Bosnia loses one spot in World Bank's 2014 Doing Business ranking.

By bne IntelliNews October 30, 2013

Bosnia slipped one place to rank 131th in the 2014 edition of the World Bank’s Doing Business report that assesses the ease of doing business across 189 economies worldwide.

The ranking, compiled by the World Bank and the International Finance Corporation, evaluates how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 10 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. 

The deterioration from the previous year’s 130th place* came after Bosnia introduced a penalty for failure to employ the required minimum number of people in special categories making it more costly for companies to pay taxes. The report notes, however, that the country also temporarily abolished the forestry tax in the past year. Bosnia's position worsened the most in the area of starting a business (down 10 places). On the other hand, the country improved its ranking in the area of resolving insolvency (up 4 places) and enforcing contracts (up 3 places).

Bosnia is the worst performer in the SEE region in terms of ease of doing business, ranking considerably behind Serbia (93th rank), Albania (90), Croatia (89), Kosovo (86), Montenegro (44) and Macedonia (25). It is also lagging behind the EU member states - Bulgaria (58) and Romania (73).   

*The 2013 Doing Business report covered 185 economies.

Bosnia ranking 2013 rank  2014 rank
Ease of doing business 130 131
Starting a business 164 174
Dealing with construction permits 172 175
Getting electricity 161 164
Registering property 93 96
Getting credit 71 73
Protecting investors 113 115
Paying taxes 134 135
Trading accross borders

109

107
Enforcing contracts 118 115
Resolving insolvency 81 77
Source: World Bank    

Related Articles

US puts Albania, Bosnia and Serbia on blacklist of major money laundering countries

The US department of state has included Albania, Bosnia & Herzegovina and Serbia in its latest list of major ... more

EBRD says 2016 net profit was around €1bn

The European Bank for Reconstruction and Development (EBRD) said it made a net profit of around €1bn in 2016, up by a quarter from the €802mn it made in ... more

Bosnian Serbs to block work of state-level institutions following genocide case appeal

The parliament of Bosnia & Herzegovina’s Serb-dominated entity, Republika Srpska, voted on February 27 to reject and ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss