St Lucia Top Caribbean Country for Doing Business: World Bank Report


By the Caribbean Journal staff

Doing business is easier in St Lucia than anywhere else in CARICOM, according to the 2012 Doing Business report from the World Bank and the International Finance Corporation.

St Lucia was ranked 52nd in the world for the ease of doing business, tops in the Caribbean, followed by Antigua and Barbuda at 57th and Dominica at 65th.

Haiti was the lowest-ranked CARICOM country for the ease of doing business, ahead of Suriname.

Among the top Caribbean countries were Trinidad, which was ranked 68th, and Grenada, which came in at 73rd.

Jamaica was listed as the top place in the Caribbean to start a business, according to the report, followed by Dominica.

Trinidad topped the list among Caribbean countries for protecting investors.

Here is the full list within the Caribbean:

1. St Lucia
2. Antigua and Barbuda
3. Dominica
4. Trinidad and Tobago
5. Grenada
6. St Vincent and the Grenadines
7. Bahamas
8. Jamaica
9. Belize
10. St Kitts and Nevis
11. Guyana
12. Suriname
13. Haiti

Note: Barbados was not included in the report.