Bosnia trails region on World Bank’s 2018 Doing Business ranking as it slumps to 86th place

Bosnia trails region on World Bank’s 2018 Doing Business ranking as it slumps to 86th place
By bne IntelliNews October 31, 2017

Bosnia & Herzegovina lost five places to rank 86th in the 2018 edition of the Doing Business Report of the World Bank that assesses the ease of doing business across 190 economies worldwide. The country ranked 81st in 2017.

Bosnia continues to be the worst performer in the SEE region in terms of ease of doing business, ranking considerably behind Serbia (43rd rank), Kosovo (40th), Montenegro (42nd) and Macedonia (11th). Across the wider CEE/CIS region, it beats only Tajikistan and Iran. 

The ranking evaluates how easy or difficult it is for a local entrepreneur to open and run a small to medium-sized 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.

This year Bosnia ranked better in three areas (registering property, protecting minority investors and resolving insolvency) and performed worse in the other seven areas.

Bosnia ranking  2017 2018
Ease of doing business  81 86
Starting a business  174 175
Dealing with construction permits  170 166
Getting electricity  123 122
Registering property  99 97
Getting credit  44 55
Protecting investors  81 62
Paying taxes  133 137
Trading across borders  36 37
Enforcing contracts  64 71
Resolving insolvency  41 40
Source: World Bank      
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