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Mongolia Business Guide


Geography


Location:
Northern Asia, between China and Russia


Geographic coordinates:
46 00 N, 105 00 E


Map references:
Asia


Area:
total:1,564,116 sq kmcountry comparison to the world: 19
land:1,553,556 sq km
water:10,560 sq km


Area - comparative:
slightly smaller than Alaska


Land boundaries:
total:8,220 km
border countries:China 4,677 km, Russia 3,543 km


Coastline:
0 km (landlocked)


Maritime claims:
lowest point:Hoh Nuur 560 m
highest point:Nayramadlin Orgil (Huyten Orgil) 4,374 m


Natural resources:
oil, coal, copper, molybdenum, tungsten, phosphates, tin, nickel, zinc, fluorspar, gold, silver, iron


Land use:
arable land:0.39%
permanent crops:0%
other:99.61% (2011)


    Irrigated land:
843 sq km (2003)


Total renewable water resources:
34.8 cu km (2011)


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

Natural hazards:
dust storms; grassland and forest fires; drought; 'zud,' which is harsh winter conditions


Environment - current issues:
limited natural freshwater resources in some areas; the policies of former Communist regimes promoted rapid urbanization and industrial growth that had negative effects on the environment; the burning of soft coal in power plants and the lack of enforcement of environmental laws severely polluted the air in Ulaanbaatar; deforestation, overgrazing, and the converting of virgin land to agricultural production increased soil erosion from wind and rain; desertification and mining activities had a deleterious effect on the environment


Environment - international agreements:
party to:Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified:none of the selected agreements


Geography - note:
landlocked; strategic location between China and Russia



People and Society


Nationality:
noun: Mongolian(s)
adjective:Mongolian


Ethnic groups:
Khalkh 81.9%, Kazak 3.8%, Dorvod 2.7%, Bayad 2.1%, Buryat-Bouriates 1.7%, Zakhchin 1.2%, Dariganga 1%, Uriankhai 1%, other 4.6% (2010 est.)


Languages:
Khalkha Mongol 90% (official), Turkic, Russian (1999)


Religions:
Buddhist 53%, Muslim 3%, Christian 2.2%, Shamanist 2.9%, other 0.4%, none 38.6% (2010 est.)


Population:
2,953,190 (July 2014 est.)country comparison to the world: 139


Age structure:
0-14 years:26.8% (male 404,051/female 388,546)
15-24 years:18.7% (male 278,912/female 273,167)
25-54 years:44.5% (male 636,799/female 677,236)
55-64 years:5.9% (male 80,267/female 94,021)
65 years and over:4% (male 49,314/female 70,877) (2014 est.)


Dependency ratios:
total dependency ratio:45.4 %
youth dependency ratio:39.9 %
elderly dependency ratio:5.5 %
potential support ratio:18 (2014 est.)


Median age:
total:27.1 years
male:26.3 years
female:27.8 years (2014 est.)


Population growth rate:
1.37% (2014 est.)country comparison to the world: 89


Birth rate:
20.88 births/1,000 population (2014 est.)country comparison to the world: 81


Death rate:
6.38 deaths/1,000 population (2014 est.)country comparison to the world: 155


Net migration rate:
-0.85 migrant(s)/1,000 population (2014 est.)country comparison to the world: 145


Urbanization:
urban population:68.5% of total population (2011)
rate of urbanization:2.81% annual rate of change (2010-15 est.)


Major urban areas - population:
ULAANBAATAR (capital) 1.184 million (2011)


Sex ratio:
at birth:1.05 male(s)/female
0-14 years:1.04 male(s)/female
15-24 years:1.02 male(s)/female
25-54 years:0.94 male(s)/female
55-64 years:0.96 male(s)/female
65 years and over:0.77 male(s)/female
total population:1 male(s)/female (2014 est.)


Mother's mean age at first birth:
21.9


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


Infant mortality rate:
total:23.15 deaths/1,000 live birthscountry comparison to the world: 79
male:26.4 deaths/1,000 live births
female:19.75 deaths/1,000 live births (2014 est.)


    Life expectancy at birth:
total population:68.98 yearscountry comparison to the world: 158
male:64.72 years
female:73.45 years (2014 est.)


