Statement:
It is harder to do business in Panama than in Luxembourg
In the Ease of Doing Business rating
Panama holds position #66 2020
out of 181 and Luxembourg is #56 out of 181 2020.
Position of Panama is worse than position of Luxembourg.
Referencies:
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Ease of Doing Business 2020 by World BankThe countries in the rating sorted by 'Score' in descending order.
Luxembourg 'Score' value is 69.6 Panama 'Score' value is 66.6