Ease of doing business index for Fiji
ICBUSEASEXQFJI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Fiji measures the regulatory environment and its impact on the ease of starting and operating a local business. This metric is closely tracked by economists and policymakers to assess Fiji's competitiveness and business climate.
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 indicator published annually by the World Bank that evaluates various regulations affecting domestic firms. It provides a benchmark for Fiji's performance relative to other economies in areas such as starting a business, getting credit, and resolving insolvency.
Methodology
The index is calculated based on data collected through surveys of local experts and official sources.
Historical Context
This metric is widely used by investors, policymakers, and development institutions to gauge Fiji's business environment and guide economic reforms.
Key Facts
- Fiji ranked 102 out of 190 economies in the 2020 Ease of Doing Business Index.
- The index ranges from 0 (worst) to 100 (best), with Fiji scoring 61.0 in 2020.
- Fiji's best-performing area is Protecting Minority Investors, with a score of 70.0.
FAQs
Q: What does the Ease of Doing Business Index for Fiji measure?
A: The index measures various regulations and their impact on the ease of starting, operating, and closing a local business in Fiji.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of Fiji's business environment and competitiveness, providing insights for investors, policymakers, and development institutions.
Q: How is this data collected or calculated?
A: The index is calculated based on surveys of local experts and official data sources.
Q: How is this trend used in economic policy?
A: Governments and institutions use the index to identify areas for regulatory reform and track Fiji's progress in improving the business climate.
Q: Are there update delays or limitations?
A: The index is published annually, with the latest data typically available within a year of the reference period.
Related Trends
Use of Financial Services Deposit Accounts: Household Accounts at Other Financial Intermediaries for Fiji
FJIFCAOFMHNUM
Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Fiji
FJIFCMORNUM
Number of Identified Exporters to Fiji from New York
NYFJIA475SCEN
Bank Lending Deposit Spread for Fiji
DDEI02FJA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Fiji
FJIFCSMHXDC
Number of Identified Exporters to Fiji from New Hampshire
NHFJIA475SCEN
Citation
U.S. Federal Reserve, Ease of doing business index for Fiji (ICBUSEASEXQFJI), retrieved from FRED.