Total fertility rate:
2.22 children born/woman (2014 est.)country comparison to the world: 100


Contraceptive prevalence rate:
55% (2010)


Health expenditures:
5.3% of GDP (2011)


Physicians density:
2.76 physicians/1,000 population (2008)


Hospital bed density:
6.8 beds/1,000 population (2011)


Drinking water source:
improved:
urban: 94.8% of population
rural: 61.2% of population
total: 84.6% of population
unimproved:
urban: 5.2% of population
rural: 38.8% of population
total: 15.4% of population (2012 est.)


Sanitation facility access:
improved:
urban: 65.3% of population
rural: 35.4% of population
total: 56.2% of population
unimproved:
urban: 34.7% of population
rural: 64.6% of population
total: 43.8% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
less than 0.1% (2009 est.)country comparison to the world: 161


HIV/AIDS - people living with HIV/AIDS:
fewer than 500 (2009 est.)country comparison to the world: 160


HIV/AIDS - deaths:
fewer than 100 (2009 est.)country comparison to the world: 140


Obesity - adult prevalence rate:
14.4% (2008)country comparison to the world: 122


Children under the age of 5 years underweight:
5.3% (2005)country comparison to the world: 88


Education expenditures:
5.5% of GDP (2011)country comparison to the world: 58

Literacy:
definition:age 15 and over can read and write
total population:97.4%
male:96.8%
female:97.9% (2011 est.)


School life expectancy (primary to tertiary education):
total:15 years
male:14 years
female:16 years (2012)


Child labor - children ages 5-14:



Unemployment, youth ages 15-24:
total:11.9%country comparison to the world: 100
male:10.7%
female:13.2% (2011)


Government


Country name:
conventional long form: none
conventional short form:Mongolia
local long form:none
local short form:Mongol Uls
former:Outer Mongolia


Government type:
parliamentary


Capital:
name:Ulaanbaatar
geographic coordinates:47 55 N, 106 55 E
time difference:UTC+8 (13 hours ahead of Washington, DC, during Standard Time)


Administrative divisions:
21 provinces (aymguud, singular - aymag) and 1 municipality* (singular - hot); Arhangay, Bayanhongor, Bayan-Olgiy, Bulgan, Darhan-Uul, Dornod, Dornogovi, Dundgovi, Dzavhan (Zavkhan), Govi-Altay, Govisumber, Hentiy, Hovd, Hovsgol, Omnogovi, Orhon, Ovorhangay, Selenge, Suhbaatar, Tov, Ulaanbaatar*, Uvs


Independence:
11 July 1921 (from China)


National holiday:
Independence Day/Revolution Day, 11 July (1921)


Constitution:
several previous; latest adopted 13 January 1992, effective 12 February 1992; amended 1999, 2001 (2011)


Legal system:
civil law system influenced by Soviet and Romano-Germanic legal systems; constitution ambiguous on judicial review of legislative acts


International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction


Suffrage:
18 years of age; universal


Executive branch:
chief of state:President Tsakhia ELBEGDORJ (since 18 June 2009)
head of government:Prime Minister Norov ALTANKHUYAG (since 9 August 2012); Deputy Prime Minister Dendev TERBISHDAGVA (since 20 August 2012)
cabinet:Cabinet nominated by the prime minister in consultation with the president and confirmed by the State Great Hural (parliament)
elections:presidential candidates nominated by political parties represented in State Great Hural and elected by popular vote for a four-year term (eligible for a second term); election last held on 26 June 2013 (next to be held in June 2017); following legislative elections, leaders of the majority party or a majority coalition usually elect the prime minister of the State Great Hural
election results:Tsakhia ELBEGDORJ elected president; percent of vote - Tsakhia ELBEGDORJ 50.2%, Badmaanyambuu BAT-ERDENE 42%, Natsag UDVAL 6.5%, other 1.3%


Legislative branch:
unicameral State Great Hural (76 seats; of which 48 members are directly elected from 26 electoral districts, while 28 members are proportionally elected based on a party's share of the total votes; all serve four-year terms)
elections:last held on 28 June 2012 (next to be held in June 2016)
election results:percent of vote by party - NA; seats by party - DP 33, MPP 25, Justice Coalition 11, others 5, vacant 2


