World Bank recently published a new report regarding the easiest country to do business in the world for 2012.
The countries are ranked on their ease of doing business, from scale 1 – 183. A high ranking on the ease of doing business index means the regulatory environment is more conducive to start and operate a local firm.
These index averages the country’s percentile rankings on 9 topics, made up of a variety of indicators, giving equal weight to each topic.
Malaysia is at position 18th up to 3 positions from 21st in 2011. The top 3 countries namely Singapore, Hong Kong and New Zealand manage to retain its position as per 2011 rankings.
The table below is the rank of the top 30 countries.
Country | Ease of Doing Business Rank |
---|---|
Singapore | 1 |
Hong Kong SAR, China | 2 |
New Zealand | 3 |
United States | 4 |
Denmark | 5 |
Norway | 6 |
United Kingdom | 7 |
Korea, Rep. | 8 |
Iceland | 9 |
Ireland | 10 |
Finland | 11 |
Saudi Arabia | 12 |
Canada | 13 |
Sweden | 14 |
Australia | 15 |
Georgia | 16 |
Thailand | 17 |
Malaysia | 18 |
Germany | 19 |
Japan | 20 |
Latvia | 21 |
Macedonia, FYR | 22 |
Mauritius | 23 |
Estonia | 24 |
Taiwan, China | 25 |
Switzerland | 26 |
Lithuania | 27 |
Belgium | 28 |
France | 29 |
Portugal | 30 |
For more detail information on the ranking kindly proceed to World Bank Ease of Doing Business webpage.