New Zealand - 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 New Zealand was 17.88 as of 2020. Its highest value over the past 14 years was 25.04 in 2007, while its lowest value was 14.53 in 2011.

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 24.39
2007 25.04
2008 18.84
2009 16.88
2010 15.62
2011 14.53
2012 15.07
2013 15.54
2014 16.51
2015 17.37
2016 18.92
2017 18.52
2018 17.78
2019 16.55
2020 17.88

Time required to get electricity (days)

The value for Time required to get electricity (days) in New Zealand was 58.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 69.00 in 2012 and a minimum value of 58.00 in 2015.

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 69.00
2010 69.00
2011 69.00
2012 69.00
2013 64.00
2014 64.00
2015 58.00
2016 58.00
2017 58.00
2018 58.00
2019 58.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in New Zealand was 2.80 as of 2019. Its highest value over the past 14 years was 3.70 in 2012, while its lowest value was 2.40 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 2.40
2006 2.40
2007 2.40
2008 2.40
2009 2.60
2010 3.00
2011 2.90
2012 3.70
2013 3.10
2014 3.00
2015 2.70
2016 2.50
2017 2.80
2018 2.80
2019 2.80

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in New Zealand was 1.90 as of 2019. Its highest value over the past 14 years was 1.90 in 2019, while its lowest value was 1.10 in 2005.

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 1.10
2006 1.10
2007 1.10
2008 1.30
2009 1.40
2010 1.50
2011 1.70
2012 1.70
2013 1.40
2014 1.40
2015 1.60
2016 1.80
2017 1.80
2018 1.80
2019 1.90

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in New Zealand was 29.90 as of 2019. Its highest value over the past 14 years was 33.10 in 2005, while its lowest value was 28.60 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 33.10
2006 31.90
2007 32.00
2008 32.30
2009 29.20
2010 30.20
2011 29.90
2012 28.60
2013 30.00
2014 30.00
2015 30.00
2016 30.00
2017 29.90
2018 29.90
2019 29.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment