South Asia - 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 South Asia was 0.174 as of 2020. Its highest value over the past 14 years was 0.174 in 2020, while its lowest value was 0.072 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).

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Year Value
2006 0.072
2007 0.087
2008 0.099
2009 0.089
2010 0.118
2011 0.128
2012 0.132
2013 0.115
2014 0.095
2015 0.103
2016 0.119
2017 0.134
2018 0.147
2019 0.154
2020 0.174

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 55.10

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 25.46

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 66.24

Time required to get electricity (days)

The value for Time required to get electricity (days) in South Asia was 86.12 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 163.60 in 2009 and a minimum value of 86.12 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 163.60
2010 118.00
2011 100.80
2012 100.00
2013 148.23
2014 144.73
2015 130.77
2016 117.92
2017 108.10
2018 98.38
2019 86.12

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
2004 41.97
2006 59.24
2007 7.57

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 63.17

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 15.69

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 10.46

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 19.64

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in South Asia was 10.78 as of 2019. Its highest value over the past 14 years was 10.78 in 2019, while its lowest value was 5.64 in 2005.

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 5.64
2006 5.64
2007 5.64
2008 5.64
2009 5.64
2010 5.64
2011 5.64
2012 6.70
2013 8.69
2014 8.71
2015 8.76
2016 8.80
2017 8.89
2018 9.98
2019 10.78

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in South Asia was 16.39 as of 2019. Its highest value over the past 14 years was 24.54 in 2011, while its lowest value was 12.56 in 2013.

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 13.60
2006 13.60
2007 13.88
2008 13.88
2009 13.92
2010 21.86
2011 24.54
2012 17.96
2013 12.56
2014 12.64
2015 12.65
2016 14.23
2017 16.98
2018 16.71
2019 16.39

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in South Asia was 16.71 as of 2019. Its highest value over the past 14 years was 17.70 in 2013, while its lowest value was 12.50 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 15.08
2006 15.70
2007 15.86
2008 16.12
2009 15.78
2010 14.64
2011 15.18
2012 12.50
2013 17.70
2014 17.46
2015 17.28
2016 17.28
2017 17.34
2018 16.90
2019 16.71

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment