Ease of doing business index for Comoros
ICBUSEASEXQCOM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Comoros measures the regulatory environment and its effects on the ease of starting and operating a local business in the country. This metric is closely monitored by economists and policymakers interested in Comoros' economic development and competitiveness.
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 assesses key factors that affect the business climate, such as the time and cost of complying with government regulations, access to credit, and the quality of legal and administrative institutions. It provides a comprehensive snapshot of the operating environment for private enterprises in Comoros.
Methodology
The data is collected through surveys of local experts and verified against relevant laws and regulations.
Historical Context
The index is widely used by governments, investors, and international organizations to evaluate Comoros' progress in improving the conditions for entrepreneurship and private sector growth.
Key Facts
- Comoros ranked 154th out of 190 countries in the 2020 Ease of Doing Business Index.
- Starting a business in Comoros requires an average of 15 procedures and takes over 30 days.
- Comoros scores relatively low on indicators like getting electricity, registering property, and enforcing contracts.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Comoros measures the country's regulatory environment and its effects on the ease of starting and operating a local business.
Q: Why is this trend relevant for users or analysts?
A: This index is closely monitored by economists and policymakers interested in Comoros' economic development and competitiveness, as it provides a comprehensive snapshot of the operating environment for private enterprises in the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local experts and verified against relevant laws and regulations.
Q: How is this trend used in economic policy?
A: The index is widely used by governments, investors, and international organizations to evaluate Comoros' progress in improving the conditions for entrepreneurship and private sector growth.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index for Comoros is published annually, and there may be delays in data availability or limitations in the breadth of indicators covered.
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Citation
U.S. Federal Reserve, Ease of doing business index for Comoros (ICBUSEASEXQCOM), retrieved from FRED.