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New Zealand Business Guide


Geography


Location:
Oceania, islands in the South Pacific Ocean, southeast of Australia


Geographic coordinates:
41 00 S, 174 00 E


Map references:
Oceania


Area:
total:267,710 sq kmcountry comparison to the world: 76
land:267,710 sq km
water:NA
note:includes Antipodes Islands, Auckland Islands, Bounty Islands, Campbell Island, Chatham Islands, and Kermadec Islands


Area - comparative:
Area comparison map: '>


Land boundaries:
territorial sea:12 nm
contiguous zone:24 nm
exclusive economic zone:200 nm
continental shelf:200 nm or to the edge of the continental margin


Climate:
temperate with sharp regional contrasts


    Terrain:
predominately mountainous with some large coastal plains


Elevation extremes:
lowest point:Pacific Ocean 0 m
highest point:Aoraki-Mount Cook 3,754 m


Natural resources:
natural gas, iron ore, sand, coal, timber, hydropower, gold, limestone


Land use:
arable land:1.76%
permanent crops:0.27%
other:97.98% (2011)


Irrigated land:
6,193 sq km (2007)


Total renewable water resources:
327 cu km (2011)


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

Natural hazards:
earthquakes are common, though usually not severe; volcanic activity


Environment - current issues:
deforestation; soil erosion; native flora and fauna hard-hit by invasive species


Environment - international agreements:
party to:Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified:Antarctic Seals, Marine Life Conservation


Geography - note:
almost 90% of the population lives in cities; Wellington is the southernmost national capital in the world



People and Society


Nationality:
noun: New Zealander(s)
adjective:New Zealand


Ethnic groups:
European 71.2%, Maori 14.1%, Asian 11.3%, Pacific peoples 7.6%, Middle Eastern, Latin American, African 1.1%, other 1.6%, not stated or unidentified 5.4%


Languages:
English (de facto official) 89.8%, Maori (de jure official) 3.5%, Samoan 2%, Hindi 1.6%, French 1.2%, Northern Chinese 1.2%, Yue 1%, Other or not stated 20.5%, New Zealand Sign Language (de jure official)


Religions:
Christian 44.3% (Catholic 11.6%, Anglican 10.8%, Presbyterian and Congregational 7.8%, Methodist, 2.4%, Pentecostal 1.8%, other 9.9%), Hindu 2.1%, Buddhist 1.4%, Maori Christian 1.3%, Islam 1.1%, other religion 1.4% (includes Judaism, Spiritualism and New Age religions, Baha'i, Asian religions other than Buddhism), no religion 38.5%, not stated or unidentified 8.2%, objected to answering 4.1%


Population:
4,401,916 (July 2014 est.)country comparison to the world: 127


Age structure:
0-14 years:20% (male 450,985/female 429,184)
15-24 years:13.9% (male 313,711/female 298,427)
25-54 years:40.4% (male 890,678/female 888,565)
55-64 years:11.4% (male 245,084/female 255,879)
65 years and over:14% (male 290,429/female 338,974) (2014 est.)


Dependency ratios:
total dependency ratio:52.5 %
youth dependency ratio:30.7 %
elderly dependency ratio:21.8 %
potential support ratio:4.6 (2014 est.)


Median age:
total:37.6 years
male:36.7 years
female:38.4 years (2014 est.)


Population growth rate:
0.83% (2014 est.)country comparison to the world: 132


Birth rate:
13.4 births/1,000 population (2014 est.)country comparison to the world: 151


Death rate:
7.3 deaths/1,000 population (2014 est.)country comparison to the world: 123


Net migration rate:
2.23 migrant(s)/1,000 population (2014 est.)country comparison to the world: 45


Urbanization:
urban population:86.2% of total population (2011)
rate of urbanization:1.09% annual rate of change (2010-15 est.)


Major urban areas - population:
Auckland 1.452 million; WELLINGTON (capital) 410,000 (2011)


Sex ratio:
at birth:1.05 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.05 male(s)/female
25-54 years:1 male(s)/female
55-64 years:0.99 male(s)/female
65 years and over:0.85 male(s)/female
total population:0.99 male(s)/female (2014 est.)


    Mother's mean age at first birth:
27.8


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


Infant mortality rate:
total:4.59 deaths/1,000 live birthscountry comparison to the world: 184
male:5.14 deaths/1,000 live births
female:4.01 deaths/1,000 live births (2014 est.)


Life expectancy at birth:
total population:80.93 yearscountry comparison to the world: 26
male:78.88 years
female:83.08 years (2014 est.)


Total fertility rate:
2.05 children born/woman (2014 est.)country comparison to the world: 119


Health expenditures:
10.1% of GDP (2011)


Physicians density:
2.74 physicians/1,000 population (2010)


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


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.)


HIV/AIDS - adult prevalence rate:
0.1% (2009 est.)country comparison to the world: 163


HIV/AIDS - people living with HIV/AIDS:
2,500 (2009 est.)country comparison to the world: 137


HIV/AIDS - deaths:
fewer than 100 (2009 est.)country comparison to the world: 138


Obesity - adult prevalence rate:
28.3% (2008)country comparison to the world: 34


Education expenditures:
7.4% of GDP (2012)country comparison to the world: 16

Literacy:
definition:age 15 and over can read and write
total population:99%
male:99%
female:99% (2003 est.)


School life expectancy (primary to tertiary education):
total:19 years
male:19 years
female:20 years (2011)


Unemployment, youth ages 15-24:
total:17.7%country comparison to the world: 69
male:17.3%
female:18.1% (2012)


Government


Country name:
conventional long form: none
conventional short form:New Zealand
abbreviation:NZ


Government type:
parliamentary democracy and a Commonwealth realm


Capital:
name:Wellington
geographic coordinates:41 18 S, 174 47 E
time difference:UTC+12 (17 hours ahead of Washington, DC, during Standard Time)
daylight saving time:+1hr, begins last Sunday in September; ends first Sunday in April
note:New Zealand has two time zones - New Zealand standard time (12 hours in advance of UTC), and Chatham Islands time (45 minutes in advance of New Zealand standard time)


Administrative divisions:
16 regions and 1 territory*; Auckland, Bay of Plenty, Canterbury, Chatham Islands*, Gisborne, Hawke's Bay, Manawatu-Wanganui, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Wellington, West Coast


Dependent areas:
Cook Islands, Niue, Tokelau


Independence:
26 September 1907 (from the UK)


National holiday:
Waitangi Day (Treaty of Waitangi established British sovereignty over New Zealand), 6 February (1840); ANZAC Day (commemorated as the anniversary of the landing of troops of the Australian and New Zealand Army Corps during World War I at Gallipoli, Turkey), 25 April (1915)


Constitution:
Constitution Act 1986 (the principal formal charter) adopted and effective 1 January 1987; amended 1999, 2005 (2013)


Legal system:
common law system, based on English model, with special legislation and land courts for the Maori


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


Suffrage:
18 years of age; universal


Executive branch:
chief of state:Queen ELIZABETH II (since 6 February 1952); represented by Governor General Lt. Gen. Sir Jerry MATEPARAE (since 31 August 2011)
head of government:Prime Minister John KEY (since 19 November 2008); Deputy Prime Minister Simon William ENGLISH (since 19 November 2008)
cabinet:Executive Council appointed by the governor general on the recommendation of the prime minister
elections:the monarchy is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of a majority coalition usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general


Legislative branch:
unicameral House of Representatives - commonly called Parliament (usually 120 seats; 70 members elected by popular vote in single-member constituencies including 7 Maori constituencies, 50 proportional seats chosen from party lists; serve three-year terms)
elections:last held on 26 November 2011 (next to be held not later than November 2014)
election results:percent of vote by party - National Party 48%, Labor Party 27.1%, Green Party 10.6%, NZ First 6.8%, Maori 1.4%, ACT Party 1.1%, Mana 1%, United Future 0.6%, other 3.43%; seats by party - National Party 60, Labor Party 34, Green Party 13, NZ First 8, Maori 3, ACT Party 1, Mana 1, United Future 1
note:results of 2011 election saw the total number of seats decline to 121


Judicial branch:
highest court(s):Supreme Court (consists of 5 justices including the chief justice )
note - the Supreme Court in 2004 replaced the Judicial Committee of the Privy Council, in London, as the final appeals court
judge selection and term of office:justices appointed by the governor-general on the recommendation of the attorney-general; justices appointed for life
subordinate courts:Court of Appeal; High Court; tribunals and authorities; district courts; specialized courts for issues related to employment, environment, Maori lands, and military


    Political parties and leaders:
ACT New Zealand [Rodney HIDE]
Green Party [Russel NORMAN and Metiria TUREI]
Mana Party [Hone HARAWIRA]
Maori Party [Tariana TURIA and Dr. Pita SHARPLES]
New Zealand National Party [John KEY]
New Zealand First Party or NZ First [Winston PETERS]
New Zealand Labor Party [Phil GOFF]
Jim Anderton's Progressive Party [James (Jim) ANDERTON]
United Future New Zealand [Peter DUNNE]


Political pressure groups and leaders:
Women's Electoral Lobby or WEL


International organization participation:
ADB, ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, ARF, ASEAN (dialogue partner), Australia Group, BIS, C, CD, CP, EAS, EBRD, FAO, FATF, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NSG, OECD, OPCW, Pacific Alliance (observer), Paris Club (associate), PCA, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMISS, UNMIT, UNTSO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO


Diplomatic representation in the US:
chief of mission:Ambassador Michael Kenneth MOORE (since 5 August 2010)
chancery:37 Observatory Circle NW, Washington, DC 20008
telephone:[1] (202) 328-4800
FAX:[1] (202) 667-5227
consulate(s) general:New York, Pago Pago (American Samoa), Santa Monica (CA)


Diplomatic representation from the US:
chief of mission:Ambassador (vacant); Charge d' Affaires Marie C. DAMOUR note - also accredited to Samoa
embassy:29 Fitzherbert Terrace, Thorndon, Wellington
mailing address:P. O. Box 1190, Wellington; PSC 467, Box 1, APO AP 96531-1034
telephone:[64] (4) 462-6000
FAX:[64] (4) 499-0490
consulate(s) general:Auckland


Flag description:
blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation


National symbol(s):
Southern Cross constellation (four, five-pointed stars); kiwi (bird), silver fern


National anthem:
name:'God Defend New Zealand'

lyrics/music:Thomas BRACKEN [English], Thomas Henry SMITH [Maori]/John Joseph WOODS
note:adopted 1940 as national song, adopted 1977 as co-national anthem; New Zealand has two national anthems with equal status; as a commonwealth realm, in addition to 'God Defend New Zealand,' 'God Save the Queen' serves as a national anthem (see United Kingdom); 'God Save the Queen' normally is played only when a member of the royal family or the governor-general is present; in all other cases, 'God Defend New Zealand' is played


Government - note:



Economy


Economy - overview:
Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes - but left behind some at the bottom of the ladder - and broadened and deepened the technological capabilities of the industrial sector. Per capita income rose for ten consecutive years until 2007 in purchasing power parity terms, but fell in 2008-09. Debt-driven consumer spending drove robust growth in the first half of the decade, helping fuel a large balance of payments deficit that posed a challenge for economic managers. Inflationary pressures caused the central bank to raise its key rate steadily from January 2004 until it was among the highest in the OECD in 2007-08; international capital inflows attracted to the high rates further strengthened the currency and housing market, however, aggravating the current account deficit. The economy fell into recession before the start of the global financial crisis and contracted for five consecutive quarters in 2008-09. In line with global peers, the central bank cut interest rates aggressively and the government developed fiscal stimulus measures. The economy pulled out of recession late in 2009, and achieved 2-3% per year growth in 2010-13. Nevertheless, key trade sectors remain vulnerable to weak external demand. The government plans to raise productivity growth and develop infrastructure, while reining in government spending.


GDP (purchasing power parity):
$136 billion (2013 est.)
country comparison to the world: 64
$132.7 billion (2012 est.)
$129.2 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$181.1 billion (2013 est.)


GDP - real growth rate:
2.5% (2013 est.)
country comparison to the world: 130
2.7% (2012 est.)
1.4% (2011 est.)


GDP - per capita (PPP):
$30,400 (2013 est.)
country comparison to the world: 46
$29,900 (2012 est.)
$29,300 (2011 est.)
note:data are in 2013 US dollars


Gross national saving:
15.9% of GDP (2013 est.)
country comparison to the world: 104
14.5% of GDP (2012 est.)
14.5% of GDP (2011 est.)


GDP - composition, by end use:
household consumption:58.1%
government consumption:19.9%
investment in fixed capital:20.2%
investment in inventories:0.5%
exports of goods and services:30%
imports of goods and services:-28.7%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:5%
industry:25.5%
services:69.5% (2013 est.)


Agriculture - products:
dairy products, lamb and mutton; wheat, barley, potatoes, pulses, fruits, vegetables; wool, beef; fish


Industries:
food processing, wood and paper products, textiles, machinery, transportation equipment, banking, insurance, tourism, mining


Industrial production growth rate:
1.9% (2013 est.)
country comparison to the world: 128

Labor force:
2.413 million (2013 est.)
country comparison to the world: 113


Labor force - by occupation:
agriculture:7%
industry:19%
services:74% (2006 est.)


Unemployment rate:
6.4% (2013 est.)
country comparison to the world: 66
6.9% (2012 est.)


Population below poverty line:
NA%


Household income or consumption by percentage share:
lowest 10%:NA%
highest 10%:NA%


    Distribution of family income - Gini index:
36.2 (1997)
country comparison to the world: 86

Budget:
revenues:$69.17 billion
expenditures:$72.65 billion (2013 est.)


Taxes and other revenues:
38.2% of GDP (2013 est.)
country comparison to the world: 51

Budget surplus (+) or deficit (-):
-1.9% of GDP (2013 est.)
country comparison to the world: 86


Public debt:
38.4% of GDP (2013 est.)
country comparison to the world: 98
38.1% of GDP (2012 est.)


Fiscal year:
1 April - 31 March


Inflation rate (consumer prices):
1.3% (2013 est.)
country comparison to the world: 37
1.1% (2012 est.)


Central bank discount rate:
2.5% (31 December 2009)
country comparison to the world: 70
5% (31 December 2008)


Commercial bank prime lending rate:
5.7% (31 December 2013 est.)
country comparison to the world: 135
5.82% (31 December 2012 est.)


Stock of narrow money:
$30.03 billion (31 December 2013 est.)
country comparison to the world: 60
$29.87 billion (31 December 2012 est.)


Stock of broad money:
$91.28 billion (31 December 2013 est.)
country comparison to the world: 56
$84.55 billion (31 December 2012 est.)


Stock of domestic credit:
$256.3 billion (31 December 2013 est.)
country comparison to the world: 37
$265.6 billion (31 December 2012 est.)


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


Current account balance:
-$8.358 billion (2013 est.)
country comparison to the world: 173
-$8.508 billion (2012 est.)


Exports:
$37.84 billion (2013 est.)
country comparison to the world: 62
$37.87 billion (2012 est.)


Exports - commodities:
dairy products, meat, wood and wood products, fish, machinery


Exports - partners:
Australia 21.1%, China 15%, US 9.2%, Japan 7% (2012)


Imports:
$37.35 billion (2013 est.)
country comparison to the world: 63
$37.04 billion (2012 est.)


Imports - commodities:
machinery and equipment, vehicles, aircraft, petroleum, electronics, textiles, plastics


Imports - partners:
China 16.4%, Australia 15.2%, US 9.3%, Japan 6.5%, Singapore 4.8%, Germany 4.4% (2012)


Reserves of foreign exchange and gold:
$20.01 billion (31 December 2013 est.)
country comparison to the world: 60
$17.58 billion (31 December 2012 est.)


Debt - external:
$81.36 billion (31 December 2013 est.)
country comparison to the world: 52
$85.18 billion (31 December 2012 est.)


Stock of direct foreign investment - at home:
$84.2 billion (31 December 2013 est.)
country comparison to the world: 46
$81.36 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$59.08 billion (31 December 2009)
country comparison to the world: 37

Exchange rates:
New Zealand dollars (NZD) per US dollar -
1.247 (2013 est.)
1.2334 (2012 est.)
1.3874 (2010 est.)
1.6002 (2009)
1.4151 (2008)


Energy


Electricity - production:
43.54 billion kWh (2011 est.)
country comparison to the world: 56


Electricity - consumption:
40.76 billion kWh (2010 est.)
country comparison to the world: 54


Electricity - exports:
0 kWh (2012 est.)
country comparison to the world: 180


Electricity - imports:
0 kWh (2012 est.)
country comparison to the world: 182


Electricity - installed generating capacity:
9.679 million kW (2010 est.)
country comparison to the world: 59


Electricity - from fossil fuels:
31.7% of total installed capacity (2010 est.)
country comparison to the world: 178


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 157


Electricity - from hydroelectric plants:
54.2% of total installed capacity (2010 est.)
country comparison to the world: 38


Electricity - from other renewable sources:
14% of total installed capacity (2010 est.)
country comparison to the world: 15


Crude oil - production:
48,190 bbl/day (2012 est.)
country comparison to the world: 63


Crude oil - exports:
47,290 bbl/day (2010 est.)
country comparison to the world: 46


Crude oil - imports:
99,810 bbl/day (2010 est.)
country comparison to the world: 49


    Crude oil - proved reserves:
81.4 million bbl (1 January 2013 est.)
country comparison to the world: 74


Refined petroleum products - production:
109,700 bbl/day (2010 est.)
country comparison to the world: 71


Refined petroleum products - consumption:
148,900 bbl/day (2011 est.)
country comparison to the world: 67


Refined petroleum products - exports:
2,471 bbl/day (2010 est.)
country comparison to the world: 98


Refined petroleum products - imports:
41,170 bbl/day (2010 est.)
country comparison to the world: 79


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


Natural gas - consumption:
4.537 billion cu m (2010 est.)
country comparison to the world: 65


Natural gas - exports:
0 cu m (2012 est.)
country comparison to the world: 161


Natural gas - imports:
0 cu m (2012 est.)
country comparison to the world: 111


Natural gas - proved reserves:
29.42 billion cu m (1 January 2013 est.)
country comparison to the world: 69


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



Communications


Telephones - main lines in use:
1.88 million (2012)
country comparison to the world: 61


Telephones - mobile cellular:
4.922 million (2012)
country comparison to the world: 113


Telephone system:
general assessment:excellent domestic and international systems
domestic:combined fixed-line and mobile-cellular telephone subscribership exceeds 150 per 100 persons
international:country code - 64; the Southern Cross submarine cable system provides links to Australia, Fiji, and the US; satellite earth stations - 8 (1 Inmarsat - Pacific Ocean, 7 other) (2011)



    Broadcast media:
state-owned Television New Zealand operates multiple TV networks and state-owned Radio New Zealand operates 3 radio networks and an external shortwave radio service to the South Pacific region; a small number of national commercial TV and radio stations and many regional commercial television and radio stations are available; cable and satellite TV systems are available (2008)


Internet country code:
.nz


Internet hosts:
3.026 million (2012)
country comparison to the world: 34


Internet users:
3.4 million (2009)
country comparison to the world: 62



Transportation


Airports
123 (2013)
country comparison to the world: 48


Airports - with paved runways
total:39
over 3,047 m:2
2,438 to 3,047 m:1
1,524 to 2,437 m:12
914 to 1,523 m:23
under 914 m:1 (2013)


Airports - with unpaved runways
total:84
1,524 to 2,437 m:3
914 to 1,523 m:33
under 914 m:
48 (2013)


Pipelines
condensate 331 km; gas 1,936 km; liquid petroleum gas 172 km; oil 288 km; refined products 198 km (2013)


Railways
total:4,128 kmcountry comparison to the world: 42
narrow gauge:4,128 km 1.067-m gauge (506 km electrified) (2008)


    Roadways
total:94,160 kmcountry comparison to the world: 50
paved:62,759 km (includes 199 km of expressways)
unpaved:32,143 km (2012)


Merchant marine
total:15country comparison to the world: 101
by type:bulk carrier 3, cargo 3, chemical tanker 1, container 1, passenger/cargo 5, petroleum tanker 2
foreign-owned:7 (Germany 2, Hong Kong 1, South Africa 1, Switzerland 2, UK 1)
registered in other countries:5 (Antigua and Barbuda 2, Cook Islands 2, Samoa 1) (2010)



Ports and terminals
major seaport(s):Auckland, Lyttelton, Manukau Harbor, Marsden Point, Tauranga, Wellington


Military


Military branches
New Zealand Defense Force (NZDF): New Zealand Army; Royal New Zealand Navy; Royal New Zealand Air Force (Te Hokowhitu o Kahurangi, RNZAF) (2013)


Military service age and obligation
17 years of age for voluntary military service; soldiers cannot be deployed until the age of 18; no conscription; 3 years of secondary education required; must be a citizen of NZ, the UK, Australia, Canada, or the US, and resident of NZ for the previous 5 years (2013)


Manpower available for military service
males age 16-49:1,019,798
females age 16-49:1,003,429 (2010 est.)


Manpower fit for military service
males age 16-49:843,526
females age 16-49:828,779 (2010 est.)


    Manpower reaching militarily significant age annually
male:30,846
female:28,825 (2010 est.)


Military expenditures
1.13% of GDP (2012)
country comparison to the world: 89
1.12% of GDP (2011)
1.13% of GDP (2010)


Transnational Issues


Disputes - international
asserts a territorial claim in Antarctica (Ross Dependency)


    Illicit drugs
significant consumer of amphetamines

Information provided by CIA - The World Fact Book



Doing Business in New Zealand 2019


           
 

 
New Zealand

  Ease of Doing Business Rank
Overall Score
1
86.59
 
 
Starting a Business (rank)
1
 
 
Protecting Minority Investors (rank)
2
 
  Score
99.98
 
  Score
81.67
 
  Procedures - Men (number)
1
 
  Extent of disclosure index (0-10)
10.0
 
  Time - Men (number)
0.5
 
  Extent of director liability index (0-10)
9.0
 
  Cost - Men (days)
0.2
 
  Ease of shareholder suits index (0-10)
9.0
 
  Procedures - Women (days)
1
 
  Extent of shareholder rights index (0-10)
7.0
 
  Time - Women (% of income per capita)
0.5
 
  Extent of ownership and control index (0-10)
7.0
 
  Cost - Women (% of income per capita)
0.2
 
  Extent of corporate transparency index (0-10)
7.0
 
  Minimum capital (% of income per capita)
0.0
 
  Extent of conflict of interest regulation index (0-10)
9.3
 
 

 
  Extent of shareholder governance index (0-10)
7.0
 
  Dealing with Construction Permits (rank)
6
 
  Strength of minority investor protection index (0-10)
8
 
  Score
86.40
 
 

 
  Procedures (number)
11
 
  Paying Taxes (rank)
10
 
  Time (days)
93
 
  Score
91.08
 
  Cost (% of warehouse value)
2.2
 
  Payments (number per year)
7
 
  Building Quality Control Index(0-15)
15.0
 
  Time (hours per year)
140
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
34.6
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
29.9
 
  Quality control during construction index (0-3)
3.0
 
  Labor tax and contributions (% of profit)
2.8
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
1.8
 
  Liability and insurance regimes index (0-2)
2.0
 
  Time to comply with VAT refund (hours)
2
 
  Professional certifications index (0-4)
4.0
 
  Time to obtain VAT refund (weeks)
5.2
 
   
 
 
  Time to comply with a corporate income tax correction (hours)
4
 
  Getting Electricity (rank)
45
 
  Time to complete a corporate income tax correction (weeks)
0
 
  Score
83.98
 
  Postfiling index (0-100)
96.9
 
  Procedures (number)
5
 
 

 
  Time (days)
58
 
  Trading across borders (rank)
60
 
  Cost (% of income per capita)
68
 
  Score
84.63
 
  Reliability of supply and transparency of tariff index (0-8)
7
 
  Time to export: Documentary compliance (hours)
3
 
  Total duration and frequency of outages per customer a year (0-3)
2
 
  Time to import: Documentary compliance (hours)
1
 
  System average interruption duration index (SAIDI)
2.9
 
  Time to export: Border compliance (hours)
37
 
  System average interruption frequency index (SAIFI)
1.9
 
  Time to import: Border compliance (hours)
25
 
  Minimum outage time (in minutes)
1
 
  Cost to export: Documentary compliance (USD)
67
 
  Mechanisms for monitoring outages (0-1)
1
 
  Cost to import: Documentary compliance
80
 
  Mechanisms for restoring service (0-1)
1
 
  Cost to export: Border compliance (USD)
337
 
  Regulatory monitoring (0-1)
1
 
  Cost to import: Border compliance (USD)
367
 
  Financial deterrents aimed at limiting outages (0-1)
1
 
 

 
  Communication of tariffs and tariff changes (0-1)
1
 
  Enforcing contract (rank)
21
 
  Price of electricity (US cents per kWh)
11.5
 
  Score
71.48
 
 

 
  Time (days)
216
 
  Registering Property (rank)
1
 
  Filing and service (days)
7
 
  Score
94.89
 
  Trial and judgment (days)
167
 
  Procedure (number)
2
 
  Enforcement of judgment (days)
42
 
  Time (days)
1
 
  Cost (% of claim)
27.2
 
  Cost (% of property value)
0.1
 
  Attorney fees (% of claim)
22
 
  Quality of land administration index (0-30)
26.5
 
  Court fees (% of claim)
2
 
  Geographic coverage index (0-8)
26.5
 
  Enforcement fees (% of claim)
3.2
 
  Reliability of infrastructure index (0-8)
8.0
 
  Quality of the judicial processes index (0-18)
9.5
 
  Transparency of information index (0-6)
4.5
 
  Quality of the judicial administration index (0-18)
9.5
 
  Geographic coverage index (0-8)
8.0
 
  Court structure and proceedings (0-5)
3.0
 
  Land dispute resolution index (0-8)
6.0
 
  Case management (0-6)
3.0
 
  Equal access to property rights index (-2-0)
0.0
 
  Court automation (0-4)
1.5
 
 

 
  Alternative dispute resolution (0-3)
2.0
 
  Getting credit (rank)
1
 
 
 
 
  Score
100.00
 
  Resolving Insolvency (rank)
31
 
  Strength of legal rights index (0-12)
12
 
  Score
71.81
 
  Depth of credit information index (0-8)
8
 
  Outcome (0 as piecemeal sale and 1 as going concern)
1
 
  Credit registry coverage (% of adults)
0
 
  Time (years)
1.3
 
  Credit bureau coverage (% of adults)
100
 
  Cost (% of estate)
3.5
 
  Getting Credit total score
20
 
  Recovery rate (cents on the dollar)
84.1
 
 

 
  Strength of insolvency framework index (0-16)
8.5
 
 

 
  Commencement of proceedings index (0-3)
3.0
 
 

 
  Management of debtor's assets index (0-6)
3.0
 
 

 
  Reorganization proceedings index (0-3)
0.5
 
 

 
  Creditor participation index (0-4)
2.0


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