In 2020, Benin scored 52 points in the ease of doing business index. The country does not offer a particularly favorable environment for enterprises, especially in terms of getting credit and obtaining electricity, which obtained only 30 and 34 index points, respectively. However, the country's attractiveness was higher for starting a business and dealing with construction permits. Benin ranked among the West African countries with the lowest ease of doing business scores.
The ease of doing business (EODB) score captures the gap between an economy’s performance and is a measure of best practice across the entire sample of 41 indicators for 10 topics. The ranking complements the ease of doing business score by providing information about an economy’s performance in business regulation relative to the performance of other economies as measured by Doing Business. The ranking is out of 190 countries.
"An economy’s ease of doing business score is reflected on a scale from 0 to 100, where 0 represents the lowest and 100 represents the best performance. For example, an ease of doing business score of 75 in Doing Business 2019 means an economy was 25 percentage points away from the best regulatory performance constructed across all economies and across time. A score of 80 in Doing Business 2020 would indicate the economy is improving."
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International Economics. (February 28, 2021). Ease of doing business in Benin in 2020, by topic [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/
International Economics. "Ease of doing business in Benin in 2020, by topic ." Chart. February 28, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/
International Economics. (2021). Ease of doing business in Benin in 2020, by topic . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/
International Economics. "Ease of Doing Business in Benin in 2020, by Topic ." Statista, Statista Inc., 28 Feb 2021, https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/
International Economics, Ease of doing business in Benin in 2020, by topic Statista, https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/ (last visited November 21, 2024)
Ease of doing business in Benin in 2020, by topic [Graph], International Economics, February 28, 2021. [Online]. Available: https://www.statista.com/statistics/1242959/ease-of-doing-business-in-benin-by-topic/
