Ease of doing business index for Estonia

ICBUSEASEXQEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.00

Year-over-Year Change

0.00%

Date Range

1/1/2019 - 1/1/2019

Summary

The Ease of Doing Business Index for Estonia measures the overall business climate and regulatory environment for companies operating in the country. It is a key indicator used by economists and policymakers to assess Estonia's competitiveness and attractiveness for investment.

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 a composite metric published annually by the World Bank that evaluates countries based on factors like starting a business, obtaining construction permits, getting electricity, registering property, accessing credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

Methodology

The data is collected through surveys of local experts and officials to assess regulatory and administrative processes.

Historical Context

The index is widely referenced by investors, businesses, and policymakers to understand Estonia's economic and policy environment.

Key Facts

  • Estonia ranked 18th globally on the 2020 Ease of Doing Business Index.
  • The country scores particularly well on metrics like starting a business and trading across borders.
  • Improving the ease of doing business is a key priority for the Estonian government.

FAQs

Q: What does this economic trend measure?

A: The Ease of Doing Business Index for Estonia measures the overall regulatory environment and administrative processes for companies operating in the country.

Q: Why is this trend relevant for users or analysts?

A: The index is a widely referenced benchmark for assessing Estonia's competitiveness and attractiveness for investment, making it relevant for businesses, policymakers, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of local experts and officials to assess regulatory and administrative processes.

Q: How is this trend used in economic policy?

A: The Ease of Doing Business Index is used by the Estonian government and policymakers to identify areas for improvement and enhance the country's business environment.

Q: Are there update delays or limitations?

A: The index is published annually by the World Bank, so there may be a delay in the most recent data availability.

Related Trends

Citation

U.S. Federal Reserve, Ease of doing business index for Estonia (ICBUSEASEXQEST), retrieved from FRED.