Statement:
It is harder to do business in Equatorial Guinea than in Serbia

In the Ease of Doing Business rating Equatorial Guinea holds position #140 2020 out of 181 and Serbia is #33 out of 181 2020.
Position of Equatorial Guinea is worse than position of Serbia.

Referencies:

  1. The countries in the rating sorted by 'Score' in descending order.
    Equatorial Guinea 'Score' value is 41.1
    Serbia 'Score' value is 75.7