Business Removing
Doing Business in 2005 -- Removing Obstacles to Growth
Doing Business in 2005 -- Removing Obstacles to Growth
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COUNTRY TABLES 109<br />
GERMANY GNI per capita (US$) 25,250 Population (m) 82.6<br />
OECD: High income<br />
High income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 9 Number of procedures 4 Disclosure Index 5<br />
Time (days) 45 Time (days) 41<br />
Cost (% of income per capita) 5.9 Cost (% of property value) 4.2 Enforcing contracts<br />
Minimum capital (% of income per capita) 48.8 Number of procedures 26<br />
Getting Credit Time (days) 184<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 0.0 Cost (% of debt) 10.5<br />
Difficulty of hiring index 44 Legal rights of borrowers and lenders 8<br />
Rigidity of hours index 80 Credit information index 6 Closing a business<br />
Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 6 Time of insolvency (years) 1.2<br />
Rigidity of employment index 55 Private bureau coverage (borrowers/1000 adults) 856 Cost of insolvency (% of estate) 8.0<br />
Firing costs (weeks) 80 Recovery rate (cents on the dollar) 50.3<br />
GHANA GNI per capita (US$) 320 Population (m) 20.4<br />
Sub-Saharan Africa<br />
Low income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 12 Number of procedures 7 Disclosure Index 2<br />
Time (days) 85 Time (days) 382<br />
Cost (% of income per capita) 87.5 Cost (% of property value) 4.1 Enforcing contracts<br />
Minimum capital (% of income per capita) 31.4 Number of procedures 23<br />
Getting Credit Time (days) 200<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 37.9 Cost (% of debt) 14.4<br />
Difficulty of hiring index 11 Legal rights of borrowers and lenders 5<br />
Rigidity of hours index 40 Credit information index 2 Closing a business<br />
Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.9<br />
Rigidity of employment index 34 Private bureau coverage (borrowers/1000 adults) 1 Cost of insolvency (% of estate) 18.0<br />
Firing costs (weeks) 25 Recovery rate (cents on the dollar) 28.2<br />
GREECE GNI per capita (US$) 13,720 Population (m) 10.7<br />
OECD: High income<br />
High income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 15 Number of procedures 12 Disclosure Index 5<br />
Time (days) 38 Time (days) 23<br />
Cost (% of income per capita) 35.2 Cost (% of property value) 13.7 Enforcing contracts<br />
Minimum capital (% of income per capita) 125.7 Number of procedures 14<br />
Getting Credit Time (days) 151<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 29.5 Cost (% of debt) 12.7<br />
Difficulty of hiring index 78 Legal rights of borrowers and lenders 1<br />
Rigidity of hours index 80 Credit information index 4 Closing a business<br />
Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.0<br />
Rigidity of employment index 66 Private bureau coverage (borrowers/1000 adults) 111 Cost of insolvency (% of estate) 8.0<br />
Firing costs (weeks) 133 Recovery rate (cents on the dollar) 45.6<br />
GUATEMALA GNI per capita (US$) 1,910 Population (m) 12.3<br />
Latin America & Caribbean<br />
Lower middle income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 15 Number of procedures 5 Disclosure Index 1<br />
Time (days) 39 Time (days) 55<br />
Cost (% of income per capita) 62.8 Cost (% of property value) 2.4 Enforcing contracts<br />
Minimum capital (% of income per capita) 31.8 Number of procedures 37<br />
Getting Credit Time (days) 1459<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 15.0 Cost (% of debt) 14.5<br />
Difficulty of hiring index 61 Legal rights of borrowers and lenders 4<br />
Rigidity of hours index 40 Credit information index 4 Closing a business<br />
Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 4.0<br />
Rigidity of employment index 40 Private bureau coverage (borrowers/1000 adults) 124 Cost of insolvency (% of estate) 18.0<br />
Firing costs (weeks) 170 Recovery rate (cents on the dollar) 18.3