Doing Business Report

Doing Business Report prepared by the World Bank is prepared on an annual basis and is published annually on October 31st. It was first developed in 2002 and the first report was published in 2003. The first Doing Business Report evaluated 133 countries and 190 countries in 2017, 2018, and 2019.

 Doing Business encourages countries to compete in the direction of more effective regulation by collecting and analyzing comprehensive data in order to compare the business regulatory environment in different countries in a certain period of time. It also offers measurable criteria for reforms, and also plays the role of a source of information for academics, private sector representatives, journalists, and other individuals interested in business.

The key objective of the Report is to regulate entrepreneurial activity and to measure its impact on the creation of new business enterprises and the conduct of business operations. Doing Business Report evaluates the business environment, efficiency, and effectiveness of business processes using 11 indicators and 45 sub-indicators. The 10 indicators contained in the Report together formulate the Ease of Doing Business Index. The Labor Market Efficiency Index and Public Procurement Index are not taken into account here.

The registration process of "Doing Business" is carried out consistently as stages of improvement of legislation, giving positive feedback as a result of practical implementation and use by entrepreneurs. Thus, four main sources of information are used in the development of the Report: relevant laws and legislative acts, the results of surveys conducted with respondents − entrepreneurs, the information provided by the government of the country and regional staff of the World Bank.