World Bank Report on Bulgaria 2016

Doing Business Bulgaria 2016 report

Bulgaria ranked 38th in the World Bank's latest Doing Business ranking, compared with 36th place last year. Doing Business 2016 ranks 189 economies according to their ease of doing business, rewarding countries whose regulatory framework is most favourable to starting and operating a local enterprise. The ranking is based on scores across ten topics, including starting a business, obtaining construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, enforcing contracts and resolving insolvency. Bulgaria scores best for protecting minority investors (14), while its lowest score concerns electricity supply (100). Bulgaria ranks between Romania (37) and Croatia (40). Singapore retains first place, while Eritrea remains at the bottom of the ranking.