Lao PDR - Informality
Firms competing against unregistered firms (% of firms)
Definition: Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.
Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).
See also:
Year | Value |
---|---|
2009 | 12.80 |
2012 | 42.30 |
2016 | 77.20 |
2018 | 39.90 |
Firms formally registered when operations started (% of firms)
Definition: Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.
Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).
See also:
Year | Value |
---|---|
2009 | 93.50 |
2012 | 85.80 |
2016 | 96.30 |
2018 | 77.60 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment