Ghana - 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 Ghana was 0.87 as of 2012. Its highest value over the past 6 years was 1.10 in 2009, while its lowest value was 0.60 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 0.60
2007 0.74
2008 1.07
2009 1.10
2010 0.96
2011 1.06
2012 0.87

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
2007 24.40
2013 44.70

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
2007 9.50
2013 8.40

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
2007 98.40
2013 89.10

Time required to get electricity (days)

The value for Time required to get electricity (days) in Ghana was 55.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 79.00 in 2016 and a minimum value of 55.00 in 2019.

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 79.00
2010 79.00
2011 79.00
2012 79.00
2013 79.00
2014 79.00
2015 79.00
2016 79.00
2017 78.00
2018 78.00
2019 55.00

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
2007 59.20

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
2007 93.80
2013 87.90

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 22.90

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
2007 24.30
2013 20.10

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
2007 18.10
2013 11.40

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Ghana was 14.70 as of 2019. Its highest value over the past 14 years was 14.70 in 2019, while its lowest value was 14.10 in 2005.

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 14.10
2006 14.10
2007 14.10
2008 14.10
2009 14.10
2010 14.10
2011 14.70
2012 14.70
2013 14.70
2014 14.70
2015 14.70
2016 14.70
2017 14.70
2018 14.70
2019 14.70

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Ghana was 30.70 as of 2019. Its highest value over the past 14 years was 30.70 in 2019, while its lowest value was 0.00 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 0.20
2006 0.20
2007 0.20
2008 0.30
2009 0.30
2010 0.30
2011 0.30
2012 0.20
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00
2019 30.70

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Ghana was 10.00 as of 2019. Its highest value over the past 14 years was 24.80 in 2005, while its lowest value was 10.00 in 2019.

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 24.80
2006 21.00
2007 17.90
2008 17.60
2009 17.60
2010 17.60
2011 18.00
2012 18.00
2013 18.00
2014 18.00
2015 18.00
2016 18.00
2017 18.50
2018 17.70
2019 10.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment