Statement:
It is harder to do business in Bulgaria than in Serbia

In the Ease of Doing Business rating Bulgaria holds position #47 2020 out of 181 and Serbia is #33 out of 181 2020.
Position of Bulgaria is worse than position of Serbia.

Referencies:

  1. The countries in the rating sorted by 'Score' in descending order.
    Bulgaria 'Score' value is 72.0
    Serbia 'Score' value is 75.7