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

In the Ease of Doing Business rating Sri Lanka holds position #79 2020 out of 181 and Equatorial Guinea is #140 out of 181 2020.
Position of Sri Lanka is better than position of Equatorial Guinea.

Referencies:

  1. Ease of Doing Business 2020 by World Bank
    The countries in the rating sorted by 'Score' in descending order.
    Equatorial Guinea 'Score' value is 41.1
    Sri Lanka 'Score' value is 61.8