What does TMF Group’s GBCI measure across 79 jurisdictions?

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TMF Group's Global Business Complexity Index Measures the Business Environment Across 79 Jurisdictions

The TMF Group’s Global Business Complexity Index (GBCI) assesses the business environment within 79 different jurisdictions, encompassing 94 per cent of the world's gross domestic product (GDP). This index evaluates jurisdictions based on more than 250 distinct indicators related to business complexity, with the jurisdiction ranked first being the most complex and the 79th being the least complex.
Ranking Methodology Based on Complexity Indicators

The GBCI employs over 250 indicators to establish a comprehensive measure of business complexity. Jurisdictions are assigned a numerical rank, where a lower number signifies greater complexity in the business landscape, and a higher number indicates a less complex environment. This systematic approach allows for a comparative analysis of the ease or difficulty of operating a business across diverse global markets.
Global Economic Coverage of the Index

The scope of the GBCI is extensive, covering 79 jurisdictions that collectively account for 94 per cent of global GDP. This broad coverage ensures that the index provides a significant representation of the international business environment, offering insights into the varying degrees of regulatory and operational challenges faced by companies worldwide.
Identification of Most and Least Complex Jurisdictions

The index clearly distinguishes between the extremes of business complexity. The jurisdiction designated as number one is identified as the most complex, implying a more challenging operational framework. Conversely, the jurisdiction ranked 79th is recognized as the least complex, suggesting a more streamlined and accessible business environment.
Regional Efforts to Simplify Business Procedures

Regional decision-makers, particularly within the Asia Pacific (APAC), are actively working to simplify business procedures. These efforts aim to reduce administrative burdens and unlock economic growth, encouraging businesses to adapt and integrate the region into their global strategies. This focus on easing operational hurdles is a key theme highlighted by TMF Group's Head of Asia Pacific.

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What does TMF Group’s GBCI measure across 79 jurisdictions?

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