Lao PDR - Informality

Firms competing against unregistered firms (% of firms)

Definition: Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 12.80
2012 42.30
2016 77.20
2018 39.90

Firms formally registered when operations started (% of firms)

Definition: Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 93.50
2012 85.80
2016 96.30
2018 77.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment