Romania ranks 48th among the 189 countries surveyed for the most recent Doing Business report drawn up by the World Bank, up from 72nd in 2013.
The report acknowledges Romania’s progress in the tax payment system. Romania improved the most in termsof the ease of paying taxes in 2013/14.
Romania ranks 52nd in the world for paying taxes. The country is better ranked for ease of getting credit, on 7th place among the 189 countries analyzed. In terms of starting a business, Romania ranks 38th out of 189 countries. Doing Business measures the ease of doing business in 189 economies based on 11 business-related regulations, including business start-up, getting credit, getting electricity, and trading across borders.
Source: zf.ro, romania-insider.comTags: doing business, growth, ranking