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Slovakia Business Guide


Geography


Location:
Central Europe, south of Poland


Geographic coordinates:
48 40 N, 19 30 E


Map references:
Europe


Area:
total:49,035 sq kmcountry comparison to the world: 131
land:48,105 sq km
water:930 sq km


Area - comparative:
about twice the size of New Hampshire


Land boundaries:
total:1,474 km
border countries:Austria 91 km, Czech Republic 197 km, Hungary 676 km, Poland 420 km, Ukraine 90 km


Coastline:
0 km (landlocked)


Maritime claims:
lowest point:Bodrok River 94 m
highest point:Gerlachovsky Stit 2,655 m


Natural resources:
brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land


    Land use:
arable land:28.36%
permanent crops:0.41%
other:71.22% (2011)


Irrigated land:
1,720 sq km (2007)


Total renewable water resources:
50.1 cu km (2011)


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

Natural hazards:
NA


Environment - current issues:
air pollution from metallurgical plants presents human health risks; acid rain damaging forests


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, Antarctic Treaty, 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; most of the country is rugged and mountainous; the Tatra Mountains in the north are interspersed with many scenic lakes and valleys



People and Society


Nationality:
noun: Slovak(s)
adjective:Slovak


Ethnic groups:
Slovak 80.7%, Hungarian 8.5%, Roma 2%, other and unspecified 8.8% (2011 est.)


Languages:
Slovak (official) 78.6%, Hungarian 9.4%, Roma 2.3%, Ruthenian 1%, other or unspecified 8.8% (2011 est.)


Religions:
Roman Catholic 62%, Protestant 8.2%, Greek Catholic 3.8%, other or unspecified 12.5%, none 13.4% (2011 est.)


Population:
5,443,583 (July 2014 est.)country comparison to the world: 117


Age structure:
0-14 years:15.2% (male 422,636/female 403,626)
15-24 years:12.2% (male 341,500/female 322,287)
25-54 years:45.2% (male 1,241,930/female 1,218,706)
55-64 years:13.5% (male 347,438/female 388,461)
65 years and over:13.4% (male 288,010/female 468,989) (2014 est.)


Dependency ratios:
total dependency ratio:39.6 %
youth dependency ratio:21.1 %
elderly dependency ratio:18.5 %
potential support ratio:5.4 (2014 est.)


Median age:
total:39.2 years
male:37.5 years
female:41 years (2014 est.)


Population growth rate:
0.03% (2014 est.)country comparison to the world: 189


Birth rate:
10.01 births/1,000 population (2014 est.)country comparison to the world: 192


Death rate:
9.7 deaths/1,000 population (2014 est.)country comparison to the world: 51


Net migration rate:
0.01 migrant(s)/1,000 population (2014 est.)country comparison to the world: 77


Urbanization:
urban population:54.7% of total population (2011)
rate of urbanization:0.06% annual rate of change (2010-15 est.)


Major urban areas - population:
BRATISLAVA (capital) 434,000 (2011)


Sex ratio:
at birth:1.07 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.06 male(s)/female
25-54 years:1.02 male(s)/female
55-64 years:0.94 male(s)/female
65 years and over:0.6 male(s)/female
total population:0.94 male(s)/female (2014 est.)


Mother's mean age at first birth:
27.8 (2010 est.)


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


Infant mortality rate:
total:5.35 deaths/1,000 live birthscountry comparison to the world: 178
male:6 deaths/1,000 live births
female:4.66 deaths/1,000 live births (2014 est.)


    Life expectancy at birth:
total population:76.69 yearscountry comparison to the world: 75
male:73.09 years
female:80.52 years (2014 est.)


Total fertility rate:
1.39 children born/woman (2014 est.)country comparison to the world: 209


Health expenditures:
9% of GDP (2010)


Physicians density:
3 physicians/1,000 population (2007)


Hospital bed density:
6.4 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: 99.9% of population
rural: 99.6% of population
total: 99.7% of population
unimproved:
urban: 0.1% of population
rural: 0.4% of population
total: 0.3% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
less than 0.1% (2009 est.)country comparison to the world: 142


HIV/AIDS - people living with HIV/AIDS:
fewer than 500 (2009 est.)country comparison to the world: 156


HIV/AIDS - deaths:
fewer than 100 (2009 est.)country comparison to the world: 152


Obesity - adult prevalence rate:
25.4% (2008)country comparison to the world: 54


Education expenditures:
4.2% of GDP (2010)country comparison to the world: 103

Literacy:
definition:age 15 and over can read and write
total population:99.6%
male:99.7%
female:99.6% (2004)


School life expectancy (primary to tertiary education):
total:12 years
male:12 years
female:12 years (2012)


Unemployment, youth ages 15-24:
total:34%country comparison to the world: 21
male:35%
female:32.5% (2012)


Government


Country name:
conventional long form: Slovak Republic
conventional short form:Slovakia
local long form:Slovenska republika
local short form:Slovensko


Government type:
parliamentary democracy


Capital:
name:Bratislava
geographic coordinates:48 09 N, 17 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:
8 regions (kraje, singular - kraj); Banskobystricky, Bratislavsky, Kosicky, Nitriansky, Presovsky, Trenciansky, Trnavsky, Zilinsky


Independence:
1 January 1993 (Czechoslovakia split into the Czech Republic and Slovakia)


National holiday:
Constitution Day, 1 September (1992)


Constitution:
several previous (preindependence); latest passed by legislature 1 September 1992, signed 3 September 1992, effective 1 October 1992; amended several times, last in 2011 (2011)


Legal system:
civil law system based on Austro-Hungarian codes; note - legal code modified to comply with the obligations of Organization on Security and Cooperation in Europe and to expunge Marxist-Leninist legal system


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


Suffrage:
18 years of age; universal


Executive branch:
chief of state:President Andrej KISKA (since 15 June 2014)
head of government:Prime Minister Robert FICO (since 4 April 2012); Deputy Prime Ministers Robert KALINAK, Peter KAZIMIR, Miroslav LAJCAK (since 4 April 2012), Lubomir VAZNY (since 26 November 2012)
cabinet:Cabinet appointed by the president on the recommendation of the prime minister
elections:president elected by popular vote for a five-year term (eligible for a second term); election last held on 15 and 29 March 2014 (next to be held in March 2019); following National Council elections, the leader of the majority party or the leader of a majority coalition usually appointed prime minister by the president
election results:Andrej KISKA elected president in runoff; percent of vote - Andrej KISKA 59.4%, Robert FICO 40.6%


Legislative branch:
unicameral National Council of the Slovak Republic or Narodna Rada Slovenskej Republiky (150 seats; members elected on the basis of proportional representation to serve four-year terms)
elections:last held on 10 March 2012 (next to be held in 2016)
election results:percent of vote by party - Smer-SD 44.4%, KDH 8.8%, OLaNO 8.6%, Most-Hid 6.9%, SDKU-DS 6.1%, SaS 5.9%, other 19.3%; seats by party - Smer-SD 83, KDH 16, OLaNO 16, Most-Hid 13, SDKU-DS 11, SaS 11


Judicial branch:
highest court(s):Supreme Court of the Slovak Republic (consists of 78 judges - as of 2003 - organized into criminal, civil, commercial, and administrative divisions with 3- and 5-judge panels; Constitutional Court (consists of 13 judges)
judge selection and term of office:Supreme Court judge candidates proposed by the Judicial Council of the Slovak Republic, a 17-member independent body to include the Supreme Court chief justice and presidential and governmental appointees; judges appointed by the president for life with mandatory retirement at age 65; Constitutional Court judges nominated by the National Council of the Republic and appointed by the president; judges appointed for 12-year terms
subordinate courts:regional and district civil courts; Higher Military Court; military district courts; Court of Audit


    Political parties and leaders:
Association of Towns and Villages or ZMOS
Confederation of Trade Unions or KOZ
Entrepreneurs Association of Slovakia or ZPS
Federation of Employers' Associations of the Slovak Republic
Medical Trade Association or LOZ
National Union of Employers or RUZ
Slovak Chamber of Commerce and Industry or SOPK
The Business Alliance of Slovakia or PAS


International organization participation:
Australia Group, BIS, BSEC (observer), CBSS (observer), CD, CE, CEI, CERN, EAPC, EBRD, ECB, EIB, EMU, EU, FAO, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC (NGOs), MIGA, NATO, NEA, NSG, OAS (observer), OECD, OIF (observer), OPCW, OSCE, PCA, Schengen Convention, SELEC (observer), UN, UNCTAD, UNESCO, UNFICYP, UNIDO, UNTSO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, ZC


Diplomatic representation in the US:
chief of mission:Ambassador Peter KMEC (since 17 September 2012)
chancery:3523 International Court NW, Washington, DC 20008
telephone:[1] (202) 237-1054
FAX:[1] (202) 237-6438
consulate(s) general:New York


Diplomatic representation from the US:
chief of mission:Ambassador Theodore SEDGWICK (since 4 July 2010)
embassy:Hviezdoslavovo Namestie 4, 81102 Bratislava
mailing address:P.O. Box 309, 814 99 Bratislava
telephone:[421] (2) 5443-3338
FAX:[421] (2) 5441-8861


Flag description:
three equal horizontal bands of white (top), blue, and red derive from the Pan-Slav colors; the Slovakian coat of arms (consisting of a red shield bordered in white and bearing a white double-barred cross of St. Cyril and St. Methodius surmounting three blue hills) is centered over the bands but offset slightly to the hoist side


National symbol(s):
double-barred cross (Cross of St. Cyril and St. Methodius) surmounting three peaks


National anthem:
name:'Nad Tatrou sa blyska' (Lightning Over the Tatras)

lyrics/music:Janko MATUSKA/traditional
note:adopted 1993, in use since 1844; the anthem's music is based on the Slovak folk song 'Kopala studienku'


Economy


Economy - overview:
Slovakia has made significant economic reforms since its separation from the Czech Republic in 1993. After a period of relative stagnation in the early and mid 1990s, reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia consolidate its budget, get on track to join the EU in 2004, and adopt the euro in January 2009. Major privatizations are nearly complete, the banking sector is almost entirely in foreign hands, and the government has facilitated a foreign investment boom with business friendly policies. Foreign direct investment (FDI), especially in the automotive and electronic sectors, fueled much of the growth until 2008. Cheap, skilled labor, low taxes, no dividend taxes, a relatively liberal labor code, and a favorable geographical location are Slovakia's main advantages to foreign investors. Growth returned, following a contraction in 2009, but has remained sluggish in large part due to continued weakness in external demand. In 2012 the government of Prime Minister Robert FICO rolled back some of Slovakia's pro-growth reforms to help shore up public finances. Corruption and slow dispute resolution remain key factors constraining economic growth.


GDP (purchasing power parity):
$133.4 billion (2013 est.)
country comparison to the world: 66
$132.3 billion (2012 est.)
$129.6 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$96.96 billion (2013 est.)


GDP - real growth rate:
0.8% (2013 est.)
country comparison to the world: 180
2% (2012 est.)
3.2% (2011 est.)


GDP - per capita (PPP):
$24,700 (2013 est.)
country comparison to the world: 61
$24,500 (2012 est.)
$24,000 (2011 est.)
note:data are in 2013 US dollars


Gross national saving:
21.1% of GDP (2013 est.)
country comparison to the world: 74
23% of GDP (2012 est.)
21.8% of GDP (2011 est.)


GDP - composition, by end use:
household consumption:58%
government consumption:NA%
investment in fixed capital:NA%
investment in inventories:NA%
exports of goods and services:NA%
imports of goods and services:-90.2%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:3.1%
industry:30.8%
services:47% (2013 est.)


Agriculture - products:
grains, potatoes, sugar beets, hops, fruit; pigs, cattle, poultry; forest products


Industries:
metal and metal products; food and beverages; electricity, gas, coke, oil, nuclear fuel; chemicals, synthetic fibers; machinery; paper and printing; earthenware and ceramics; transport vehicles; textiles; electrical and optical apparatus; rubber products


Industrial production growth rate:
6.5% (2013 est.)
country comparison to the world: 40

Labor force:
2.727 million (2013 est.)
country comparison to the world: 108


Labor force - by occupation:
agriculture:3.5%
industry:27%
services:69.4% (December 2009)


Unemployment rate:
14.4% (2013 est.)
country comparison to the world: 135
13.6% (2012 est.)


Population below poverty line:
21% (2002)


Household income or consumption by percentage share:
lowest 10%:4.4%
highest 10%:22.4% (2009 est.)


Distribution of family income - Gini index:
26 (2005)
country comparison to the world: 133
26.3 (1996)


Budget:
revenues:$32.41 billion
expenditures:$35.72 billion (2013 est.)


    Taxes and other revenues:
33.4% of GDP (2013 est.)
country comparison to the world: 74

Budget surplus (+) or deficit (-):
-3.4% of GDP (2013 est.)
country comparison to the world: 136


Public debt:
55.5% of GDP (2013 est.)
country comparison to the world: 55
52.1% of GDP (2012 est.)
note:data cover general Government Gross Debt, and includes debt instruments issued (or owned) by Government entities, including sub-sectors of central government, state government, local government, and social security funds.


Fiscal year:
calendar year


Inflation rate (consumer prices):
1.7% (2013 est.)
country comparison to the world: 50
3.6% (2012 est.)


Central bank discount rate:
1.75% (31 December 2011 est.)
country comparison to the world: 116
1.75% (31 December 2010 est.)
note:this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks from the euro area; Slovakia became a member of the Economic and Monetary Union (EMU) on 1 January 2009


Commercial bank prime lending rate:
3.3% (31 December 2013 est.)
country comparison to the world: 165
3.47% (31 December 2012 est.)


Stock of narrow money:
$38.48 billion (31 December 2013 est.)
country comparison to the world: 54
$37.14 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:
$59.89 billion (31 December 2013 est.)
country comparison to the world: 66
$56.57 billion (31 December 2012 est.)


Stock of domestic credit:
$72.6 billion (31 December 2013 est.)
country comparison to the world: 59
$68.47 billion (31 December 2012 est.)


Market value of publicly traded shares:
$4.611 billion (31 December 2012 est.)


Current account balance:
$3.315 billion (2013 est.)
country comparison to the world: 33
$2.096 billion (2012 est.)


Exports:
$82.7 billion (2013 est.)
country comparison to the world: 45
$80.67 billion (2012 est.)


Exports - commodities:
machinery and electrical equipment 35.9%, vehicles 21%, base metals 11.3%, chemicals and minerals 8.1%, plastics 4.9% (2009 est.)


Exports - partners:
Germany 22.3%, Czech Republic 14.9%, Poland 8.8%, Hungary 7.8%, Austria 7%, France 5.6%, Italy 4.9%, UK 4.1% (2012)


Imports:
$77.96 billion (2013 est.)
country comparison to the world: 39
$75.99 billion (2012 est.)


Imports - commodities:
machinery and transport equipment 31%, mineral products 13%, vehicles 12%, base metals 9%, chemicals 8%, plastics 6% (2009 est.)


Imports - partners:
Germany 18.6%, Czech Republic 18%, Russia 9.9%, Austria 8%, Hungary 6.8%, Poland 6%, South Korea 4.1% (2012)


Reserves of foreign exchange and gold:
$2.258 billion (31 December 2013 est.)
country comparison to the world: 119
$2.519 billion (31 December 2012 est.)


Debt - external:
$68.44 billion (31 December 2012 est.)
country comparison to the world: 55
$68.61 billion (31 December 2011 est.)


Stock of direct foreign investment - at home:
$63.99 billion (31 December 2013 est.)
country comparison to the world: 50
$62.49 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$11.15 billion (31 December 2013 est.)
country comparison to the world: 52
$11.09 billion (31 December 2012 est.)


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:
24.39 billion kWh (2011 est.)
country comparison to the world: 69


Electricity - consumption:
26.27 billion kWh (2010 est.)
country comparison to the world: 64


Electricity - exports:
13.08 billion kWh (2012 est.)
country comparison to the world: 15


Electricity - imports:
13.88 billion kWh (2012 est.)
country comparison to the world: 14


Electricity - installed generating capacity:
7.855 million kW (2010 est.)
country comparison to the world: 66


Electricity - from fossil fuels:
42.2% of total installed capacity (2010 est.)
country comparison to the world: 167


Electricity - from nuclear fuels:
23.2% of total installed capacity (2010 est.)
country comparison to the world: 6


Electricity - from hydroelectric plants:
20.4% of total installed capacity (2010 est.)
country comparison to the world: 90


Electricity - from other renewable sources:
2.6% of total installed capacity (2010 est.)
country comparison to the world: 66


Crude oil - production:
9,277 bbl/day (2012 est.)
country comparison to the world: 92


Crude oil - exports:
262.5 bbl/day (2010 est.)
country comparison to the world: 73


Crude oil - imports:
108,400 bbl/day (2010 est.)
country comparison to the world: 48


    Crude oil - proved reserves:
9 million bbl (1 January 2013 est.)
country comparison to the world: 92


Refined petroleum products - production:
129,600 bbl/day (2010 est.)
country comparison to the world: 67


Refined petroleum products - consumption:
83,910 bbl/day (2011 est.)
country comparison to the world: 83


Refined petroleum products - exports:
70,520 bbl/day (2010 est.)
country comparison to the world: 54


Refined petroleum products - imports:
28,380 bbl/day (2010 est.)
country comparison to the world: 93


Natural gas - production:
105 million cu m (2012 est.)
country comparison to the world: 82


Natural gas - consumption:
6.468 billion cu m (2011 est.)
country comparison to the world: 56


Natural gas - exports:
45.43 billion cu m (2012 est.)
country comparison to the world: 9


Natural gas - imports:
50.18 billion cu m (2012 est.)
country comparison to the world: 7


Natural gas - proved reserves:
14.16 billion cu m (1 January 2013 est.)
country comparison to the world: 80


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



Communications


Telephones - main lines in use:
975,000 (2012)
country comparison to the world: 77


Telephones - mobile cellular:
6.095 million (2012)
country comparison to the world: 101


Telephone system:
general assessment:Slovakia has a modern telecommunications system that has expanded dramatically in recent years with the growth in cellular services
domestic:analog system is now receiving digital equipment and is being enlarged with fiber-optic cable, especially in the larger cities; 3 companies provide nationwide cellular services
international:country code - 421; 3 international exchanges (1 in Bratislava and 2 in Banska Bystrica) are available; Slovakia is participating in several international telecommunications projects that will increase the availability of external services (2011)



    Broadcast media:
state-owned public broadcaster, Radio and Television of Slovakia (RTVS), operates 3 national TV stations and multiple national and regional radio networks; roughly 35 privately owned TV stations operating nationally, regionally, and locally; about 40% of households are connected to multi-channel cable or satellite TV; more than 20 privately owned radio stations (2008)


Internet country code:
.sk


Internet hosts:
1.384 million (2012)
country comparison to the world: 41


Internet users:
4.063 million (2009)
country comparison to the world: 58



Transportation


Airports
35 (2013)
country comparison to the world: 111


Airports - with paved runways
total:21
over 3,047 m:2
2,438 to 3,047 m:2
1,524 to 2,437 m:3
914 to 1,523 m:3
under 914 m:11 (2013)


Airports - with unpaved runways
total:14
914 to 1,523 m:9
under 914 m:
5 (2013)


Heliports
1 (2013)


Pipelines
gas 6,774 km; oil 419 km (2013)


Railways
total:3,622 kmcountry comparison to the world: 49
broad gauge:99 km 1.520-m gauge
standard gauge:3,473 km 1.435-m gauge (1,615 km electrified)
narrow gauge:50 km 1.000-m or 0.750-m gauge (2008)


    Roadways
total:43,916 kmcountry comparison to the world: 83
paved:38,238 km (includes 417 km of expressways)
unpaved:5,678 km (2010)


Waterways
172 km (on Danube River) (2012)
country comparison to the world: 100


Merchant marine
total:11country comparison to the world: 109
by type:cargo 9, refrigerated cargo 2
foreign-owned:11 (Germany 3, Ireland 1, Italy 2, Montenegro 1, Slovenia 1, Turkey 1, Ukraine 2) (2010)



Ports and terminals
river port(s):Bratislava, Komarno (Danube)


Military


Military branches
Armed Forces of the Slovak Republic (Ozbrojene Sily Slovenskej Republiky): Land Forces (Pozemne Sily), Air Forces (Vzdusne Sily) (2010)


Military service age and obligation
18-30 years of age for voluntary military service; conscription in peacetime suspended in 2006; women are eligible to serve (2012)


Manpower available for military service
males age 16-49:1,405,310
females age 16-49:1,369,897 (2010 est.)


Manpower fit for military service
males age 16-49:1,156,113
females age 16-49:1,139,380 (2010 est.)


    Manpower reaching militarily significant age annually
male:31,646
female:30,219 (2010 est.)


Military expenditures
1.12% of GDP (2012)
country comparison to the world: 91
1.1% of GDP (2011)
1.12% of GDP (2010)


Transnational Issues


Disputes - international
bilateral government, legal, technical and economic working group negotiations continued in 2006 between Slovakia and Hungary over Hungary's completion of its portion of the Gabcikovo-Nagymaros hydroelectric dam project along the Danube; as a member state that forms part of the EU's external border, Slovakia has implemented the strict Schengen border rules


    Refugees and internally displaced persons
stateless persons:1,523 (2013)


Illicit drugs
transshipment point for Southwest Asian heroin bound for Western Europe; producer of synthetic drugs for regional market; consumer of ecstasy

Information provided by CIA - The World Fact Book



Doing Business in Slovak Republic 2019


           
 

 
Slovak Republic

  Ease of Doing Business Rank
Overall Score
42
75.17
 
 
Starting a Business (rank)
127
 
 
Protecting Minority Investors (rank)
95
 
  Score
82.02
 
  Score
53.33
 
  Procedures - Men (number)
8
 
  Extent of disclosure index (0-10)
3.0
 
  Time - Men (number)
26.5
 
  Extent of director liability index (0-10)
4.0
 
  Cost - Men (days)
1.0
 
  Ease of shareholder suits index (0-10)
7.0
 
  Procedures - Women (days)
8
 
  Extent of shareholder rights index (0-10)
6.0
 
  Time - Women (% of income per capita)
26.5
 
  Extent of ownership and control index (0-10)
6.0
 
  Cost - Women (% of income per capita)
1.0
 
  Extent of corporate transparency index (0-10)
6.0
 
  Minimum capital (% of income per capita)
16.4
 
  Extent of conflict of interest regulation index (0-10)
4.7
 
 

 
  Extent of shareholder governance index (0-10)
6.0
 
  Dealing with Construction Permits (rank)
143
 
  Strength of minority investor protection index (0-10)
5
 
  Score
59.34
 
 

 
  Procedures (number)
14
 
  Paying Taxes (rank)
48
 
  Time (days)
300
 
  Score
80.62
 
  Cost (% of warehouse value)
0.2
 
  Payments (number per year)
8
 
  Building Quality Control Index(0-15)
8.0
 
  Time (hours per year)
192
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
49.7
 
  Quality control before construction index (0-1)
0.0
 
  Profit tax (% of profit)
9.1
 
  Quality control during construction index (0-3)
2.0
 
  Labor tax and contributions (% of profit)
39.7
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
0.9
 
  Liability and insurance regimes index (0-2)
1.0
 
  Time to comply with VAT refund (hours)
5
 
  Professional certifications index (0-4)
0.0
 
  Time to obtain VAT refund (weeks)
24.1
 
   
 
 
  Time to comply with a corporate income tax correction (hours)
2
 
  Getting Electricity (rank)
47
 
  Time to complete a corporate income tax correction (weeks)
0
 
  Score
83.23
 
  Postfiling index (0-100)
87.17
 
  Procedures (number)
5
 
 

 
  Time (days)
89
 
  Trading across borders (rank)
1
 
  Cost (% of income per capita)
233.3
 
  Score
100.00
 
  Reliability of supply and transparency of tariff index (0-8)
8
 
  Time to export: Documentary compliance (hours)
1
 
  Total duration and frequency of outages per customer a year (0-3)
3
 
  Time to import: Documentary compliance (hours)
1
 
  System average interruption duration index (SAIDI)
1
 
  Time to export: Border compliance (hours)
0
 
  System average interruption frequency index (SAIFI)
0.6
 
  Time to import: Border compliance (hours)
0
 
  Minimum outage time (in minutes)
3
 
  Cost to export: Documentary compliance (USD)
0
 
  Mechanisms for monitoring outages (0-1)
1
 
  Cost to import: Documentary compliance
0
 
  Mechanisms for restoring service (0-1)
1
 
  Cost to export: Border compliance (USD)
0
 
  Regulatory monitoring (0-1)
1
 
  Cost to import: Border compliance (USD)
0
 
  Financial deterrents aimed at limiting outages (0-1)
1
 
 

 
  Communication of tariffs and tariff changes (0-1)
1
 
  Enforcing contract (rank)
47
 
  Price of electricity (US cents per kWh)
11.6
 
  Score
66.12
 
 

 
  Time (days)
775
 
  Registering Property (rank)
9
 
  Filing and service (days)
70
 
  Score
90.17
 
  Trial and judgment (days)
525
 
  Procedure (number)
3
 
  Enforcement of judgment (days)
180
 
  Time (days)
16.5
 
  Cost (% of claim)
20.5
 
  Cost (% of property value)
0.0
 
  Attorney fees (% of claim)
14
 
  Quality of land administration index (0-30)
25.5
 
  Court fees (% of claim)
6.4
 
  Geographic coverage index (0-8)
25.5
 
  Enforcement fees (% of claim)
0.1
 
  Reliability of infrastructure index (0-8)
6.0
 
  Quality of the judicial processes index (0-18)
13.5
 
  Transparency of information index (0-6)
5.5
 
  Quality of the judicial administration index (0-18)
13.5
 
  Geographic coverage index (0-8)
8.0
 
  Court structure and proceedings (0-5)
3.5
 
  Land dispute resolution index (0-8)
6.0
 
  Case management (0-6)
4.0
 
  Equal access to property rights index (-2-0)
0.0
 
  Court automation (0-4)
4.0
 
 

 
  Alternative dispute resolution (0-3)
2.0
 
  Getting credit (rank)
44
 
 
 
 
  Score
70.00
 
  Resolving Insolvency (rank)
42
 
  Strength of legal rights index (0-12)
7
 
  Score
66.90
 
  Depth of credit information index (0-8)
7
 
  Outcome (0 as piecemeal sale and 1 as going concern)
1
 
  Credit registry coverage (% of adults)
3.3
 
  Time (years)
4.0
 
  Credit bureau coverage (% of adults)
80.7
 
  Cost (% of estate)
18.0
 
  Getting Credit total score
14
 
  Recovery rate (cents on the dollar)
48.8
 
 

 
  Strength of insolvency framework index (0-16)
13.0
 
 

 
  Commencement of proceedings index (0-3)
3.0
 
 

 
  Management of debtor's assets index (0-6)
4.0
 
 

 
  Reorganization proceedings index (0-3)
3.0
 
 

 
  Creditor participation index (0-4)
3.0


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