Statement:
It is harder to do business in Laos than in Nicaragua

In the Ease of Doing Business rating Laos holds position #122 ²⁰²⁰ out of 181 and Nicaragua is #110 out of 181 ²⁰²⁰.
Position of Laos is worse than position of Nicaragua.

Referencies:

1. Ease of Doing Business ²⁰²⁰ by World Bank

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

   Laos	'Score' value is	50.8
   Nicaragua	'Score' value is	54.4