Latvia - Cost of business start up procedures

Cost of business start-up procedures (% of GNI per capita)

Cost of business start-up procedures (% of GNI per capita) in Latvia was 2.60 as of 2011. Its highest value over the past 8 years was 10.10 in 2003, while its lowest value was 1.50 in 2010.

Definition: Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 10.10
2004 9.30
2005 4.20
2006 3.50
2007 3.00
2008 2.30
2009 2.10
2010 1.50
2011 2.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment