Business Removing

98 DOING BUSINESS IN 2005
ALBANIA GNI per capita (US$) 1,740 Population (m) 3.2
Europe and Central Asia
Lower middle income
Starting a business Registering property Protecting investors
Number of procedures 11 Number of procedures 7 Disclosure Index 3
Time (days) 47 Time (days) 47
Cost (% of income per capita) 32.2 Cost (% of property value) 3.8 Enforcing contracts
Minimum capital (% of income per capita) 41.3 Number of procedures 39
Getting Credit Time (days) 390
Hiring and Firing Workers Cost to create collateral (% income per capita) 0.3 Cost (% of debt) 28.6
Difficulty of hiring index 11 Legal rights of borrowers and lenders 9
Rigidity of hours index 60 Credit information index 0 Closing a business
Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 4.0
Rigidity of employment index 30 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 38.0
Firing costs (weeks) 55 Recovery rate (cents on the dollar) 24.6
ALGERIA GNI per capita (US$) 1,890 Population (m) 31.8
Middle East & North Africa
Lower middle income
Starting a business Registering property Protecting investors
Number of procedures 14 Number of procedures 16 Disclosure Index 2
Time (days) 26 Time (days) 52
Cost (% of income per capita) 27.3 Cost (% of property value) 9.0 Enforcing contracts
Minimum capital (% of income per capita) 65.5 Number of procedures 49
Getting Credit Time (days) 407
Hiring and Firing Workers Cost to create collateral (% income per capita) 0.4 Cost (% of debt) 28.7
Difficulty of hiring index 56 Legal rights of borrowers and lenders 3
Rigidity of hours index 60 Credit information index 0 Closing a business
Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.5
Rigidity of employment index 55 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0
Firing costs (weeks) 17 Recovery rate (cents on the dollar) 37.0
ANGOLA GNI per capita (US$) 740 Population (m) 13.5
Sub-Saharan Africa
Low income
Starting a business Registering property Protecting investors
Number of procedures 14 Number of procedures 8 Disclosure Index 2
Time (days) 146 Time (days) 335
Cost (% of income per capita) 884.6 Cost (% of property value) 11.0 Enforcing contracts
Minimum capital (% of income per capita) 64.4 Number of procedures 47
Getting Credit Time (days) 1011
Hiring and Firing Workers Cost to create collateral (% income per capita) 6.9 Cost (% of debt) 9.2
Difficulty of hiring index 44 Legal rights of borrowers and lenders 3
Rigidity of hours index 80 Credit information index 4 Closing a business
Difficulty of firing index 100 Public registry coverage (borrowers/1000 adults) 7 Time of insolvency (years) 4.7
Rigidity of employment index 75 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0
Firing costs (weeks) 116 Recovery rate (cents on the dollar) 1.2
ARGENTINA GNI per capita (US$) 3,650 Population (m) 38.4
Latin America & Caribbean
Upper middle income
Starting a business Registering property Protecting investors
Number of procedures 15 Number of procedures 5 Disclosure Index 5
Time (days) 32 Time (days) 44
Cost (% of income per capita) 15.7 Cost (% of property value) 8.8 Enforcing contracts
Minimum capital (% of income per capita) 8.1 Number of procedures 33
Getting Credit Time (days) 44
Hiring and Firing Workers Cost to create collateral (% income per capita) 21.3 Cost (% of debt) 15.0
Difficulty of hiring index 44 Legal rights of borrowers and lenders 3
Rigidity of hours index 80 Credit information index 6 Closing a business
Difficulty of firing index 30 Public registry coverage (borrowers/1000 adults) 201 Time of insolvency (years) 2.8
Rigidity of employment index 51 Private bureau coverage (borrowers/1000 adults) 733 Cost of insolvency (% of estate) 18.0
Firing costs (weeks) 94 Recovery rate (cents on the dollar) 23.5