---
title: "Business Ready / B-READY Definition | Model Diplomat"
description: "Business Ready (B-READY) is the World Bank's assessment of global business climates, launched in 2024 to replace the Doing Business report."
url: "https://modeldiplomat.com/learn/glossary/business-ready-b-ready"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- Business Ready (B-READY) is the World Bank's annual assessment of the business and investment climate in economies worldwide, launched in 2024 to replace the discontinued Doing Business report.
- Which report did B-READY replace and why?
- What are the three pillars used in B-READY assessment?
- How many topics does B-READY cover and name a few?
- Was India included in the first B-READY report?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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In October 2024, the World Bank published the inaugural Business Ready 2024 report covering 50 economies, formally replacing the Doing Business report it had scrapped in 2021 after a data-manipulation scandal involving China's ranking.

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