EASE OF DOING BUSINESS INDEX

Ease of doing business index (1=most business-friendly regulations) in Pakistan was last
measured at 128 in 2014, according to the World Bank. Ease of doing business index ranks
economies from 1 to 181, with first place being the best. A high ranking means that the
regulatory environment is conducive to business operation. The index ranks the simple average
of the country's percentile rankings on 10 topics covered in Doing Business 2007: How to
reform. The ranking on each topic is the simple average of the percentile rankings on its
component indicators.

KEY INDICATORS
The index is based on the study of laws and regulations, with the input and verification by more
than 9,600 government officials, lawyers, business consultants, accountants and other
professionals in 185 economies who routinely advise on or administer legal and regulatory
requirements.
The ease of doing business index is meant to measure regulations directly affecting businesses
and does not directly measure more general conditions such as a nation's proximity to large
markets, quality of infrastructure, inflation, or crime. A nation's ranking on the index is based on
the average of 10 sub indices:

Starting a business Procedures, time, cost and minimum capital to open a new business

Dealing with construction permits Procedures, time and cost to build a warehouse

Getting electricity procedures, time and cost required for a business to obtain a
permanent electricity connection for a newly constructed warehouse

Registering property Procedures, time and cost to register commercial real estate

Getting credit Strength of legal rights index, depth of credit information index

Protecting investors Indices on the extent of disclosure, extent of director liability and
ease of shareholder suits

Paying taxes Number of taxes paid, hours per year spent preparing tax returns and total
tax payable as share of gross profit

Trading across borders Number of documents, cost and time necessary to export and
import
Enforcing contracts Procedures, time and cost to enforce a debt contract
Resolving insolvency The time, cost and recovery rate (%) under bankruptcy
proceeding

EASE OF DOING BUSINESS IN AUSTRALIA

Doing business in Australia is easy.
The countrys efficient and transparent regulatory system provides a safe
environment. Its political stability and sound legal and governance
frameworks offer a stable and secure setting for business. For six years in a
row, Australia has ranked third on the Index of Economic Freedom.
Australia has a sophisticated financial sector that offers access to one of the
Asia-Pacific regions largest pools of bank assets, as well as the worlds
fourth largest pension assets pool.
Australia is one of the easiest places in the world to do business. Overall, Australia ranks 10th in
the world for ease of doing business, and fourth when compared with economies with a similar
or larger population. Australia ranks particularly well in the ease of getting credit (4th out of 189
economies) and starting a business (7th out of 189 economies).
Region: OECD High Income
Income Category: High Income Country
Population: 23,490,736
GNI per Capita (US$): 64,680
City Covered: Sydney
CHANGE IN INDICATORS:

Topics

DB 2016 Rank

DB 2015 Rank

Change in Rank

Starting a Business

11

up -4

Getting Credit

up -1

Trading Across Borders

89

89

No change

Enforcing Contracts

No change

Resolving Insolvency

14

13

up

KEY INDICATORS:

Starting a Business
Getting Credit
Trading Across Borders
Enforcing Contracts
Resolving Insolvency

DOING BUSINESS 2015

Australia ranks 11 for doing business in world ranking.
Starting a Business
Procedures (number)
Time (days)

2012
2
2

2013
2
2

2014
3
2.5

2015
3.0
2.5

Sources: The World Bank and International Finance Corporation, Doing Business 2014: Understanding
Regulations for Small and Medium-Size Enterprises (2012, 2013,2014,2015); Austrade

GETTING CREDIT:
Getting Credit
Strength of Legal Rights index (0 - 10)
Depth of Credit information index (0-6)

2012
9
5

2013
10
5

2014
10
5

Sources: The World Bank and International Finance Corporation, Doing Business 2014: Understanding
Regulations for Small and Medium-Size Enterprises (2012, 2013,2014,2015); Austrade

Strength of legal rights index 2015 (0-12)

This index measures the degree to which collateral and bankruptcy laws protect the rights of
borrowers and lenders and thus facilitate lending.
Australia: 11.0
OECD Countries: 6.0
Depth of credit information index 2015 (0-8)
This index measures rules and practices affecting the coverage, scope and accessibility of credit
information available through either a public credit registry or a private credit bureau.
Australia: 7.0
OECD Countries: 6.5
TRADING ACROSS BORDERS
Trading Across Borders
Time to Export (days)
Time to import (days)

2012
9
8

2013
9
8

2014
9
8

2015
9
8

Sources: The World Bank and International Finance Corporation, Doing Business 2014: Understanding
Regulations for Small and Medium-Size Enterprises (2012, 2013,2014,2015); Austrade

ENFORCING CONTRACTS:
Enforcing Contracts
Time (days)
Cost (% of claim)

2012
395
22

2013
395
21.8

2014
395
21.8

2015
395
21.8

Sources: The World Bank and International Finance Corporation, Doing Business 2014: Understanding
Regulations for Small and Medium-Size Enterprises (2012, 2013,2014,2015); Austrade

Time (days)

The time to resolve a dispute, counted from the moment the plaintiff files the lawsuit in court
until payment. This includes both the days when actions take place and the waiting periods
between.
Cost (% of claim)
The cost in court fees and attorney fees, where the use of attorneys is mandatory or common,
expressed as a percentage of the debt value.
RESOLVING INSOLVENCY
Resolving Insolvency
Time (years)
Recovery Rate (cents on dollar)

2012
1
80.8

2013
1
80.8

2014
1
81.3

2015
1
81.9

Sources: The World Bank and International Finance Corporation, Doing Business 2014: Understanding
Regulations for Small and Medium-Size Enterprises (2012, 2013,2014,2015); Austrade

Recovery rate (cents on the dollar)

The recovery rate calculates how many cents on the dollar secured creditors recover from an
insolvent firm at the end of insolvency proceedings.
Time (years)
The average duration of insolvency proceedings. The time of the proceedings is recorded in
calendar years and includes all appeals and delays.
Disclaimer: If an economy had zero insolvency cases a year over the past five years involving a
judicial reorganization, judicial liquidation or debt enforcement procedure (foreclosure or
receivership), the economy receives a no practice mark on the time, cost and outcome
indicators.