We measure ‘complexity’ in terms of how complicated and unpredictable a business environment is.
The Global Business Complexity Index was compiled using research conducted among TMF Group’s specialists in 76 jurisdictions*. We measure ‘complexity’ in terms of how complicated and unpredictable a business environment is – and how difficult it is to understand and operate in.
An in-depth survey explored three areas:
The data for each jurisdiction were statistically weighted and combined to produce an overall complexity score and ranked index.
Follow-up interviews were conducted with specialists from the ten highest and ten lowest ranking jurisdictions, exploring their business environments and investigating scores in greater detail. Experts were asked to score the complexity of several issues on a scale of 1 to 10, with 10 being the most complex. We calculated mean scores on the same scale.
* We use ‘jurisdiction’ to mean an area governed by a set of laws. A country can include several jurisdictions which, from a business point of view, are separate. For example, Curaçao is part of the Kingdom of the Netherlands but it is an entirely separate jurisdiction to the Netherlands.