Judicial branch:
highest court(s):Supreme Court (consists of the Chief Justice and 16 judges organized into civil, criminal, and administrative chambers); Constitutional Court or Tsets (consists of a chairman and 8 members)
judge selection and term of office:Supreme Court chief justice and judges appointed by the president upon recommendation to the State Great Hural by the General Council of Courts; term of appointment is for life; chairman of the Constitutional Court elected from among its members; members appointed by the State Great Heral upon nominations - 3 each by the president, the State Great Hural, and the Supreme Court; term of appointment is 6 years; chairmanship limited to a single renewable 3-year term
subordinate courts:aimag (provincial) and capital city appellate courts; soum, inter-soum, and district courts; Administrative Cases Courts (established in 2004)


    Political parties and leaders:
Civil Will-Green Party or CWGP [Sanjaasuren OYUN]
Democratic Party or DP [Norov ALTANHUYAG]
Justice Coalition (includes MPRP and MNDP)
Mongolian National Democratic Party or MNDP [Mendsaikhan ENKHSAIKHAN]
Mongolian People's Party or MPP [Miyegombo ENKHBOLD]
Mongolian People's Revolutionary Party or MPRP [Nambar ENKHBAYAR]


Political pressure groups and leaders:
Civil Will-Green Party or CWGP [Sanjaasuren OYUN]
Democratic Party or DP [Norov ALTANHUYAG]
Justice Coalition (includes MPRP and MNDP)
Mongolian National Democratic Party or MNDP [Mendsaikhan ENKHSAIKHAN]
Mongolian People's Party or MPP [Miyegombo ENKHBOLD]
Mongolian People's Revolutionary Party or MPRP [Nambar ENKHBAYAR]



International organization participation:
ADB, ARF, CD, CICA, CP, EBRD, EITI (compliant country), FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MONUSCO, NAM, OPCW, OSCE, SCO (observer), UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNISFA, UNMISS, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO


Diplomatic representation in the US:
chief of mission:Ambassador Bulgaa ALTANGEREL (since 8 January 2013)
chancery:2833 M Street NW, Washington, DC 20007
telephone:[1] (202) 333-7117
FAX:[1] (202) 298-9227
consulate(s) general:New York, San Francisco


Diplomatic representation from the US:
chief of mission:Ambassador Piper Anne Wind CAMPBELL (since 6 August 2012)
embassy:Denver Street #3, 11th Micro Region, Big Ring Road, Ulaanbaatar, 14190 Mongolia
mailing address:PSC 461, Box 300, FPO AP 96521-0002; P.O. Box 341, Ulaanbaatar-14192
telephone:[976] 7007-6001
FAX:[976] 7007-6016


Flag description:
three equal, vertical bands of red (hoist side), blue, and red; centered on the hoist-side red band in yellow is the national emblem ('soyombo' - a columnar arrangement of abstract and geometric representation for fire, sun, moon, earth, water, and the yin-yang symbol); blue represents the sky, red symbolizes progress and prosperity


National symbol(s):
soyombo emblem


National anthem:
name:'Mongol ulsyn toriin duulal' (National Anthem of Mongolia)
lyrics/music:Tsendiin DAMDINSUREN/Bilegiin DAMDINSUREN and Luvsanjamts MURJORJ
note:music adopted 1950, lyrics adopted 2006; the anthem's lyrics have been altered on numerous occasions


Economy


Economy - overview:
Mongolia's extensive mineral deposits and attendant growth in mining-sector activities have transformed Mongolia's economy, which traditionally has been dependent on herding and agriculture. Mongolia's copper, gold, coal, molybdenum, fluorspar, uranium, tin, and tungsten deposits, among others, have attracted foreign direct investment. Soviet assistance, at its height one-third of GDP, disappeared almost overnight in 1990 and 1991 at the time of the dismantlement of the USSR. The following decade saw Mongolia endure both deep recession, because of political inaction and natural disasters, as well as economic growth, because of reform-embracing, free-market economics and extensive privatization of the formerly state-run economy. The country opened a fledgling stock exchange in 1991. Mongolia joined the World Trade Organization in 1997 and seeks to expand its participation in regional economic and trade regimes. Growth averaged nearly 9% per year in 2004-08 largely because of high copper prices globally and new gold production. By late 2008, Mongolia was hit hard by the global financial crisis. Slower global economic growth hurt the country's exports, notably copper, and slashed government revenues. As a result, Mongolia's real economy contracted 1.3% in 2009. In early 2009, the International Monetary Fund reached a $236 million Stand-by Arrangement with Mongolia and the country has largely emerged from the crisis with better regulations and closer supervision. The banking sector strengthened but weaknesses remain. In October 2009, Mongolia passed long-awaited legislation on an investment agreement to develop the Oyu Tolgoi mine, considered to be among the world's largest untapped copper-gold deposits. Mongolia's ongoing dispute with a foreign investor over Oyu Tolgoi, however, has called into question the attractiveness of Mongolia as a destination for foreign direct investment. Negotiations to develop the massive Tavan Tolgoi coal field also have stalled. The economy has grown more than 10% per year since 2010, largely on the strength of commodity exports to nearby countries and high government spending domestically. Mongolia's economy, however, faces near-term economic risks from the government's loose fiscal and monetary policies, which are contributing to high inflation, and from uncertainties in foreign demand for Mongolian exports. Trade with China represents more than half of Mongolia's total external trade - China receives more than 90% of Mongolia's exports and is Mongolia's largest supplier. Mongolia has relied on Russia for energy supplies, leaving it vulnerable to price increases; in the first 11 months of 2013, Mongolia purchased 76% of its gasoline and diesel fuel and a substantial amount of electric power from Russia. A drop in foreign direct investment and a decrease in Chinese demand for Mongolia's mineral exports are putting pressure on Mongolia's balance of payments. Remittances from Mongolians working abroad, particularly in South Korea, are significant.


GDP (purchasing power parity):
$17.03 billion (2013 est.)
country comparison to the world: 140
$15.23 billion (2012 est.)
$13.57 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$11.14 billion (2013 est.)


GDP - real growth rate:
11.8% (2013 est.)
country comparison to the world: 6
12.3% (2012 est.)
17.5% (2011 est.)


GDP - per capita (PPP):
$5,900 (2013 est.)
country comparison to the world: 152
$5,400 (2012 est.)
$4,900 (2011 est.)
note:data are in 2013 US dollars


GDP - composition, by end use:
household consumption:58.5%
government consumption:14.9%
investment in fixed capital:55.8%
investment in inventories:0%
exports of goods and services:50%
imports of goods and services:-79.2%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:16.5%
industry:32.6%
services:50.9% (2013 est.)


Agriculture - products:
wheat, barley, vegetables, forage crops; sheep, goats, cattle, camels, horses


Industries:
construction and construction materials; mining (coal, copper, molybdenum, fluorspar, tin, tungsten, gold); oil; food and beverages; processing of animal products, cashmere and natural fiber manufacturing


Industrial production growth rate:
11% (2013 est.)
country comparison to the world: 10

Labor force:
1.037 million (2011 est.)
country comparison to the world: 141


Labor force - by occupation:
agriculture:33%
industry:10.6%
services:56.4% (2011)


    Unemployment rate:
9% (2011 est.)
country comparison to the world: 99
13% (2010)


Population below poverty line:
29.8% (2011 est.)


Household income or consumption by percentage share:
lowest 10%:3%
highest 10%:28.4% (2008)


Distribution of family income - Gini index:
36.5 (2008)
country comparison to the world: 84
32.8 (2002)


Budget:
revenues:$3.462 billion
expenditures:$4.36 billion (2013 est.)


Taxes and other revenues:
31.1% of GDP (2013 est.)
country comparison to the world: 87

Budget surplus (+) or deficit (-):
-8.1% of GDP (2013 est.)
country comparison to the world: 196


Fiscal year:
calendar year


Inflation rate (consumer prices):
8.2% (2013 est.)
country comparison to the world: 196
15% (2012 est.)


Central bank discount rate:
13.25% (31 December 2012)
country comparison to the world: 15
12.25% (31 December 2011 est.)


Commercial bank prime lending rate:
17.5% (31 December 2013 est.)
country comparison to the world: 23
18.2% (31 December 2012 est.)


Stock of narrow money:
$1.219 billion (31 December 2013 est.)
country comparison to the world: 143
$1.318 billion (31 December 2012 est.)


Stock of broad money:
$6.329 billion (31 December 2013 est.)
country comparison to the world: 120
$5.472 billion (31 December 2012 est.)


Stock of domestic credit:
$3.297 billion (31 December 2013 est.)
country comparison to the world: 122
$3.09 billion (31 December 2012 est.)


Market value of publicly traded shares:
$1.293 billion (31 December 2012 est.)


Current account balance:
-$3.639 billion (2013 est.)
country comparison to the world: 162
-$3.362 billion (2012 est.)


Exports:
$4.294 billion (2013 est.)
country comparison to the world: 117
$4.382 billion (2012 est.)


Exports - commodities:
copper, apparel, livestock, animal products, cashmere, wool, hides, fluorspar, other nonferrous metals, coal, crude oil


Exports - partners:
China 89%, Canada 4.1% (2012)


Imports:
$5.696 billion (2013 est.)
country comparison to the world: 121
$5.934 billion (2012 est.)


Imports - commodities:
machinery and equipment, fuel, cars, food products, industrial consumer goods, chemicals, building materials, cigarettes and tobacco, appliances, soap and detergent


Imports - partners:
China 37.5%, Russia 25.6%, US 9.4%, South Korea 6.1%, Japan 4.9% (2012)


Debt - external:
$4.954 billion (31 December 2013 est.)
country comparison to the world: 120
$4.669 billion (31 December 2012 est.)


Stock of direct foreign investment - at home:
$1.69 billion (31 December 2013 est.)
country comparison to the world: 101
$4.452 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$NA (31 December 2013 est.)
$44 million (31 December 2012 est.)


Exchange rates:
togrog/tugriks (MNT) per US dollar -
1,444.3 (2013 est.)
1,357.6 (2012 est.)
1,357.1 (2010 est.)
1,442.8 (2009)
1,170 (2007)


Energy


Electricity - production:
4.48 billion kWh (2010 est.)
country comparison to the world: 120


Electricity - consumption:
3.951 billion kWh (2010 est.)
country comparison to the world: 124


Electricity - exports:
22 million kWh (2010 est.)
country comparison to the world: 88


Electricity - imports:
263 million kWh (2010 est.)
country comparison to the world: 83


Electricity - installed generating capacity:
833,200 kW (2010 est.)
country comparison to the world: 128


Electricity - from fossil fuels:
99.9% of total installed capacity (2010 est.)
country comparison to the world: 45


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 133


Electricity - from hydroelectric plants:
0% of total installed capacity (2010 est.)
country comparison to the world: 182


Electricity - from other renewable sources:
0.1% of total installed capacity (2010 est.)
country comparison to the world: 102


Crude oil - production:
9,935 bbl/day (2012 est.)
country comparison to the world: 91


Crude oil - exports:
5,680 bbl/day (2010 est.)
country comparison to the world: 64


    Crude oil - imports:
0 bbl/day (2010 est.)
country comparison to the world: 88


Crude oil - proved reserves:
NA bbl



Refined petroleum products - production:
0 bbl/day (2010 est.)
country comparison to the world: 169


Refined petroleum products - consumption:
21,610 bbl/day (2011 est.)
country comparison to the world: 125


Refined petroleum products - exports:
0 bbl/day (2010 est.)
country comparison to the world: 195


Refined petroleum products - imports:
17,360 bbl/day (2010 est.)
country comparison to the world: 109


Natural gas - production:
0 cu m (2011 est.)
country comparison to the world: 161


Natural gas - consumption:
0 cu m (2010 est.)
country comparison to the world: 167


Natural gas - exports:
0 cu m (2011 est.)
country comparison to the world: 142


Natural gas - imports:
0 cu m (2011 est.)
country comparison to the world: 91


Natural gas - proved reserves:
0 cu m (1 January 2013 est.)
country comparison to the world: 165


