Nicaragua most complicated place to do business in Central America

Nicaragua’s ranking in the World Bank “Doing Business” index fell to 127 (out of 190 countries evaluated), with 55.75 points out of a possible score of 100 (La Prensa, 25 October 2016). In the previous report, the country ranked 124 with 55.65 points. Major bottlenecks to competitiveness include issues related to building permit handling, property registration, protection of minority investors, and tax payments. Additionally, the country failed to implement new reforms affecting business competitiveness and fell behind other countries actively implementing reforms (Confidential). As such, under the current ranking, Nicaragua is the most complicated place to do business in Central America.