Ease of doing business index for Turkey
ICBUSEASEXQTUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Turkey measures the country's regulatory environment and its impact on business operations. This metric is a key indicator for policymakers and investors assessing the business 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 evaluates regulations affecting 11 areas of the life cycle of a business, including starting a business, getting electricity, and enforcing contracts. A higher index score indicates a more favorable regulatory environment for entrepreneurship and economic growth.
Methodology
The index is calculated annually by the World Bank based on surveys and data collection from experts and officials.
Historical Context
The Ease of Doing Business Index informs policy decisions and is closely watched by global investors evaluating market opportunities.
Key Facts
- Turkey ranked 33rd out of 190 economies in the 2020 Ease of Doing Business Index.
- The index has been published annually by the World Bank since 2003.
- A higher Ease of Doing Business score indicates a more business-friendly regulatory environment.
FAQs
Q: What does the Ease of Doing Business Index for Turkey measure?
A: The index measures the regulatory environment and its impact on business operations in Turkey, evaluating factors like starting a business, getting electricity, and enforcing contracts.
Q: Why is the Ease of Doing Business Index relevant for users or analysts?
A: The index is a key indicator for policymakers and investors evaluating the business climate and opportunities for entrepreneurship and economic growth in Turkey.
Q: How is the Ease of Doing Business data collected or calculated?
A: The index is calculated annually by the World Bank based on surveys and data collection from experts and officials.
Q: How is the Ease of Doing Business Index used in economic policy?
A: The index informs policy decisions and is closely watched by global investors evaluating market opportunities in Turkey.
Q: Are there any update delays or limitations for the Ease of Doing Business Index?
A: The index is published annually, so there may be a delay in reflecting the most recent regulatory changes in Turkey.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Turkiye
TURCP090000IXOBM
International Merchandise Trade Statistics: Exports: Commodities for Turkiye
XTEXVA01TRQ657S
Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye
TURBCBUTE02STSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Turkiye
LRAC25FETRQ156S
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Turkey
IR3TIB01TRM156N
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Turkey
CPGREN01TRM657N
Citation
U.S. Federal Reserve, Ease of doing business index for Turkey (ICBUSEASEXQTUR), retrieved from FRED.