log in
All Countries

Luxembourg Business Guide


Geography


Location:
Western Europe, between France and Germany


Geographic coordinates:
49 45 N, 6 10 E


Map references:
Europe


Area:
total:2,586 sq kmcountry comparison to the world: 179
land:2,586 sq km
water:0 sq km


Area - comparative:
slightly smaller than Rhode Island


Land boundaries:
total:359 km
border countries:Belgium 148 km, France 73 km, Germany 138 km


Coastline:
0 km (landlocked)


Maritime claims:
lowest point:Moselle River 133 m
highest point:Buurgplaatz 559 m


Natural resources:
iron ore (no longer exploited), arable land


    Land use:
arable land:23.9%
permanent crops:0.58%
other:75.52% (includes Belgium) (2011)


Irrigated land:
NA


Total renewable water resources:
3.1 cu km (2011)


Freshwater withdrawal (domestic/industrial/agricultural):
3.1 cu km (2011)

Natural hazards:
NA


Environment - current issues:
air and water pollution in urban areas, soil pollution of farmland


Environment - international agreements:
party to:Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed, but not ratified:Environmental Modification


Geography - note:
landlocked; the only Grand Duchy in the world



People and Society


Nationality:
noun: Luxembourger(s)
adjective:Luxembourg


Ethnic groups:
Luxembourger 63.1%, Portuguese 13.3%, French 4.5%, Italian 4.3%, German 2.3%, other EU 7.3%, other 5.2% (2000 census)


Languages:
Luxembourgish (official administrative language and national language (spoken vernacular)), French (official administrative language), German (official administrative language)


Religions:
Roman Catholic 87%, other (includes Protestant, Jewish, and Muslim) 13% (2000)


Population:
520,672 (July 2014 est.)country comparison to the world: 174


Age structure:
0-14 years:17.9% (male 47,968/female 45,100)
15-24 years:12.7% (male 33,657/female 32,212)
25-54 years:42.1% (male 109,528/female 109,662)
55-64 years:12% (male 31,076/female 31,212)
65 years and over:15.2% (male 33,892/female 46,365) (2014 est.)


Dependency ratios:
total dependency ratio:46.6 %
youth dependency ratio:25.6 %
elderly dependency ratio:21 %
potential support ratio:4.8 (2014 est.)


Median age:
total:39.6 years
male:38.5 years
female:40.7 years (2014 est.)


Population growth rate:
1.12% (2014 est.)country comparison to the world: 109


Birth rate:
11.75 births/1,000 population (2014 est.)country comparison to the world: 169


Death rate:
8.53 deaths/1,000 population (2014 est.)country comparison to the world: 76


Net migration rate:
7.97 migrant(s)/1,000 population (2014 est.)country comparison to the world: 17


Urbanization:
urban population:85.4% of total population (2011)
rate of urbanization:1.62% annual rate of change (2010-15 est.)


Major urban areas - population:
LUXEMBOURG (capital) 94,000 (2011)


Sex ratio:
at birth:1.07 male(s)/female
0-14 years:1.06 male(s)/female
15-24 years:1.05 male(s)/female
25-54 years:1 male(s)/female
55-64 years:0.97 male(s)/female
65 years and over:0.71 male(s)/female
total population:0.97 male(s)/female (2014 est.)


Mother's mean age at first birth:
30.2


Maternal mortality rate:
20 deaths/100,000 live births (2010)


Infant mortality rate:
total:4.28 deaths/1,000 live birthscountry comparison to the world: 193
male:4.32 deaths/1,000 live births
female:4.24 deaths/1,000 live births (2014 est.)


    Life expectancy at birth:
total population:80.01 yearscountry comparison to the world: 36
male:76.77 years
female:83.46 years (2014 est.)


Total fertility rate:
1.77 children born/woman (2014 est.)country comparison to the world: 158


Health expenditures:
7.7% of GDP (2011)


Physicians density:
2.78 physicians/1,000 population (2011)


Hospital bed density:
5.4 beds/1,000 population (2010)


Drinking water source:
improved:
urban: 100% of population
rural: 100% of population
total: 100% of population
unimproved:
urban: 0% of population
rural: 0% of population
total: 0% of population (2012 est.)


Sanitation facility access:
improved:
urban: 100% of population
rural: 100% of population
total: 100% of population
unimproved:
urban: 0% of population
rural: 0% of population
total: 0% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
0.3% (2009 est.)country comparison to the world: 98


HIV/AIDS - people living with HIV/AIDS:
fewer than 1,000 (2009 est.)country comparison to the world: 148


HIV/AIDS - deaths:
fewer than 100 (2009 est.)country comparison to the world: 144


Obesity - adult prevalence rate:
26% (2008)country comparison to the world: 50


Education expenditures:
3.7% of GDP (2001)country comparison to the world: 118

Literacy:
definition:age 15 and over can read and write
total population:100%
male:100%
female:100% (2000 est.)


School life expectancy (primary to tertiary education):
total:14 years
male:14 years
female:14 years (2010)


Unemployment, youth ages 15-24:
total:18.8%country comparison to the world: 64
male:18.9%
female:18.6% (2012)


Government


Country name:
conventional long form: Grand Duchy of Luxembourg
conventional short form:Luxembourg
local long form:Grand Duche de Luxembourg
local short form:Luxembourg


Government type:
constitutional monarchy


Capital:
name:Luxembourg
geographic coordinates:49 36 N, 6 07 E
time difference:UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
daylight saving time:+1hr, begins last Sunday in March; ends last Sunday in October


Administrative divisions:
3 districts; Diekirch, Grevenmacher, Luxembourg


Independence:
1839 (from the Netherlands)


National holiday:
National Day (birthday of Grand Duchess Charlotte) 23 June; note - the actual date of birth was 23 January 1896, but the festivities were shifted by five months to allow observance during a more favorable time of year


Constitution:
previous 1842 (heavily amended 1848, 1856); latest effective 17 October 1968; amended many times, last in 2008 (2008)


Legal system:
civil law system


International law organization participation:
accepts compulsory ICJ jurisdiction; accepts ICCt jurisdiction


Suffrage:
18 years of age; universal and compulsory


Executive branch:
chief of state:Grand Duke HENRI (since 7 October 2000); Heir Apparent Prince GUILLAUME (son of the monarch, born 11 November 1981)
head of government:Prime Minister Xavier BETTEL (since 4 December 2013); Deputy Prime Minister Etienne SCHNEIDER (since 4 December 2013)
cabinet:Council of Ministers recommended by the prime minister and appointed by the monarch
elections:the monarchy is hereditary; following popular elections to the Chamber of Deputies, the leader of the majority party or the leader of the majority coalition usually appointed prime minister by the monarch; the deputy prime minister appointed by the monarch; the prime minister and deputy prime minister are responsible to the Chamber of Deputies
note:government coalition - DP, LSAP, and the Green Party (first time since 1979 that the CSV is in opposition)


Legislative branch:
unicameral Chamber of Deputies or Chambre des Deputes (60 seats; members elected by popular vote to serve five-year terms)
elections:last held on 20 October 2013 (next to be held by June 2018)
election results:percent of vote by party - CSV 33.7%, LSAP 20.3%, DP 18.3%, Green Party 10.1%, ADR 6.6%, The Left 4.5%, other 6.1%; seats by party - CSV 23, LSAP 13, DP 13, Green Party 6, ADR 3, The Left 2
note:there is also a Council of State that serves as an advisory body to the Chamber of Deputies; the Council of State has 21 members appointed by the Grand Duke on the advice of the prime minister


Judicial branch:
highest court(s):Superior Court of Justice includes Court of Appeal and Court of Cassation (consists of 27 judges on 9 benches); Constitutional Court (consists of 9 members)
judge selection and term of office:judges of both courts appointed by the monarch for life
subordinate courts:district and local tribunals and courts


    Political parties and leaders:
Alternative Democratic Reform Party or ADR [Jean SCHOOS]
Christian Social People's Party or CSV [Michel WOLTER]
The Left (dei Lenk/la Gauche) [Serge URBANY]
Democratic Party or DP [Xavier BETTEL]
Green Party [Sam TANSON and Christian KMIOTEK]
Luxembourg Socialist Workers' Party or LSAP [Alex BODRY]
other minor parties


Political pressure groups and leaders:
ABBL (bankers' association) [Ernst Wilhelm CONTZEN]


International organization participation:
ADB (nonregional member), Australia Group, Benelux, BIS, CD, CE, EAPC, EBRD, ECB, EIB, EMU, ESA, EU, FAO, FATF, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNRWA, UPU, WCO, WHO, WIPO, WMO, WTO, ZC


Diplomatic representation in the US:
chief of mission:Ambassador Jean-Louis WOLZFELD (since 11 September 2012)
chancery:2200 Massachusetts Avenue NW, Washington, DC 20008
telephone:[1] (202) 265-4171 through 72
FAX:[1] (202) 328-8270
consulate(s) general:New York, San Francisco


Diplomatic representation from the US:
chief of mission:Ambassador Robert MANDELL (since 25 October 2011)
embassy:22 Boulevard Emmanuel Servais, L-2535 Luxembourg City
mailing address:American Embassy Luxembourg, Unit 1410, APO AE 09126-1410 (official mail); American Embassy Luxembourg, PSC 9, Box 9500, APO AE 09123 (personal mail)
telephone:[352] 46-01-23
FAX:[352] 46-14-01


Flag description:
three equal horizontal bands of red (top), white, and light blue; similar to the flag of the Netherlands, which uses a darker blue and is shorter; the coloring is derived from the Grand Duke's coat of arms (a red lion on a white and blue striped field)


National symbol(s):
lion


National anthem:
name:'Ons Heemecht' (Our Motherland); 'De Wilhelmus' (The William)

lyrics/music:Michel LENTZ/Jean-Antoine ZINNEN; Nikolaus WELTER/unknown
note:'Ons Heemecht,' adopted 1864, is the national anthem, while 'De Wilhelmus,' adopted 1919, serves as a royal anthem for use when members of the grand ducal family enter or exit a ceremony in Luxembourg


Economy


Economy - overview:
This small, stable, high-income economy - benefiting from its proximity to France, Belgium, and Germany - has historically featured solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, automobile components, and other products. Growth in the financial sector, which now accounts for about 36% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings, but Luxembourg has lost some of its advantages as a favorable tax location because of OECD and EU pressure. The economy depends on foreign and cross-border workers for about 40% of its labor force. Luxembourg, like all EU members, suffered from the global economic crisis that began in late 2008, but unemployment has trended below the EU average. Following strong expansion from 2004 to 2007, Luxembourg's economy contracted 3.6% in 2009, but rebounded in 2010-11 before slowing again in 2012. The country continues to enjoy an extraordinarily high standard of living - GDP per capita ranks among the highest in the world, and is the highest in the euro zone. Turmoil in the world financial markets and lower global demand during 2008-09 prompted the government to inject capital into the banking sector and implement stimulus measures to boost the economy. Government stimulus measures and support for the banking sector, however, led to a 5% government budget deficit in 2009. Nevertheless, the deficit was cut to 1.1% in 2011 and 0.9% in 2012. Even during the financial crisis and recovery, Luxembourg retained the highest current account surplus as a share of GDP in the euro zone, owing largely to their strength in financial services. Public debt remains among the lowest of the region although it has more than doubled since 2007 as percentage of GDP. Luxembourg's economy, while stabile, grew slowly in 2012 due to ongoing weak growth in the euro area. Authorities have strengthened supervision of domestic banks because of their exposure to the activities of foreign banks.


GDP (purchasing power parity):
$42.67 billion (2013 est.)
country comparison to the world: 103
$42.44 billion (2012 est.)
$42.3 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$60.54 billion (2013 est.)


GDP - real growth rate:
0.5% (2013 est.)
country comparison to the world: 187
0.3% (2012 est.)
1.7% (2011 est.)


GDP - per capita (PPP):
$77,900 (2013 est.)
country comparison to the world: 6
$79,000 (2012 est.)
$81,400 (2011 est.)
note:data are in 2013 US dollars


GDP - composition, by end use:
household consumption:32.3%
government consumption:17.5%
investment in fixed capital:22.2%
investment in inventories:-2.4%
exports of goods and services:170.5%
imports of goods and services:-140.1%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:0.3%
industry:13.3%
services:86.4% (2013 est.)


Agriculture - products:
grapes, barley, oats, potatoes, wheat, fruits; dairy and livestock products


Industries:
banking and financial services, iron and steel, information technology, telecommunications, cargo transportation, food processing, chemicals, metal products, engineering, tires, glass, aluminum, tourism, biotechnology, logistics


Industrial production growth rate:
-1% (2013 est.)
country comparison to the world: 177

Labor force:
208,800
country comparison to the world: 168
note:data exclude foreign workers; in addition to the figure for domestic labor force, about 150,000 workers commute daily from France, Belgium, and Germany (2013 est.)



Labor force - by occupation:
agriculture:1.2%
industry:19.4%
services:79.4% (2012 est.)


