Rankings & Indices > The Doing Business Index (DBI)
The Doing Business Index (DBI) is an annual report published by the World Bank that measures the ease of doing business in 190 countries around the world. The report assesses the regulatory environment for starting and operating a business in each country, based on a range of indicators such as the time and cost involved in registering a company, obtaining permits, paying taxes, and enforcing contracts.
The importance of the DBI lies in its ability to provide a benchmark for countries to assess their business regulatory environment and identify areas for improvement. It also provides investors with valuable information on the ease of doing business in different economies, helping them to make informed decisions about where to invest their capital. Additionally, the DBI can affect a country's competitiveness rank by highlighting the areas where it needs to improve its business regulatory environment in order to attract more investment and stimulate economic growth. This information can help policymakers and business leaders to develop strategies to enhance the country's competitiveness and attract more investment.
Overall, the DBI is a widely recognized and respected tool for assessing the ease of doing business in different countries, and it has a significant impact on how countries are perceived by investors, policymakers, and other stakeholders.