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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 111<br />

HUNGARY GNI per capita (US$) 6,330 Population (m) 10.1<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 5<br />

Time (days) 52 Time (days) 79<br />

Cost (% of income per capita) 22.9 Cost (% of property value) 6.8 Enforcing contracts<br />

Minimum capital (% of income per capita) 86.4 Number of procedures 21<br />

Getting Credit Time (days) 365<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 13.5 Cost (% of debt) 8.1<br />

Difficulty of hiring index 11 Legal rights of borrowers and lenders 5<br />

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

Difficulty of firing index 30 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.0<br />

Rigidity of employment index 40 Private bureau coverage (borrowers/1000 adults) 33 Cost of insolvency (% of estate) 23.0<br />

Firing costs (weeks) 34 Recovery rate (cents on the dollar) 30.8<br />

INDIA GNI per capita (US$) 530 Population (m) 1063.7<br />

South Asia<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 11 Number of procedures 6 Disclosure Index 4<br />

Time (days) 89 Time (days) 67<br />

Cost (% of income per capita) 49.5 Cost (% of property value) 13.9 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 40<br />

Getting Credit Time (days) 425<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 11.3 Cost (% of debt) 43.1<br />

Difficulty of hiring index 33 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 20 Credit information index 0 Closing a business<br />

Difficulty of firing index 90 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 10.0<br />

Rigidity of employment index 48 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 79 Recovery rate (cents on the dollar) 12.5<br />

INDONESIA GNI per capita (US$) 810 Population (m) 214.5<br />

East Asia & Pacific<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 12 Number of procedures 6 Disclosure Index 4<br />

Time (days) 151 Time (days) 33<br />

Cost (% of income per capita) 130.7 Cost (% of property value) 11.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 125.6 Number of procedures 34<br />

Getting Credit Time (days) 570<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 2.5 Cost (% of debt) 126.5<br />

Difficulty of hiring index 61 Legal rights of borrowers and lenders 5<br />

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

Difficulty of firing index 70 Public registry coverage (borrowers/1000 adults) 4 Time of insolvency (years) 6.0<br />

Rigidity of employment index 57 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 157 Recovery rate (cents on the dollar) 10.6<br />

IRAN, ISLAMIC REP. GNI per capita (US$) 2,000 Population (m) 66.5<br />

Middle East & North Africa<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 9 Disclosure Index 2<br />

Time (days) 48 Time (days) 36<br />

Cost (% of income per capita) 7.3 Cost (% of property value) 5.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 2.1 Number of procedures 23<br />

Getting Credit Time (days) 545<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) . . Cost (% of debt) 12.0<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 5<br />

Rigidity of hours index 60 Credit information index 2 Closing a business<br />

Difficulty of firing index 60 Public registry coverage (borrowers/1000 adults) . . Time of insolvency (years) 4.5<br />

Rigidity of employment index 40 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 122 Recovery rate (cents on the dollar) 19.1

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