Heavily indebted poor countries (HIPC) - 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).

See also:

Year Value
2016 0.319
2017 0.385
2018 0.395

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
2020 43.25

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
2020 9.26

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
2020 78.08

Time required to get electricity (days)

The value for Time required to get electricity (days) in Heavily indebted poor countries (HIPC) was 107.86 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 161.97 in 2009 and a minimum value of 107.86 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 161.97
2010 136.13
2011 131.55
2012 128.11
2013 121.34
2014 116.21
2015 112.78
2016 111.84
2017 110.70
2018 109.22
2019 107.86

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

Firms that do not report all sales for tax purposes (% of firms) in Heavily indebted poor countries (HIPC) was 67.11 as of 2009. Its highest value over the past 7 years was 67.11 in 2009, while its lowest value was 48.41 in 2007.

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
2002 53.50
2003 59.79
2004 56.96
2006 58.74
2007 48.41
2009 67.11

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
2020 73.86

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
2020 15.62

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
2020 22.18

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
2020 17.51

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Heavily indebted poor countries (HIPC) was 15.94 as of 2019. Its highest value over the past 14 years was 15.94 in 2019, while its lowest value was 14.07 in 2009.

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 14.40
2006 14.08
2007 14.08
2008 14.08
2009 14.07
2010 14.27
2011 14.78
2012 14.94
2013 15.14
2014 15.53
2015 15.56
2016 15.63
2017 15.67
2018 15.69
2019 15.94

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Heavily indebted poor countries (HIPC) was 20.47 as of 2019. Its highest value over the past 14 years was 50.97 in 2006, while its lowest value was 19.16 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 47.35
2006 50.97
2007 50.05
2008 49.04
2009 49.55
2010 46.94
2011 33.42
2012 32.74
2013 24.36
2014 19.24
2015 19.16
2016 19.30
2017 19.92
2018 20.17
2019 20.47

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Heavily indebted poor countries (HIPC) was 16.87 as of 2019. Its highest value over the past 14 years was 18.53 in 2005, while its lowest value was 16.28 in 2010.

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 18.53
2006 17.18
2007 16.91
2008 16.87
2009 16.70
2010 16.28
2011 16.91
2012 17.35
2013 17.18
2014 16.35
2015 16.80
2016 16.95
2017 16.92
2018 16.81
2019 16.87

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment