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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 107<br />

ECUADOR GNI per capita (US$) 1,790 Population (m) 13.0<br />

Latin America & Caribbean<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 14 Number of procedures 12 Disclosure Index 1<br />

Time (days) 92 Time (days) 21<br />

Cost (% of income per capita) 47.4 Cost (% of property value) 16.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 10.4 Number of procedures 41<br />

Getting Credit Time (days) 388<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 10.8 Cost (% of debt) 15.3<br />

Difficulty of hiring index 44 Legal rights of borrowers and lenders 3<br />

Rigidity of hours index 40 Credit information index 5 Closing a business<br />

Difficulty of firing index 70 Public registry coverage (borrowers/1000 adults) 124 Time of insolvency (years) 4.3<br />

Rigidity of employment index 51 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 131 Recovery rate (cents on the dollar) 18.1<br />

EGYPT, ARAB REP GNI per capita (US$) 1,390 Population (m) 67.6<br />

Middle East & North Africa<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 13 Number of procedures 7 Disclosure Index 1<br />

Time (days) 43 Time (days) 193<br />

Cost (% of income per capita) 63.0 Cost (% of property value) 7.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 815.6 Number of procedures 55<br />

Getting Credit Time (days) 410<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 52.7 Cost (% of debt) 18.4<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 0<br />

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

Difficulty of firing index 80 Public registry coverage (borrowers/1000 adults) 102 Time of insolvency (years) 4.2<br />

Rigidity of employment index 53 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 162 Recovery rate (cents on the dollar) 18.4<br />

EL SALVADOR GNI per capita (US$) 2,200 Population (m) 6.5<br />

Latin America & Caribbean<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 12 Number of procedures 5 Disclosure Index 1<br />

Time (days) 115 Time (days) 52<br />

Cost (% of income per capita) 128.0 Cost (% of property value) 3.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 132.5 Number of procedures 41<br />

Getting Credit Time (days) 275<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 5.0 Cost (% of debt) 12<br />

Difficulty of hiring index 67 Legal rights of borrowers and lenders 5<br />

Rigidity of hours index 40 Credit information index 5 Closing a business<br />

Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 198 Time of insolvency (years) 4.0<br />

Rigidity of employment index 52 Private bureau coverage (borrowers/1000 adults) 823 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 110 Recovery rate (cents on the dollar) 24.9<br />

ESTONIA GNI per capita (US$) 4,960 Population (m) 1.4<br />

Europe & Central Asia<br />

Upper middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 6 Number of procedures 4 Disclosure Index 4<br />

Time (days) 72 Time (days) 65<br />

Cost (% of income per capita) 7.5 Cost (% of property value) 0.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 49.7 Number of procedures 25<br />

Getting Credit Time (days) 150<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 43.0 Cost (% of debt) 10.6<br />

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

Rigidity of hours index 80 Credit information index 5 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.0<br />

Rigidity of employment index 44 Private bureau coverage (borrowers/1000 adults) 95 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 33 Recovery rate (cents on the dollar) 40.0

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