Costa Rica stays at 121 in global Ease of Doing Business Index

January 11, 2012

For the second year in a row, Costa Rica nabbed the 121st spot in the World Bank’s global Ease of Doing Business Index, coming in behind other Latin American countries like Colombia, Mexico, Panama, Guatemala and El Salvador.

The World Bank report, an annual index of 183 countries measuring regulations in 10 areas of a business’s life cycle, from starting a business to handling construction permits to taxes, international trade and contract enforcement, came out Tuesday. Costa Rica’s lackluster standing – better than Bangladesh, worse than the Russian Federation – stemmed from a decrease in the ease of starting a business, dealing with construction permits and getting credit. Those losses, though, were offset by modest improvements in registering property and a nice jump in the ease of making tax payments.

Costa Rica also continues to get relatively high marks for getting electricity for a business and trading across borders, according the index.

You may be interested

5 questions for US painter Suzahn King
Weekend Arts Spotlight
134 views
Weekend Arts Spotlight
134 views

5 questions for US painter Suzahn King

Elizabeth Lang - May 20, 2018

Suzahn King's paintings, known for their intricate details, are currently focused on her surroundings in Costa Rica, a country she…

Jean Marc Calvet, part III: Leaving Marco behind
Artists
291 views
Artists
291 views

Jean Marc Calvet, part III: Leaving Marco behind

Elizabeth Lang - May 18, 2018

This is the story of Nicaraguan-based French artist Jean Marc Calvet: a man whose complex life, obscurities and misfortunes overwhelmed…

Traditional masks
Tico Times Pic of the Day
311 views
Tico Times Pic of the Day
311 views

Traditional masks

The Tico Times - May 18, 2018

Creating masks out of balsa wood, carved by their own hands and based on the their community's traditions, the Brunca…