policymakers and investors.
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 is an aggregate figure that evaluates a country's regulations, policies, and infrastructure that impact business operations. It is a key indicator of India's competitiveness and attractiveness for domestic and foreign investment.
Methodology
The index is calculated by the World Bank based on several sub-indicators, including starting a business, dealing with construction permits, getting electricity, and trading across borders.
Historical Context
This index is closely monitored by policymakers, economists, and international institutions to assess India's progress in creating a favorable business environment.
Key Facts
- India's Ease of Doing Business rank improved from 142 in 2014 to 63 in 2019.
- The index covers 10 areas of business regulation, including starting a business and getting construction permits.
- Higher index values indicate a more favorable environment for businesses to operate in India.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index measures the regulatory environment and business climate in India, evaluating factors such as starting a business, getting electricity, and trading across borders.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of India's competitiveness and attractiveness for domestic and foreign investment, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The index is calculated by the World Bank based on several sub-indicators related to business regulations and operations in India.
Q: How is this trend used in economic policy?
A: The Ease of Doing Business Index is closely monitored by policymakers and institutions to assess India's progress in creating a favorable business environment and guide policy decisions.
Q: Are there update delays or limitations?
A: The index is published annually by the World Bank, with a slight delay in data availability.
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Citation
U.S. Federal Reserve, Ease of doing business index for India (ICBUSEASEXQIND), retrieved from FRED.