IBRD only - 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 IBRD only was 3.77 as of 2020. Its highest value over the past 10 years was 3.77 in 2020, while its lowest value was 1.80 in 2010.

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
2010 1.80
2011 1.84
2012 1.91
2013 2.11
2014 2.93
2015 3.22
2016 3.68
2017 3.66
2018 3.68
2019 3.67
2020 3.77

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 40.09

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 2.34

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
2020 41.31

Time required to get electricity (days)

The value for Time required to get electricity (days) in IBRD only was 80.41 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 106.02 in 2009 and a minimum value of 80.41 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/).

See also:

Year Value
2009 106.02
2010 104.97
2011 104.97
2012 103.66
2013 99.52
2014 99.37
2015 93.49
2016 90.68
2017 87.55
2018 82.54
2019 80.41

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 IBRD only was 45.35 as of 2009. Its highest value over the past 7 years was 57.74 in 2003, while its lowest value was 29.50 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/).

See also:

Year Value
2002 51.55
2003 57.74
2004 55.53
2005 43.62
2006 47.95
2007 29.50
2008 30.00
2009 45.35

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 43.50

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
2020 13.01

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 13.29

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 10.64

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in IBRD only was 17.05 as of 2019. Its highest value over the past 14 years was 18.46 in 2005, while its lowest value was 16.60 in 2012.

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 18.46
2006 18.14
2007 17.87
2008 17.94
2009 17.34
2010 17.17
2011 16.83
2012 16.60
2013 17.50
2014 17.33
2015 17.24
2016 17.25
2017 17.07
2018 17.22
2019 17.05

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in IBRD only was 7.16 as of 2019. Its highest value over the past 14 years was 9.56 in 2005, while its lowest value was 7.10 in 2016.

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 9.56
2006 9.31
2007 9.10
2008 8.21
2009 7.95
2010 8.16
2011 8.26
2012 7.56
2013 7.31
2014 7.78
2015 7.73
2016 7.10
2017 7.20
2018 7.22
2019 7.16

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in IBRD only was 17.24 as of 2019. Its highest value over the past 14 years was 19.49 in 2005, while its lowest value was 16.59 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 19.49
2006 18.95
2007 18.61
2008 18.36
2009 17.37
2010 16.86
2011 16.95
2012 16.59
2013 17.05
2014 16.81
2015 16.83
2016 17.21
2017 17.40
2018 17.27
2019 17.24

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment