Lesotho - 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 Lesotho was 1.47 as of 2020. Its highest value over the past 14 years was 2.83 in 2018, while its lowest value was 0.75 in 2006.

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
2006 0.75
2007 0.89
2008 1.18
2009 1.26
2010 1.43
2011 1.30
2012 1.46
2013 1.64
2014 1.54
2015 2.02
2016 1.79
2017 1.88
2018 2.83
2019 2.16
2020 1.47

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
2009 13.90
2016 12.20

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
2009 4.10
2016 2.20

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 61.70
2016 71.80

Time required to get electricity (days)

The value for Time required to get electricity (days) in Lesotho was 114.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 140.00 in 2011 and a minimum value of 114.00 in 2013.

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 140.00
2010 140.00
2011 140.00
2012 125.00
2013 114.00
2014 114.00
2015 114.00
2016 114.00
2017 114.00
2018 114.00
2019 114.00

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 65.80
2016 66.80

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 1.000

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
2009 55.60
2016 24.00

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 9.20
2016 15.70

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Lesotho was 0.000 as of 2019. Its highest value over the past 14 years was 0.000 in 2019, while its lowest value was 0.000 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 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Lesotho was 2.80 as of 2019. Its highest value over the past 14 years was 3.40 in 2010, while its lowest value was 2.80 in 2013.

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 3.00
2006 3.00
2007 3.00
2008 3.40
2009 3.40
2010 3.40
2011 3.20
2012 2.90
2013 2.80
2014 2.80
2015 2.80
2016 2.80
2017 2.80
2018 2.80
2019 2.80

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Lesotho was 10.80 as of 2019. Its highest value over the past 14 years was 17.10 in 2006, while its lowest value was 10.80 in 2008.

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 17.10
2006 17.10
2007 12.90
2008 10.80
2009 10.80
2010 10.80
2011 10.80
2012 10.80
2013 10.80
2014 10.80
2015 10.80
2016 10.80
2017 10.80
2018 10.80
2019 10.80

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment