World - 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 World was 3.53 as of 2020. Its highest value over the past 10 years was 3.53 in 2020, while its lowest value was 1.86 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).

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Year Value
2010 1.86
2011 1.92
2012 1.98
2013 2.15
2014 2.77
2015 2.90
2016 3.21
2017 3.15
2018 3.17
2019 3.44
2020 3.53

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
2020 41.76

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
2020 5.97

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
2020 52.17

Time required to get electricity (days)

The value for Time required to get electricity (days) in World was 82.50 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 113.72 in 2009 and a minimum value of 82.50 in 2019.

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 113.72
2010 107.63
2011 105.71
2012 104.31
2013 104.79
2014 99.50
2015 92.34
2016 90.54
2017 88.38
2018 84.88
2019 82.50

Firms that do not report all sales for tax purposes (% of firms)

Firms that do not report all sales for tax purposes (% of firms) in World was 82.33 as of 2010. Its highest value over the past 8 years was 82.33 in 2010, while its lowest value was 30.00 in 2008.

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
2002 50.85
2003 56.56
2004 56.01
2005 40.10
2006 50.49
2007 45.12
2008 30.00
2009 60.26
2010 82.33

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
2020 51.31

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
2020 14.07

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
2020 16.50

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
2020 12.59

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in World was 16.28 as of 2019. Its highest value over the past 14 years was 16.87 in 2005, while its lowest value was 15.95 in 2010.

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 16.87
2006 16.57
2007 16.30
2008 16.28
2009 16.01
2010 15.95
2011 15.95
2012 15.97
2013 16.18
2014 16.20
2015 16.21
2016 16.25
2017 16.09
2018 16.18
2019 16.28

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in World was 8.09 as of 2019. Its highest value over the past 14 years was 17.52 in 2005, while its lowest value was 7.87 in 2016.

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 17.52
2006 17.35
2007 17.02
2008 16.45
2009 16.13
2010 15.31
2011 12.46
2012 11.95
2013 9.55
2014 8.23
2015 8.20
2016 7.87
2017 8.04
2018 8.05
2019 8.09

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in World was 16.02 as of 2019. Its highest value over the past 14 years was 18.72 in 2005, while its lowest value was 15.62 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 18.72
2006 18.00
2007 17.41
2008 17.09
2009 16.43
2010 15.98
2011 15.78
2012 15.62
2013 16.17
2014 16.15
2015 16.06
2016 16.20
2017 16.23
2018 16.07
2019 16.02

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment