Uruguay and Chile Defy Latin America’s Bureaucratic Quagmire in Global Business Ranking
3 Articles
3 Articles
Uruguay and Chile Defy Latin America’s Bureaucratic Quagmire in Global Business Ranking
Uruguay ranks 27th among 79 countries in TMF Group’s 2025 Global Business Complexity Index (GBCI), maintaining its status as Latin America’s simplest business environment. The report highlights stark regional contrasts: Mexico (3rd), Brazil (6th), and Colombia (5th) dominate the top 10 most complex jurisdictions, while Chile (20th) and Costa Rica (58th) join Uruguay as regional […]
Although it is among the most stable economies in Latin America, Chile worsened a position in the Global Business Complexity Index (GBCI) 2025, developed by TMF Group, and positioned itself as the 20th most complex jurisdiction in the world to operate a company. In the previous edition of the ranking it ranked 21, so the advance implies a slight increase in the challenges that companies face to develop in its territory. GBCI evaluates 292 indica…
It is ranked 27th in the global ranking, which analyses 79 countries and evaluates the degree of difficulty companies face in operating in each of them.
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