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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 123<br />

PUERTO RICO GNI per capita (US$) 10,950 Population (m) 3.9<br />

Latin America & Caribbean<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures . . Disclosure Index . .<br />

Time (days) 7 Time (days) . .<br />

Cost (% of income per capita) 1.0 Cost (% of property value) . . Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 43<br />

Getting Credit Time (days) 270<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.1 Cost (% of debt) 21.0<br />

Difficulty of hiring index 22 Legal rights of borrowers and lenders 6<br />

Rigidity of hours index 20 Credit information index 5 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.8<br />

Rigidity of employment index 21 Private bureau coverage (borrowers/1000 adults) 643 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 0 Recovery rate (cents on the dollar) 61.4<br />

ROMANIA GNI per capita (US$) 2,310 Population (m) 22.2<br />

Europe & Central Asia<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 5 Number of procedures 8 Disclosure Index 2<br />

Time (days) 28 Time (days) 170<br />

Cost (% of income per capita) 7.4 Cost (% of property value) 1.9 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 43<br />

Getting Credit Time (days) 335<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 1.1 Cost (% of debt) 12.4<br />

Difficulty of hiring index 78 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 60 Credit information index 3 Closing a business<br />

Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 4 Time of insolvency (years) 4.6<br />

Rigidity of employment index 63 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 98 Recovery rate (cents on the dollar) 6.9<br />

RUSSIA GNI per capita (US$) 2,610 Population (m) 143.4<br />

Europe & Central Asia<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 6 Disclosure Index 3<br />

Time (days) 36 Time (days) 37<br />

Cost (% of income per capita) 6.7 Cost (% of property value) 0.8 Enforcing contracts<br />

Minimum capital (% of income per capita) 5.6 Number of procedures 29<br />

Getting Credit Time (days) 330<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 11.6 Cost (% of debt) 20.3<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 3<br />

Rigidity of hours index 60 Credit information index 0 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.5<br />

Rigidity of employment index 27 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0<br />

Firing costs (weeks) 17 Recovery rate (cents on the dollar) 48.4<br />

RWANDA GNI per capita (US$) 220 Population (m) 8.3<br />

Sub-Saharan Africa<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 5 Disclosure Index 1<br />

Time (days) 21 Time (days) 354<br />

Cost (% of income per capita) 316.9 Cost (% of property value) 9.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 29<br />

Getting Credit Time (days) 395<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) . . Cost (% of debt) 49.5<br />

Difficulty of hiring index 89 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 60 Public registry coverage (borrowers/1000 adults) 1 Time of insolvency (years) no practice<br />

Rigidity of employment index 76 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) no practice<br />

Firing costs (weeks) 54 Recovery rate (cents on the dollar) 0.0

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