Armenia - 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 Armenia was 2.86 as of 2020. Its highest value over the past 14 years was 3.43 in 2019, while its lowest value was 1.25 in 2006.

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 1.25
2007 1.65
2008 1.68
2009 1.29
2010 1.26
2011 1.32
2012 1.59
2013 1.58
2014 1.57
2015 1.73
2016 1.74
2017 2.20
2018 3.05
2019 3.43
2020 2.86

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/).

See also:

Year Value
2002 2.40
2005 2.50
2009 16.30
2013 5.90
2020 6.50

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
2009 0.90
2013 0.40
2020 2.50

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
2009 41.00
2013 34.40
2020 62.70

Time required to get electricity (days)

The value for Time required to get electricity (days) in Armenia was 72.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 235.00 in 2012 and a minimum value of 72.00 in 2018.

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 235.00
2010 235.00
2011 235.00
2012 235.00
2013 180.00
2014 180.00
2015 138.00
2016 138.00
2017 127.00
2018 72.00
2019 72.00

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
2002 33.33
2005 27.27

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/).

See also:

Year Value
2009 78.50
2013 76.00
2020 59.60

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/).

See also:

Year Value
2013 4.70
2020 11.20

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/).

See also:

Year Value
2009 11.10
2013 4.50
2020 8.60

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
2002 34.00
2005 70.50
2009 13.30
2013 6.10
2020 0.10

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Armenia was 0.00 as of 2019. Its highest value over the past 14 years was 23.00 in 2012, while its lowest value was 0.00 in 2014.

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 19.90
2006 19.90
2007 23.00
2008 23.00
2009 23.00
2010 23.00
2011 23.00
2012 23.00
2013 19.40
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00
2019 0.00

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Armenia was 0.800 as of 2019. Its highest value over the past 14 years was 0.900 in 2012, while its lowest value was 0.800 in 2013.

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 0.900
2006 0.900
2007 0.900
2008 0.900
2009 0.900
2010 0.900
2011 0.900
2012 0.900
2013 0.800
2014 0.800
2015 0.800
2016 0.800
2017 0.800
2018 0.800
2019 0.800

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Armenia was 21.80 as of 2019. Its highest value over the past 14 years was 21.80 in 2019, while its lowest value was 14.80 in 2007.

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 15.80
2006 15.80
2007 14.80
2008 14.80
2009 14.80
2010 14.80
2011 14.90
2012 14.90
2013 15.70
2014 19.30
2015 19.10
2016 17.60
2017 17.60
2018 17.60
2019 21.80

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment