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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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104 DOING BUSINESS IN 2005<br />

CHAD GNI per capita (US$) 250 Population (m) 8.6<br />

Sub-Saharan Africa<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 19 Number of procedures 6 Disclosure Index 1<br />

Time (days) 75 Time (days) 44<br />

Cost (% of income per capita) 344.2 Cost (% of property value) 13.3 Enforcing contracts<br />

Minimum capital (% of income per capita) 610.4 Number of procedures 52<br />

Getting Credit Time (days) 526<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 48.9 Cost (% of debt) 54.9<br />

Difficulty of hiring index 100 Legal rights of borrowers and lenders 3<br />

Rigidity of hours index 80 Credit information index 3 Closing a business<br />

Difficulty of firing index 60 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 10.0<br />

Rigidity of employment index 80 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 76.0<br />

Firing costs (weeks) 47 Recovery rate (cents on the dollar) 0.0<br />

CHILE GNI per capita (US$) 4,390 Population (m) 15.8<br />

Latin America & Caribbean<br />

Upper middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 10 Number of procedures 6 Disclosure Index 6<br />

Time (days) 28 Time (days) 31<br />

Cost (% of income per capita) 10.0 Cost (% of property value) 1.4 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 28<br />

Getting Credit Time (days) 305<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 5.3 Cost (% of debt) 10.4<br />

Difficulty of hiring index 17 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 20 Credit information index 6 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 290 Time of insolvency (years) 5.6<br />

Rigidity of employment index 19 Private bureau coverage (borrowers/1000 adults) 220 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 51 Recovery rate (cents on the dollar) 19.3<br />

CHINA GNI per capita (US$) 1,100 Population (m) 1288.4<br />

East Asia & Pacific<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 12 Number of procedures 3 Disclosure Index 4<br />

Time (days) 41 Time (days) 32<br />

Cost (% of income per capita) 14.5 Cost (% of property value) 3.1 Enforcing contracts<br />

Minimum capital (% of income per capita) 1104.2 Number of procedures 25<br />

Getting Credit Time (days) 241<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.0 Cost (% of debt) 25.5<br />

Difficulty of hiring index 11 Legal rights of borrowers and lenders 2<br />

Rigidity of hours index 40 Credit information index 3 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 4 Time of insolvency (years) 2.4<br />

Rigidity of employment index 30 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 90 Recovery rate (cents on the dollar) 35.2<br />

COLUMBIA GNI per capita (US$) 1,810 Population (m) 44.6<br />

Latin America & Caribbean<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 14 Number of procedures 7 Disclosure Index 2<br />

Time (days) 43 Time (days) 23<br />

Cost (% of income per capita) 27.4 Cost (% of property value) 3.6 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 37<br />

Getting Credit Time (days) 363<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 38.9 Cost (% of debt) 18.6<br />

Difficulty of hiring index 72 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 60 Credit information index 4 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.0<br />

Rigidity of employment index 51 Private bureau coverage (borrowers/1000 adults) 300 Cost of insolvency (% of estate) 1.0<br />

Firing costs (weeks) 49 Recovery rate (cents on the dollar) 54.6

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