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



Communications


Telephones - main lines in use:
176,700 (2012)
country comparison to the world: 129


Telephones - mobile cellular:
3.375 million (2012)
country comparison to the world: 126


Telephone system:
general assessment:network is improving with international direct dialing available in many areas; a fiber-optic network has been installed that is improving broadband and communication services between major urban centers with multiple companies providing inter-city fiber-optic cable services
domestic:very low fixed-line teledensity; there are multiple mobile-cellular providers and subscribership is increasing
international:country code - 976; satellite earth stations - 7 (2011)



    Broadcast media:
following a law passed in 2005, Mongolia's state-run radio and TV provider converted to a public service provider; also available are private radio and TV broadcasters, as well as multi-channel satellite and cable TV providers; more than 100 radio stations, including some 20 via repeaters for the public broadcaster; transmissions of multiple international broadcasters are available (2008)


Internet country code:
.mn


Internet hosts:
20,084 (2012)
country comparison to the world: 118


Internet users:
330,000 (2008)
country comparison to the world: 125



Transportation


Airports
44 (2013)
country comparison to the world: 98


Airports - with paved runways
total:15
over 3,047 m:2
2,438 to 3,047 m:10
1,524 to 2,437 m:3 (2013)


Airports - with unpaved runways
total:29
over 3,047 m:2
2,438 to 3,047 m:2
1,524 to 2,437 m:24
under 914 m:
1 (2013)


Heliports
1 (2013)


Railways
total:1,908 kmcountry comparison to the world: 73
broad gauge:1,908 km 1.520-m gauge
note:the railway is 50 percent owned by the Russian State Railway (2010)


    Roadways
total:49,249 kmcountry comparison to the world: 78
paved:4,800 km
unpaved:44,449 km (2013)


Waterways
580 km (the only waterway in operation is Lake Hovsgol) (135 km); Selenge River (270 km) and Orhon River (175 km) are navigable but carry little traffic; lakes and rivers freeze in winter, they are open from May to September) (2010)
country comparison to the world: 82


Merchant marine
total:57country comparison to the world: 68
by type:bulk carrier 21, cargo 25, chemical tanker 1, container 2, liquefied gas 2, passenger/cargo 2, roll on/roll off 3, vehicle carrier 1
foreign-owned:44 (Indonesia 2, Japan 2, North Korea 1, Russia 2, Singapore 3, Ukraine 1, Vietnam 33) (2010)



Military


Military branches
Mongolian Armed Forces (Mongol ulsyn zevsegt huchin): Mongolian Army (includes Mongolian Air and Air Defense, which is to become a separate service in 2015); there is no navy (2013)


Military service age and obligation
18-25 years of age for compulsory and voluntary military service; conscript service obligation is 12 months in land or air defense forces or police; a small portion of Mongolian land forces (2.5 percent) is comprised of contract soldiers; women cannot be deployed overseas for military operations (2012)


Manpower available for military service
males age 16-49:898,546
females age 16-49:891,192 (2010 est.)


Manpower fit for military service
males age 16-49:726,199
females age 16-49:756,628 (2010 est.)


    Manpower reaching militarily significant age annually
male:30,829
female:29,648 (2010 est.)


Military expenditures
1.12% of GDP (2012)
country comparison to the world: 92
0.99% of GDP (2011)
1.12% of GDP (2010)

Information provided by CIA - The World Fact Book



Doing Business in Mongolia 2017


           
 

 
Mongolia

  Ease of Doing Business Rank
Overall DTF
64
68.15
 
 
Starting a Business (rank)
36
 
 
Protecting Minority Investors (rank)
26
 
  DTF
92.55
 
  DTF
68.33
 
  Procedures - Men (number)
5.0
 
  Strength of minority investor protection index (0-10)
6.8
 
  Time - Men (number)
6.0
 
  Extent of conflict of interest regulation index (0-10)
7.0
 
  Cost - Men (days)
1.5
 
  Extent of disclosure index (0-10)
6.0
 
  Procedures - Women (days)
5.0
 
  Extent of director liability index (0-10)
8.0
 
  Time - Women (% of income per capita)
6.0
 
  Ease of shareholder suits index (0-10)
7.0
 
  Cost - Women (% of income per capita)
1.5
 
  Extent of shareholder governance index (0-10)
6.7
 
  Paid-in min. capital (% of income per capita)
0.0
 
  Extent of shareholder rights index (0-10)
4.0
 
 

