According to a study conducted on the ease of doing business in a country as of May 2019, getting credit was the topic with the best performance in Colombia, with a score of 90. Meanwhile, enforcing contracts had the lowest performance in the South American country, with a score of 34.3. Each topic is measured on a scale from 0 to 100, where 0 represents the lowest and 100 represents the best performance in easiness of doing business.
Ease of doing business in Colombia as of May 2019, by topic
The source adds the following information: "The ease of doing business score captures the gap of each economy from the best regulatory performance observed on each of the indicators across all economies in the Doing Business sample since 2005. An economy’s ease of doing business score is reflected on a scale from 0 to 100, where 0 represents the lowest and 100 represents the best performance."
More information about the methodology can be found here.
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World Bank, & Doing Business. (October 24, 2019). Ease of doing business in Colombia as of May 2019, by topic [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/
World Bank, und Doing Business. "Ease of doing business in Colombia as of May 2019, by topic." Chart. October 24, 2019. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/
World Bank, Doing Business. (2019). Ease of doing business in Colombia as of May 2019, by topic. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/
World Bank, and Doing Business. "Ease of Doing Business in Colombia as of May 2019, by Topic." Statista, Statista Inc., 24 Oct 2019, https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/
World Bank & Doing Business, Ease of doing business in Colombia as of May 2019, by topic Statista, https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/ (last visited November 26, 2024)
Ease of doing business in Colombia as of May 2019, by topic [Graph], World Bank, & Doing Business, October 24, 2019. [Online]. Available: https://www.statista.com/statistics/1049025/colombia-ease-doing-business-topic/