Suriname - 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 Suriname was 2.30 as of 2020. Its highest value over the past 14 years was 2.46 in 2019, while its lowest value was 0.34 in 2007.

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 0.36
2007 0.34
2008 0.51
2009 0.42
2010 0.63
2011 1.16
2012 1.66
2013 1.66
2014 1.37
2015 1.13
2016 1.41
2017 2.29
2018 2.34
2019 2.46
2020 2.30

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
2010 44.40
2018 262.30

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
2010 0.70
2018 2.80

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
2010 47.20
2018 86.00

Time required to get electricity (days)

The value for Time required to get electricity (days) in Suriname was 113.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 128.00 in 2009 and a minimum value of 113.00 in 2010.

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 128.00
2010 113.00
2011 113.00
2012 113.00
2013 113.00
2014 113.00
2015 113.00
2016 113.00
2017 113.00
2018 113.00
2019 113.00

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
2010 65.30
2018 24.30

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
2010 4.30
2018 19.70

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
2010 15.60
2018 34.40

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
2010 1.80
2018 7.70

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Suriname 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 Suriname 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: 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 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

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Suriname was 27.90 as of 2019. Its highest value over the past 14 years was 27.90 in 2019, while its lowest value was 27.90 in 2005.

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 27.90
2006 27.90
2007 27.90
2008 27.90
2009 27.90
2010 27.90
2011 27.90
2012 27.90
2013 27.90
2014 27.90
2015 27.90
2016 27.90
2017 27.90
2018 27.90
2019 27.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment