Lao PDR - 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 Lao PDR was 0.151 as of 2020. Its highest value over the past 12 years was 0.198 in 2019, while its lowest value was 0.011 in 2008.

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
2008 0.011
2009 0.048
2010 0.040
2011 0.054
2012 0.054
2013 0.053
2014 0.049
2015 0.053
2016 0.061
2017 0.072
2018 0.095
2019 0.198
2020 0.151

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
2012 22.70
2016 23.40
2018 14.70

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
2009 0.00
2012 2.30
2016 0.90
2018 0.20

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
2009 1.10
2012 88.70
2016 51.90
2018 78.50

Time required to get electricity (days)

The value for Time required to get electricity (days) in Lao PDR was 87.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 135.00 in 2014 and a minimum value of 87.00 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/).

See also:

Year Value
2009 135.00
2010 135.00
2011 135.00
2012 135.00
2013 135.00
2014 135.00
2015 105.00
2016 105.00
2017 105.00
2018 105.00
2019 87.00

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
2006 14.88

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
2009 80.10
2012 92.90
2016 91.50
2018 85.40

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
2016 3.40
2018 1.40

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
2009 21.70
2012 25.50
2016 4.00
2018 9.50

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/).

See also:

Year Value
2009 26.20
2012 23.50
2016 13.70
2018 35.20

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Lao PDR was 6.80 as of 2019. Its highest value over the past 14 years was 6.80 in 2019, while its lowest value was 5.60 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/).

See also:

Year Value
2005 5.60
2006 5.60
2007 5.60
2008 5.60
2009 5.60
2010 5.60
2011 5.60
2012 5.60
2013 5.60
2014 5.60
2015 5.60
2016 6.80
2017 6.80
2018 6.80
2019 6.80

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Lao PDR was 0.90 as of 2019. Its highest value over the past 14 years was 3.70 in 2017, while its lowest value was 0.60 in 2009.

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 2.50
2006 2.50
2007 2.50
2008 2.50
2009 0.60
2010 0.70
2011 0.70
2012 0.70
2013 0.60
2014 3.70
2015 3.70
2016 3.70
2017 3.70
2018 0.90
2019 0.90

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Lao PDR was 16.40 as of 2019. Its highest value over the past 14 years was 27.10 in 2007, while its lowest value was 15.80 in 2016.

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 27.10
2006 27.10
2007 27.10
2008 25.40
2009 25.10
2010 25.10
2011 25.10
2012 25.10
2013 20.10
2014 16.50
2015 16.00
2016 15.80
2017 15.80
2018 16.40
2019 16.40

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment