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Jerusalem Life

| Israel jumps 14 places in ease of "Doing Business" rankings

Janglo News    
Thursday, 24 October 11:00 AM

Israel has risen 14 places in the World Bank's "Ease of Doing Business" rankings and is now in 35th place out of 190 countries, up from 49 last year. Israel has risen 19 places in the past two years.

Israel's most significant improvement has been in the Paying Taxes ranking where the country has risen to 13th place from 90th last year. This achievement is attributed to increased digitalization and the improvement of services provided by the Israel Tax Authority over the past few years. Other improvements achieved include Getting Credit where Israel rose from 60 to 48 after implementation of credit receipt reform procedures led by the Bank of Israel. Israel also rose in the Registering Property and Starting a Business indices by 14 places and 17 places respectively, while in the building permits rankings, Israel has risen thirty places over the past two years.

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