Ease of doing business index for the Syrian Arab Republic
ICBUSEASEXQSYR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
176.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for the Syrian Arab Republic measures the country's regulatory environment and its impact on business operations. This indicator is important for policymakers and investors to assess the overall business climate and competitiveness of the Syrian economy.
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 evaluates a country's regulations and policies that affect business activity, including starting a business, obtaining construction permits, getting electricity, registering property, accessing credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The index provides a comprehensive view of the business climate in the Syrian Arab Republic.
Methodology
The data is collected through surveys of local experts and government officials to assess the regulatory environment.
Historical Context
The Ease of Doing Business Index is used by policymakers, investors, and development organizations to inform economic policies and investment decisions.
Key Facts
- Syria's Ease of Doing Business Index score was 46.4 in 2020.
- Syria ranked 157th out of 190 countries in the 2020 Ease of Doing Business report.
- The index measures 10 areas of business regulation in Syria.
FAQs
Q: What does the Ease of Doing Business Index for the Syrian Arab Republic measure?
A: The Ease of Doing Business Index measures the regulatory environment and its impact on business operations in Syria, including factors like starting a business, obtaining permits, and trading across borders.
Q: Why is the Ease of Doing Business Index relevant for users or analysts?
A: The index provides a comprehensive assessment of the business climate in Syria, which is important for policymakers, investors, and development organizations to inform economic policies and investment decisions.
Q: How is the Ease of Doing Business data collected or calculated?
A: The data is collected through surveys of local experts and government officials to assess the regulatory environment in Syria.
Q: How is the Ease of Doing Business Index used in economic policy?
A: The index is used by policymakers, investors, and development organizations to evaluate the competitiveness of the Syrian economy and inform decisions about economic policies and investment.
Q: Are there any update delays or limitations to the Ease of Doing Business data?
A: The Ease of Doing Business Index is published annually, so there may be a delay in the most recent data being available. The index also has limitations in fully capturing the nuances of the business environment in Syria.
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Citation
U.S. Federal Reserve, Ease of doing business index for the Syrian Arab Republic (ICBUSEASEXQSYR), retrieved from FRED.