Greece - 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 Greece was 1.76 as of 2020. Its highest value over the past 9 years was 1.76 in 2020, while its lowest value was 0.31 in 2011.

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).

See also:

Year Value
2011 0.31
2012 0.48
2013 0.69
2014 0.72
2015 0.68
2016 0.83
2017 1.12
2018 1.44
2019 1.74
2020 1.76

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/).

See also:

Year Value
2005 7.00
2018 11.60

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/).

See also:

Year Value
2018 0.900

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/).

See also:

Year Value
2018 40.40

Time required to get electricity (days)

The value for Time required to get electricity (days) in Greece was 51.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 51.00 in 2019 and a minimum value of 51.00 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/).

See also:

Year Value
2009 51.00
2010 51.00
2011 51.00
2012 51.00
2013 51.00
2014 51.00
2015 51.00
2016 51.00
2017 51.00
2018 51.00
2019 51.00

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/).

See also:

Year Value
2005 53.19

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/).

See also:

Year Value
2018 39.20

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/).

See also:

Year Value
2018 10.70

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/).

See also:

Year Value
2018 19.30

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/).

See also:

Year Value
2005 55.90
2018 1.70

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Greece was 28.30 as of 2019. Its highest value over the past 14 years was 32.20 in 2012, while its lowest value was 27.70 in 2016.

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/).

See also:

Year Value
2005 31.70
2006 31.70
2007 31.70
2008 31.70
2009 31.70
2010 31.70
2011 31.70
2012 32.20
2013 32.00
2014 31.00
2015 29.30
2016 27.70
2017 28.00
2018 28.30
2019 28.30

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Greece was 0.600 as of 2019. Its highest value over the past 14 years was 0.900 in 2010, while its lowest value was 0.600 in 2015.

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 0.900
2006 0.900
2007 0.900
2008 0.900
2009 0.900
2010 0.900
2011 0.700
2012 0.700
2013 0.700
2014 0.700
2015 0.600
2016 0.600
2017 0.600
2018 0.600
2019 0.600

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Greece was 23.00 as of 2019. Its highest value over the past 14 years was 23.00 in 2019, while its lowest value was 11.20 in 2012.

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 21.50
2006 16.90
2007 16.40
2008 14.10
2009 14.10
2010 14.10
2011 13.50
2012 11.20
2013 11.20
2014 19.00
2015 19.70
2016 22.40
2017 23.00
2018 23.00
2019 23.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment