Low income - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

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).

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Year Value
2016 0.264
2017 0.359
2018 0.365

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
2020 40.29

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
2020 10.50

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
2020 75.32

Time required to get electricity (days)

The value for Time required to get electricity (days) in Low income was 131.95 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 188.17 in 2009 and a minimum value of 131.95 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/).

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Year Value
2009 188.17
2010 158.63
2011 151.96
2012 162.60
2013 153.36
2014 148.28
2015 134.27
2016 136.68
2017 134.82
2018 132.68
2019 131.95

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
2003 69.83
2006 59.87
2007 56.41
2009 59.67
2010 82.33

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
2020 78.17

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
2020 16.36

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
2020 21.97

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
2020 22.31

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Low income was 16.01 as of 2019. Its highest value over the past 14 years was 16.01 in 2019, while its lowest value was 13.11 in 2009.

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 13.61
2006 13.13
2007 13.13
2008 13.13
2009 13.11
2010 13.62
2011 14.35
2012 14.90
2013 15.23
2014 15.56
2015 15.57
2016 15.62
2017 15.63
2018 15.63
2019 16.01

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Low income was 13.42 as of 2019. Its highest value over the past 14 years was 62.94 in 2005, while its lowest value was 12.63 in 2015.

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 62.94
2006 61.86
2007 60.42
2008 59.15
2009 60.15
2010 56.81
2011 35.45
2012 33.17
2013 21.66
2014 12.92
2015 12.63
2016 13.00
2017 13.97
2018 14.16
2019 13.42

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Low income was 17.58 as of 2019. Its highest value over the past 14 years was 19.65 in 2005, while its lowest value was 16.48 in 2014.

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 19.65
2006 17.85
2007 17.64
2008 17.50
2009 17.30
2010 17.19
2011 17.68
2012 17.79
2013 16.71
2014 16.48
2015 17.03
2016 17.12
2017 17.11
2018 17.11
2019 17.58

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment