Peru - 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 Peru was 3.80 as of 2020. Its highest value over the past 14 years was 4.12 in 2019, while its lowest value was 2.14 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 2.14
2007 2.66
2008 3.08
2009 3.06
2010 3.26
2011 3.81
2012 3.97
2013 3.90
2014 3.83
2015 4.04
2016 3.75
2017 3.84
2018 3.77
2019 4.12
2020 3.80

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 81.60
2010 33.40
2017 79.00

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 0.200
2010 0.600
2017 0.500

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
2006 28.40
2010 36.80
2017 52.20

Time required to get electricity (days)

The value for Time required to get electricity (days) in Peru was 67.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 67.00 in 2019 and a minimum value of 67.00 in 2009.

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 67.00
2010 67.00
2011 67.00
2012 67.00
2013 67.00
2014 67.00
2015 67.00
2016 67.00
2017 67.00
2018 67.00
2019 67.00

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 27.15

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 54.70
2010 62.60
2017 57.10

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
2006 38.10
2010 49.00
2017 22.90

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 26.60
2010 23.60
2017 18.90

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 1.60
2010 8.40
2017 7.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Peru was 11.00 as of 2019. Its highest value over the past 14 years was 11.80 in 2008, while its lowest value was 11.00 in 2009.

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 11.80
2006 11.80
2007 11.80
2008 11.80
2009 11.00
2010 11.00
2011 11.00
2012 11.00
2013 11.00
2014 11.00
2015 11.00
2016 11.00
2017 11.00
2018 11.00
2019 11.00

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Peru was 3.20 as of 2019. Its highest value over the past 14 years was 3.20 in 2019, while its lowest value was 2.10 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 2.30
2006 2.20
2007 2.20
2008 2.20
2009 2.10
2010 3.20
2011 3.10
2012 2.80
2013 3.20
2014 3.20
2015 3.20
2016 3.20
2017 3.20
2018 3.20
2019 3.20

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Peru was 22.70 as of 2019. Its highest value over the past 14 years was 25.10 in 2009, while its lowest value was 21.40 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 24.80
2006 24.80
2007 24.80
2008 25.10
2009 25.10
2010 23.90
2011 23.50
2012 23.60
2013 23.20
2014 23.10
2015 23.10
2016 21.40
2017 21.40
2018 22.70
2019 22.70

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment