Honduras - Ease of doing business

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
2006 27.60
2010 23.30
2016 25.90

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 1.90
2010 2.30
2016 2.40

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/).

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Year Value
2006 66.10
2010 62.80
2016 69.80

Time required to get electricity (days)

The value for Time required to get electricity (days) in Honduras was 39.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 39.00 in 2019 and a minimum value of 39.00 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 39.00
2010 39.00
2011 39.00
2012 39.00
2013 39.00
2014 39.00
2015 39.00
2016 39.00
2017 39.00
2018 39.00
2019 39.00

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 36.02

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 64.00
2010 62.90
2016 43.10

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 15.50
2010 29.20
2016 7.40

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 39.70
2010 30.90
2016 27.70

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 6.10
2010 2.80
2016 3.90

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Honduras was 8.80 as of 2019. Its highest value over the past 14 years was 10.70 in 2011, while its lowest value was 5.10 in 2012.

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 10.70
2006 10.70
2007 10.70
2008 10.70
2009 10.70
2010 10.70
2011 10.70
2012 5.10
2013 7.80
2014 7.80
2015 7.80
2016 7.80
2017 8.10
2018 8.40
2019 8.80

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Honduras was 1.10 as of 2019. Its highest value over the past 14 years was 1.30 in 2012, while its lowest value was 1.10 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 1.30
2006 1.30
2007 1.30
2008 1.30
2009 1.30
2010 1.30
2011 1.30
2012 1.30
2013 1.10
2014 1.10
2015 1.10
2016 1.10
2017 1.10
2018 1.10
2019 1.10

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Honduras was 29.20 as of 2019. Its highest value over the past 14 years was 31.30 in 2017, while its lowest value was 25.20 in 2005.

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 25.20
2006 25.20
2007 25.20
2008 25.20
2009 25.20
2010 25.20
2011 26.70
2012 28.70
2013 30.70
2014 29.90
2015 31.30
2016 31.30
2017 31.30
2018 31.20
2019 29.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment