Paraguay - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

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Year Value
2019 0.225
2020 0.049

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 27.20
2010 23.20
2017 12.10

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 1.80
2010 2.70
2017 1.70

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 81.10
2010 85.80
2017 83.00

Time required to get electricity (days)

The value for Time required to get electricity (days) in Paraguay was 67.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 67.00 in 2019 and a minimum value of 67.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 67.00
2010 67.00
2011 67.00
2012 67.00
2013 67.00
2014 67.00
2015 67.00
2016 67.00
2017 67.00
2018 67.00
2019 67.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 42.81

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 36.60
2010 35.00
2017 31.30

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 35.00
2010 45.50
2017 15.00

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 31.10
2010 39.40
2017 16.50

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 24.50
2010 14.60
2017 16.10

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Paraguay was 18.60 as of 2019. Its highest value over the past 14 years was 18.60 in 2019, while its lowest value was 18.60 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 18.60
2006 18.60
2007 18.60
2008 18.60
2009 18.60
2010 18.60
2011 18.60
2012 18.60
2013 18.60
2014 18.60
2015 18.60
2016 18.60
2017 18.60
2018 18.60
2019 18.60

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Paraguay was 6.70 as of 2019. Its highest value over the past 14 years was 6.70 in 2019, while its lowest value was 6.70 in 2005.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 6.70
2006 6.70
2007 6.70
2008 6.70
2009 6.70
2010 6.70
2011 6.70
2012 6.70
2013 6.70
2014 6.70
2015 6.70
2016 6.70
2017 6.70
2018 6.70
2019 6.70

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Paraguay was 9.60 as of 2019. Its highest value over the past 14 years was 29.20 in 2005, while its lowest value was 9.60 in 2008.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 29.20
2006 19.40
2007 9.70
2008 9.60
2009 9.60
2010 9.60
2011 9.60
2012 9.60
2013 9.60
2014 9.60
2015 9.60
2016 9.60
2017 9.60
2018 9.60
2019 9.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment