Ease of doing business index for Rwanda
ICBUSEASEXQRWA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Rwanda measures the friendliness of the country's regulatory environment for starting and operating a local business.
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
This index, published annually by the World Bank, assesses various business regulations and their enforcement across a range of economic activities. It provides a comprehensive gauge of a country's overall business climate.
Methodology
The index is calculated based on surveys and data collected from experts and officials in each country.
Historical Context
The index is widely used by policymakers, investors, and analysts to evaluate a country's competitiveness and investment potential.
Key Facts
- Rwanda ranked 38th out of 190 countries in the 2020 Ease of Doing Business Index.
- Rwanda has been one of the top-performing countries in Sub-Saharan Africa on this metric.
- The index covers factors like starting a business, getting electricity, and trading across borders.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Rwanda measures the overall business regulatory environment and how it supports or hinders private sector development in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of a country's competitiveness and attractiveness for domestic and foreign investment, which are crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The index is calculated based on surveys and data collected from experts and officials in Rwanda by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers use this index to identify areas for regulatory reform and to benchmark Rwanda's business climate against other countries, informing efforts to improve the country's competitiveness.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index is published annually, with a slight delay as the data is collected and analyzed by the World Bank.
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Citation
U.S. Federal Reserve, Ease of doing business index for Rwanda (ICBUSEASEXQRWA), retrieved from FRED.