Guatemala - 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 Guatemala was 0.68 as of 2009. Its highest value over the past 5 years was 0.75 in 2008, while its lowest value was 0.64 in 2005.
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://econ.worldbank.org/research/entrepreneurship).
See also:
| Year | Value |
|---|---|
| 2004 | 0.65 |
| 2005 | 0.64 |
| 2006 | 0.71 |
| 2007 | 0.70 |
| 2008 | 0.75 |
| 2009 | 0.68 |
Delay in obtaining an electrical connection (days)
Definition: Delay in obtaining an electrical connection is 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/).
See also:
| Year | Value |
|---|---|
| 2006 | 35.28 |
| 2010 | 17.76 |
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/).
See also:
| Year | Value |
|---|---|
| 2006 | 3.00 |
| 2010 | 3.76 |
Time required to get electricity (days)
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 | 39.00 |
| 2010 | 39.00 |
| 2011 | 39.00 |
Firing cost (weeks of wages)
The value for Firing cost (weeks of wages) in Guatemala was 101.00 as of 2009. As the graph below shows, over the past 6 years this indicator reached a maximum value of 101.00 in 2009 and a minimum value of 101.00 in 2003.
Definition: Firing cost is the cost of advanced notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2003 | 101.00 |
| 2004 | 101.00 |
| 2005 | 101.00 |
| 2006 | 101.00 |
| 2007 | 101.00 |
| 2008 | 101.00 |
| 2009 | 101.00 |
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 | 44.17 |
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/).
See also:
| Year | Value |
|---|---|
| 2006 | 3.75 |
| 2010 | 3.93 |
Labor tax and contributions (% of commercial profits)
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 |
|---|---|
| 2011 | 14.30 |
Other taxes payable by businesses (% of commercial profits)
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 |
|---|---|
| 2011 | 0.70 |
Profit tax (% of commercial profits)
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 |
|---|---|
| 2011 | 25.90 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
