Cost of business start-up procedures, male (% of GNI per capita) - Country Ranking

Definition: Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Venezuela 351.60 2017
2 Somalia 203.60 2017
3 Haiti 200.20 2017
4 Chad 171.30 2017
5 Central African Republic 154.70 2017
6 The Gambia 128.20 2017
7 Zimbabwe 110.00 2017
8 Equatorial Guinea 103.40 2017
9 Suriname 97.80 2017
10 Comoros 84.10 2017
11 Afghanistan 82.30 2017
12 Congo 77.70 2017
13 Yemen 73.50 2017
14 Guinea 67.50 2017
15 Togo 66.00 2017
16 Nicaragua 65.40 2017
17 Mali 58.40 2017
18 Ethiopia 57.80 2017
19 Bolivia 54.00 2017
20 Cambodia 51.30 2017
21 Guinea-Bissau 48.90 2017
22 Malawi 44.60 2017
22 Rwanda 44.60 2017
24 Vanuatu 44.40 2017
25 Iraq 43.30 2017
26 Tanzania 42.90 2017
27 Burkina Faso 42.60 2017
28 Lebanon 42.00 2017
29 El Salvador 41.40 2017
30 Honduras 41.30 2017
31 Kiribati 40.20 2017
32 Myanmar 40.10 2017
33 Paraguay 39.90 2017
34 Sierra Leone 36.20 2017
35 Madagascar 35.80 2017
36 Cameroon 35.50 2017
37 Djibouti 35.20 2017
38 Belize 34.60 2017
39 Zambia 34.20 2017
40 Burundi 33.90 2017
41 Senegal 33.80 2017
42 Uganda 33.60 2017
43 Libya 30.30 2017
44 Solomon Islands 28.90 2017
45 Nigeria 28.80 2017
46 Dem. Rep. Congo 28.60 2017
47 Sudan 27.80 2017
48 Eritrea 27.00 2017
49 Kenya 26.30 2017
50 Nepal 24.90 2017
51 Jordan 24.20 2017
52 Guatemala 22.90 2017
53 Uruguay 22.50 2017
54 Bangladesh 22.30 2017
55 Ecuador 21.90 2017
56 St. Lucia 21.50 2017
57 Tajikistan 19.30 2017
57 Mauritania 19.30 2017
59 Mozambique 18.10 2017
60 Ghana 17.50 2017
61 Angola 17.40 2017
62 Mexico 17.00 2017
63 Fiji 16.90 2017
64 Côte d'Ivoire 16.50 2017
65 Swaziland 16.40 2017
66 St. Vincent and the Grenadines 15.80 2017
66 Philippines 15.80 2017
68 Liberia 15.70 2017
69 Dominica 15.50 2017
70 Cabo Verde 15.40 2017
71 Grenada 15.30 2017
72 India 14.80 2017
73 Korea 14.60 2017
74 Dominican Republic 14.50 2017
75 Colombia 14.00 2017
76 The Bahamas 13.80 2017
77 Italy 13.70 2017
78 United Arab Emirates 13.40 2017
79 São Tomé and Principe 13.20 2017
79 Seychelles 13.20 2017
81 Turkey 12.80 2017
82 Cyprus 12.40 2017
83 Albania 12.00 2017
83 Poland 12.00 2017
85 Papua New Guinea 11.50 2017
86 Namibia 11.30 2017
87 Algeria 11.10 2017
88 Indonesia 10.90 2017
89 Sri Lanka 10.40 2017
89 Argentina 10.40 2017
91 Peru 10.00 2017
92 Guyana 9.80 2017
93 Antigua and Barbuda 9.10 2017
93 San Marino 9.10 2017
95 Costa Rica 8.50 2017
96 Niger 8.30 2017
97 Morocco 8.00 2017
98 Syrian Arab Republic 7.90 2017
99 Bosnia and Herzegovina 7.70 2017
99 Lesotho 7.70 2017
101 Barbados 7.60 2017
101 Pakistan 7.60 2017
103 Japan 7.50 2017
104 Egypt 7.40 2017
105 Malta 7.30 2017
105 Samoa 7.30 2017
107 St. Kitts and Nevis 7.20 2017
107 Gabon 7.20 2017
107 Croatia 7.20 2017
110 Tonga 7.10 2017
111 Saudi Arabia 6.80 2017
112 Qatar 6.70 2017
113 Vietnam 6.50 2017
114 Thailand 6.20 2017
115 Panama 5.70 2017
116 Moldova 5.60 2017
116 Belgium 5.60 2017
118 Hungary 5.40 2017
118 Malaysia 5.40 2017
120 Austria 5.10 2017
121 Brazil 5.00 2017
122 Spain 4.80 2017
122 Jamaica 4.80 2017
124 Tunisia 4.60 2017
125 Netherlands 4.40 2017
126 Oman 4.00 2017
127 Bhutan 3.90 2017
128 Benin 3.60 2017
129 Lao PDR 3.50 2017
130 Israel 3.20 2017
131 Uzbekistan 3.10 2017
132 Chile 3.00 2017
133 Palau 2.90 2017
134 Georgia 2.50 2017
135 Switzerland 2.30 2017
135 Serbia 2.30 2017
137 Greece 2.20 2017
138 Portugal 2.10 2017
138 Kyrgyz Republic 2.10 2017
140 Germany 1.90 2017
141 Azerbaijan 1.80 2017
141 Iceland 1.80 2017
141 Latvia 1.80 2017
144 Luxembourg 1.70 2017
144 Kuwait 1.70 2017
146 Montenegro 1.50 2017
147 Iran 1.40 2017
147 Mongolia 1.40 2017
149 Estonia 1.20 2017
149 Bulgaria 1.20 2017
151 Russia 1.10 2017
151 Brunei 1.10 2017
151 United States 1.10 2017
151 Hong Kong SAR, China 1.10 2017
151 Slovak Republic 1.10 2017
156 Bahrain 1.00 2017
156 Czech Republic 1.00 2017
156 Mauritius 1.00 2017
156 Finland 1.00 2017
160 Armenia 0.90 2017
160 Norway 0.90 2017
162 Puerto Rico 0.80 2017
162 Ukraine 0.80 2017
162 Trinidad and Tobago 0.80 2017
165 Botswana 0.70 2017
165 France 0.70 2017
165 Australia 0.70 2017
168 Lithuania 0.60 2017
168 Belarus 0.60 2017
168 China 0.60 2017
171 Timor-Leste 0.50 2017
171 Sweden 0.50 2017
171 Singapore 0.50 2017
174 Romania 0.40 2017
174 Canada 0.40 2017
176 Kazakhstan 0.30 2017
176 New Zealand 0.30 2017
178 South Africa 0.20 2017
178 Denmark 0.20 2017
178 Ireland 0.20 2017
181 Macedonia 0.10 2017
182 United Kingdom 0.00 2017
182 Slovenia 0.00 2017

