Statement:
It is easier to do business in Iceland than in Colombia

In the Ease of Doing Business rating Iceland holds position #20 ²⁰²⁰ out of 181 and Colombia is #51 out of 181 ²⁰²⁰.
Position of Iceland is better than position of Colombia.

Referencies:

1. Ease of Doing Business ²⁰²⁰ by World Bank

   The countries in the rating sorted by 'Score' in descending order.

   Colombia	'Score' value is	70.1
   Iceland	'Score' value is	79.0