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Business Ready (B-READY)

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Alternative Existing Indicators

The World Bank Group is implementing a new corporate flagship, B-READY, to assess the business and investment climates of 180 economies worldwide annually. This compendium of indicators serves as an alternative to Doing Business until the publication of the first B-READY data and report. Once B-READY data become available, they can accompany these alternative existing data sources to provide a diverse set of perspectives on the business regulatory environment around the world.

These alternative indicators correspond to three stages impacted by an economy’s business environment: opening a business, operating a business, and closing a business. Some of the alternative projects cover all three stages (WBG Enterprise Surveys).

Opening a business

These indicators capture incorporation, registration, and initial infrastructure and services. They include indicators such as new business density (WBG Entrepreneurship Database) and the number of days to obtain construction-related permits (WBG Enterprise Surveys).

Operating a business

These indicators measure various aspects of the business environment that firms encounter in their day-to-day operations. They include indicators like the quality of electricity supply (World Economic Forum), tax policy risk (Economist Intelligence Unit), and Logistics Performance Index on trade logistics (WBG Logistics Performance Index).

Closing a business

These indicators capture liquidation options and opportunities for firm rehabilitation. They include those on the insolvency assessment on reorganization procedures (EBRD) and national loan enforcement frameworks (European Banking Authority).

Disclaimer: This compendium is for information purposes only. It includes indicators generated by the World Bank Group and external sources, and does not imply endorsement of external indicators.

Downloadable Resources

An Excel database with a compendium of 44 alternative indicators covering former Doing Business areas (updated as of September 30, 2021). Users can also access historical Doing Business data here.

Download excel database

A summary table listing 60 alternative indicators. The indicators draw on four different types of data sources, including surveys of firms (such as WBG Enterprise Surveys), commercial business information providers (such as the Economist Intelligence Unit), nongovernmental organizations (such as the World Economic Forum), and public sector organizations (such as the World Bank Group, Organisation for Economic Cooperation and Development, and the United Nations).

Download the table with sources to alternative indicators

In addition to the alternative indicators listed above, the World Bank Group's Macroeconomics, Trade & Investment Global Practice maintains a portal with open data on trade and competitiveness, along with other resources and knowledge.

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