Doing business report: Economies of Latin America & the Caribbean continue to improve business climate

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(PRESS RELEASE) – Economies in Latin America and the Caribbean carried out 25 reforms during the past year to improve the ease of doing business for domestic small and medium enterprises, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today.

The reforms were carried out in 18 of the region’s 32 economies. No economy from the region is featured in this year’s top 10 improvers.
Mexico remains the region’s top-ranked economy, in 54th place this year. Brazil led the reform agenda, with four reforms, a record in a single year for the country. As a result, Brazil advances to a global rank of 109.

The reforms in Brazil included making starting a business easier with the introduction of online systems for company registration, licensing and…

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