Myanmar - 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 Myanmar was 0.386 as of 2018. Its highest value over the past 12 years was 0.386 in 2018, while its lowest value was 0.017 in 2006.

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).

See also:

Year Value
2006 0.017
2007 0.017
2008 0.022
2009 0.023
2010 0.036
2011 0.058
2012 0.091
2013 0.119
2014 0.130
2015 0.135
2016 0.187
2017 0.209
2018 0.386

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
2014 105.60
2016 36.50

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
2014 12.50
2016 11.00

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
2014 94.30
2016 94.90

Time required to get electricity (days)

The value for Time required to get electricity (days) in Myanmar was 70.00 as of 2019. As the graph below shows, over the past 7 years this indicator reached a maximum value of 98.00 in 2014 and a minimum value of 70.00 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
2012 98.00
2013 98.00
2014 98.00
2015 77.00
2016 77.00
2017 77.00
2018 77.00
2019 70.00

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
2014 64.50
2016 51.30

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
2014 1.80
2016 1.30

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
2014 7.40
2016 13.10

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
2014 37.10
2016 20.40

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Myanmar was 0.300 as of 2019. Its highest value over the past 7 years was 0.300 in 2019, while its lowest value was 0.000 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
2012 0.000
2013 0.000
2014 0.000
2015 0.200
2016 0.300
2017 0.300
2018 0.300
2019 0.300

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Myanmar was 4.20 as of 2019. Its highest value over the past 7 years was 6.00 in 2015, while its lowest value was 4.20 in 2017.

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
2012 6.00
2013 6.00
2014 6.00
2015 6.00
2016 4.80
2017 4.20
2018 4.20
2019 4.20

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Myanmar was 26.80 as of 2019. Its highest value over the past 7 years was 33.50 in 2012, while its lowest value was 26.80 in 2017.

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
2012 33.50
2013 29.40
2014 28.00
2015 26.90
2016 26.90
2017 26.80
2018 26.80
2019 26.80

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment