Anda di halaman 1dari 244

From World Development Indicators

The Little Data Book on


Private Sector
Development

Economic and social context

Investment climate

Private sector investment

Finance and banking

Infrastructure
2010 THE LITTLE DATA BOOK
ON PRIVATE SECTOR
DEVELOPMENT
Copyright ©2010 by the International Bank for
Reconstruction and Development/THE WORLD BANK
1818 H Street, N.W., Washington, D.C. 20433
U.S.A.

All rights reserved


Manufactured in the United States of America
First printing May 2010

ISBN: 978-0-8213-8247-9
eISBN: 978-0-8213-8448-0
DOI: 10.1596/978-0-8213-8247-9
SKU: 18247

The Little Data Book on Private Sector Development 2010 is a product


of the Development Data Group of the Development Economics
Vice Presidency and the Investment Climate Department of the Financial
and Private Sector Development Vice Presidency of the World Bank Group.

Editing, design, and layout by Communications Development Incorporated,


Washington, D.C. Cover design by Peter Grundy Art & Design, London, U.K.
Contents
Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv

Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v

Data notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vi

Regional tables. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

World . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

East Asia and Pacific. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Europe and Central Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Latin America and the Caribbean . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Middle East and North Africa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

South Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Sub-Saharan Africa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Income group tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Low income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Lower middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Upper middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Low and middle income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Euro area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

High income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Country tables (in alphabetical order) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Glossary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228

The Little Data Book on Private Sector Development 2010 iii


Acknowledgments
The Little Data Book on Private Sector Development 2010 is based on World
Development Indicators 2010 and its accompanying CD-ROM, with a focus
on the private sector in development. The Little Data Book on Private Sector
Development 2010 is the result of close collaboration between the staff of
the World Bank’s Development Data Group of the Development Economics
Vice Presidency and the Investment Climate Department of the Financial and
Private Sector Development Vice Presidency. The Development Data Group
team included David Cieslikowski, Richard Fix, Buyant Erdene Khaltarkhuu,
Alison Kwong, Raymond Muhula, and William Prince. The Investment
Climate Department’s project coordinator was Shokraneh Minovi. The work
was carried out under the management of Shaida Badiee, director of the
Development Data Group, and Pierre Guislain, director of the Investment
Climate Department. Meta de Coquereaumont, Christopher Trott, and Elaine
Wilson of Communications Development Incorporated provided design,
editing, and layout. Staff from External Affairs oversaw publication and
dissemination of the book.

iv 2010 The Little Data Book on Private Sector Development


Preface
The global financial crisis has led to rising interest in private sector
development and economic growth. There is strong evidence that crises
can stimulate investment climate reform. A better investment climate
makes economic adjustment easier and helps attract capital to create jobs
and provide basic services. Well functioning finance markets and a robust
private sector are critical in increasing productivity and growth and spreading
equality of opportunity. The availability of cross-country data on the business
environment has rapidly expanded in recent years, including data from the
World Bank’s Doing Business project and Enterprise Surveys. These data
sources report on the scope and types of regulations that enhance—and
constrain—business activity and provide information on business owners’
assessments of the business environment. The data have led to new research,
enabled benchmarking, and informed the reform process in many developing
countries.

Included in this guide are indicators on the economic and social context,
the investment climate, private sector investment, finance and banking, and
infrastructure. Though a pocket guide cannot include all relevant variables,
the indicators that are included provide users with a general understanding
of the private sector in each country. Indicators displayed in the tables are
defined in the Glossary, which also lists data sources.

We welcome your suggestions for how to improve future editions and make
them more useful.

The Little Data Book on Private Sector Development 2010 v


Data notes
The data in this book are for 2000 and 2008 or the most recent year unless
otherwise noted in the table or the Glossary.

• Growth rates are proportional changes from the previous year unless
otherwise noted.

• Regional aggregates include data for low- and middle-income


economies only.

• Figures in italics indicate data for years or periods other than those
specified.

Symbols used:

.. indicates that data are not available or that aggregates cannot


be calculated because of missing data.

0 or 0.0 indicates zero or small enough that the number would round
to zero at the displayed number of decimal places.

$ indicates current U.S. dollars.

Data are shown for economies with populations greater than 30,000 or for
smaller economies if they are members of the World Bank. The term country
(used interchangeably with economy) does not imply political independence
or official recognition by the World Bank but refers to any economy for which
the authorities report separate social or economic statistics.

vi 2010 The Little Data Book on Private Sector Development


Regional tables
The country composition of regions is based on the World Bank’s analytical
regions and may differ from common geographic usage.

East Asia and Pacific


American Samoa, Cambodia, China, Fiji, Indonesia, Kiribati, Democratic
Republic of Korea, Lao People’s Democratic Republic, Malaysia, Marshall
Islands, Federated States of Micronesia, Mongolia, Myanmar, Palau,
Papua New Guinea, Philippines, Samoa, Solomon Islands, Thailand,
Timor-Leste, Tonga, Vanuatu, Vietnam

Europe and Central Asia


Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria,
Georgia, Kazakhstan, Kosovo, Kyrgyz Republic, Latvia, Lithuania, Former
Yugoslav Republic of Macedonia, Moldova, Montenegro, Poland, Romania,
Russian Federation, Serbia, Tajikistan, Turkey, Turkmenistan, Ukraine,
Uzbekistan

Latin America and the Caribbean


Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba,
Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala,
Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay,
Peru, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines,
Suriname, Uruguay, Bolivarian Republic of Venezuela

Middle East and North Africa


Algeria, Djibouti, Arab Republic of Egypt, Islamic Republic of Iran, Iraq,
Jordan, Lebanon, Libya, Morocco, Syrian Arab Republic, Tunisia, West
Bank and Gaza, Republic of Yemen

South Asia
Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan,
Sri Lanka

Sub-Saharan Africa
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape
Verde, Central African Republic, Chad, Comoros, Democratic Republic
of the Congo, Republic of Congo, Côte d’Ivoire, Eritrea, Ethiopia, Gabon,
The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia,
Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Mozambique,
Namibia, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal,
Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland,
Tanzania, Togo, Uganda, Zambia, Zimbabwe

The Little Data Book on Private Sector Development 2010 1


World
2000 2008
Economic and social context
Population (millions) 6,084.9 6,697.3
Labor force (millions) 2,755.9 3,102.8
Unemployment rate (% of labor force) 5.5 6.4
GNI per capita, World Bank Atlas method ($) 5,264 8,654
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.2 3.1
Agriculture value added (% of GDP) 3.6 3.0
Industry value added (% of GDP) 29.1 27.7
Manufacturing value added (% of GDP) 19.3 17.7
Services value added (% of GDP) 67.3 69.3
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 24.5 28.9
Imports of goods and services (% of GDP) 24.6 28.9

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 36
Procedures to start a business (number) .. 8
Firing cost (weeks of wages) .. 51.2
Closing a business (years to resolve insolvency) .. 3.0
Total tax rate (% of profit) .. 48.3
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.6 11.0
New business density (new regis. per working-age pop.) 1.8 4.1
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. ..
Private foreign direct investment, net (% of GDP) 4.8 3.0
Gross fixed capital formation (% of GDP) 21.6 21.7
Gross fixed private capital formation (% of GDP) .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –0.1 –0.9
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 98.8 92.2
Total financial system deposits (% of GDP) 92.5 80.6
Bank capital to asset ratio (%) 8.7 9.0
Bank nonperforming loans to total gross loans ratio (%) 9.5 3.2
Domestic credit to the private sector (% of GDP) 130.5 129.7
Real interest rate (%)
Interest rate spread (percentage points) 7.0 6.0

Infrastructure
Paved roads (% of total roads) 43.2 ..
Electric power consumption (kWh per capita) 2,389 2,846
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 12.3 60.8
Internet users (per 100 people) 6.8 23.9

2 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
2000 2008
Economic and social context
Population (millions) 1,807.1 1,929.6
Labor force (millions) 985.3 1,079.8
Unemployment rate (% of labor force) 3.6 4.7
GNI per capita, World Bank Atlas method ($) 904 2,644
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.0 9.1
Agriculture value added (% of GDP) 14.6 12.2
Industry value added (% of GDP) 44.3 47.0
Manufacturing value added (% of GDP) 30.7 32.8
Services value added (% of GDP) 41.0 40.9
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 35.5 40.4
Imports of goods and services (% of GDP) 31.3 34.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 42
Procedures to start a business (number) .. 8
Firing cost (weeks of wages) .. 56.7
Closing a business (years to resolve insolvency) .. 3.1
Total tax rate (% of profit) .. 38.0
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.2 8.5
New business density (new regis. per working-age pop.) 1.1 1.2
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 17,993 10,579
Private foreign direct investment, net (% of GDP) 2.6 3.3
Gross fixed capital formation (% of GDP) 30.5 37.8
Gross fixed private capital formation (% of GDP) 8.9 18.3

Finance and banking


Government cash surplus or deficit (% of GDP) –2.6 –1.1
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 104.6 105.8
Total financial system deposits (% of GDP) 45.8 47.7
Bank capital to asset ratio (%) .. ..
Bank nonperforming loans to total gross loans ratio (%) .. ..
Domestic credit to the private sector (% of GDP) 101.1 99.8
Real interest rate (%)
Interest rate spread (percentage points) 6.9 5.1

Infrastructure
Paved roads (% of total roads) 34.3 ..
Electric power consumption (kWh per capita) 879 1,883
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 5.8 52.9
Internet users (per 100 people) 1.9 19.4

The Little Data Book on Private Sector Development 2010 3


Europe & Central Asia
2000 2008
Economic and social context
Population (millions) 440.5 443.3
Labor force (millions) 195.0 200.0
Unemployment rate (% of labor force) 10.5 6.9
GNI per capita, World Bank Atlas method ($) 2,011 7,350
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.7 6.2
Agriculture value added (% of GDP) 9.5 6.7
Industry value added (% of GDP) 34.0 32.4
Manufacturing value added (% of GDP) 19.5 17.9
Services value added (% of GDP) 56.5 60.8
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 35.1 34.3
Imports of goods and services (% of GDP) 31.8 34.9

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 19
Procedures to start a business (number) .. 7
Firing cost (weeks of wages) .. 25.0
Closing a business (years to resolve insolvency) .. 3.0
Total tax rate (% of profit) .. 44.5
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.6 11.5
New business density (new regis. per working-age pop.) 1.3 2.9
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 15,425 45,191
Private foreign direct investment, net (% of GDP) 2.2 4.4
Gross fixed capital formation (% of GDP) 19.9 22.8
Gross fixed private capital formation (% of GDP) 17.0 18.7

Finance and banking


Government cash surplus or deficit (% of GDP) 1.6 0.3
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 25.9 ..
Total financial system deposits (% of GDP) 24.9 ..
Bank capital to asset ratio (%) 12.8 12.2
Bank nonperforming loans to total gross loans ratio (%) 10.4 4.4
Domestic credit to the private sector (% of GDP) 17.4 43.0
Real interest rate (%)
Interest rate spread (percentage points) 13.6 6.2

Infrastructure
Paved roads (% of total roads) 66.5 ..
Electric power consumption (kWh per capita) 3,302 3,958
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 7.5 109.9
Internet users (per 100 people) 2.5 28.6

4 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
2000 2008
Economic and social context
Population (millions) 512.4 566.1
Labor force (millions) 221.0 264.5
Unemployment rate (% of labor force) 9.0 7.3
GNI per capita, World Bank Atlas method ($) 3,802 6,768
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 3.9
Agriculture value added (% of GDP) 5.6 6.6
Industry value added (% of GDP) 29.7 32.7
Manufacturing value added (% of GDP) 18.3 17.6
Services value added (% of GDP) 64.7 60.6
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 20.1 24.0
Imports of goods and services (% of GDP) 21.2 24.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 67
Procedures to start a business (number) .. 10
Firing cost (weeks of wages) .. 55.6
Closing a business (years to resolve insolvency) .. 3.2
Total tax rate (% of profit) .. 48.5
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 7.2 6.6
New business density (new regis. per working-age pop.) 1.3 2.1
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 37,252 40,851
Private foreign direct investment, net (% of GDP) 3.9 3.0
Gross fixed capital formation (% of GDP) 18.7 21.1
Gross fixed private capital formation (% of GDP) .. 16.2

Finance and banking


Government cash surplus or deficit (% of GDP) .. ..
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 42.7 54.9
Total financial system deposits (% of GDP) 31.0 40.1
Bank capital to asset ratio (%) 9.6 9.7
Bank nonperforming loans to total gross loans ratio (%) 7.5 2.5
Domestic credit to the private sector (% of GDP) 27.7 38.8
Real interest rate (%)
Interest rate spread (percentage points) 8.5 7.9

Infrastructure
Paved roads (% of total roads) 24.3 ..
Electric power consumption (kWh per capita) 1,582 1,866
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 12.1 80.3
Internet users (per 100 people) 3.8 28.9

The Little Data Book on Private Sector Development 2010 5


Middle East & North Africa
2000 2008
Economic and social context
Population (millions) 280.5 325.2
Labor force (millions) 89.1 111.1
Unemployment rate (% of labor force) 14.1 10.6
GNI per capita, World Bank Atlas method ($) 1,618 3,237
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.5 4.8
Agriculture value added (% of GDP) 12.5 10.6
Industry value added (% of GDP) 43.3 43.0
Manufacturing value added (% of GDP) 12.5 11.7
Services value added (% of GDP) 44.2 46.4
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 26.8 38.2
Imports of goods and services (% of GDP) 25.6 33.3

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 23
Procedures to start a business (number) .. 9
Firing cost (weeks of wages) .. 54.8
Closing a business (years to resolve insolvency) .. 3.5
Total tax rate (% of profit) .. 41.6
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 12.9 10.1
New business density (new regis. per working-age pop.) 0.4 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,310 3,942
Private foreign direct investment, net (% of GDP) 1.2 4.6
Gross fixed capital formation (% of GDP) 22.0 24.8
Gross fixed private capital formation (% of GDP) 14.0 15.0

Finance and banking


Government cash surplus or deficit (% of GDP) .. 1.7
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 46.9 47.0
Total financial system deposits (% of GDP) 44.7 53.2
Bank capital to asset ratio (%) .. ..
Bank nonperforming loans to total gross loans ratio (%) .. ..
Domestic credit to the private sector (% of GDP) 38.4 35.8
Real interest rate (%)
Interest rate spread (percentage points) 4.9 4.3

Infrastructure
Paved roads (% of total roads) 68.4 75.6
Electric power consumption (kWh per capita) 1,043 1,435
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 2.2 58.0
Internet users (per 100 people) 0.9 18.9

6 2010 The Little Data Book on Private Sector Development


South Asia
2000 2008
Economic and social context
Population (millions) 1,362.4 1,545.1
Labor force (millions) 515.4 618.6
Unemployment rate (% of labor force) 4.5 5.3
GNI per capita, World Bank Atlas method ($) 442 963
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.4 7.3
Agriculture value added (% of GDP) 23.9 18.0
Industry value added (% of GDP) 25.8 28.5
Manufacturing value added (% of GDP) 15.4 16.4
Services value added (% of GDP) 50.3 53.5
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 14.2 21.4
Imports of goods and services (% of GDP) 15.9 28.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 28
Procedures to start a business (number) .. 7
Firing cost (weeks of wages) .. 75.8
Closing a business (years to resolve insolvency) .. 4.5
Total tax rate (% of profit) .. 40.0
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 3.7 2.7
New business density (new regis. per working-age pop.) 0.1 0.2
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 3,027 33,367
Private foreign direct investment, net (% of GDP) 0.7 3.3
Gross fixed capital formation (% of GDP) 22.2 32.0
Gross fixed private capital formation (% of GDP) 15.8 23.8

Finance and banking


Government cash surplus or deficit (% of GDP) –4.0 –2.2
Government debt (% of GDP) 64.6 61.3
Deposit money banks’ assets (% of GDP) 38.6 65.0
Total financial system deposits (% of GDP) 39.0 61.4
Bank capital to asset ratio (%) 4.9 6.4
Bank nonperforming loans to total gross loans ratio (%) 19.5 9.1
Domestic credit to the private sector (% of GDP) 27.7 49.5
Real interest rate (%)
Interest rate spread (percentage points) 6.9 6.6

Infrastructure
Paved roads (% of total roads) 30.4 56.9
Electric power consumption (kWh per capita) 359 482
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 0.3 32.6
Internet users (per 100 people) 0.5 4.7

The Little Data Book on Private Sector Development 2010 7


Sub-Saharan Africa
2000 2008
Economic and social context
Population (millions) 671.8 819.3
Labor force (millions) 263.1 327.2
Unemployment rate (% of labor force) .. ..
GNI per capita, World Bank Atlas method ($) 486 1,077
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.2 5.2
Agriculture value added (% of GDP) 16.5 12.3
Industry value added (% of GDP) 29.3 33.0
Manufacturing value added (% of GDP) 14.8 14.8
Services value added (% of GDP) 54.2 54.7
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 32.4 36.2
Imports of goods and services (% of GDP) 30.7 38.8

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 44
Procedures to start a business (number) .. 9
Firing cost (weeks of wages) .. 66.2
Closing a business (years to resolve insolvency) .. 3.4
Total tax rate (% of profit) .. 67.6
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 6.6 6.6
New business density (new regis. per working-age pop.) 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2,787 11,759
Private foreign direct investment, net (% of GDP) 2.0 3.5
Gross fixed capital formation (% of GDP) 16.2 22.4
Gross fixed private capital formation (% of GDP) 11.7 14.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. ..
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 40.0 42.8
Total financial system deposits (% of GDP) 31.2 34.0
Bank capital to asset ratio (%) .. ..
Bank nonperforming loans to total gross loans ratio (%) .. ..
Domestic credit to the private sector (% of GDP) 61.4 58.5
Real interest rate (%)
Interest rate spread (percentage points) 12.6 10.0

Infrastructure
Paved roads (% of total roads) 12.1 ..
Electric power consumption (kWh per capita) 490 550
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 1.8 33.3
Internet users (per 100 people) 0.5 6.5

8 2010 The Little Data Book on Private Sector Development


Income group tables
For operational and analytical purposes the World Bank’s main criterion
for classifying economies is gross national income (GNI) per capita. Every
economy in The Little Data Book on Private Sector Development is classified
as low income, middle income, or high income. Low- and middle-income
economies are sometimes referred to as developing economies. The use of
the term is convenient; it is not intended to imply that all economies in the
group are experiencing similar development or that other economies have
reached a preferred or final stage of development. Classification by income
does not necessarily reflect development status.

Low-income economies are those with a GNI per capita of $975 or less
in 2008.

Middle-income economies are those with a GNI per capita of more than
$975 but less than $11,906. Lower-middle-income and upper-middle-income
economies are separated at a GNI per capita of $3,855.

High-income economies are those with a GNI per capita of $11,906 or


more.

Euro area includes the member states of the Economic and Monetary
Union of the European Union that have adopted the euro as their currency:
Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy,
Luxembourg, Malta, Netherlands, Portugal, Slovak Republic, Slovenia, and
Spain.

The Little Data Book on Private Sector Development 2010 9


Low income
2000 2008
Economic and social context
Population (millions) 824.7 976.2
Labor force (millions) 357.9 441.4
Unemployment rate (% of labor force) .. ..
GNI per capita, World Bank Atlas method ($) 290 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.5 5.8
Agriculture value added (% of GDP) 32.0 25.0
Industry value added (% of GDP) 24.2 28.5
Manufacturing value added (% of GDP) 12.1 14.3
Services value added (% of GDP) 43.8 46.5
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 25.4 33.9
Imports of goods and services (% of GDP) 31.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 44
Procedures to start a business (number) .. 9
Firing cost (weeks of wages) .. 68.7
Closing a business (years to resolve insolvency) .. 3.8
Total tax rate (% of profit) .. 74.4
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 7.0 18.2
New business density (new regis. per working-age pop.) 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 886 7,503
Private foreign direct investment, net (% of GDP) 1.9 5.1
Gross fixed capital formation (% of GDP) 20.4 26.0
Gross fixed private capital formation (% of GDP) 12.6 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. ..
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 25.1 40.6
Total financial system deposits (% of GDP) 20.3 26.3
Bank capital to asset ratio (%) .. ..
Bank nonperforming loans to total gross loans ratio (%) .. ..
Domestic credit to the private sector (% of GDP) 20.5 36.5
Real interest rate (%)
Interest rate spread (percentage points) 12.5 10.8

Infrastructure
Paved roads (% of total roads) 12.1 ..
Electric power consumption (kWh per capita) 255 324
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 0.4 28.5
Internet users (per 100 people) 0.2 4.6

10 2010 The Little Data Book on Private Sector Development


Middle income
2000 2008
Economic and social context
Population (millions) 4,249.9 4,652.3
Labor force (millions) 1,911.0 2,159.8
Unemployment rate (% of labor force) 5.5 6.4
GNI per capita, World Bank Atlas method ($) 1,321 3,251
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 6.4
Agriculture value added (% of GDP) 10.9 9.5
Industry value added (% of GDP) 35.5 37.1
Manufacturing value added (% of GDP) 21.5 21.6
Services value added (% of GDP) 53.6 53.5
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 27.2 31.3
Imports of goods and services (% of GDP) 25.6 30.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 40
Procedures to start a business (number) .. 8
Firing cost (weeks of wages) .. 49.1
Closing a business (years to resolve insolvency) .. 3.1
Total tax rate (% of profit) .. 42.0
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.4 10.0
New business density (new regis. per working-age pop.) 1.2 2.3
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 88,129 146,632
Private foreign direct investment, net (% of GDP) 2.7 3.5
Gross fixed capital formation (% of GDP) 22.8 27.7
Gross fixed private capital formation (% of GDP) 13.6 17.8

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.6
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 60.8 69.1
Total financial system deposits (% of GDP) 37.3 43.9
Bank capital to asset ratio (%) 9.5 9.7
Bank nonperforming loans to total gross loans ratio (%) 11.2 3.9
Domestic credit to the private sector (% of GDP) 50.9 62.6
Real interest rate (%)
Interest rate spread (percentage points) 8.3 6.4

Infrastructure
Paved roads (% of total roads) 37.6 ..
Electric power consumption (kWh per capita) 1,109 1,666
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 5.2 56.8
Internet users (per 100 people) 1.8 17.3

The Little Data Book on Private Sector Development 2010 11


Lower middle income
2000 2008
Economic and social context
Population (millions) 3,361.5 3,703.0
Labor force (millions) 1,527.1 1,727.9
Unemployment rate (% of labor force) 4.3 5.5
GNI per capita, World Bank Atlas method ($) 771 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.5 8.3
Agriculture value added (% of GDP) 16.8 13.4
Industry value added (% of GDP) 39.5 41.1
Manufacturing value added (% of GDP) 24.4 26.6
Services value added (% of GDP) 43.7 45.5
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 27.2 35.4
Imports of goods and services (% of GDP) 25.5 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 34
Procedures to start a business (number) .. 9
Firing cost (weeks of wages) .. 58.6
Closing a business (years to resolve insolvency) .. 3.3
Total tax rate (% of profit) .. 40.1
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.6 8.8
New business density (new regis. per working-age pop.) 0.5 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 21,192 31,715
Private foreign direct investment, net (% of GDP) 2.1 3.4
Gross fixed capital formation (% of GDP) 27.2 34.5
Gross fixed private capital formation (% of GDP) 11.4 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –3.0 –1.5
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 78.2 98.1
Total financial system deposits (% of GDP) 40.8 48.0
Bank capital to asset ratio (%) 8.8 10.2
Bank nonperforming loans to total gross loans ratio (%) 16.8 4.4
Domestic credit to the private sector (% of GDP) 71.1 82.6
Real interest rate (%)
Interest rate spread (percentage points) 8.6 6.6

Infrastructure
Paved roads (% of total roads) 37.6 ..
Electric power consumption (kWh per capita) 720 1,310
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 3.4 47.0
Internet users (per 100 people) 1.2 13.9

12 2010 The Little Data Book on Private Sector Development


Upper middle income
2000 2008
Economic and social context
Population (millions) 888.4 949.3
Labor force (millions) 383.9 432.0
Unemployment rate (% of labor force) 11.5 8.0
GNI per capita, World Bank Atlas method ($) 3,399 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.9 4.6
Agriculture value added (% of GDP) 6.0 6.1
Industry value added (% of GDP) 32.0 33.7
Manufacturing value added (% of GDP) 18.7 17.3
Services value added (% of GDP) 62.0 60.2
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 27.2 27.8
Imports of goods and services (% of GDP) 25.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 47
Procedures to start a business (number) .. 8
Firing cost (weeks of wages) .. 37.4
Closing a business (years to resolve insolvency) .. 2.9
Total tax rate (% of profit) .. 44.3
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.4 10.8
New business density (new regis. per working-age pop.) 1.9 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 59,807 82,923
Private foreign direct investment, net (% of GDP) 3.3 3.6
Gross fixed capital formation (% of GDP) 19.0 21.9
Gross fixed private capital formation (% of GDP) 13.5 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. ..
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 44.5 51.2
Total financial system deposits (% of GDP) 34.0 39.9
Bank capital to asset ratio (%) 9.5 9.4
Bank nonperforming loans to total gross loans ratio (%) 8.1 3.6
Domestic credit to the private sector (% of GDP) 33.8 44.6
Real interest rate (%)
Interest rate spread (percentage points) 7.8 6.2

Infrastructure
Paved roads (% of total roads) 41.8 ..
Electric power consumption (kWh per capita) 2,581 3,052
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 11.8 95.3
Internet users (per 100 people) 4.2 30.6

The Little Data Book on Private Sector Development 2010 13


Low and middle income
2000 2008
Economic and social context
Population (millions) 5,074.6 5,628.5
Labor force (millions) 2,268.9 2,601.3
Unemployment rate (% of labor force) 5.4 6.4
GNI per capita, World Bank Atlas method ($) 1,153 2,780
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 6.4
Agriculture value added (% of GDP) 11.8 10.0
Industry value added (% of GDP) 35.0 36.8
Manufacturing value added (% of GDP) 21.1 21.3
Services value added (% of GDP) 53.2 53.2
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 27.1 31.4
Imports of goods and services (% of GDP) 25.8 30.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 41
Procedures to start a business (number) .. 9
Firing cost (weeks of wages) .. 55.1
Closing a business (years to resolve insolvency) .. 3.3
Total tax rate (% of profit) .. 51.5
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.1 10.4
New business density (new regis. per working-age pop.) 0.9 2.0
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 47,450 153,045
Private foreign direct investment, net (% of GDP) 2.7 3.6
Gross fixed capital formation (% of GDP) 22.7 27.6
Gross fixed private capital formation (% of GDP) 13.6 17.8

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.6
Government debt (% of GDP) .. ..
Deposit money banks’ assets (% of GDP) 59.7 68.7
Total financial system deposits (% of GDP) 36.8 43.6
Bank capital to asset ratio (%) .. ..
Bank nonperforming loans to total gross loans ratio (%) 11.6 4.1
Domestic credit to the private sector (% of GDP) 49.9 61.9
Real interest rate (%)
Interest rate spread (percentage points) 8.6 6.5

Infrastructure
Paved roads (% of total roads) 24.3 ..
Electric power consumption (kWh per capita) 995 1,478
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 4.4 52.2
Internet users (per 100 people) 1.6 15.3

14 2010 The Little Data Book on Private Sector Development


Euro area
2000 2008
Economic and social context
Population (millions) 311.6 326.1
Labor force (millions) 143.3 147.6
Unemployment rate (% of labor force) 9.3 7.5
GNI per capita, World Bank Atlas method ($) 21,943 38,839
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.8 1.8
Agriculture value added (% of GDP) 2.5 1.7
Industry value added (% of GDP) 27.8 26.5
Manufacturing value added (% of GDP) 19.9 18.2
Services value added (% of GDP) 69.7 71.8
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 36.8 41.1
Imports of goods and services (% of GDP) 36.2 39.9

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 15
Procedures to start a business (number) .. 6
Firing cost (weeks of wages) .. 36.5
Closing a business (years to resolve insolvency) .. 1.6
Total tax rate (% of profit) .. 45.9
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 8.6 8.9
New business density (new regis. per working-age pop.) 2.5 3.8
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. ..
Private foreign direct investment, net (% of GDP) 10.2 3.1
Gross fixed capital formation (% of GDP) 21.4 21.4
Gross fixed private capital formation (% of GDP) .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.0 –0.7
Government debt (% of GDP) 60.5 51.7
Deposit money banks’ assets (% of GDP) .. ..
Total financial system deposits (% of GDP) .. ..
Bank capital to asset ratio (%) 6.3 6.1
Bank nonperforming loans to total gross loans ratio (%) 2.8 2.6
Domestic credit to the private sector (% of GDP) 97.9 126.4
Real interest rate (%)
Interest rate spread (percentage points) 4.4 3.3

Infrastructure
Paved roads (% of total roads) 95.4 100.0
Electric power consumption (kWh per capita) 6,371 6,963
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 60.4 121.9
Internet users (per 100 people) 22.8 62.6

The Little Data Book on Private Sector Development 2010 15


High income
2000 2008
Economic and social context
Population (millions) 1,010.3 1,068.7
Labor force (millions) 487.0 501.5
Unemployment rate (% of labor force) 6.1 5.9
GNI per capita, World Bank Atlas method ($) 25,918 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.1 2.3
Agriculture value added (% of GDP) 1.8 1.5
Industry value added (% of GDP) 27.9 25.7
Manufacturing value added (% of GDP) 18.9 16.8
Services value added (% of GDP) 70.3 72.8
Inflation (annual % change in consumer price index)
Exchange rate (local currency units per $)
Exports of goods and services (% of GDP) 23.9 28.1
Imports of goods and services (% of GDP) 24.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best)
Time to start a business (days) .. 19
Procedures to start a business (number) .. 6
Firing cost (weeks of wages) .. 39.3
Closing a business (years to resolve insolvency) .. 2.1
Total tax rate (% of profit) .. 39.2
Highest marginal tax rate, corporate (%)
Business entry rate (new registrations as % of total) 9.2 11.5
New business density (new regis. per working-age pop.) 3.6 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time)
Firms expected to give gifts in meetings w/tax officials (%)
Firms using banks to finance investments (% of firms)
Delay in obtaining an electrical connection (days)
ISO certification ownership (% of firms)

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. ..
Private foreign direct investment, net (% of GDP) 5.3 2.8
Gross fixed capital formation (% of GDP) 21.4 20.7
Gross fixed private capital formation (% of GDP) .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.1 –1.0
Government debt (% of GDP) 55.1 43.4
Deposit money banks’ assets (% of GDP) 110.3 99.4
Total financial system deposits (% of GDP) 91.7 ..
Bank capital to asset ratio (%) 6.9 6.3
Bank nonperforming loans to total gross loans ratio (%) 3.8 1.9
Domestic credit to the private sector (% of GDP) 149.1 155.9
Real interest rate (%)
Interest rate spread (percentage points) 4.2 3.9

Infrastructure
Paved roads (% of total roads) 90.0 87.0
Electric power consumption (kWh per capita) 9,169 9,753
Power outages in a typical month (number)
Mobile cellular subscriptions (per 100 people) 51.1 106.1
Internet users (per 100 people) 31.5 69.1

16 2010 The Little Data Book on Private Sector Development


Country tables
China

Data for China do not include data for Hong Kong SAR, China; Macao SAR,
China; or Taiwan, China.

Cyprus

GNI and GDP data and data calculated using GNI and GDP refer to the area
controlled by the government of the Republic of Cyprus. For more information,
see World Development Indicators 2010 or data.worldbank.org.

Kosovo, Montenegro, and Serbia

Montenegro declared independence from Serbia and Montenegro on June 3,


2006. Where available, data for each country are shown separately. However,
some indicators for Serbia prior to 2006 include data for Montenegro.
Moreover, data for most indicators for Serbia from 1999 onward exclude
data for Kosovo, which in 1999 became a territory under international
administration pursuant to UN Security Council Resolution 1244 (1999).
Kosovo became a member of the World Bank on June 29, 2009, and its
data are shown where available.

Moldova

GNI and GDP data and data calculated using GNI and GDP exclude Transnistria.
For more information, see World Development Indicators 2010 or data.world-
bank.org.

Morocco

GNI and GDP data and data calculated using GNI and GDP include Former
Spanish Sahara. For more information, see World Development Indicators
2010 or data.worldbank.org.

Tanzania

GNI and GDP data and data calculated using GNI and GDP refer to mainland
Tanzania only. For more information, see World Development Indicators 2010
or data.worldbank.org.

The Little Data Book on Private Sector Development 2010 17


Afghanistan
South Asia Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 23.6 29.0 976
Labor force (millions) 7.4 9.3 441
Unemployment rate (% of labor force) .. 8.5 ..
GNI per capita, World Bank Atlas method ($) .. 370 523
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 11.8 5.8
Agriculture value added (% of GDP) 45.2 31.6 25.0
Industry value added (% of GDP) 19.7 26.3 28.5
Manufacturing value added (% of GDP) 15.0 16.2 14.3
Services value added (% of GDP) 35.1 42.1 46.5
Inflation (annual % change in consumer price index) .. 22.7
Exchange rate (local currency units per $) 47.4 50.3
Exports of goods and services (% of GDP) 30.6 17.2 33.9
Imports of goods and services (% of GDP) 61.6 52.7 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 160
Time to start a business (days) .. 7 44
Procedures to start a business (number) .. 4 9
Firing cost (weeks of wages) .. 30.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 36.4 74.4
Highest marginal tax rate, corporate (%) 20 20
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.8
Firms expected to give gifts in meetings w/tax officials (%) .. 28.8
Firms using banks to finance investments (% of firms) .. 1.4
Delay in obtaining an electrical connection (days) .. 45.8
ISO certification ownership (% of firms) .. 8.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 70 185 7,503
Private foreign direct investment, net (% of GDP) .. 2.8 5.1
Gross fixed capital formation (% of GDP) 11.6 27.6 26.0
Gross fixed private capital formation (% of GDP) 1.1 8.7 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.2 ..
Government debt (% of GDP) .. 9.6 ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) .. 8.9 36.5
Real interest rate (%) .. 9.6
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 13.3 29.3 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 20.3
Mobile cellular subscriptions (per 100 people) 0.0 27.2 28.5
Internet users (per 100 people) 0.0 1.7 4.6

18 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Albania
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.1 3.1 3,703
Labor force (millions) 1.3 1.4 1,728
Unemployment rate (% of labor force) 22.7 .. 5.5
GNI per capita, World Bank Atlas method ($) 1,170 3,840 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.2 5.4 8.3
Agriculture value added (% of GDP) 29.1 20.8 13.4
Industry value added (% of GDP) 19.0 19.6 41.1
Manufacturing value added (% of GDP) 11.4 19.6 26.6
Services value added (% of GDP) 51.9 59.6 45.5
Inflation (annual % change in consumer price index) 0.1 3.4
Exchange rate (local currency units per $) 143.7 83.9
Exports of goods and services (% of GDP) 19.1 31.2 35.4
Imports of goods and services (% of GDP) 37.5 59.4 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 82
Time to start a business (days) .. 5 34
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. 56.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 44.9 40.1
Highest marginal tax rate, corporate (%) .. 10
Business entry rate (new registrations as % of total) 9.1 13.5 8.8
New business density (new regis. per working-age pop.) 0.5 0.9 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 11.4 18.7
Firms expected to give gifts in meetings w/tax officials (%) 83.8 22.4
Firms using banks to finance investments (% of firms) 10.4 12.4
Delay in obtaining an electrical connection (days) 27.4 41.7
ISO certification ownership (% of firms) 14.0 24.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 102 64 31,715
Private foreign direct investment, net (% of GDP) 3.9 7.6 3.4
Gross fixed capital formation (% of GDP) 24.7 32.4 34.5
Gross fixed private capital formation (% of GDP) 18.1 23.9 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –6.7 –3.0 –1.5
Government debt (% of GDP) 51.9 .. ..
Deposit money banks’ assets (% of GDP) 32.4 43.4 98.1
Total financial system deposits (% of GDP) 40.9 51.6 48.0
Bank capital to asset ratio (%) .. 6.7 10.2
Bank nonperforming loans to total gross loans ratio (%) .. 6.6 4.4
Domestic credit to the private sector (% of GDP) 4.7 36.0 82.6
Real interest rate (%) 17.0 10.3
Interest rate spread (percentage points) 13.8 6.2 6.6

Infrastructure
Paved roads (% of total roads) 39.0 .. 37.6
Electric power consumption (kWh per capita) 1,218 1,186 1,310
Power outages in a typical month (number) .. 37.8
Mobile cellular subscriptions (per 100 people) 1.0 99.9 47.0
Internet users (per 100 people) 0.1 23.9 13.9

The Little Data Book on Private Sector Development 2010 19


Algeria
Middle East & North Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 30.5 34.4 949
Labor force (millions) 11.1 14.5 432
Unemployment rate (% of labor force) 29.8 13.8 8.0
GNI per capita, World Bank Atlas method ($) 1,610 4,190 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.2 4.3 4.6
Agriculture value added (% of GDP) 8.9 6.9 6.1
Industry value added (% of GDP) 58.6 62.1 33.7
Manufacturing value added (% of GDP) 7.5 4.6 17.3
Services value added (% of GDP) 32.5 31.0 60.2
Inflation (annual % change in consumer price index) 0.3 4.4
Exchange rate (local currency units per $) 75.3 64.6
Exports of goods and services (% of GDP) 41.2 47.5 27.8
Imports of goods and services (% of GDP) 21.4 23.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 136
Time to start a business (days) .. 24 47
Procedures to start a business (number) .. 14 8
Firing cost (weeks of wages) .. 17.0 37.4
Closing a business (years to resolve insolvency) .. 2.5 2.9
Total tax rate (% of profit) .. 72.0 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. 10.1 10.8
New business density (new regis. per working-age pop.) .. 0.5 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 25.1
Firms expected to give gifts in meetings w/tax officials (%) .. 15.0
Firms using banks to finance investments (% of firms) 27.6 8.9
Delay in obtaining an electrical connection (days) 124.9 49.1
ISO certification ownership (% of firms) .. 5.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 472 1,138 82,923
Private foreign direct investment, net (% of GDP) 0.8 1.6 3.6
Gross fixed capital formation (% of GDP) 20.7 27.0 21.9
Gross fixed private capital formation (% of GDP) 12.9 10.5 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. 9.5 ..
Government debt (% of GDP) 62.1 .. ..
Deposit money banks’ assets (% of GDP) 33.1 32.7 51.2
Total financial system deposits (% of GDP) 24.0 41.1 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 6.0 13.5 44.6
Real interest rate (%) –11.7 –2.5
Interest rate spread (percentage points) 2.5 6.3 6.2

Infrastructure
Paved roads (% of total roads) 68.9 70.2 41.8
Electric power consumption (kWh per capita) 695 902 3,052
Power outages in a typical month (number) .. 4.8
Mobile cellular subscriptions (per 100 people) 0.3 92.7 95.3
Internet users (per 100 people) 0.5 11.9 30.6

20 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
American Samoa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.06 0.07 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) 5.1 .. 8.0
GNI per capita, World Bank Atlas method ($) .. .. 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 4.6
Agriculture value added (% of GDP) .. .. 6.1
Industry value added (% of GDP) .. .. 33.7
Manufacturing value added (% of GDP) .. .. 17.3
Services value added (% of GDP) .. .. 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 27.8
Imports of goods and services (% of GDP) .. .. 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 47
Procedures to start a business (number) .. .. 8
Firing cost (weeks of wages) .. .. 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. .. 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 82,923
Private foreign direct investment, net (% of GDP) .. .. 3.6
Gross fixed capital formation (% of GDP) .. .. 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) .. .. 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) .. .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 3.5 3.6 95.3
Internet users (per 100 people) .. .. 30.6

The Little Data Book on Private Sector Development 2010 21


Andorra High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) .. 0.08 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) .. 36,970 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.6 6.4 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. 76.6 106.1
Internet users (per 100 people) .. 70.5 69.1

22 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Angola
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 14.3 18.0 3,703
Labor force (millions) 6.2 8.0 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 410 3,340 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.3 13.5 8.3
Agriculture value added (% of GDP) 5.7 6.6 13.4
Industry value added (% of GDP) 72.1 67.8 41.1
Manufacturing value added (% of GDP) 2.9 4.8 26.6
Services value added (% of GDP) 22.2 25.7 45.5
Inflation (annual % change in consumer price index) 325.0 12.5
Exchange rate (local currency units per $) 10.0 75.0
Exports of goods and services (% of GDP) 89.6 75.6 35.4
Imports of goods and services (% of GDP) 62.8 50.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 169
Time to start a business (days) .. 68 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 58.0 58.6
Closing a business (years to resolve insolvency) .. 6.2 3.3
Total tax rate (% of profit) .. 53.2 40.1
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.1
Firms expected to give gifts in meetings w/tax officials (%) .. 14.8
Firms using banks to finance investments (% of firms) .. 2.1
Delay in obtaining an electrical connection (days) .. 60.2
ISO certification ownership (% of firms) .. 5.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 68 327 31,715
Private foreign direct investment, net (% of GDP) 9.6 2.0 3.4
Gross fixed capital formation (% of GDP) 15.1 12.4 34.5
Gross fixed private capital formation (% of GDP) 8.9 1.8 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 1.3 7.7 98.1
Total financial system deposits (% of GDP) 8.3 10.5 48.0
Bank capital to asset ratio (%) 10.6 .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 10.4 .. 4.4
Domestic credit to the private sector (% of GDP) 2.0 12.5 82.6
Real interest rate (%) –60.8 –9.2
Interest rate spread (percentage points) 63.6 6.3 6.6

Infrastructure
Paved roads (% of total roads) 10.4 .. 37.6
Electric power consumption (kWh per capita) 86 185 1,310
Power outages in a typical month (number) .. 7.6
Mobile cellular subscriptions (per 100 people) 0.2 37.6 47.0
Internet users (per 100 people) 0.1 3.1 13.9

The Little Data Book on Private Sector Development 2010 23


Antigua and Barbuda High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.08 0.09 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 8.4 .. 5.9
GNI per capita, World Bank Atlas method ($) 7,960 13,200 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 6.4 2.3
Agriculture value added (% of GDP) 3.9 3.0 1.5
Industry value added (% of GDP) 19.8 27.8 25.7
Manufacturing value added (% of GDP) 2.3 1.9 16.8
Services value added (% of GDP) 76.3 69.2 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 70.3 51.1 28.1
Imports of goods and services (% of GDP) 75.1 75.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 50
Time to start a business (days) .. 21 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 52.0 39.3
Closing a business (years to resolve insolvency) .. 3.0 2.1
Total tax rate (% of profit) .. 41.5 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 6.5 20.8 2.8
Gross fixed capital formation (% of GDP) 48.1 73.7 20.7
Gross fixed private capital formation (% of GDP) 24.9 .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 72.9 75.1 155.9
Real interest rate (%) 11.7 7.4
Interest rate spread (percentage points) 7.0 6.9 3.9

Infrastructure
Paved roads (% of total roads) 33.0 .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 28.5 157.7 106.1
Internet users (per 100 people) 6.5 75.0 69.1

24 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Argentina
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 36.9 39.9 949
Labor force (millions) 16.3 19.1 432
Unemployment rate (% of labor force) 15.0 7.3 8.0
GNI per capita, World Bank Atlas method ($) 7,460 7,190 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.7 5.3 4.6
Agriculture value added (% of GDP) 5.0 9.8 6.1
Industry value added (% of GDP) 27.6 32.3 33.7
Manufacturing value added (% of GDP) 17.5 21.2 17.3
Services value added (% of GDP) 67.4 57.9 60.2
Inflation (annual % change in consumer price index) –0.9 8.6
Exchange rate (local currency units per $) 1.0 3.1
Exports of goods and services (% of GDP) 10.9 24.5 27.8
Imports of goods and services (% of GDP) 11.5 20.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 118
Time to start a business (days) .. 27 47
Procedures to start a business (number) .. 15 8
Firing cost (weeks of wages) .. 95.0 37.4
Closing a business (years to resolve insolvency) .. 2.8 2.9
Total tax rate (% of profit) .. 108.1 44.3
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) 7.2 7.5 10.8
New business density (new regis. per working-age pop.) 0.6 0.6 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 13.8
Firms expected to give gifts in meetings w/tax officials (%) .. 4.3
Firms using banks to finance investments (% of firms) .. 6.9
Delay in obtaining an electrical connection (days) .. 45.9
ISO certification ownership (% of firms) .. 26.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 4,863 2,620 82,923
Private foreign direct investment, net (% of GDP) 3.7 3.0 3.6
Gross fixed capital formation (% of GDP) 16.2 23.3 21.9
Gross fixed private capital formation (% of GDP) 15.2 20.4 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –5.7 –0.5 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 33.7 20.3 51.2
Total financial system deposits (% of GDP) 27.2 18.5 39.9
Bank capital to asset ratio (%) .. 12.9 9.4
Bank nonperforming loans to total gross loans ratio (%) 16.0 2.7 3.6
Domestic credit to the private sector (% of GDP) 23.9 13.7 44.6
Real interest rate (%) 9.9 0.3
Interest rate spread (percentage points) 2.7 8.4 6.2

Infrastructure
Paved roads (% of total roads) 29.4 30.0 41.8
Electric power consumption (kWh per capita) 2,085 2,659 3,052
Power outages in a typical month (number) .. 1.0
Mobile cellular subscriptions (per 100 people) 17.6 116.6 95.3
Internet users (per 100 people) 7.0 28.1 30.6

The Little Data Book on Private Sector Development 2010 25


Armenia
Europe & Central Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.1 3.1 3,703
Labor force (millions) 1.5 1.6 1,728
Unemployment rate (% of labor force) 11.7 9.6 5.5
GNI per capita, World Bank Atlas method ($) 660 3,350 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.1 12.4 8.3
Agriculture value added (% of GDP) 25.5 17.8 13.4
Industry value added (% of GDP) 35.4 45.0 41.1
Manufacturing value added (% of GDP) 24.1 14.7 26.6
Services value added (% of GDP) 39.0 37.2 45.5
Inflation (annual % change in consumer price index) –0.8 8.9
Exchange rate (local currency units per $) 539.5 306.0
Exports of goods and services (% of GDP) 23.4 14.7 35.4
Imports of goods and services (% of GDP) 50.5 39.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 43
Time to start a business (days) .. 15 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 13.0 58.6
Closing a business (years to resolve insolvency) .. 1.9 3.3
Total tax rate (% of profit) .. 36.2 40.1
Highest marginal tax rate, corporate (%) .. 20
Business entry rate (new registrations as % of total) 4.9 6.8 8.8
New business density (new regis. per working-age pop.) 1.2 1.9 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 1.9 10.3
Firms expected to give gifts in meetings w/tax officials (%) 33.7 13.3
Firms using banks to finance investments (% of firms) 5.3 31.9
Delay in obtaining an electrical connection (days) 2.3 16.3
ISO certification ownership (% of firms) 12.6 26.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 33 686 31,715
Private foreign direct investment, net (% of GDP) 5.5 7.8 3.4
Gross fixed capital formation (% of GDP) 18.4 40.0 34.5
Gross fixed private capital formation (% of GDP) 15.9 35.2 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.5 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 10.5 11.9 98.1
Total financial system deposits (% of GDP) 7.6 10.0 48.0
Bank capital to asset ratio (%) 14.3 23.0 10.2
Bank nonperforming loans to total gross loans ratio (%) 17.5 4.4 4.4
Domestic credit to the private sector (% of GDP) 9.9 17.4 82.6
Real interest rate (%) 33.4 8.0
Interest rate spread (percentage points) 13.5 10.4 6.6

Infrastructure
Paved roads (% of total roads) 96.8 89.8 37.6
Electric power consumption (kWh per capita) 1,295 1,692 1,310
Power outages in a typical month (number) .. 2.2
Mobile cellular subscriptions (per 100 people) 0.6 100.0 47.0
Internet users (per 100 people) 1.3 6.2 13.9

26 2010 The Little Data Book on Private Sector Development


Aruba
High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.09 0.11 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 7.5 .. 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) 4.0 9.0
Exchange rate (local currency units per $) 1.8 1.8
Exports of goods and services (% of GDP) 69.9 .. 28.1
Imports of goods and services (% of GDP) 91.2 .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. 28
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) –6.5 .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 44.5 57.3 99.4
Total financial system deposits (% of GDP) 47.3 53.5 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 45.2 57.0 155.9
Real interest rate (%) 7.7 9.8
Interest rate spread (percentage points) 5.9 7.6 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 16.5 114.6 106.1
Internet users (per 100 people) 15.4 22.8 69.1

The Little Data Book on Private Sector Development 2010 27


Australia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 19.2 21.4 1,069
Labor force (millions) 9.6 11.3 502
Unemployment rate (% of labor force) 6.3 4.2 5.9
GNI per capita, World Bank Atlas method ($) 20,710 40,240 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 3.3 2.3
Agriculture value added (% of GDP) 3.5 2.5 1.5
Industry value added (% of GDP) 26.9 29.1 25.7
Manufacturing value added (% of GDP) 13.2 10.5 16.8
Services value added (% of GDP) 69.6 68.4 72.8
Inflation (annual % change in consumer price index) 4.5 4.4
Exchange rate (local currency units per $) 1.7 1.2
Exports of goods and services (% of GDP) 19.9 20.7 28.1
Imports of goods and services (% of GDP) 21.9 22.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 9
Time to start a business (days) .. 2 19
Procedures to start a business (number) .. 2 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 1.0 2.1
Total tax rate (% of profit) .. 48.0 39.2
Highest marginal tax rate, corporate (%) 36 30
Business entry rate (new registrations as % of total) .. 14.0 11.5
New business density (new regis. per working-age pop.) .. 6.5 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 3.4 4.7 2.8
Gross fixed capital formation (% of GDP) 24.8 28.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.9 1.5 –1.0
Government debt (% of GDP) 28.4 19.4 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 6.9 4.2 6.3
Bank nonperforming loans to total gross loans ratio (%) 0.5 0.5 1.9
Domestic credit to the private sector (% of GDP) 84.2 121.5 155.9
Real interest rate (%) 7.1 4.3
Interest rate spread (percentage points) 5.1 3.7 3.9

Infrastructure
Paved roads (% of total roads) 38.7 .. 87.0
Electric power consumption (kWh per capita) 10,055 11,249 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 44.7 103.2 106.1
Internet users (per 100 people) 46.8 70.8 69.1

28 2010 The Little Data Book on Private Sector Development


Austria High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.0 8.3 1,069
Labor force (millions) 3.9 4.3 502
Unemployment rate (% of labor force) 4.7 3.8 5.9
GNI per capita, World Bank Atlas method ($) 25,830 45,900 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 2.2 2.3
Agriculture value added (% of GDP) 2.0 1.9 1.5
Industry value added (% of GDP) 30.8 30.9 25.7
Manufacturing value added (% of GDP) 20.6 20.1 16.8
Services value added (% of GDP) 67.2 67.2 72.8
Inflation (annual % change in consumer price index) 2.4 3.2
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 46.4 58.8 28.1
Imports of goods and services (% of GDP) 44.7 53.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 28
Time to start a business (days) .. 28 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 2.0 39.3
Closing a business (years to resolve insolvency) .. 1.1 2.1
Total tax rate (% of profit) .. 55.5 39.2
Highest marginal tax rate, corporate (%) 34 25
Business entry rate (new registrations as % of total) 5.2 4.6 11.5
New business density (new regis. per working-age pop.) 0.6 0.6 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 4.5 3.5 2.8
Gross fixed capital formation (% of GDP) 24.0 22.4 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –2.0 –0.7 –1.0
Government debt (% of GDP) 65.9 64.5 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 5.2 6.3 6.3
Bank nonperforming loans to total gross loans ratio (%) 2.4 2.0 1.9
Domestic credit to the private sector (% of GDP) 103.1 119.1 155.9
Real interest rate (%) 5.2 ..
Interest rate spread (percentage points) 3.4 .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 7,109 8,033 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 76.4 129.7 106.1
Internet users (per 100 people) 33.7 71.2 69.1

The Little Data Book on Private Sector Development 2010 29


Azerbaijan
Europe & Central Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.0 8.7 3,703
Labor force (millions) 3.5 4.1 1,728
Unemployment rate (% of labor force) 16.3 6.5 5.5
GNI per capita, World Bank Atlas method ($) 610 3,830 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.3 18.1 8.3
Agriculture value added (% of GDP) 17.1 6.3 13.4
Industry value added (% of GDP) 45.3 69.9 41.1
Manufacturing value added (% of GDP) 5.6 4.5 26.6
Services value added (% of GDP) 37.5 23.8 45.5
Inflation (annual % change in consumer price index) 1.9 53.4
Exchange rate (local currency units per $) 0.9 0.8
Exports of goods and services (% of GDP) 39.0 69.5 35.4
Imports of goods and services (% of GDP) 38.4 24.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 38
Time to start a business (days) .. 10 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 22.0 58.6
Closing a business (years to resolve insolvency) .. 2.7 3.3
Total tax rate (% of profit) .. 40.9 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 6.8 7.1 8.8
New business density (new regis. per working-age pop.) 0.7 0.9 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 3.0 3.0
Firms expected to give gifts in meetings w/tax officials (%) 61.1 43.2
Firms using banks to finance investments (% of firms) 4.6 19.0
Delay in obtaining an electrical connection (days) 6.0 9.7
ISO certification ownership (% of firms) 12.1 18.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 61 474 31,715
Private foreign direct investment, net (% of GDP) 2.5 0.0 3.4
Gross fixed capital formation (% of GDP) 23.1 20.1 34.5
Gross fixed private capital formation (% of GDP) 20.1 5.2 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –4.7 0.4 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 10.3 14.3 98.1
Total financial system deposits (% of GDP) 7.5 10.2 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 28.0 .. 4.4
Domestic credit to the private sector (% of GDP) 5.9 16.5 82.6
Real interest rate (%) 6.4 –1.0
Interest rate spread (percentage points) 6.8 7.5 6.6

Infrastructure
Paved roads (% of total roads) 92.3 49.4 37.6
Electric power consumption (kWh per capita) 2,040 2,394 1,310
Power outages in a typical month (number) .. 2.9
Mobile cellular subscriptions (per 100 people) 5.2 75.4 47.0
Internet users (per 100 people) 0.1 28.2 13.9

30 2010 The Little Data Book on Private Sector Development


Bahamas, The High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.30 0.34 1,069
Labor force (millions) 0.16 0.18 502
Unemployment rate (% of labor force) 6.9 7.9 5.9
GNI per capita, World Bank Atlas method ($) 17,040 21,390 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.5 1.3 2.3
Agriculture value added (% of GDP) 2.0 1.6 1.5
Industry value added (% of GDP) 19.3 19.7 25.7
Manufacturing value added (% of GDP) 5.4 4.5 16.8
Services value added (% of GDP) 78.7 78.7 72.8
Inflation (annual % change in consumer price index) 1.6 4.5
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) 43.3 45.3 28.1
Imports of goods and services (% of GDP) 51.9 68.1 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 68
Time to start a business (days) .. 31 19
Procedures to start a business (number) .. 7 6
Firing cost (weeks of wages) .. 26.0 39.3
Closing a business (years to resolve insolvency) .. 5.0 2.1
Total tax rate (% of profit) .. 47.0 39.2
Highest marginal tax rate, corporate (%) 0 0
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 4.5 9.9 2.8
Gross fixed capital formation (% of GDP) 33.8 37.8 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.4 –1.7 –1.0
Government debt (% of GDP) 27.4 36.4 43.4
Deposit money banks’ assets (% of GDP) 68.2 90.2 99.4
Total financial system deposits (% of GDP) 58.5 71.2 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 65.5 86.0 155.9
Real interest rate (%) 3.0 3.1
Interest rate spread (percentage points) 1.9 1.6 3.9

Infrastructure
Paved roads (% of total roads) 57.4 .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 10.3 106.0 106.1
Internet users (per 100 people) 4.3 31.5 69.1

The Little Data Book on Private Sector Development 2010 31


Bahrain High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.65 0.78 1,069
Labor force (millions) 0.30 0.36 502
Unemployment rate (% of labor force) 5.5 .. 5.9
GNI per capita, World Bank Atlas method ($) 10,740 25,420 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.3 6.6 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) –0.7 3.5
Exchange rate (local currency units per $) 0.4 0.4
Exports of goods and services (% of GDP) 89.4 96.8 28.1
Imports of goods and services (% of GDP) 64.4 74.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 20
Time to start a business (days) .. 9 19
Procedures to start a business (number) .. 7 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 2.5 2.1
Total tax rate (% of profit) .. 15.0 39.2
Highest marginal tax rate, corporate (%) 0 0
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 4.6 8.2 2.8
Gross fixed capital formation (% of GDP) 13.5 31.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 8.5 6.4 –1.0
Government debt (% of GDP) 29.3 14.7 43.4
Deposit money banks’ assets (% of GDP) 55.6 .. 99.4
Total financial system deposits (% of GDP) 63.6 .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 54.8 119.2 155.9
Real interest rate (%) –2.3 0.8
Interest rate spread (percentage points) 5.9 3.9 3.9

Infrastructure
Paved roads (% of total roads) 77.6 79.1 87.0
Electric power consumption (kWh per capita) 8,831 14,153 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 31.6 185.8 106.1
Internet users (per 100 people) 6.2 51.9 69.1

32 2010 The Little Data Book on Private Sector Development


South Asia
Bangladesh Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 140.8 160.0 976
Labor force (millions) 62.8 76.8 441
Unemployment rate (% of labor force) 3.3 4.3 ..
GNI per capita, World Bank Atlas method ($) 350 520 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.2 5.8 5.8
Agriculture value added (% of GDP) 25.5 19.0 25.0
Industry value added (% of GDP) 25.3 28.5 28.5
Manufacturing value added (% of GDP) 15.2 17.8 14.3
Services value added (% of GDP) 49.2 52.5 46.5
Inflation (annual % change in consumer price index) 2.2 8.9
Exchange rate (local currency units per $) 52.1 68.6
Exports of goods and services (% of GDP) 14.0 20.3 33.9
Imports of goods and services (% of GDP) 19.2 28.8 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 119
Time to start a business (days) .. 44 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 104.0 68.7
Closing a business (years to resolve insolvency) .. 4.0 3.8
Total tax rate (% of profit) .. 35.0 74.4
Highest marginal tax rate, corporate (%) 35 30
Business entry rate (new registrations as % of total) 5.7 7.9 18.2
New business density (new regis. per working-age pop.) 0.0 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 3.7 3.2
Firms expected to give gifts in meetings w/tax officials (%) 85.8 54.4
Firms using banks to finance investments (% of firms) 56.5 24.7
Delay in obtaining an electrical connection (days) 79.6 50.3
ISO certification ownership (% of firms) .. 7.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 93 927 7,503
Private foreign direct investment, net (% of GDP) 0.6 1.2 5.1
Gross fixed capital formation (% of GDP) 23.0 24.2 26.0
Gross fixed private capital formation (% of GDP) 15.6 19.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –0.7 –1.0 ..
Government debt (% of GDP) 36.2 36.2 ..
Deposit money banks’ assets (% of GDP) 30.0 51.8 40.6
Total financial system deposits (% of GDP) 27.2 49.6 26.3
Bank capital to asset ratio (%) 3.5 6.5 ..
Bank nonperforming loans to total gross loans ratio (%) 34.9 11.2 ..
Domestic credit to the private sector (% of GDP) 24.7 39.2 36.5
Real interest rate (%) 13.4 7.0
Interest rate spread (percentage points) 6.9 6.7 10.8

Infrastructure
Paved roads (% of total roads) 9.5 9.5 12.1
Electric power consumption (kWh per capita) 95 144 324
Power outages in a typical month (number) .. 101.6
Mobile cellular subscriptions (per 100 people) 0.2 27.9 28.5
Internet users (per 100 people) 0.1 0.3 4.6

The Little Data Book on Private Sector Development 2010 33


Barbados High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.25 0.26 1,069
Labor force (millions) 0.14 0.15 502
Unemployment rate (% of labor force) 9.3 9.8 5.9
GNI per capita, World Bank Atlas method ($) 9,110 .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.7 .. 2.3
Agriculture value added (% of GDP) 4.3 3.8 1.5
Industry value added (% of GDP) 16.3 18.4 25.7
Manufacturing value added (% of GDP) 6.4 7.3 16.8
Services value added (% of GDP) 79.4 77.9 72.8
Inflation (annual % change in consumer price index) 2.4 8.1
Exchange rate (local currency units per $) 2.0 2.0
Exports of goods and services (% of GDP) 50.5 60.0 28.1
Imports of goods and services (% of GDP) 57.0 64.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) 40 25
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.8 6.8 2.8
Gross fixed capital formation (% of GDP) 18.4 22.5 20.7
Gross fixed private capital formation (% of GDP) 16.2 24.0 ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. –9.3 –1.0
Government debt (% of GDP) .. 91.6 43.4
Deposit money banks’ assets (% of GDP) 74.3 86.1 99.4
Total financial system deposits (% of GDP) 67.6 88.8 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 65.5 94.6 155.9
Real interest rate (%) 9.4 ..
Interest rate spread (percentage points) 5.2 5.6 3.9

Infrastructure
Paved roads (% of total roads) 98.6 100.0 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 11.3 159.1 106.1
Internet users (per 100 people) 4.0 73.7 69.1

34 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Belarus
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.0 9.7 949
Labor force (millions) 4.8 4.9 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) 1,380 5,360 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.7 8.6 4.6
Agriculture value added (% of GDP) 14.2 9.8 6.1
Industry value added (% of GDP) 39.2 44.4 33.7
Manufacturing value added (% of GDP) 31.6 32.9 17.3
Services value added (% of GDP) 46.7 45.8 60.2
Inflation (annual % change in consumer price index) 168.6 14.8
Exchange rate (local currency units per $) 876.8 2,136.4
Exports of goods and services (% of GDP) 69.2 61.8 27.8
Imports of goods and services (% of GDP) 72.4 69.2 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 58
Time to start a business (days) .. 6 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 22.0 37.4
Closing a business (years to resolve insolvency) .. 5.8 2.9
Total tax rate (% of profit) .. 99.7 44.3
Highest marginal tax rate, corporate (%) .. 24
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 6.2 13.6
Firms expected to give gifts in meetings w/tax officials (%) 34.5 6.4
Firms using banks to finance investments (% of firms) 11.4 35.8
Delay in obtaining an electrical connection (days) 14.7 15.2
ISO certification ownership (% of firms) 10.6 13.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 39 1,134 82,923
Private foreign direct investment, net (% of GDP) 0.9 3.6 3.6
Gross fixed capital formation (% of GDP) 25.2 32.7 21.9
Gross fixed private capital formation (% of GDP) 22.7 24.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) 0.1 2.4 ..
Government debt (% of GDP) 15.0 10.7 ..
Deposit money banks’ assets (% of GDP) 11.3 29.5 51.2
Total financial system deposits (% of GDP) 9.3 17.7 39.9
Bank capital to asset ratio (%) 15.1 17.4 9.4
Bank nonperforming loans to total gross loans ratio (%) 10.8 0.6 3.6
Domestic credit to the private sector (% of GDP) 8.9 28.8 44.6
Real interest rate (%) –41.2 –9.9
Interest rate spread (percentage points) 30.1 0.0 6.2

Infrastructure
Paved roads (% of total roads) 95.6 88.6 41.8
Electric power consumption (kWh per capita) 2,989 3,345 3,052
Power outages in a typical month (number) .. 1.4
Mobile cellular subscriptions (per 100 people) 0.5 84.0 95.3
Internet users (per 100 people) 1.9 32.1 30.6

The Little Data Book on Private Sector Development 2010 35


Belgium High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.3 10.7 1,069
Labor force (millions) 4.4 4.8 502
Unemployment rate (% of labor force) 6.6 7.0 5.9
GNI per capita, World Bank Atlas method ($) 25,360 44,570 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.7 2.0 2.3
Agriculture value added (% of GDP) 1.4 0.8 1.5
Industry value added (% of GDP) 27.0 23.2 25.7
Manufacturing value added (% of GDP) 19.3 16.4 16.8
Services value added (% of GDP) 71.6 76.1 72.8
Inflation (annual % change in consumer price index) 2.5 4.5
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 84.6 92.1 28.1
Imports of goods and services (% of GDP) 81.7 92.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 22
Time to start a business (days) .. 4 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 16.0 39.3
Closing a business (years to resolve insolvency) .. 0.9 2.1
Total tax rate (% of profit) .. 57.3 39.2
Highest marginal tax rate, corporate (%) 40 34
Business entry rate (new registrations as % of total) 7.6 7.9 11.5
New business density (new regis. per working-age pop.) 3.3 4.1 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 92.7 19.8 2.8
Gross fixed capital formation (% of GDP) 20.8 22.7 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.0 –1.1 –1.0
Government debt (% of GDP) 107.0 88.0 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 2.8 3.3 6.3
Bank nonperforming loans to total gross loans ratio (%) 2.8 1.7 1.9
Domestic credit to the private sector (% of GDP) 78.1 94.5 155.9
Real interest rate (%) 6.0 6.0
Interest rate spread (percentage points) 4.4 5.2 3.9

Infrastructure
Paved roads (% of total roads) 78.2 78.2 87.0
Electric power consumption (kWh per capita) 8,247 8,614 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 54.9 110.4 106.1
Internet users (per 100 people) 29.3 68.1 69.1

36 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Belize
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.25 0.32 3,703
Labor force (millions) 0.09 0.13 1,728
Unemployment rate (% of labor force) 9.1 8.2 5.5
GNI per capita, World Bank Atlas method ($) 3,110 3,740 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.8 4.7 8.3
Agriculture value added (% of GDP) 16.7 12.2 13.4
Industry value added (% of GDP) 21.2 22.8 41.1
Manufacturing value added (% of GDP) 10.9 14.3 26.6
Services value added (% of GDP) 62.1 65.1 45.5
Inflation (annual % change in consumer price index) 0.6 6.4
Exchange rate (local currency units per $) 2.0 2.0
Exports of goods and services (% of GDP) 53.0 62.1 35.4
Imports of goods and services (% of GDP) 73.7 70.0 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 80
Time to start a business (days) .. 44 34
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 24.0 58.6
Closing a business (years to resolve insolvency) .. 1.0 3.3
Total tax rate (% of profit) .. 28.9 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 18 75 31,715
Private foreign direct investment, net (% of GDP) 2.8 14.0 3.4
Gross fixed capital formation (% of GDP) 28.7 25.5 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.9 .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 52.8 63.2 82.6
Real interest rate (%) 15.5 11.3
Interest rate spread (percentage points) 8.3 5.7 6.6

Infrastructure
Paved roads (% of total roads) 17.0 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 6.7 49.7 47.0
Internet users (per 100 people) 6.0 10.6 13.9

The Little Data Book on Private Sector Development 2010 37


Benin
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.7 8.7 976
Labor force (millions) 2.7 3.6 441
Unemployment rate (% of labor force) 0.7 .. ..
GNI per capita, World Bank Atlas method ($) 360 700 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.3 3.9 5.8
Agriculture value added (% of GDP) 36.5 32.2 25.0
Industry value added (% of GDP) 13.9 13.4 28.5
Manufacturing value added (% of GDP) 8.8 7.5 14.3
Services value added (% of GDP) 49.6 54.4 46.5
Inflation (annual % change in consumer price index) 4.2 7.9
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 15.2 15.2 33.9
Imports of goods and services (% of GDP) 28.1 28.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 172
Time to start a business (days) .. 31 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 36.0 68.7
Closing a business (years to resolve insolvency) .. 4.0 3.8
Total tax rate (% of profit) .. 73.3 74.4
Highest marginal tax rate, corporate (%) .. 38
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 20.7
Firms expected to give gifts in meetings w/tax officials (%) .. 26.8
Firms using banks to finance investments (% of firms) .. 4.2
Delay in obtaining an electrical connection (days) .. 86.8
ISO certification ownership (% of firms) .. 7.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 90 51 7,503
Private foreign direct investment, net (% of GDP) 2.6 1.8 5.1
Gross fixed capital formation (% of GDP) 18.9 20.7 26.0
Gross fixed private capital formation (% of GDP) 11.3 14.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) 0.7 –0.3 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 12.2 17.7 40.6
Total financial system deposits (% of GDP) 14.2 19.0 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 12.1 20.9 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 20.0 9.5 12.1
Electric power consumption (kWh per capita) 60 72 324
Power outages in a typical month (number) .. 13.9
Mobile cellular subscriptions (per 100 people) 0.8 39.7 28.5
Internet users (per 100 people) 0.2 1.8 4.6

38 2010 The Little Data Book on Private Sector Development


Bermuda High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.06 0.06 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 2.7 .. 5.9
GNI per capita, World Bank Atlas method ($) 32,760 .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.6 4.2 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 20.9 123.1 106.1
Internet users (per 100 people) 43.5 79.4 69.1

The Little Data Book on Private Sector Development 2010 39


Bhutan
South Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.56 0.69 3,703
Labor force (millions) 0.18 0.29 1,728
Unemployment rate (% of labor force) .. 3.2 5.5
GNI per capita, World Bank Atlas method ($) 730 1,900 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.2 8.6 8.3
Agriculture value added (% of GDP) 28.4 18.7 13.4
Industry value added (% of GDP) 35.3 46.1 41.1
Manufacturing value added (% of GDP) 8.5 6.5 26.6
Services value added (% of GDP) 36.3 35.2 45.5
Inflation (annual % change in consumer price index) 4.0 8.4
Exchange rate (local currency units per $) 44.9 43.5
Exports of goods and services (% of GDP) 30.5 55.9 35.4
Imports of goods and services (% of GDP) 51.3 51.1 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 126
Time to start a business (days) .. 46 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 10.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 40.6 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 16.0
Firms expected to give gifts in meetings w/tax officials (%) .. 2.5
Firms using banks to finance investments (% of firms) .. 64.2
Delay in obtaining an electrical connection (days) .. 14.8
ISO certification ownership (% of firms) .. 5.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 18 31,715
Private foreign direct investment, net (% of GDP) 0.0 2.3 3.4
Gross fixed capital formation (% of GDP) 50.6 46.4 34.5
Gross fixed private capital formation (% of GDP) 38.6 35.3 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.5 2.1 –1.5
Government debt (% of GDP) 40.2 77.7 ..
Deposit money banks’ assets (% of GDP) 11.1 15.7 98.1
Total financial system deposits (% of GDP) 44.2 39.7 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 9.1 25.6 82.6
Real interest rate (%) 10.8 9.0
Interest rate spread (percentage points) 7.8 9.5 6.6

Infrastructure
Paved roads (% of total roads) 60.7 62.0 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 3.1
Mobile cellular subscriptions (per 100 people) 0.0 36.5 47.0
Internet users (per 100 people) 0.4 6.6 13.9

40 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Bolivia
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.3 9.7 3,703
Labor force (millions) 3.6 4.4 1,728
Unemployment rate (% of labor force) 4.8 .. 5.5
GNI per capita, World Bank Atlas method ($) 1,000 1,460 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 4.1 8.3
Agriculture value added (% of GDP) 15.0 13.5 13.4
Industry value added (% of GDP) 29.8 38.4 41.1
Manufacturing value added (% of GDP) 15.3 14.4 26.6
Services value added (% of GDP) 55.2 48.2 45.5
Inflation (annual % change in consumer price index) 4.6 14.0
Exchange rate (local currency units per $) 6.2 7.2
Exports of goods and services (% of GDP) 18.3 44.9 35.4
Imports of goods and services (% of GDP) 27.3 38.0 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 161
Time to start a business (days) .. 50 34
Procedures to start a business (number) .. 15 9
Firing cost (weeks of wages) .. ..a 58.6
Closing a business (years to resolve insolvency) .. 1.8 3.3
Total tax rate (% of profit) .. 80.0 40.1
Highest marginal tax rate, corporate (%) 25 25
Business entry rate (new registrations as % of total) 9.1 6.6 8.8
New business density (new regis. per working-age pop.) 0.4 0.3 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 13.5
Firms expected to give gifts in meetings w/tax officials (%) .. 19.6
Firms using banks to finance investments (% of firms) .. 22.2
Delay in obtaining an electrical connection (days) .. 15.2
ISO certification ownership (% of firms) .. 13.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 323 86 31,715
Private foreign direct investment, net (% of GDP) 8.8 3.1 3.4
Gross fixed capital formation (% of GDP) 17.9 17.2 34.5
Gross fixed private capital formation (% of GDP) 12.8 7.5 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –8.7 1.2 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 61.8 35.1 98.1
Total financial system deposits (% of GDP) 45.9 34.9 48.0
Bank capital to asset ratio (%) 9.8 9.3 10.2
Bank nonperforming loans to total gross loans ratio (%) 10.3 4.3 4.4
Domestic credit to the private sector (% of GDP) 58.7 34.7 82.6
Real interest rate (%) 27.9 3.2
Interest rate spread (percentage points) 23.6 9.2 6.6

Infrastructure
Paved roads (% of total roads) 6.6 7.0 37.6
Electric power consumption (kWh per capita) 421 515 1,310
Power outages in a typical month (number) .. 0.8
Mobile cellular subscriptions (per 100 people) 7.0 49.8 47.0
Internet users (per 100 people) 1.4 10.8 13.9
a. Laws ban dismissing workers on economic grounds.
The Little Data Book on Private Sector Development 2010 41
Bosnia and Herzegovina
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.7 3.8 949
Labor force (millions) 1.8 1.9 432
Unemployment rate (% of labor force) .. 29.0 8.0
GNI per capita, World Bank Atlas method ($) 1,500 4,520 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 25.2 5.4 4.6
Agriculture value added (% of GDP) 11.0 9.1 6.1
Industry value added (% of GDP) 23.9 28.5 33.7
Manufacturing value added (% of GDP) 10.5 14.1 17.3
Services value added (% of GDP) 65.1 62.4 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 2.1 1.3
Exports of goods and services (% of GDP) 29.6 36.8 27.8
Imports of goods and services (% of GDP) 77.9 69.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 116
Time to start a business (days) .. 60 47
Procedures to start a business (number) .. 12 8
Firing cost (weeks of wages) .. 31.0 37.4
Closing a business (years to resolve insolvency) .. 3.3 2.9
Total tax rate (% of profit) .. 27.1 44.3
Highest marginal tax rate, corporate (%) .. 10
Business entry rate (new registrations as % of total) 7.5 1.3 10.8
New business density (new regis. per working-age pop.) 0.9 0.1 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 7.8 11.2
Firms expected to give gifts in meetings w/tax officials (%) 65.2 1.5
Firms using banks to finance investments (% of firms) 25.8 59.7
Delay in obtaining an electrical connection (days) 4.3 50.2
ISO certification ownership (% of firms) 13.9 30.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 12 82,923
Private foreign direct investment, net (% of GDP) 2.7 5.7 3.6
Gross fixed capital formation (% of GDP) 21.2 24.4 21.9
Gross fixed private capital formation (% of GDP) 10.0 18.7 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.5 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) 20.1 13.1 9.4
Bank nonperforming loans to total gross loans ratio (%) 9.9 3.1 3.6
Domestic credit to the private sector (% of GDP) 38.5 57.8 44.6
Real interest rate (%) 4.5 –0.7
Interest rate spread (percentage points) 15.8 3.5 6.2

Infrastructure
Paved roads (% of total roads) 52.3 52.3 41.8
Electric power consumption (kWh per capita) 2,062 2,381 3,052
Power outages in a typical month (number) .. 3.2
Mobile cellular subscriptions (per 100 people) 2.5 84.3 95.3
Internet users (per 100 people) 1.1 34.7 30.6

42 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Botswana
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.7 1.9 949
Labor force (millions) 0.80 0.97 432
Unemployment rate (% of labor force) 15.8 17.6 8.0
GNI per capita, World Bank Atlas method ($) 3,330 6,640 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 8.6 4.5 4.6
Agriculture value added (% of GDP) 2.4 1.9 6.1
Industry value added (% of GDP) 58.9 52.9 33.7
Manufacturing value added (% of GDP) 4.4 3.5 17.3
Services value added (% of GDP) 38.6 45.2 60.2
Inflation (annual % change in consumer price index) 8.6 12.7
Exchange rate (local currency units per $) 5.1 6.8
Exports of goods and services (% of GDP) 52.6 46.2 27.8
Imports of goods and services (% of GDP) 33.7 38.8 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 45
Time to start a business (days) .. 61 47
Procedures to start a business (number) .. 10 8
Firing cost (weeks of wages) .. 90.0 37.4
Closing a business (years to resolve insolvency) .. 1.7 2.9
Total tax rate (% of profit) .. 17.1 44.3
Highest marginal tax rate, corporate (%) 25 25
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) 0.0 0.0 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.0
Firms expected to give gifts in meetings w/tax officials (%) .. 4.5
Firms using banks to finance investments (% of firms) .. 11.3
Delay in obtaining an electrical connection (days) .. 25.5
ISO certification ownership (% of firms) .. 12.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 17 52 82,923
Private foreign direct investment, net (% of GDP) 0.9 0.8 3.6
Gross fixed capital formation (% of GDP) 21.7 23.4 21.9
Gross fixed private capital formation (% of GDP) 11.6 16.2 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 15.8 23.6 51.2
Total financial system deposits (% of GDP) 23.9 43.9 39.9
Bank capital to asset ratio (%) 10.3 .. 9.4
Bank nonperforming loans to total gross loans ratio (%) 1.7 .. 3.6
Domestic credit to the private sector (% of GDP) 13.8 21.1 44.6
Real interest rate (%) 3.1 –0.4
Interest rate spread (percentage points) 6.1 7.9 6.2

Infrastructure
Paved roads (% of total roads) 35.3 32.6 41.8
Electric power consumption (kWh per capita) 924 1,435 3,052
Power outages in a typical month (number) .. 1.7
Mobile cellular subscriptions (per 100 people) 12.9 77.3 95.3
Internet users (per 100 people) 2.9 6.2 30.6

The Little Data Book on Private Sector Development 2010 43


Brazil
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 174.2 192.0 949
Labor force (millions) 83.4 99.9 432
Unemployment rate (% of labor force) 9.3 7.9 8.0
GNI per capita, World Bank Atlas method ($) 3,870 7,300 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.7 3.6 4.6
Agriculture value added (% of GDP) 5.6 6.7 6.1
Industry value added (% of GDP) 27.7 28.0 33.7
Manufacturing value added (% of GDP) 17.2 16.0 17.3
Services value added (% of GDP) 66.7 65.3 60.2
Inflation (annual % change in consumer price index) 7.0 5.7
Exchange rate (local currency units per $) 1.8 1.8
Exports of goods and services (% of GDP) 10.0 14.3 27.8
Imports of goods and services (% of GDP) 11.7 14.2 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 129
Time to start a business (days) .. 120 47
Procedures to start a business (number) .. 16 8
Firing cost (weeks of wages) .. 46.0 37.4
Closing a business (years to resolve insolvency) .. 4.0 2.9
Total tax rate (% of profit) .. 69.2 44.3
Highest marginal tax rate, corporate (%) 37 34
Business entry rate (new registrations as % of total) 11.2 8.7 10.8
New business density (new regis. per working-age pop.) 4.0 4.1 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 18.7
Firms expected to give gifts in meetings w/tax officials (%) .. 16.4
Firms using banks to finance investments (% of firms) .. 48.4
Delay in obtaining an electrical connection (days) .. 36.8
ISO certification ownership (% of firms) .. 25.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 21,327 23,422 82,923
Private foreign direct investment, net (% of GDP) 5.1 2.9 3.6
Gross fixed capital formation (% of GDP) 16.8 19.0 21.9
Gross fixed private capital formation (% of GDP) .. 15.2 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.3 ..
Government debt (% of GDP) .. 60.9 ..
Deposit money banks’ assets (% of GDP) 62.9 81.5 51.2
Total financial system deposits (% of GDP) 40.5 58.4 39.9
Bank capital to asset ratio (%) 12.1 9.1 9.4
Bank nonperforming loans to total gross loans ratio (%) 8.3 3.1 3.6
Domestic credit to the private sector (% of GDP) 33.0 55.7 44.6
Real interest rate (%) 47.7 39.1
Interest rate spread (percentage points) 39.6 35.6 6.2

Infrastructure
Paved roads (% of total roads) 5.5 .. 41.8
Electric power consumption (kWh per capita) 1,894 2,171 3,052
Power outages in a typical month (number) .. 2.7
Mobile cellular subscriptions (per 100 people) 13.3 78.5 95.3
Internet users (per 100 people) 2.9 37.5 30.6

44 2010 The Little Data Book on Private Sector Development


Brunei Darussalam High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.33 0.39 1,069
Labor force (millions) 0.15 0.19 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) 14,670 27,050 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.0 2.1 2.3
Agriculture value added (% of GDP) 1.0 0.7 1.5
Industry value added (% of GDP) 63.7 71.0 25.7
Manufacturing value added (% of GDP) 15.4 10.4 16.8
Services value added (% of GDP) 35.3 28.3 72.8
Inflation (annual % change in consumer price index) 1.6 0.1
Exchange rate (local currency units per $) 1.7 1.4
Exports of goods and services (% of GDP) 67.4 67.7 28.1
Imports of goods and services (% of GDP) 35.8 27.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 96
Time to start a business (days) .. 116 19
Procedures to start a business (number) .. 18 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 2.5 2.1
Total tax rate (% of profit) .. 30.3 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 1.3 0.8 2.8
Gross fixed capital formation (% of GDP) 13.0 13.0 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 73.4 60.2 99.4
Total financial system deposits (% of GDP) 105.4 82.5 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 50.3 37.2 155.9
Real interest rate (%) –18.2 4.5
Interest rate spread (percentage points) .. 4.6 3.9

Infrastructure
Paved roads (% of total roads) 34.7 77.2 87.0
Electric power consumption (kWh per capita) 7,539 8,393 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 28.5 95.8 106.1
Internet users (per 100 people) 9.0 55.3 69.1

The Little Data Book on Private Sector Development 2010 45


Bulgaria
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.1 7.6 949
Labor force (millions) 3.6 3.7 432
Unemployment rate (% of labor force) 17.1 5.7 8.0
GNI per capita, World Bank Atlas method ($) 1,600 5,490 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.4 5.8 4.6
Agriculture value added (% of GDP) 14.2 7.3 6.1
Industry value added (% of GDP) 30.7 30.5 33.7
Manufacturing value added (% of GDP) 18.1 15.1 17.3
Services value added (% of GDP) 55.1 62.2 60.2
Inflation (annual % change in consumer price index) 10.3 12.3
Exchange rate (local currency units per $) 2.1 1.3
Exports of goods and services (% of GDP) 55.7 60.5 27.8
Imports of goods and services (% of GDP) 61.1 83.3 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 44
Time to start a business (days) .. 18 47
Procedures to start a business (number) .. 4 8
Firing cost (weeks of wages) .. 9.0 37.4
Closing a business (years to resolve insolvency) .. 3.3 2.9
Total tax rate (% of profit) .. 31.4 44.3
Highest marginal tax rate, corporate (%) .. 10
Business entry rate (new registrations as % of total) 15.4 15.7 10.8
New business density (new regis. per working-age pop.) 4.7 9.8 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 2.6 10.6
Firms expected to give gifts in meetings w/tax officials (%) 53.4 6.6
Firms using banks to finance investments (% of firms) 19.2 34.7
Delay in obtaining an electrical connection (days) 5.0 44.8
ISO certification ownership (% of firms) 14.7 19.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 157 1,017 82,923
Private foreign direct investment, net (% of GDP) 7.9 18.4 3.6
Gross fixed capital formation (% of GDP) 15.7 33.4 21.9
Gross fixed private capital formation (% of GDP) 11.6 26.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –0.4 3.2 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 16.0 58.4 51.2
Total financial system deposits (% of GDP) 21.5 53.6 39.9
Bank capital to asset ratio (%) 15.3 8.5 9.4
Bank nonperforming loans to total gross loans ratio (%) 17.3 2.4 3.6
Domestic credit to the private sector (% of GDP) 12.6 74.5 44.6
Real interest rate (%) 4.4 –0.5
Interest rate spread (percentage points) 8.2 6.4 6.2

