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 0.520 as of 2012. Its highest value over the past 8 years was 0.751 in 2008, while its lowest value was 0.520 in 2012.

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 0.644
2005 0.630
2006 0.698
2007 0.697
2008 0.751
2009 0.682
2010 0.674
2011 0.636
2012 0.520

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/).

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Year Value
2006 35.30
2010 17.80

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
2006 1.20
2010 2.20

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
2006 39.90
2010 61.40

Time required to get electricity (days)

The value for Time required to get electricity (days) in Guatemala was 44.00 as of 2017. As the graph below shows, over the past 8 years this indicator reached a maximum value of 44.00 in 2017 and a minimum value of 44.00 in 2009.

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/).

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Year Value
2009 44.00
2010 44.00
2011 44.00
2012 44.00
2013 44.00
2014 44.00
2015 44.00
2016 44.00
2017 44.00

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/).

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Year Value
2006 44.17

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
2006 54.60
2010 60.80

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
2006 26.70
2010 32.80

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
2006 30.80
2010 34.70

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
2006 3.80
2010 3.90

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Guatemala was 14.30 as of 2017. Its highest value over the past 12 years was 14.30 in 2017, while its lowest value was 14.30 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/).

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Year Value
2005 14.30
2006 14.30
2007 14.30
2008 14.30
2009 14.30
2010 14.30
2011 14.30
2012 14.30
2013 14.30
2014 14.30
2015 14.30
2016 14.30
2017 14.30

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Guatemala was 0.70 as of 2017. Its highest value over the past 12 years was 2.30 in 2008, while its lowest value was 0.70 in 2005.

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 0.70
2006 0.70
2007 0.70
2008 2.30
2009 0.70
2010 0.70
2011 0.70
2012 0.70
2013 0.70
2014 0.70
2015 0.70
2016 0.70
2017 0.70

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Guatemala was 20.20 as of 2017. Its highest value over the past 12 years was 26.10 in 2007, while its lowest value was 20.20 in 2016.

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 26.10
2006 26.10
2007 26.10
2008 24.40
2009 25.90
2010 25.90
2011 25.90
2012 25.90
2013 25.90
2014 24.90
2015 22.50
2016 20.20
2017 20.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment