World Bank: It's easier to start a business in Afghanistan than the US

The World Bank reviews 190 economies in 10 categories for their annual 'Ease of Doing Business' rankings.
 

In the 'Starting a Business' category the US ranked 55th out of 190 countries. We're behind notable countries such as:

● New Zealand #1

● Canada #3

● Jamaica #6

● Australia #7

● Greece #11

● UK #18

● China #27

● France #37

● Russia #40

● Afghanistan #52

This is our 2nd lowest category ranking. While it's easier to open a business in Canada, the UK and France than it is in the US, it's even tougher to open a business in the other three G7 countries.

● Italy #98

● Japan #106

● Germany #125

The worst performing category for the US?

▸ 'Getting Electricity' #64 out of 190

Yes. Really.

The good news? We still rank #6 overall in 'Ease of Doing Business' globally. (Just imagine if we could start a business and get electricity.)