The World Bank’s Doing Business 2020 report ranks 190 countries according to best regulatory practices for opening and running a business.
Costa Rica ranks tops in Central America and number 74 in the world. Panama is number two and 86, El Salvador is third and 91, Guatemala fourth and 96, Honduras fifth and 133, and Nicaragua sixth and 142, the World Bank reports.
Those economies that score well on Doing Business tend to benefit from higher levels of entrepreneurial activity and lower levels of corruption said the 2020 World Bank report in its 17th in a series of annual studies measuring the regulations that enhance business activity and those that constrain it.
Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies—from Afghanistan to Zimbabwe—and over time.