Ease of doing business index for Bangladesh
ICBUSEASEXQBGD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Bangladesh measures the regulatory environment for starting and operating a local firm. It is an important indicator for evaluating the business climate and investment potential in the country.
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 is an aggregate measure compiled by the World Bank that gauges the ease of conducting commercial activities in different economies. It considers various regulatory factors that can impact business operations, such as starting a company, obtaining permits, accessing credit, and enforcing contracts.
Methodology
The index is calculated based on surveys and data collected from government agencies and private sector professionals.
Historical Context
Policymakers and investors use this index to assess a country's business friendliness and competitiveness.
Key Facts
- Bangladesh ranked 168 out of 190 countries in the 2020 Ease of Doing Business Index.
- The index ranges from 0 to 100, with higher values indicating a more favorable business environment.
- Regulatory reforms can improve a country's ease of doing business and attract foreign investment.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Bangladesh measures the regulatory environment for starting and operating a local firm in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for evaluating the business climate and investment potential in Bangladesh, providing insight for policymakers and investors.
Q: How is this data collected or calculated?
A: The index is calculated based on surveys and data collected from government agencies and private sector professionals.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this index to assess a country's business friendliness and competitiveness, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index is published annually by the World Bank, so there may be a delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Ease of doing business index for Bangladesh (ICBUSEASEXQBGD), retrieved from FRED.