BOFIT Viikkokatsaus / BOFIT Weekly Review 2017/45

The World Bank's latest Doing Business international comparison of regulatory environments ranks Russia 35th out of 190 countries surveyed. Russia came in just behind Japan and a few notches above Ruanda. China ranked 78th. Among the survey's 10 topic indicators, Russia scored high marks e.g. in property registration (12th) and getting credit (29th). Property registration was, however, seen in the report considerably easier in e.g. Ruanda and Kyrgyzstan than in Russia, while getting credit was substantially easier in e.g. Zambia and Nigeria.

To maximise international comparability of the Doing Business results, the survey focuses on very narrowly defined example cases that may not necessarily be applicable to the business environment generally. Moreover, the comparison does not take e.g. corruption into consideration. In other international comparisons, Russia ranks lower. For example, Transparency International's latest Corruption Perceptions Index ranks Russia 131st of 176 countries surveyed. In the World Economic Forum Competitiveness report's institutional pillar Russia ranks 83rd of 137 countries surveyed.

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