El Salvador falls in Doing Business 2017 ratings

The 2017 Doing Business report from the World Bank (WB) ranked El Salvador 95 out of 190 economies, a nine-position decrease from the previous year (El Diario de Hoy). According to the data, the fall in position was due primarily to a reform that reduced credit bureau coverage and made it more difficult to obtain credit history information (El Mundo). The WB noted that El Salvador did improve in four of the ten areas evaluated, including cross-border trade, opening a business, property registration and obtaining electricity (El Diario de Hoy). But the analysis also showed that El Salvador’s economy has the largest decrease in the region.