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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 125<br />

SINGAPORE GNI per capita (US$) 21,230 Population (m) 4.3<br />

East Asia & Pacific<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures 3 Disclosure Index 5<br />

Time (days) 8 Time (days) 9<br />

Cost (% of income per capita) 1.2 Cost (% of property value) 1.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 23<br />

Getting Credit Time (days) 69<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.3 Cost (% of debt) 9.0<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 10<br />

Rigidity of hours index 0 Credit information index 4 Closing a business<br />

Difficulty of firing index 0 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 0.8<br />

Rigidity of employment index 0 Private bureau coverage (borrowers/1000 adults) 335 Cost of insolvency (% of estate) 1.0<br />

Firing costs (weeks) 4 Recovery rate (cents on the dollar) 91.3<br />

SLOVAKIA GNI per capita (US$) 4,920 Population (m) 5.4<br />

Europe & Central Asia<br />

Upper middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 5 Disclosure Index 6<br />

Time (days) 52 Time (days) 22<br />

Cost (% of income per capita) 5.7 Cost (% of property value) 3.1 Enforcing contracts<br />

Minimum capital (% of income per capita) 46.1 Number of procedures 27<br />

Getting Credit Time (days) 565<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 20.1 Cost (% of debt) 15.0<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 9<br />

Rigidity of hours index 20 Credit information index 3 Closing a business<br />

Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 6 Time of insolvency (years) 4.7<br />

Rigidity of employment index 10 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 17 Recovery rate (cents on the dollar) 39.6<br />

SLOVENIA GNI per capita (US$) 11,830 Population (m) 2.0<br />

Europe & Central Asia<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 10 Number of procedures 6 Disclosure Index 4<br />

Time (days) 61 Time (days) 391<br />

Cost (% of income per capita) 12.3 Cost (% of property value) 2.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 19.0 Number of procedures 25<br />

Getting Credit Time (days) 1003<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 3.2 Cost (% of debt) 16.3<br />

Difficulty of hiring index 28 Legal rights of borrowers and lenders 6<br />

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

Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 25 Time of insolvency (years) 3.6<br />

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

Firing costs (weeks) 47 Recovery rate (cents on the dollar) 23.6<br />

SOUTH AFRICA GNI per capita (US$) 2,780 Population (m) 45.3<br />

Sub-Saharan Africa<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

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

Time (days) 38 Time (days) 20<br />

Cost (% of income per capita) 9.1 Cost (% of property value) 11.3 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 26<br />

Getting Credit Time (days) 277<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 2.3 Cost (% of debt) 11.5<br />

Difficulty of hiring index 56 Legal rights of borrowers and lenders 6<br />

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

Difficulty of firing index 60 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.0<br />

Rigidity of employment index 52 Private bureau coverage (borrowers/1000 adults) 636 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 38 Recovery rate (cents on the dollar) 31.8

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