Costa Rica - Ease of doing business

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

New business density (new registrations per 1,000 people ages 15-64) in Costa Rica was 3.61 as of 2020. Its highest value over the past 7 years was 6.10 in 2016, while its lowest value was 3.14 in 2013.

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
2013 3.14
2014 3.31
2015 3.92
2016 6.10
2017 5.13
2018 6.01
2019 4.71
2020 3.61

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
2005 48.60
2010 39.00

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
2010 1.30

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
2010 49.40

Time required to get electricity (days)

The value for Time required to get electricity (days) in Costa Rica was 39.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 62.00 in 2013 and a minimum value of 39.00 in 2019.

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 62.00
2010 62.00
2011 62.00
2012 62.00
2013 62.00
2014 55.00
2015 45.00
2016 45.00
2017 45.00
2018 45.00
2019 39.00

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
2005 68.29

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
2010 25.50

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
2010 40.60

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
2010 32.80

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
2005 0.00
2010 7.60

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Costa Rica was 32.70 as of 2019. Its highest value over the past 14 years was 32.70 in 2019, while its lowest value was 32.30 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 32.30
2006 32.30
2007 32.30
2008 32.30
2009 32.30
2010 32.50
2011 32.50
2012 32.50
2013 32.50
2014 32.50
2015 32.50
2016 32.70
2017 32.70
2018 32.70
2019 32.70

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Costa Rica was 6.40 as of 2019. Its highest value over the past 14 years was 6.60 in 2012, while its lowest value was 6.40 in 2013.

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/).

See also:

Year Value
2005 6.60
2006 6.60
2007 6.60
2008 6.60
2009 6.60
2010 6.60
2011 6.60
2012 6.60
2013 6.40
2014 6.40
2015 6.40
2016 6.40
2017 6.40
2018 6.40
2019 6.40

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Costa Rica was 19.20 as of 2019. Its highest value over the past 14 years was 19.50 in 2012, while its lowest value was 19.20 in 2005.

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 19.20
2006 19.20
2007 19.20
2008 19.20
2009 19.20
2010 19.20
2011 19.20
2012 19.50
2013 19.20
2014 19.20
2015 19.20
2016 19.20
2017 19.20
2018 19.20
2019 19.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment