Central Europe and the Baltics - 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 Central Europe and the Baltics was 3.67 as of 2020. Its highest value over the past 14 years was 4.05 in 2019, while its lowest value was 2.64 in 2009.

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 2.92
2007 3.31
2008 3.38
2009 2.64
2010 2.76
2011 3.26
2012 3.10
2013 3.26
2014 2.98
2015 3.20
2016 3.53
2017 3.98
2018 3.96
2019 4.05
2020 3.67

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 59.40

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 0.455

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 27.50

Time required to get electricity (days)

The value for Time required to get electricity (days) in Central Europe and the Baltics was 121.45 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 135.55 in 2010 and a minimum value of 112.91 in 2015.

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 135.55
2010 135.55
2011 129.64
2012 130.36
2013 124.36
2014 118.82
2015 112.91
2016 122.82
2017 122.73
2018 122.73
2019 121.45

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/).

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Year Value
2002 46.65
2003 33.66
2004 35.11
2005 35.66
2007 16.38

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 28.73

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 9.09

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 10.95

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 3.04

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Central Europe and the Baltics was 26.61 as of 2019. Its highest value over the past 14 years was 33.02 in 2005, while its lowest value was 26.61 in 2019.

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 33.02
2006 32.78
2007 31.73
2008 31.61
2009 30.82
2010 30.05
2011 29.69
2012 29.80
2013 29.65
2014 29.59
2015 29.56
2016 29.23
2017 29.24
2018 28.83
2019 26.61

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Central Europe and the Baltics was 1.60 as of 2019. Its highest value over the past 14 years was 3.55 in 2012, while its lowest value was 1.55 in 2014.

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 2.97
2006 2.45
2007 2.10
2008 2.01
2009 2.21
2010 1.81
2011 2.65
2012 3.55
2013 1.66
2014 1.55
2015 1.61
2016 1.68
2017 1.67
2018 1.66
2019 1.60

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Central Europe and the Baltics was 8.44 as of 2019. Its highest value over the past 14 years was 8.92 in 2005, while its lowest value was 7.92 in 2006.

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 8.92
2006 7.92
2007 8.47
2008 8.36
2009 8.35
2010 8.86
2011 8.45
2012 8.08
2013 7.95
2014 7.97
2015 8.21
2016 8.09
2017 8.09
2018 7.99
2019 8.44

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment