Namibia - 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 Namibia was 0.56 as of 2020. Its highest value over the past 14 years was 1.96 in 2018, while its lowest value was 0.56 in 2020.

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 0.60
2007 0.61
2008 0.83
2009 0.72
2010 0.60
2011 0.66
2012 0.81
2013 0.79
2014 0.83
2015 0.89
2016 1.01
2017 0.80
2018 1.96
2019 0.78
2020 0.56

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
2006 9.20
2014 20.30

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
2006 0.400
2014 0.600

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
2006 24.10
2014 26.90

Time required to get electricity (days)

The value for Time required to get electricity (days) in Namibia was 37.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 54.00 in 2011 and a minimum value of 37.00 in 2012.

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 54.00
2010 54.00
2011 54.00
2012 37.00
2013 37.00
2014 37.00
2015 37.00
2016 37.00
2017 37.00
2018 37.00
2019 37.00

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/).

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Year Value
2006 45.48

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
2006 23.50
2014 35.90

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
2014 42.20

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
2006 44.10
2014 28.20

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
2006 2.60
2014 5.30

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Namibia was 1.90 as of 2019. Its highest value over the past 14 years was 1.90 in 2019, while its lowest value was 1.00 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/).

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Year Value
2005 1.00
2006 1.00
2007 1.00
2008 1.00
2009 1.00
2010 1.00
2011 1.00
2012 1.00
2013 1.00
2014 1.00
2015 1.90
2016 1.90
2017 1.90
2018 1.90
2019 1.90

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Namibia was 2.20 as of 2019. Its highest value over the past 14 years was 6.00 in 2007, while its lowest value was 2.20 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 5.90
2006 5.90
2007 6.00
2008 3.80
2009 3.10
2010 3.10
2011 3.10
2012 3.10
2013 2.20
2014 2.20
2015 2.20
2016 2.20
2017 2.20
2018 2.20
2019 2.20

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Namibia was 16.70 as of 2019. Its highest value over the past 14 years was 18.90 in 2007, while its lowest value was 16.70 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 18.90
2006 18.90
2007 18.90
2008 18.00
2009 18.20
2010 18.20
2011 17.70
2012 17.70
2013 18.00
2014 17.50
2015 17.20
2016 16.70
2017 16.70
2018 16.70
2019 16.70

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment