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Paraguay Business Guide


Geography


Location:
Central South America, northeast of Argentina, southwest of Brazil


Geographic coordinates:
23 00 S, 58 00 W


Map references:
South America


Area:
total:406,752 sq kmcountry comparison to the world: 60
land:397,302 sq km
water:9,450 sq km


Area - comparative:
slightly smaller than California


Land boundaries:
total:3,995 km
border countries:Argentina 1,880 km, Bolivia 750 km, Brazil 1,365 km


Coastline:
0 km (landlocked)


Maritime claims:
lowest point:junction of Rio Paraguay and Rio Parana 46 m
highest point:Cerro Pero 842 m


Natural resources:
hydropower, timber, iron ore, manganese, limestone


    Land use:
arable land:9.59%
permanent crops:0.22%
other:90.19% (2011)


Irrigated land:
670 sq km (2003)


Total renewable water resources:
336 cu km (2011)


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

Natural hazards:
local flooding in southeast (early September to June); poorly drained plains may become boggy (early October to June)


Environment - current issues:
deforestation; water pollution; inadequate means for waste disposal pose health risks for many urban residents; loss of wetlands


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


Geography - note:
landlocked; lies between Argentina, Bolivia, and Brazil; population concentrated in southern part of country



People and Society


Nationality:
noun: Paraguayan(s)
adjective:Paraguayan


Ethnic groups:
mestizo (mixed Spanish and Amerindian) 95%, other 5%


Languages:
Spanish (official), Guarani (official)


Religions:
Roman Catholic 89.6%, Protestant 6.2%, other Christian 1.1%, other or unspecified 1.9%, none 1.1% (2002 census)


Demographic profile:
Paraguay falls below the Latin American average in several socioeconomic categories, including immunization rates, potable water, sanitation, and secondary school enrollment, and has greater rates of income inequality and child and maternal mortality. Paraguay's poverty rate has declined in recent years but remains high, especially in rural areas, with more than a third of the population below the poverty line. However, the well-being of the poor in many regions has improved in terms of housing quality and access to clean water, telephone service, and electricity. The fertility rate continues to drop, declining sharply from an average 4.3 births per woman in the late 1990s to about 2 in 2013, as a result of the greater educational attainment of women, increased use of contraception, and a desire for smaller families among young women.


Population:
6,703,860 (July 2014 est.)country comparison to the world: 105


Age structure:
0-14 years:26.2% (male 892,315/female 861,915)
15-24 years:20.5% (male 691,365/female 683,653)
25-54 years:39.5% (male 1,326,281/female 1,323,194)
55-64 years:7.2% (male 246,869/female 236,564)
65 years and over:6.4% (male 206,089/female 235,615) (2014 est.)


Dependency ratios:
total dependency ratio:60.5 %
youth dependency ratio:51.5 %
elderly dependency ratio:8.9 %
potential support ratio:11.2 (2014 est.)


Median age:
total:26.8 years
male:26.6 years
female:27 years (2014 est.)


Population growth rate:
1.19% (2014 est.)country comparison to the world: 100


Birth rate:
16.66 births/1,000 population (2014 est.)country comparison to the world: 118


Death rate:
4.64 deaths/1,000 population (2014 est.)country comparison to the world: 199


Net migration rate:
-0.08 migrant(s)/1,000 population (2014 est.)country comparison to the world: 114


Urbanization:
urban population:61.9% of total population (2011)
rate of urbanization:2.55% annual rate of change (2010-15 est.)


Major urban areas - population:
ASUNCION (capital) 2.139 million (2011)


Sex ratio:
at birth:1.05 male(s)/female
0-14 years:1.04 male(s)/female
15-24 years:1.01 male(s)/female
25-54 years:1 male(s)/female
55-64 years:1.01 male(s)/female
65 years and over:0.87 male(s)/female
total population:1.01 male(s)/female (2014 est.)


Mother's mean age at first birth:
22.9


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


Infant mortality rate:
total:20.75 deaths/1,000 live birthscountry comparison to the world: 86
male:24.39 deaths/1,000 live births
female:16.93 deaths/1,000 live births (2014 est.)


    Life expectancy at birth:
total population:76.8 yearscountry comparison to the world: 72
male:74.16 years
female:79.56 years (2014 est.)


Total fertility rate:
1.96 children born/woman (2014 est.)country comparison to the world: 131


Contraceptive prevalence rate:
79.4%


Health expenditures:
9.7% of GDP (2011)


Physicians density:
1.11 physicians/1,000 population (2002)


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


Drinking water source:
improved:
urban: 100% of population
rural: 83.4% of population
total: 93.8% of population
unimproved:
urban: 0% of population
rural: 16.6% of population
total: 6.2% of population (2012 est.)


Sanitation facility access:
improved:
urban: 96.1% of population
rural: 52.5% of population
total: 79.7% of population
unimproved:
urban: 3.9% of population
rural: 47.5% of population
total: 20.3% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
0.3% (2012 est.)country comparison to the world: 86


HIV/AIDS - people living with HIV/AIDS:
13,100 (2012 est.)country comparison to the world: 96


HIV/AIDS - deaths:
300 (2012 est.)country comparison to the world: 104


Major infectious diseases:


Obesity - adult prevalence rate:
17.9% (2008)country comparison to the world: 110


Children under the age of 5 years underweight:
3.4% (2005)country comparison to the world: 104


Education expenditures:
4.8% of GDP (2011)country comparison to the world: 84

Literacy:
definition:age 15 and over can read and write
total population:93.9%
male:94.8%
female:92.9% (2010 est.)


School life expectancy (primary to tertiary education):
total:13 years
male:12 years
female:13 years (2011)


Child labor - children ages 5-14:



Unemployment, youth ages 15-24:
total:11.2%country comparison to the world: 104
male:9%
female:14.6% (2012)


Government


Country name:
conventional long form: Republic of Paraguay
conventional short form:Paraguay
local long form:Republica del Paraguay
local short form:Paraguay


Government type:
constitutional republic


Capital:
name:Asuncion
geographic coordinates:25 16 S, 57 40 W
time difference:UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
daylight saving time:+1hr, begins first Sunday in October; ends fourth Sunday in March


Administrative divisions:
17 departments (departamentos, singular - departamento) and 1 capital city*; Alto Paraguay, Alto Parana, Amambay, Asuncion*, Boqueron, Caaguazu, Caazapa, Canindeyu, Central, Concepcion, Cordillera, Guaira, Itapua, Misiones, Neembucu, Paraguari, Presidente Hayes, San Pedro


Independence:
14 May 1811 (from Spain)


National holiday:
Independence Day, 14 May 1811 (observed 15 May)


Constitution:
several previous; latest approved and promulgated 20 June 1992; amended 2011 (2011)


Legal system:
civil law system with influences from Argentine, Spanish, Roman, and French civil law models; judicial review of legislative acts in Supreme Court of Justice


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


Suffrage:
18 years of age; universal and compulsory until the age of 75


Executive branch:
chief of state:President Horacio CARTES (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013); note - the president is both chief of state and head of government
head of government:President Horacio CARTES (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013)
cabinet:Council of Ministers appointed by the president
elections:president and vice president elected on the same ticket by popular vote for a single five-year term; election last held on 21 April 2013 (next to be held in April 2018)
election results:Horacio CARTES elected president; percent of vote - Horacio CARTES 45.8%, Efrain ALEGRE 36.94%, Mario FERREIRO 5.88%, Anibal CARRILLO 3.32%, other 8.06%


Legislative branch:
bicameral National Congress or Congreso Nacional consists of the Chamber of Senators or Camara de Senadores (45 seats; members elected by popular vote to serve five-year terms) and the Chamber of Deputies or Camara de Diputados (80 seats; members elected by popular vote to serve five-year terms)
elections:Chamber of Senators - last held on 21 April 2013 (next to be held in April 2018); Chamber of Deputies - last held on 21 April 2013 (next to be held in April 2018)
election results:Chamber of Senators - percent of vote by party - NA; seats by party - ANR 19, PLRA 12, FG 5, PDP 3, Avanza Pais 2, UNACE 2, PEN 1, PPQ 1; Chamber of Deputies - percent of vote by party - NA; seats by party - ANR 44, PLRA 27, Avanza Pais 2, PEN 2, UNACE 2, FG 1, PPQ 1, other 1


Judicial branch:
highest court(s):Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 justices divided 3 each into the Constitutional Court, Civil and Commercial Chamber, and Criminal Division
judge selection and term of office:justices proposed by the Council of Magistrates or Consejo de la Magistratura, a 6-member independent body, and appointed by the Chamber of Senators with presidential concurrence; judges appointed until mandatory retirement at age 75
subordinate courts:appellate courts; first instance courts; minor courts, including justices of the peace


    Political parties and leaders:
Asociacion Nacional Republicana - Colorado Party or ANR [Lilian SAMANIEGO]
Avanza Pais coalition [Adolfo FERREIRO]
Broad Front coalition (Frente Guasu) or FG [Fernando Armindo LUGO Mendez]
Movimiento Union Nacional de Ciudadanos Eticos or UNACE [Jorge OVIEDO MATTO]
Patria Querida (Beloved Fatherland Party) or PPQ [Sebastian ACHA]
Partido del Movimiento al Socialismo or P-MAS [Camilo Ernesto SOARES Machado]
Partido Democratica Progresista or PDP [Desiree MASI]
Partido Encuentro Nacional or PEN [Fernando CAMACHO Paredes]
Partido Liberal Radical Autentico or PLRA [Miguel ABDON SAGUIER]
Partido Pais Solidario or PPS [Carlos Alberto FILIZZOLA Pallares]
Partido Popular Tekojoja [Sixto PEREIRA]


Political pressure groups and leaders:
Ahorristas Estafados or AE


International organization participation:
CAN (associate), CD, CELAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, MONUSCO, NAM (observer), OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO


Diplomatic representation in the US:
chief of mission:Ambassador (vacant); Chargé d'Affaires Francisco BARREIRO (since 31 October 2013)
chancery:2400 Massachusetts Avenue NW, Washington, DC 20008
telephone:[1] (202) 483-6960 through 6962
FAX:[1] (202) 234-4508
consulate(s) general:Los Angeles, Miami, New York


Diplomatic representation from the US:
embassy:1776 Avenida Mariscal Lopez, Casilla Postal 402, Asuncion
mailing address:Unit 4711, DPO AA 34036-0001
telephone:[595] (21) 213-715
FAX:[595] (21) 213-728


Flag description:
three equal, horizontal bands of red (top), white, and blue with an emblem centered in the white band; unusual flag in that the emblem is different on each side; the obverse (hoist side at the left) bears the national coat of arms (a yellow five-pointed star within a green wreath capped by the words REPUBLICA DEL PARAGUAY, all within two circles); the reverse (hoist side at the right) bears a circular seal of the treasury (a yellow lion below a red Cap of Liberty and the words PAZ Y JUSTICIA (Peace and Justice)); red symbolizes bravery and patriotism, white represents integrity and peace, and blue denotes liberty and generosity


National symbol(s):
lion


National anthem:
name:'Paraguayos, Republica o muerte!' (Paraguayans, The Republic or Death!)

lyrics/music:Francisco Esteban ACUNA de Figueroa/disputed
note:adopted 1934, in use since 1846; the anthem was officially adopted following its re-arrangement in 1934


Economy


Economy - overview:
Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has stagnated at 1980 levels. The economy grew rapidly between 2003 and 2008 as growing world demand for commodities combined with high prices and favorable weather to support Paraguay's commodity-based export expansion. Paraguay is the sixth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. The government reacted by introducing fiscal and monetary stimulus packages. Growth resumed at a 13% level in 2010, the highest in South America, but slowed in 2011-12 as the stimulus subsided and severe drought and outbreaks of foot-and-mouth disease led to a drop in beef and other agricultural exports. The economy took another leap in 2013, largely due to strong export growth. Political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure are the main obstacles to long-term growth.


GDP (purchasing power parity):
$45.9 billion (2013 est.)
country comparison to the world: 100
$40.98 billion (2012 est.)
$41.49 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$30.56 billion (2013 est.)


GDP - real growth rate:
12% (2013 est.)
country comparison to the world: 4
-1.2% (2012 est.)
4.3% (2011 est.)


GDP - per capita (PPP):
$6,800 (2013 est.)
country comparison to the world: 143
$6,100 (2012 est.)
$6,300 (2011 est.)
note:data are in 2013 US dollars


GDP - composition, by end use:
household consumption:67.1%
government consumption:12.8%
investment in fixed capital:16.9%
investment in inventories:0.4%
exports of goods and services:52.1%
imports of goods and services:-49.4%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:20.4%
industry:17.7%
services:61.9% (2013 est.)


Agriculture - products:
cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (manioc, tapioca), fruits, vegetables; beef, pork, eggs, milk; timber


Industries:
sugar, cement, textiles, beverages, wood products, steel, base metals, electric power


Industrial production growth rate:
5.6% (2013 est.)
country comparison to the world: 47

Labor force:
3.19 million (2013 est.)
country comparison to the world: 102


Labor force - by occupation:
agriculture:26.5%
industry:18.5%
services:55% (2008)


Unemployment rate:
6.6% (2013 est.)
country comparison to the world: 69
6.9% (2012 est.)


Population below poverty line:
34.7% (2010 est.)


Household income or consumption by percentage share:
lowest 10%:1%
highest 10%:41.1% (2010 est.)


Distribution of family income - Gini index:
53.2 (2009)
country comparison to the world: 13
57.7 (1998)


    Budget:
revenues:$5.788 billion
expenditures:$6.287 billion (2013 est.)


Taxes and other revenues:
18.9% of GDP (2013 est.)
country comparison to the world: 172

Budget surplus (+) or deficit (-):
-1.6% of GDP (2013 est.)
country comparison to the world: 74


Public debt:
15.7% of GDP (2013 est.)
country comparison to the world: 142
14.7% of GDP (2012 est.)


Fiscal year:
calendar year


Inflation rate (consumer prices):
2.3% (2013 est.)
country comparison to the world: 86
3.7% (2012 est.)


Central bank discount rate:
5.5% (31 December 2012 est.)
country comparison to the world: 61
6% (31 December 2011 est.)


Commercial bank prime lending rate:
28.9% (31 December 2013 est.)
country comparison to the world: 5
29.1% (31 December 2012 est.)


Stock of narrow money:
$4.364 billion (31 December 2013 est.)
country comparison to the world: 107
$4.135 billion (31 December 2012 est.)


Stock of broad money:
$8.215 billion (31 December 2013 est.)
country comparison to the world: 111
$7.637 billion (31 December 2012 est.)


Stock of domestic credit:
$11 billion (31 December 2013 est.)
country comparison to the world: 96
$9.747 billion (31 December 2012 est.)


Market value of publicly traded shares:
$962.3 million (31 December 2012 est.)


Current account balance:
$1.376 billion (2013 est.)
country comparison to the world: 46
$115.6 million (2012 est.)


Exports:
$14.7 billion (2013 est.)
country comparison to the world: 81
$11.9 billion (2012 est.)


Exports - commodities:
soybeans, feed, cotton, meat, edible oils, wood, leather


Exports - partners:
Uruguay 17.7%, Brazil 16.4%, Argentina 15.6%, Russia 12% (2012)


Imports:
$12.37 billion (2013 est.)
country comparison to the world: 93
$11.06 billion (2012 est.)


Imports - commodities:
road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts


Imports - partners:
Brazil 24.2%, China 19.5%, Argentina 18.3%, US 11.5% (2012)


Reserves of foreign exchange and gold:
$6.336 billion (31 December 2013 est.)
country comparison to the world: 86
$4.994 billion (31 December 2012 est.)


Debt - external:
$7.013 billion (31 December 2013 est.)
country comparison to the world: 108
$5.985 billion (31 December 2012 est.)


Stock of direct foreign investment - at home:
$4.526 billion (31 December 2013 est.)
country comparison to the world: 91
$4.145 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$213.6 million (31 December 2013 est.)
country comparison to the world: 83
$213.6 million (31 December 2012 est.)


Exchange rates:
guarani (PYG) per US dollar -
4,315.1 (2013 est.)
4,424.9 (2012 est.)
4,735.5 (2010 est.)
4,965.4 (2009)
4,337.7 (2008)


Energy


Electricity - production:
53.53 billion kWh (2010 est.)
country comparison to the world: 50


Electricity - consumption:
6.778 billion kWh (2010 est.)
country comparison to the world: 101


Electricity - exports:
46.12 billion kWh (2011 est.)
country comparison to the world: 4


Electricity - imports:
0 kWh (2012 est.)
country comparison to the world: 184


Electricity - installed generating capacity:
8.816 million kW (2010 est.)
country comparison to the world: 61


Electricity - from fossil fuels:
0.1% of total installed capacity (2010 est.)
country comparison to the world: 208


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 159


Electricity - from hydroelectric plants:
99.9% of total installed capacity (2010 est.)
country comparison to the world: 3


Electricity - from other renewable sources:
0% of total installed capacity (2010 est.)
country comparison to the world: 110


Crude oil - production:
2,000 bbl/day (2012 est.)
country comparison to the world: 105


Crude oil - exports:
0 bbl/day (2010 est.)
country comparison to the world: 166


Crude oil - imports:
0 bbl/day (2010 est.)
country comparison to the world: 108


    Crude oil - proved reserves:
0 bbl (1 January 2013 est.)
country comparison to the world: 175


Refined petroleum products - production:
0 bbl/day (2010 est.)
country comparison to the world: 184


Refined petroleum products - consumption:
26,820 bbl/day (2011 est.)
country comparison to the world: 119


Refined petroleum products - exports:
0 bbl/day (2010 est.)
country comparison to the world: 207


Refined petroleum products - imports:
31,290 bbl/day (2010 est.)
country comparison to the world: 89


Natural gas - production:
0 cu m (2011 est.)
country comparison to the world: 180


Natural gas - consumption:
0 cu m (2010 est.)
country comparison to the world: 185


Natural gas - exports:
0 cu m (2011 est.)
country comparison to the world: 163


Natural gas - imports:
0 cu m (2011 est.)
country comparison to the world: 113


Natural gas - proved reserves:
0 cu m (1 January 2013 est.)
country comparison to the world: 182


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



Communications


Telephones - main lines in use:
376,000 (2012)
country comparison to the world: 107


Telephones - mobile cellular:
6.79 million (2012)
country comparison to the world: 95


Telephone system:
general assessment:the fixed-line market is a state monopoly and fixed-line telephone service is meager; principal switching center is in Asuncion
domestic:deficiencies in provision of fixed-line service have resulted in a rapid expansion of mobile-cellular services fostered by competition among multiple providers
international:country code - 595; satellite earth station - 1 Intelsat (Atlantic Ocean) (2010)



    Broadcast media:
6 privately owned TV stations; about 75 commercial and community radio stations; 1 state-owned radio network (2010)


Internet country code:
.py


Internet hosts:
280,658 (2012)
country comparison to the world: 65


Internet users:
1.105 million (2009)
country comparison to the world: 94



Transportation


Airports
799 (2013)
country comparison to the world: 9


Airports - with paved runways
total:15
over 3,047 m:3
1,524 to 2,437 m:7
914 to 1,523 m:5 (2013)


Airports - with unpaved runways
total:784
1,524 to 2,437 m:23
914 to 1,523 m:290
under 914 m:
471 (2013)


Railways
total:36 kmcountry comparison to the world: 132
standard gauge:36 km 1.435-m gauge (2008)


    Roadways
total:32,059 kmcountry comparison to the world: 95
paved:4,860 km
unpaved:27,199 km (2010)


Waterways
3,100 km (primarily on the Paraguay and Paraná river systems) (2012)
country comparison to the world: 33


Merchant marine
total:19country comparison to the world: 96
by type:cargo 13, container 3, passenger 1, petroleum tanker 1, roll on/roll off 1
foreign-owned:6 (Argentina 5, Netherlands 1) (2010)



Ports and terminals
river port(s):Asuncion, Villeta, San Antonio, Encarnacion (Parana)


Military


Military branches
Armed Forces Command (Commando de las Fuerzas Militares): Army, National Navy (Armada Nacional, includes Marine Corps, Naval Aviation, and Coast Guard), Paraguayan Air Force (Fuerza Aerea Paraguay, FAP), Logistics Command, War Materiel Directorate (2012)


Military service age and obligation
18 years of age for compulsory and voluntary military service; conscript service obligation is 12 months for Army, 24 months for Navy; volunteers for the Air Force must be younger than 22 years of age with a secondary school diploma (2012)


Manpower available for military service
males age 16-49:1,678,335
females age 16-49:1,675,352 (2010 est.)


Manpower fit for military service
males age 16-49:1,409,859
females age 16-49:1,433,037 (2010 est.)


    Manpower reaching militarily significant age annually
male:73,367
female:71,801 (2010 est.)


Military expenditures
1.66% of GDP (2012)
country comparison to the world: 54
1.16% of GDP (2011)
1.66% of GDP (2010)


Transnational Issues


Disputes - international
unruly region at convergence of Argentina-Brazil-Paraguay borders is locus of money laundering, smuggling, arms and illegal narcotics trafficking, and fundraising for extremist organizations


    Illicit drugs
major illicit producer of cannabis, most or all of which is consumed in Brazil, Argentina, and Chile; transshipment country for Andean cocaine headed for Brazil, other Southern Cone markets, and Europe; weak border controls, extensive corruption and money-laundering activity, especially in the Tri-Border Area; weak anti-money-laundering laws and enforcement

Information provided by CIA - The World Fact Book



Doing Business in Paraguay 2017


           
 

 
Paraguay

  Ease of Doing Business Rank
Overall DTF
106
59.03
 
 
Starting a Business (rank)
143
 
 
Protecting Minority Investors (rank)
137
 
  DTF
77.53
 
  DTF
41.67
 
  Procedures - Men (number)
7.0
 
  Strength of minority investor protection index (0-10)
4.2
 
  Time - Men (number)
35.0
 
  Extent of conflict of interest regulation index (0-10)
5.7
 
  Cost - Men (days)
39.8
 
  Extent of disclosure index (0-10)
6.0
 
  Procedures - Women (days)
7.0
 
  Extent of director liability index (0-10)
5.0
 
  Time - Women (% of income per capita)
35.0
 
  Ease of shareholder suits index (0-10)
6.0
 
  Cost - Women (% of income per capita)
39.8
 
  Extent of shareholder governance index (0-10)
2.7
 
  Paid-in min. capital (% of income per capita)
0.0
 
  Extent of shareholder rights index (0-10)
3.0
 
 

 
  Extent of ownership and control index (0-10)
3.0
 
  Dealing with Construction Permits (rank)
56
 
  Extent of corporate transparency index (0-10)
2.0
 
  DTF
73.70
 
 

 
  Procedures (number)
12.0
 
  Paying Taxes (rank)
153
 
  Time (days)
120.0
 
  DTF
54.64
 
  Cost (% of warehouse value)
0.7
 
  Payments (number per year)
20.0
 
  Building Quality Control Index(0-15)
8.0
 
  Time (hours per year)
378.0
 
  Quality of building regulations index (0-2)
1.0
 
  Total tax rate (% of profit)
35.0
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
9.6
 
  Quality control during construction index (0-3)
0.0
 
  Labor tax and contributions (% of profit)
18.6
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
6.8
 
  Liability and insurance regimes index (0-2)
1.0
 
  Postfiling index (0-100)
10.2
 
  Professional certifications index (0-4)
2.0
 
 
 
 
   
 
 
  Trading Across Borders (rank)
116
 
  Getting Electricity (rank)
102
 
  DTF
64.03
 
  DTF
67.12
 
  Time to export: Border compliance (hours)
120
 
  Procedures (number)
5.0
 
  Cost to export: Border compliance (USD)
815
 
  Time (days)
67.0
 
  Time to export: Documentary compliance (hours)
24
 
  Cost (% of income per capita)
152.3
 
  Cost to export: Documentary compliance (hours) (USD)
120
 
  Reliability of supply and transparency of tariff index (0-8)
2.0
 
  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)
500
 
  Mechanisms for monitoring outages (0-1)
0.0
 
  Time to import: Documentary compliance (hours)
36
 
  Mechanisms for restoring service (0-1)
1.0
 
  Cost to import: Documentary compliance (USD)
135
 
  Regulatory monitoring (0-1)
0.0
 
   
 
 
  Financial deterrents aimed at limiting outages (0-1)
0.0
 
  Enforcing Contracts (rank)
74
 
  Communication of tariffs and tariff changes (0-1)
1.0
 
  DTF
59.77
 
  Price of electricity (US cents per kWh)
6.2
 
  Time (days)
606.0
 
   
 
 
  Cost (% of claim)
30.0
 
  Registering Property (rank)
76
 
  Quality of judicial processes index (0-18)
9.5
 
  DTF
66.12
 
   
 
 
  Procedures (number)
6.0
 
  Resolving Insolvency (rank)
102
 
  Time (days)
46.0
 
  DTF
40.70
 
  Cost (% of property value)
1.9
 
  Recovery rate (cents on the dollar)
20.5
 
  Quality of the land administration index (0-30)
12.0
 
  Time (years)
3.9
 
  Reliability of infrastructure index (0-8)
3.0
 
  Cost (% of estate)
9.0
 
  Transparency of information index (0-6)
1.0
 
  Outcome (0 as piecemeal sale and 1 as going concern)
0
 
  Geographic coverage index (0-8)
2.0
 
  Strength of insolvency framework index (0-16)
9.5
 
  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)
4.0
 
 
 
 
  Reorganization proceedings index (0-3)
1.0
 
  Getting Credit (rank)
101
 
  Creditor participation index (0-4)
2.0
 
  DTF
45.00
 
   
 
 
  Strength of legal rights index (0-12)
2.0
 
   
 
 
  Depth of credit information index (0-8)
7.0
 
 
 
 
  Credit registry coverage (% of adults)
24.4
 
   
 
 
  Credit bureau coverage (% of adults)
45.3
 
 
 
 
 

 
   
 
 
 
 
 
 



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