SDG 9: Industry, Innovation And Infrastructure
Sustainable Developmental Goal 9 (SDG 9) urges member states to build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation. A key indicator of a country’s ability to foster innovation and sustainable industrialisation is the ease with each new businesses can be started in that country. As defined by the World Bank, start-up procedures are those required to start a business, including interactions to obtain necessary permits and licenses and to complete all inscriptions, verifications, and notifications to start operations. Data are for businesses with specific characteristics of ownership, size, and type of production.
For the year 2017, Uganda had the highest number of start-up procedures (13) required to start a business among Commonwealth countries while New Zealand required just one step to be completed in order to start a business in the country: applying online for registration with New Zealand’s Companies Office. However, on average, the number of procedures required to start a business in a Commonwealth country and a country in the rest of the world is the same: 7.
Over the 4 year period, Brunei Darussalam reduced its procedures the maximum, starting at 18 procedures in 2013 to 6 procedures in 2017.
Note: No data available for Nauru and Tuvalu for the given years.