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

In the Ease of Doing Business rating Nicaragua holds position #110 ²⁰²⁰ out of 181 and Latvia is #15 out of 181 ²⁰²⁰.
Position of Nicaragua is worse than position of Latvia.

Referencies:

1. Ease of Doing Business ²⁰²⁰ by World Bank

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

   Latvia	'Score' value is	80.3
   Nicaragua	'Score' value is	54.4