Ease of doing business index for the Islamic Republic of Iran
ICBUSEASEXQIRN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for the Islamic Republic of Iran measures the country's regulatory environment and its impact on business operations.
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
This index, compiled annually by the World Bank, assesses factors such as starting a business, obtaining construction permits, accessing electricity, registering property, and enforcing contracts. It is a key indicator for evaluating Iran's business climate and competitiveness.
Methodology
The data is collected through surveys of local experts and standardized case studies.
Historical Context
The index is widely referenced by investors, policymakers, and economists analyzing Iran's economic development and reform efforts.
Key Facts
- Iran's rank in the 2020 Ease of Doing Business Index was 127 out of 190 economies.
- The index ranges from 0 (worst) to 100 (best), with Iran scoring 54.9 in 2020.
- Iran has undertaken several reforms in recent years to improve its business environment.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index measures the regulatory environment and its impact on business operations in the Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator for evaluating Iran's business climate and competitiveness, which is of interest to investors, policymakers, and economists analyzing the country's economic development and reform efforts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local experts and standardized case studies.
Q: How is this trend used in economic policy?
A: The Ease of Doing Business Index is widely referenced by investors, policymakers, and economists analyzing Iran's economic development and reform efforts.
Q: Are there update delays or limitations?
A: The index is published annually, and there may be delays in data availability or limitations in the scope of the survey.
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Citation
U.S. Federal Reserve, Ease of doing business index for the Islamic Republic of Iran (ICBUSEASEXQIRN), retrieved from FRED.