Doing Business in Eritrea 2018

The World Bank has just released its annual Doing Business 2018 report. It evaluated 190 countries. Eritrea ranked 189, a slight improvement compared to the 2017 report. By comparison, Somalia ranked 190 and Ethiopia ranked 161.

The World Bank ranking takes into account the following eleven factors: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation.