Country Notes provide a customized snapshot of a country’s business environment relative to other economies surveyed in its geographic region. They include both analysis and policy recommendations. These 5-6 page documents highlight important differences in the investment climate between various firm subgroups such as exporters vs. non-exporters, business sectors, and different geographic locations within a country.

Running a Business in Azerbaijan -- New data from Enterprise Surveys indicate improvements in Azerbaijan’s business environment, particularly in terms of increasing access to finance and also reductions in tax payment-related bribery. (PDF, 354KB)

Running a Business in Armenia -- New data from Enterprise Surveys indicate that financing of investment by owners’ contributions or by issuing equity increased to 28 percent in Armenia -- the highest equity financing of investment in Eastern Europe and Central Asia. (PDF, 344KB)

Additional Country Notes available are: Belarus, Georgia, Tajikistan, Turkey, Ukraine, Uzbekistan.

Country Profiles provide key investment climate indicators for a country with benchmarks against their respective regional and income groups. The set of covered topics includes perceived obstacles, the average firm, corruption, taxes and regulations, access to finance, infrastructure, workforce, crime, informality, innovation, and trade. These 15-18 page documents contain mostly figures and tables for easy visual display.