Unemployment rate:
4.9% (2013 est.)
country comparison to the world: 44
6.1% (2012 est.)


Population below poverty line:
NA%


Household income or consumption by percentage share:
lowest 10%:3.5%
highest 10%:23.8% (2000)


    Distribution of family income - Gini index:
26 (2005)
country comparison to the world: 134

Budget:
revenues:$23.91 billion
expenditures:$24.94 billion (2013 est.)


Taxes and other revenues:
39.5% of GDP (2013 est.)
country comparison to the world: 46

Budget surplus (+) or deficit (-):
-1.7% of GDP (2013 est.)
country comparison to the world: 78


Public debt:
22.9% of GDP (2013 est.)
country comparison to the world: 133
20.8% of GDP (2012 est.)
note:data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions


Fiscal year:
calendar year


Inflation rate (consumer prices):
1.8% (2013 est.)
country comparison to the world: 62
2.9% (2012 est.)


Central bank discount rate:
0.75% (31 December 2013)
country comparison to the world: 120
1.5% (31 December 2010)
note:this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area


Stock of narrow money:
$84.91 billion (31 December 2013 est.)
country comparison to the world: 38
$89.87 billion (31 December 2012 est.)
note:see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders


Stock of broad money:
$235.8 billion (31 December 2013 est.)
country comparison to the world: 36
$238.2 billion


Stock of domestic credit:
$97.73 billion (31 December 2013 est.)
country comparison to the world: 51
$97.39 billion (31 December 2012 est.)


Market value of publicly traded shares:
$70.34 billion (31 December 2012 est.)


Current account balance:
$2.7 billion (2013 est.)
country comparison to the world: 37
$3.428 billion (2012 est.)


Exports:
$15.8 billion (2013 est.)
country comparison to the world: 77
$15.93 billion (2012 est.)


Exports - commodities:
machinery and equipment, steel products, chemicals, rubber products, glass


Exports - partners:
Germany 21.5%, France 15.5%, Belgium 14.5%, UK 5.8%, Italy 5.6%, Switzerland 4.7% (2012)


Imports:
$23.12 billion (2013 est.)
country comparison to the world: 75
$23.78 billion (2012 est.)


Imports - commodities:
minerals, metals, foodstuffs, quality consumer goods


Imports - partners:
Belgium 30.6%, Germany 23.6%, France 10.4%, US 8.3%, China 7.2%, Netherlands 5.1% (2012)


Reserves of foreign exchange and gold:
$991 million (31 December 2012 est.)
country comparison to the world: 135
$1.014 billion (31 December 2011 est.)


Debt - external:
$2.935 trillion (31 December 2012 est.)
country comparison to the world: 7
$2.084 trillion (31 December 2011)


Stock of direct foreign investment - at home:
$NA
$11.21 billion (31 December 2008 est.)


Stock of direct foreign investment - abroad:
$NA


Exchange rates:
euros (EUR) per US dollar -
0.7634 (2013 est.)
0.7752 (2012 est.)
0.755 (2010 est.)
0.7198 (2009 est.)
0.6827 (2008 est.)


Energy


Electricity - production:
2.07 billion kWh (2011 est.)
country comparison to the world: 134


Electricity - consumption:
6.445 billion kWh (2010 est.)
country comparison to the world: 103


Electricity - exports:
2.623 billion kWh (2012 est.)
country comparison to the world: 38


Electricity - imports:
6.684 billion kWh (2012 est.)
country comparison to the world: 33


Electricity - installed generating capacity:
1.723 million kW (2010 est.)
country comparison to the world: 108


Electricity - from fossil fuels:
28.3% of total installed capacity (2010 est.)
country comparison to the world: 183


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 128


Electricity - from hydroelectric plants:
2% of total installed capacity (2010 est.)
country comparison to the world: 138


Electricity - from other renewable sources:
5.9% of total installed capacity (2010 est.)
country comparison to the world: 39


Crude oil - production:
0 bbl/day (2012 est.)
country comparison to the world: 190


Crude oil - exports:
0 bbl/day (2010 est.)
country comparison to the world: 145


Crude oil - imports:
0 bbl/day (2010 est.)
country comparison to the world: 83


    Crude oil - proved reserves:
0 bbl (1 January 2013 est.)
country comparison to the world: 157


Refined petroleum products - production:
0 bbl/day (2010 est.)
country comparison to the world: 166


Refined petroleum products - consumption:
61,380 bbl/day (2011 est.)
country comparison to the world: 93


Refined petroleum products - exports:
52 bbl/day (2010 est.)
country comparison to the world: 120


Refined petroleum products - imports:
56,780 bbl/day (2010 est.)
country comparison to the world: 64


Natural gas - production:
0 cu m (2011 est.)
country comparison to the world: 157


Natural gas - consumption:
1.364 billion cu m (2010 est.)
country comparison to the world: 85


Natural gas - exports:
0 cu m (2011 est.)
country comparison to the world: 138


Natural gas - imports:
1.206 billion cu m (2012 est.)
country comparison to the world: 53


Natural gas - proved reserves:
0 cu m (1 January 2013 est.)
country comparison to the world: 162


Carbon dioxide emissions from consumption of energy:
11.87 million Mt (2011 est.)



Communications


Telephones - main lines in use:
266,700 (2012)
country comparison to the world: 122


Telephones - mobile cellular:
761,300 (2012)
country comparison to the world: 161


Telephone system:
general assessment:highly developed, completely automated and efficient system, mainly buried cables
domestic:fixed line teledensity over 50 per 100 persons; nationwide mobile-cellular telephone system with market for mobile-cellular phones virtually saturated
international:country code - 352 (2010)



    Broadcast media:
Luxembourg has a long tradition of operating radio and TV services to pan-European audiences and is home to Europe's largest privately owned broadcast media group, the RTL group, which operates 46 TV stations and 29 radio stations in Europe; also home to Europe's largest satellite operator, Societe Europeenne des Satellites (SES); domestically, the RTL group operates TV and radio networks; other domestic private radio and TV operators and French and German stations available; satellite and cable TV services available (2008)


Internet country code:
.lu


Internet hosts:
250,900 (2012)
country comparison to the world: 68


Internet users:
424,500 (2009)
country comparison to the world: 121



Transportation


Airports
2 (2013)
country comparison to the world: 202


Airports - with paved runways
total:1
over 3,047 m:1 (2013)


Airports - with unpaved runways
total:1
under 914 m:
1 (2013)


Heliports
1 (2013)


Pipelines
gas 142 km; refined products 27 km (2013)


Railways
total:275 kmcountry comparison to the world: 123
standard gauge:275 km 1.435-m gauge (243 km electrified) (2008)


Roadways
total:2,899 kmcountry comparison to the world: 167
paved:2,899 km (includes 152 km of expressways) (2011)


    Waterways
37 km (on Moselle River) (2010)
country comparison to the world: 105


Merchant marine
total:49country comparison to the world: 71
by type:bulk carrier 2, cargo 3, chemical tanker 20, container 10, petroleum tanker 2, roll on/roll off 12
foreign-owned:48 (Belgium 11, Denmark 1, France 15, Germany 9, Japan 3, Netherlands 3, Switzerland 1, UK 5)
registered in other countries:18 (Italy 14, Malta 3, Panama 1) (2010)



Ports and terminals
river port(s):Mertert (Moselle)


Military


Military branches
Luxembourg Army (L'Armee Luxembourgeoises) (2013)


Military service age and obligation
18-24 years of age for male and female voluntary military service; no conscription; Luxembourg citizen or EU citizen with 3-year residence in Luxembourg (2012)


Manpower available for military service
males age 16-49:118,665
females age 16-49:117,456 (2010 est.)


Manpower fit for military service
males age 16-49:97,290
females age 16-49:96,361 (2010 est.)


    Manpower reaching militarily significant age annually
male:3,263
female:3,084 (2010 est.)


Military expenditures
0.6% of GDP (2012)
country comparison to the world: 123
0.61% of GDP (2011)
0.6% of GDP (2010)

Information provided by CIA - The World Fact Book



Doing Business in Luxembourg 2017


           
 

 
Luxembourg

  Ease of Doing Business Rank
Overall DTF
59
68.81
 
 
Starting a Business (rank)
67
 
 
Protecting Minority Investors (rank)
123
 
  DTF
88.66
 
  DTF
45.00
 
  Procedures - Men (number)
5.0
 
  Strength of minority investor protection index (0-10)
4.5
 
  Time - Men (number)
16.5
 
  Extent of conflict of interest regulation index (0-10)
4.3
 
  Cost - Men (days)
1.7
 
  Extent of disclosure index (0-10)
6.0
 
  Procedures - Women (days)
5.0
 
  Extent of director liability index (0-10)
4.0
 
  Time - Women (% of income per capita)
16.5
 
  Ease of shareholder suits index (0-10)
3.0
 
  Cost - Women (% of income per capita)
1.7
 
  Extent of shareholder governance index (0-10)
4.7
 
  Paid-in min. capital (% of income per capita)
19.5
 
  Extent of shareholder rights index (0-10)
5.0
 
 

 
  Extent of ownership and control index (0-10)
3.0
 
  Dealing with Construction Permits (rank)
7
 
  Extent of corporate transparency index (0-10)
6.0
 
  DTF
83.70
 
 

 
  Procedures (number)
11.0
 
  Paying Taxes (rank)
16
 
  Time (days)
157.0
 
  DTF
88.92
 
  Cost (% of warehouse value)
0.7
 
  Payments (number per year)
23.0
 
  Building Quality Control Index(0-15)
15.0
 
  Time (hours per year)
55.0
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
20.8
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
4.6
 
  Quality control during construction index (0-3)
3.0
 
  Labor tax and contributions (% of profit)
15.7
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
0.4
 
  Liability and insurance regimes index (0-2)
2.0
 
  Postfiling index (0-100)
89.9
 
  Professional certifications index (0-4)
4.0
 
 
 
 
   
 
 
  Trading Across Borders (rank)
1
 
  Getting Electricity (rank)
32
 
  DTF
100.00
 
  DTF
84.30
 
  Time to export: Border compliance (hours)
0
 
  Procedures (number)
5.0
 
  Cost to export: Border compliance (USD)
0
 
  Time (days)
56.0
 
  Time to export: Documentary compliance (hours)
1
 
  Cost (% of income per capita)
36.0
 
  Cost to export: Documentary compliance (hours) (USD)
0
 
  Reliability of supply and transparency of tariff index (0-8)
7.0
 
  Time to import: Border compliance (hours)
0
 
  Total duration and frequency of outages per customer a year (0-3)
3.0
 
  Cost to import: Border compliance (USD)
0
 
  Mechanisms for monitoring outages (0-1)
1.0
 
  Time to import: Documentary compliance (hours)
1
 
  Mechanisms for restoring service (0-1)
1.0
 
  Cost to import: Documentary compliance (USD)
0
 
  Regulatory monitoring (0-1)
1.0
 
   
 
 
  Financial deterrents aimed at limiting outages (0-1)
0.0
 
  Enforcing Contracts (rank)
15
 
  Communication of tariffs and tariff changes (0-1)
1.0
 
  DTF
73.32
 
  Price of electricity (US cents per kWh)
12.7
 
  Time (days)
321.0
 
   
 
 
  Cost (% of claim)
9.7
 
  Registering Property (rank)
88
 
  Quality of judicial processes index (0-18)
8.5
 
  DTF
63.84
 
   
 
 
  Procedures (number)
7.0
 
  Resolving Insolvency (rank)
82
 
  Time (days)
26.5
 
  DTF
45.40
 
  Cost (% of property value)
10.1
 
  Recovery rate (cents on the dollar)
43.7
 
  Quality of the land administration index (0-30)
25.5
 
  Time (years)
2.0
 
  Reliability of infrastructure index (0-8)
8.0
 
  Cost (% of estate)
14.5
 
  Transparency of information index (0-6)
3.5
 
  Outcome (0 as piecemeal sale and 1 as going concern)
0
 
  Geographic coverage index (0-8)
8.0
 
  Strength of insolvency framework index (0-16)
7.0
 
  Land dispute resolution index (0-8)
6.0
 
  Commencement of proceedings index (0-3)
2.5
 
  Equal access to property rights index (-2-0)
0.0
 
  Management of debtor's assets index (0-6)
3.0
 
 
 
 
  Reorganization proceedings index (0-3)
0.5
 
  Getting Credit (rank)
170
 
  Creditor participation index (0-4)
1.0
 
  DTF
15.00
 
   
 
 
  Strength of legal rights index (0-12)
3.0
 
   
 
 
  Depth of credit information index (0-8)
0.0
 
 
 
 
  Credit registry coverage (% of adults)
0.0
 
   
 
 
  Credit bureau coverage (% of adults)
0.0
 
 
 
 
 

 
   
 
 
 
 
 
 



Information provided by The World Bank Group

 

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

HOME | SITE MAP | GLANCE | DISCLAIMER |  © World Services Group, 2017