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doingbusiness

Chart: It's Never Been Faster to Start A Business

Tariq Khokhar's picture

Over the last 15 years, the Doing Business project has recorded nearly 3,200 reforms in 186 economies around the world. The area that's seen the greatest number of reforms is starting a business. Today, the time taken to start a new small or medium business has less than halved to an average of 20 days worldwide, compared with 52 in 2003. Read more in Doing Business 2018

Chart: 137 Economies Implemented 283 Business Reforms Last Year

Tariq Khokhar's picture

Doing Business 2017 finds that 137 economies worldwide implemented 283 business regulatory reforms last year. This represents an increase of more than 20% over the previous year. Areas of reform include starting a business, paying taxes, getting credit and registering property. Notably, 54 IDA countries implemented 113 reforms.

Chart: Where is Gender Discrimination in Business Regulated?

Tariq Khokhar's picture

60% of economies do not have laws mandating gender nondiscrimination in hiring and equal remuneration. Such laws are more common in OECD high-income economies, followed by economies in Europe and Central Asia. Gender equality can make institutions more representative, improve social cohesion and increase productivity.