01 November 2018 - 19:41

Iran Ranks 128th in Business Environment in World

The World Bank Group states that Iran's business environment in 2019 inched up to 128 out of 190 countries.
News ID : 93274
بانک جهانی

According to 'Doing Business 2019' report  which has been released by World Bank Group, the Islamic Republic of Iran got promoted and stood at 128th place out of 190 countries in the world.



Iran could gain 59.98 score, showing 2.34 score improvement in comparison with the previous report in this area. The World Bank Group's criteria for Doing Business 2019 are based on starting a business, dealing with construction permits, paying taxes, trading across borders, registering property, getting electricity, enforcing contracts, protecting minority investors, getting credit and resolving insolvency.



Based on the report, New Zealand, Singapore and Denmark were first to third nations respectively, while Venezuela, Eritrea and Somalia were the three last countries in the list.



It's worth mentioning that U.S.A with 82.75 score was the eighth country in 'Doing Business 2019' report.




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