What was the Philippines' rank in the World Bank's Ease of Doing Business report for 2018?

Study for the Supernova Regulatory Framework for Business Transactions Test. Use flashcards and multiple choice questions. Each question has hints and explanations. Get prepared for your exam!

Multiple Choice

What was the Philippines' rank in the World Bank's Ease of Doing Business report for 2018?

Explanation:
Understanding how the World Bank ranks economies in ease of doing business helps you read the country’s position clearly. In 2018, the Philippines was ranked 113th overall out of about 190 economies, with a lower rank indicating easier conditions. This places the Philippines in the middle tier of global rankings that year. The number 113 is the official 2018 position, not the other figures listed in the options.

Understanding how the World Bank ranks economies in ease of doing business helps you read the country’s position clearly. In 2018, the Philippines was ranked 113th overall out of about 190 economies, with a lower rank indicating easier conditions. This places the Philippines in the middle tier of global rankings that year. The number 113 is the official 2018 position, not the other figures listed in the options.

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