Philippines - 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 Philippines was 0.215 as of 2020. Its highest value over the past 14 years was 0.364 in 2017, while its lowest value was 0.201 in 2010.

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 0.253
2007 0.228
2008 0.244
2009 0.202
2010 0.201
2011 0.295
2012 0.305
2013 0.327
2014 0.333
2015 0.333
2016 0.341
2017 0.364
2018 0.295
2019 0.315
2020 0.215

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 23.10
2015 18.60

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 0.500
2015 0.100

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
2009 55.40
2015 39.90

Time required to get electricity (days)

The value for Time required to get electricity (days) in Philippines was 37.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 42.00 in 2016 and a minimum value of 37.00 in 2017.

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 42.00
2010 42.00
2011 42.00
2012 42.00
2013 42.00
2014 42.00
2015 42.00
2016 42.00
2017 37.00
2018 37.00
2019 37.00

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/).

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Year Value
2009 87.20
2015 73.90

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
2015 21.90

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
2009 29.20
2015 17.00

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/).

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Year Value
2009 21.80
2015 14.10

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Philippines was 8.90 as of 2019. Its highest value over the past 14 years was 10.80 in 2012, while its lowest value was 8.00 in 2013.

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 9.50
2006 9.50
2007 9.50
2008 9.80
2009 9.80
2010 9.80
2011 10.80
2012 10.80
2013 8.00
2014 8.00
2015 8.70
2016 8.70
2017 8.70
2018 8.70
2019 8.90

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Philippines was 14.00 as of 2019. Its highest value over the past 14 years was 17.60 in 2007, while its lowest value was 14.00 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 17.60
2006 17.60
2007 17.60
2008 14.20
2009 14.20
2010 14.20
2011 14.20
2012 14.20
2013 14.00
2014 14.00
2015 14.00
2016 14.00
2017 14.00
2018 14.00
2019 14.00

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Philippines was 20.20 as of 2019. Its highest value over the past 14 years was 23.10 in 2009, while its lowest value was 19.50 in 2011.

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 20.10
2006 20.50
2007 22.00
2008 23.10
2009 23.10
2010 19.80
2011 19.50
2012 19.60
2013 20.50
2014 20.50
2015 20.30
2016 20.30
2017 20.30
2018 20.30
2019 20.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment