According to the last Doing Business report compiled by the World Bank and IFC Bolivia moved from the place 126th in 2006 to the 153th place in 2012.
The Doing Business Report (DBR or DB) is a study elaborated by the World Bank Group since 2004 every year that is aimed to measure the costs to firms of business regulations
The study has become one of the flagship knowledge products of the World Bank Group in the field of private sector development, and is claimed to have motivated the design of several regulatory reforms in developing countries. The study presents every year a detailed analysis of costs, requirements and procedures a specific type of private firm is subject in all countries, and then, creates rankings for every country. The study is also backed up by broad communication efforts, and by creating rankings, the study spotlights countries and leaders that are promoting reforms
The DBR has been widely known and used by academics, policy-makers, politicians, development experts, journalists and the business community to highlight red tape and promote reforms.
Last year Bolivia was in the 147th place and according to the newest survey now it is in the 153th place.
According to the summary of reforms, Bolivia raised social security contribution rates for employers which impacted negatively on its standing on the ranking.
On a regional scale, the best ranked country is Chile (39th), followed by Peru (41th), Uruguay (90th), Argentina (113th), Brazil (126th), Ecuador (130th)
To graph the low level of competitiveness in Bolivia we could cite several examples:
A construction permit requires 14 different stages (around 249 days), obtaining electrical service takes 8 different steps and around 42 days, the procedure to register real state takes 7 stages and around 92 days.
Bolivia has a better ranking than Venezuela (177th), leaded by Hugo
Chavez, "an example" for Bolivia's president Evo Morales (on his own
words). This is yet another sample of the downward spiral that Bolivia's
competitiveness is suffering.