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Development Relevance: The economic health of a country is measured not only in macroeconomic terms but also by other factors that shape daily economic activity such as laws, regulations, and institutional arrangements. The data measure business regulation, gauge regulatory outcomes, and measure the extent of legal protection of property, the flexibility of employment regulation, and the tax burden on businesses. The fundamental premise of this data is that economic activity requires good rules and regulations that are efficient, accessible to all who need to use them, and simple to implement. Thus sometimes there is more emphasis on more regulation, such as stricter disclosure requirements in related-party transactions, and other times emphasis is on for simplified regulations, such as a one-stop shop for completing business startup formalities. Entrepreneurs may not be aware of all required procedures or may avoid legally required procedures altogether. But where regulation is particularly onerous, levels of informality are higher, which comes at a cost: firms in the informal sector usually grow more slowly, have less access to credit, and employ fewer workers - and those workers remain outside the protections of labor law. The indicator can help policymakers understand the business environment in a country and - along with information from other sources such as the World Bank's Enterprise Surveys - provide insights into potential areas of reform.

Limitations and Exceptions: The Doing Business methodology has limitations that should be considered when interpreting the data. First, the data collected refer to businesses in the economy's largest city and may not represent regulations in other locations of the economy. To address this limitation, subnational indicators are being collected for selected economies. These subnational studies point to significant differences in the speed of reform and the ease of doing business across cities in the same economy. Second, the data often focus on a specific business form - generally a limited liability company of a specified size - and may not represent regulation for other types of businesses such as sole proprietorships. Third, transactions described in a standardized business case refer to a specific set of issues and may not represent the full set of issues a business encounters. Fourth, the time measures involve an element of judgment by the expert respondents. When sources indicate different estimates, the Doing Business time indicators represent the median values of several responses given under the assumptions of the standardized case. Fifth, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures.

Statistical Concept and Methodology: Data are collected by the World Bank with a standardized survey that uses a simple business case to ensure comparability across economies and over time - with assumptions about the legal form of the business, its size, its location, and nature of its operation. Surveys are administered through more than 9,000 local experts, including lawyers, business consultants, accountants, freight forwarders, government officials, and other professionals who routinely administer or advise on legal and regulatory requirements. Entrepreneurs around the world face a range of challenges. One of them is inefficient regulation. The indicator measures the procedures, time, cost and paid-in minimum capital required for a small or medium-size limited liability company to start up and formally operate. The Doing Business project of the World Bank encompasses two types of data: data from readings of laws and regulations and data on time and motion indicators that measure efficiency in achieving a regulatory goal. Within the time and motion indicators cost estimates are recorded from official fee schedules where applicable. The data from surveys are subjected to numerous tests for robustness, which lead to revision or expansion of the information collected.

Aggregation method: Unweighted average

Periodicity: Annual

General Comments: Data are presented for the survey year instead of publication year.