 
  Extent of ownership and control index (0-10)
8.0
 
  Dealing with Construction Permits (rank)
29
 
  Extent of corporate transparency index (0-10)
8.0
 
  DTF
78.19
 
 

 
  Procedures (number)
17.0
 
  Paying Taxes (rank)
35
 
  Time (days)
137.0
 
  DTF
84.19
 
  Cost (% of warehouse value)
0.1
 
  Payments (number per year)
19.0
 
  Building Quality Control Index(0-15)
14.0
 
  Time (hours per year)
148.0
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
24.7
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
10.3
 
  Quality control during construction index (0-3)
2.0
 
  Labor tax and contributions (% of profit)
12.4
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
2.0
 
  Liability and insurance regimes index (0-2)
2.0
 
  Postfiling index (0-100)
78.7
 
  Professional certifications index (0-4)
4.0
 
 
 
 
   
 
 
  Trading Across Borders (rank)
103
 
  Getting Electricity (rank)
137
 
  DTF
66.89
 
  DTF
55.12
 
  Time to export: Border compliance (hours)
62
 
  Procedures (number)
8.0
 
  Cost to export: Border compliance (USD)
191
 
  Time (days)
79.0
 
  Time to export: Documentary compliance (hours)
168
 
  Cost (% of income per capita)
579.1
 
  Cost to export: Documentary compliance (hours) (USD)
64
 
  Reliability of supply and transparency of tariff index (0-8)
3.0
 
  Time to import: Border compliance (hours)
48
 
  Total duration and frequency of outages per customer a year (0-3)
0.0
 
  Cost to import: Border compliance (USD)
210
 
  Mechanisms for monitoring outages (0-1)
1.0
 
  Time to import: Documentary compliance (hours)
115
 
  Mechanisms for restoring service (0-1)
0.0
 
  Cost to import: Documentary compliance (USD)
83
 
  Regulatory monitoring (0-1)
1.0
 
   
 
 
  Financial deterrents aimed at limiting outages (0-1)
0.0
 
  Enforcing Contracts (rank)
85
 
  Communication of tariffs and tariff changes (0-1)
1.0
 
  DTF
58.48
 
  Price of electricity (US cents per kWh)
6.9
 
  Time (days)
374.0
 
   
 
 
  Cost (% of claim)
30.6
 
  Registering Property (rank)
46
 
  Quality of judicial processes index (0-18)
5.5
 
  DTF
74.18
 
   
 
 
  Procedures (number)
5.0
 
  Resolving Insolvency (rank)
91
 
  Time (days)
10.5
 
  DTF
43.59
 
  Cost (% of property value)
2.1
 
  Recovery rate (cents on the dollar)
17.1
 
  Quality of the land administration index (0-30)
14.5
 
  Time (years)
4.0
 
  Reliability of infrastructure index (0-8)
4.0
 
  Cost (% of estate)
15.0
 
  Transparency of information index (0-6)
2.5
 
  Outcome (0 as piecemeal sale and 1 as going concern)
0
 
  Geographic coverage index (0-8)
0.0
 
  Strength of insolvency framework index (0-16)
11.0
 
  Land dispute resolution index (0-8)
8.0
 
  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)
6.0
 
 
 
 
  Reorganization proceedings index (0-3)
0.5
 
  Getting Credit (rank)
62
 
  Creditor participation index (0-4)
2.0
 
  DTF
60.00
 
   
 
 
  Strength of legal rights index (0-12)
5.0
 
   
 
 
  Depth of credit information index (0-8)
7.0
 
 
 
 
  Credit registry coverage (% of adults)
42.2
 
   
 
 
  Credit bureau coverage (% of adults)
0.0
 
 
 
 
 

 
   
 
 
 
 
 
 



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