Ease of doing business index for Nicaragua
ICBUSEASEXQNIC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Nicaragua measures the regulatory environment and its impact on local businesses. It is a key indicator for economists and policymakers assessing the country's economic competitiveness and investment climate.
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 various factors that impact the ease of operating a local business, including regulations, procedures, and infrastructure. It provides insights into the overall business environment and helps identify areas for reform.
Methodology
The index is calculated annually by the World Bank based on surveys and data collection from businesses in each country.
Historical Context
The index is widely used by investors, companies, and governments to gauge a country's economic attractiveness and competitiveness.
Key Facts
- Nicaragua's Ease of Doing Business Index score was 59.1 in 2020.
- The index ranks countries on a scale of 0 to 100, with 100 being the most business-friendly.
- Nicaragua's ranking improved from 131st in 2019 to 125th out of 190 economies in 2020.
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 Nicaragua. It assesses factors like regulations, procedures, and infrastructure that affect the ease of operating a company in the country.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator for economists, policymakers, and investors to assess Nicaragua's economic competitiveness and attractiveness for business. It provides insights into the overall business environment and helps identify areas for reform.
Q: How is this data collected or calculated?
A: The index is calculated annually by the World Bank based on surveys and data collection from businesses in each country.
Q: How is this trend used in economic policy?
A: The Ease of Doing Business Index is widely used by investors, companies, and governments to gauge a country's economic attractiveness and competitiveness. It informs policy decisions and reforms aimed at improving the business environment.
Q: Are there update delays or limitations?
A: The index is published annually, so there may be a delay of several months between the end of the measurement period and the release of the data.
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Citation
U.S. Federal Reserve, Ease of doing business index for Nicaragua (ICBUSEASEXQNIC), retrieved from FRED.