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Economic Competitiveness

Dáil Éireann Debate, Tuesday - 20 March 2018

Tuesday, 20 March 2018

Ceisteanna (409)

Niall Collins

Ceist:

409. Deputy Niall Collins asked the Minister for Business, Enterprise and Innovation the reason page 41 of Enterprise 2025 Renewed ranks Ireland number six of the most competitive small countries in the world using the World Bank’s Doing Business ranking in view of the fact that the 2018 table ranks Lithuania, Estonia, FYR Macedonia, Georgia, New Zealand, Singapore, Denmark, Norway and Finland ahead of Ireland. [12733/18]

Amharc ar fhreagra

Freagraí scríofa

Ireland ranks 17th of 190 economies on their ease of doing business based on 11 different indicators using the World Bank's Doing Business competitiveness ranking.

The ambition in Enterprise 2025 Renewed is that Ireland's ranking according to this measure be amongst the top 5 small countries. For this purpose, Ireland is compared against other comparable high income countries, as designated by the World Bank, that have a population within 20% of Ireland's population.

On this basis, Ireland ranks 6th behind New Zealand, Singapore, Denmark, Norway and Finland.

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