Statement:
It is easier to do business in Iceland than in Equatorial Guinea

In the Ease of Doing Business rating Iceland holds position #20 2020 out of 181 and Equatorial Guinea is #140 out of 181 2020.
Position of Iceland is better than position of Equatorial Guinea.

Referencies:

  1. The countries in the rating sorted by 'Score' in descending order.
    Equatorial Guinea 'Score' value is 41.1
    Iceland 'Score' value is 79.0