Ecuador - Informality

Firms competing against unregistered firms (% of firms)

Definition: Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 65.40
2010 65.70
2017 67.10

Firms formally registered when operations started (% of firms)

Definition: Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 91.10
2010 85.10
2017 88.40

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment