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Poland moves up three notches in World Bank Doing Business Survey


2010-11-04



Poland climbed three places to 70th in the world in terms of the ease of doing business, according to Doing Business 2011, the latest edition of the annual World Bank report. Despite the improvement, the country still ranks lower than most other Central and Eastern Europe countries and makes a generally poor showing in a league table that covers 183 national economies.

The World Bank notes that Poland has improved its business environment in only one of the 10 indicators of business regulation covered by the survey compared with the previous edition, namely registering property (number of procedures, duration, costs). No significant reforms have been instituted in the other areas. As in the 2010 edition, there are three indicators on which Poland scores particularly poorly, coming in (well) below 100th place in the world: dealing with construction permits (164th, no change), paying taxes (121st, up from 151st) and starting a business (113th, up from 117th).

On the other hand, the country ranks 15th in the world on the ease of getting credit (same as in last year). Other relative strengths include protection of investors (44th, down from 41st) and ease of trading across borders (49th, down from 42nd).

Singapore retained the top spot as the most business-friendly country, followed by Hong Kong, New Zealand, the United Kingdom and the United States.

The five bottom places are occupied by (in ascending order) Chad, Central African Republic, Burundi, Eritrea and Guinea.



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