The Netherlands Has Dropped in the World Bank Rankings

In spite of the fact that the business climate in our country has improved, the Netherlands has dropped four places in a World Bank ranking on the ease of doing business. The Netherlands now occupies the 32nd spot on the list of the development bank. The score is 0.51 points higher than last year, but other countries scored even better.

Thailand, for example, took the Netherlands spot on the list, and the South Asian country is now on the 26th place. The Netherlands must further endure France and the Czech Republic at positions 30 and 31, respectively. The top three countries are New Zealand, Singapore and Denmark. Somalia, Eritrea and Venezuela can be found at the bottom of the list. The list is not entirely certain. For example, war-torn Syria is on the list and Suriname scores a little higher.

However, among other things, the Netherlands scores high on the possibilities to trade with other countries. The World Bank also recognizes how positive it is that a company can easily be set up in the Netherlands. Though, there is a low score on the possibilities to get a loan. Furthermore, the protection of small shareholders can be improved, and it takes a relatively long time to enforce a contract through the legal path, according to the World Bank. 

By Maybeline Whitter
Source https://www.nu.nl/ondernemen/4988513/nederland-daalt-ranglijst-zakendoen-van-wereldbank.html