Middle income - 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 Middle income was 3.40 as of 2020. Its highest value over the past 10 years was 3.40 in 2020, while its lowest value was 1.65 in 2010.

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
2010 1.65
2011 1.69
2012 1.75
2013 1.91
2014 2.64
2015 2.82
2016 3.21
2017 3.14
2018 3.15
2019 3.32
2020 3.40

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 40.30

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 6.60

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 54.73

Time required to get electricity (days)

The value for Time required to get electricity (days) in Middle income was 80.41 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 108.78 in 2009 and a minimum value of 80.41 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 108.78
2010 105.23
2011 104.63
2012 100.08
2013 105.04
2014 98.97
2015 92.74
2016 90.29
2017 87.52
2018 83.24
2019 80.41

Firms that do not report all sales for tax purposes (% of firms)

Firms that do not report all sales for tax purposes (% of firms) in Middle income was 60.75 as of 2009. Its highest value over the past 7 years was 60.75 in 2009, while its lowest value was 30.00 in 2008.

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
2002 52.60
2003 57.87
2004 56.01
2005 42.52
2006 47.46
2007 42.62
2008 30.00
2009 60.75

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 53.20

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 12.82

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 15.27

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 13.64

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Middle income was 14.76 as of 2019. Its highest value over the past 14 years was 15.66 in 2005, while its lowest value was 14.26 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/).

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Year Value
2005 15.66
2006 15.44
2007 15.15
2008 15.19
2009 14.70
2010 14.55
2011 14.45
2012 14.26
2013 14.80
2014 14.74
2015 14.69
2016 14.74
2017 14.64
2018 14.75
2019 14.76

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Middle income was 9.40 as of 2019. Its highest value over the past 14 years was 13.14 in 2005, while its lowest value was 9.15 in 2016.

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 13.14
2006 13.13
2007 13.04
2008 12.88
2009 12.01
2010 11.55
2011 11.80
2012 11.22
2013 10.03
2014 9.75
2015 9.75
2016 9.15
2017 9.15
2018 9.19
2019 9.40

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Middle income was 16.64 as of 2019. Its highest value over the past 14 years was 18.74 in 2005, while its lowest value was 16.12 in 2012.

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 18.74
2006 18.29
2007 17.93
2008 17.52
2009 16.87
2010 16.35
2011 16.15
2012 16.12
2013 16.77
2014 16.64
2015 16.65
2016 16.90
2017 16.96
2018 16.80
2019 16.64

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment