Brazil falls 5 places in ranking on ease of businessStarting a business in Brazil takes 83 days and are needed 11 procedures
The Brazil fell five places in a World Bank ranking published on Tuesday, 27, on the ease of doing business, raised in 189 countries.
Called “Doing Business 2016: Measuring Quality and Efficiency”, the study takes into account factors such as the ease of starting a business, obtain credit and get electricity.
Brazil was in 116th position this year, below the placement last year, 111ª. Initially, the survey released in 2014, the country had become the 120th place, but according to the World Bank a change in the methodology for drawing up the rankings this year changed the country's position to the 111th.
Singapore is the leader of the ranking again, for the tenth consecutive year, followed by New Zealand and Denmark. Still among the top ten economies are the United Kingdom (6º) and Sweden (8º).
The last two positions are occupied by Libya and Eritrea. Worse than Brazil in the survey are countries like Argentina (121º), India (130º), Pakistan (138º), Bolivia (157º) and Venezuela (186º).
To survey, World Bank assessed the technical measures taken by countries June 2014 by June 2015.
Starting a business in Brazil takes 83 days and are needed 11 procedures. In New Zealand it takes only a day and a procedure.
In Singapore are two and a half days and three procedures. We United States, seventh place in the overall ranking, are 6,5 days. no Mexico, Latin American country best placed in the survey, in 38th position, opening a business takes 6,3 days.
Other single indicators, which are considered as a whole for the preparation of the general ranking, Brazil also occupies bad position.
The item to get permission for construction, the country is in 169, taking an average 425,7 days. In registering property, It is the classification 130th ranking, taking an average 31,7 days.
Payment of taxes, Brazil is close to the last placed, Kids 178º. The average time that a business in Brazil need to prepare, present and pay taxes is 2,6 one thousand hours per year, while the average in Latin America, considered high by the World Bank, it's from 361 hours per year.
The average high-income economies that are part of the Organization for Economic Cooperation and Development (OCDE) it's from 177 hours.