Infrastructure
Paved roads (% of total roads) 92.1 98.4 41.8
Electric power consumption (kWh per capita) 3,724 4,456 3,052
Power outages in a typical month (number) .. 3.7
Mobile cellular subscriptions (per 100 people) 9.2 137.7 95.3
Internet users (per 100 people) 5.3 34.7 30.6

46 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Burkina Faso Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 11.7 15.2 976
Labor force (millions) 5.2 6.9 441
Unemployment rate (% of labor force) 2.4 .. ..
GNI per capita, World Bank Atlas method ($) 250 480 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.8 5.6 5.8
Agriculture value added (% of GDP) 29.0 33.3 25.0
Industry value added (% of GDP) 24.4 22.4 28.5
Manufacturing value added (% of GDP) 16.2 13.6 14.3
Services value added (% of GDP) 46.6 44.4 46.5
Inflation (annual % change in consumer price index) –0.3 10.7
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 9.1 11.5 33.9
Imports of goods and services (% of GDP) 25.2 26.8 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 147
Time to start a business (days) .. 14 44
Procedures to start a business (number) .. 4 9
Firing cost (weeks of wages) .. 34.0 68.7
Closing a business (years to resolve insolvency) .. 4.0 3.8
Total tax rate (% of profit) .. 44.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) 0.0 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 22.2
Firms expected to give gifts in meetings w/tax officials (%) .. 6.7
Firms using banks to finance investments (% of firms) .. 25.6
Delay in obtaining an electrical connection (days) .. 23.1
ISO certification ownership (% of firms) .. 14.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 27 109 7,503
Private foreign direct investment, net (% of GDP) 0.9 1.7 5.1
Gross fixed capital formation (% of GDP) 18.7 20.8 26.0
Gross fixed private capital formation (% of GDP) 11.0 11.1 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –4.2 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 12.1 16.9 40.6
Total financial system deposits (% of GDP) 12.3 15.0 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 11.7 18.6 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 16.0 4.2 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 10.8
Mobile cellular subscriptions (per 100 people) 0.2 16.8 28.5
Internet users (per 100 people) 0.1 0.9 4.6

The Little Data Book on Private Sector Development 2010 47


Burundi
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.5 8.1 976
Labor force (millions) 3.1 4.4 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 120 140 523
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.7 2.9 5.8
Agriculture value added (% of GDP) 40.4 34.8 25.0
Industry value added (% of GDP) 18.8 20.0 28.5
Manufacturing value added (% of GDP) 8.7 8.8 14.3
Services value added (% of GDP) 40.8 45.1 46.5
Inflation (annual % change in consumer price index) 24.3 24.1
Exchange rate (local currency units per $) 720.7 1,185.7
Exports of goods and services (% of GDP) 7.8 10.7 33.9
Imports of goods and services (% of GDP) 19.9 47.0 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 176
Time to start a business (days) .. 32 44
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 26.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 278.6 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.7
Firms expected to give gifts in meetings w/tax officials (%) .. 22.6
Firms using banks to finance investments (% of firms) .. 12.3
Delay in obtaining an electrical connection (days) .. 24.1
ISO certification ownership (% of firms) .. 7.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 36 6 7,503
Private foreign direct investment, net (% of GDP) 1.6 0.3 5.1
Gross fixed capital formation (% of GDP) 6.1 16.4 26.0
Gross fixed private capital formation (% of GDP) 0.8 1.7 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –2.4 .. ..
Government debt (% of GDP) 162.6 .. ..
Deposit money banks’ assets (% of GDP) 19.2 23.6 40.6
Total financial system deposits (% of GDP) 13.3 26.9 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 25.0 21.5 36.5
Real interest rate (%) 2.3 –6.4
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 7.1 10.4 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 12.0
Mobile cellular subscriptions (per 100 people) 0.3 6.0 28.5
Internet users (per 100 people) 0.1 0.8 4.6

48 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Cambodia Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 12.8 14.6 976
Labor force (millions) 5.9 7.5 441
Unemployment rate (% of labor force) 2.5 7.1 ..
GNI per capita, World Bank Atlas method ($) 280 640 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.3 9.8 5.8
Agriculture value added (% of GDP) 37.8 34.6 25.0
Industry value added (% of GDP) 23.0 23.9 28.5
Manufacturing value added (% of GDP) 16.9 16.4 14.3
Services value added (% of GDP) 39.1 41.5 46.5
Inflation (annual % change in consumer price index) –0.8 25.0
Exchange rate (local currency units per $) 3,840.8 4,054.2
Exports of goods and services (% of GDP) 49.8 65.3 33.9
Imports of goods and services (% of GDP) 61.8 72.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 145
Time to start a business (days) .. 85 44
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 39.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 22.7 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.6
Firms expected to give gifts in meetings w/tax officials (%) .. 60.3
Firms using banks to finance investments (% of firms) .. 11.3
Delay in obtaining an electrical connection (days) .. 15.5
ISO certification ownership (% of firms) .. 2.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2 84 7,503
Private foreign direct investment, net (% of GDP) 4.1 7.9 5.1
Gross fixed capital formation (% of GDP) 18.3 19.4 26.0
Gross fixed private capital formation (% of GDP) 11.9 14.1 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –3.4 –1.7 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 5.9 14.0 40.6
Total financial system deposits (% of GDP) 8.1 20.6 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 6.4 23.5 36.5
Real interest rate (%) 21.2 11.2
Interest rate spread (percentage points) 10.5 14.6 10.8

Infrastructure
Paved roads (% of total roads) 7.5 6.3 12.1
Electric power consumption (kWh per capita) 29 94 324
Power outages in a typical month (number) .. 27.0
Mobile cellular subscriptions (per 100 people) 1.0 29.1 28.5
Internet users (per 100 people) 0.0 0.5 4.6

The Little Data Book on Private Sector Development 2010 49


Cameroon
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 15.9 19.1 3,703
Labor force (millions) 6.0 7.5 1,728
Unemployment rate (% of labor force) 7.5 .. 5.5
GNI per capita, World Bank Atlas method ($) 620 1,150 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.8 3.5 8.3
Agriculture value added (% of GDP) 22.1 19.5 13.4
Industry value added (% of GDP) 36.0 30.6 41.1
Manufacturing value added (% of GDP) 20.8 16.5 26.6
Services value added (% of GDP) 41.8 49.9 45.5
Inflation (annual % change in consumer price index) 1.2 5.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 23.3 29.6 35.4
Imports of goods and services (% of GDP) 19.7 29.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 171
Time to start a business (days) .. 34 34
Procedures to start a business (number) .. 12 9
Firing cost (weeks of wages) .. 33.0 58.6
Closing a business (years to resolve insolvency) .. 3.2 3.3
Total tax rate (% of profit) .. 50.5 40.1
Highest marginal tax rate, corporate (%) 39 ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.0
Firms expected to give gifts in meetings w/tax officials (%) .. 30.8
Firms using banks to finance investments (% of firms) .. 31.4
Delay in obtaining an electrical connection (days) .. 17.6
ISO certification ownership (% of firms) .. 20.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 95 211 31,715
Private foreign direct investment, net (% of GDP) 1.6 0.2 3.4
Gross fixed capital formation (% of GDP) 16.0 17.1 34.5
Gross fixed private capital formation (% of GDP) 13.9 14.7 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) 0.1 .. –1.5
Government debt (% of GDP) 91.7 .. ..
Deposit money banks’ assets (% of GDP) 11.4 11.5 98.1
Total financial system deposits (% of GDP) 10.1 14.0 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 8.2 10.4 82.6
Real interest rate (%) 18.6 12.7
Interest rate spread (percentage points) 17.0 10.8 6.6

Infrastructure
Paved roads (% of total roads) 8.1 8.4 37.6
Electric power consumption (kWh per capita) 171 265 1,310
Power outages in a typical month (number) .. 10.5
Mobile cellular subscriptions (per 100 people) 0.7 32.3 47.0
Internet users (per 100 people) 0.3 3.8 13.9

50 2010 The Little Data Book on Private Sector Development


Canada High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 30.8 33.3 1,069
Labor force (millions) 16.3 18.7 502
Unemployment rate (% of labor force) 6.8 6.1 5.9
GNI per capita, World Bank Atlas method ($) 22,130 43,640 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.3 2.5 2.3
Agriculture value added (% of GDP) 2.3 2.2 1.5
Industry value added (% of GDP) 33.2 31.7 25.7
Manufacturing value added (% of GDP) 19.2 16.2 16.8
Services value added (% of GDP) 64.5 66.1 72.8
Inflation (annual % change in consumer price index) 2.7 2.4
Exchange rate (local currency units per $) 1.5 1.1
Exports of goods and services (% of GDP) 45.6 34.7 28.1
Imports of goods and services (% of GDP) 39.8 32.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 8
Time to start a business (days) .. 5 19
Procedures to start a business (number) .. 1 6
Firing cost (weeks of wages) .. 28.0 39.3
Closing a business (years to resolve insolvency) .. 0.8 2.1
Total tax rate (% of profit) .. 43.6 39.2
Highest marginal tax rate, corporate (%) 45 34
Business entry rate (new registrations as % of total) 6.9 8.3 11.5
New business density (new regis. per working-age pop.) 4.6 9.1 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 9.1 3.0 2.8
Gross fixed capital formation (% of GDP) 19.2 22.6 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.4 1.6 –1.0
Government debt (% of GDP) 59.9 45.2 43.4
Deposit money banks’ assets (% of GDP) 83.6 140.7 99.4
Total financial system deposits (% of GDP) 67.8 116.3 ..
Bank capital to asset ratio (%) 4.7 5.1 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.3 1.1 1.9
Domestic credit to the private sector (% of GDP) 95.7 128.4 155.9
Real interest rate (%) 3.0 0.8
Interest rate spread (percentage points) 3.8 3.2 3.9

Infrastructure
Paved roads (% of total roads) .. 39.9 87.0
Electric power consumption (kWh per capita) 16,991 16,995 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 28.4 66.3 106.1
Internet users (per 100 people) 42.2 75.3 69.1

The Little Data Book on Private Sector Development 2010 51


Cape Verde
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.44 0.50 3,703
Labor force (millions) 0.16 0.21 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 1,310 2,800 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.6 5.3 8.3
Agriculture value added (% of GDP) 12.0 8.8 13.4
Industry value added (% of GDP) 17.9 18.1 41.1
Manufacturing value added (% of GDP) 9.3 6.9 26.6
Services value added (% of GDP) 70.2 73.1 45.5
Inflation (annual % change in consumer price index) –2.5 6.8
Exchange rate (local currency units per $) 119.7 75.3
Exports of goods and services (% of GDP) 27.5 21.7 35.4
Imports of goods and services (% of GDP) 61.4 59.4 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 146
Time to start a business (days) .. 24 34
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 93.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 49.7 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.3
Firms expected to give gifts in meetings w/tax officials (%) .. 1.1
Firms using banks to finance investments (% of firms) .. 35.3
Delay in obtaining an electrical connection (days) .. 30.5
ISO certification ownership (% of firms) .. 15.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 5 31,715
Private foreign direct investment, net (% of GDP) 6.3 13.3 3.4
Gross fixed capital formation (% of GDP) 19.7 46.6 34.5
Gross fixed private capital formation (% of GDP) 7.2 36.6 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. 2.4 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 46.9 57.1 98.1
Total financial system deposits (% of GDP) 50.5 65.0 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 40.7 58.8 82.6
Real interest rate (%) 13.3 3.3
Interest rate spread (percentage points) 7.6 6.2 6.6

Infrastructure
Paved roads (% of total roads) 69.0 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 4.9
Mobile cellular subscriptions (per 100 people) 4.5 55.7 47.0
Internet users (per 100 people) 1.8 20.6 13.9

52 2010 The Little Data Book on Private Sector Development


Cayman Islands High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.04 0.05 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 7.5 3.8 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 0.8 0.8
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) 0 0
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 26.6 84.0 106.1
Internet users (per 100 people) .. 42.4 69.1

The Little Data Book on Private Sector Development 2010 53


Central African Republic
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.7 4.3 976
Labor force (millions) 1.7 2.0 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 270 410 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 0.5 5.8
Agriculture value added (% of GDP) 53.1 52.9 25.0
Industry value added (% of GDP) 15.8 14.2 28.5
Manufacturing value added (% of GDP) 7.0 7.6 14.3
Services value added (% of GDP) 31.0 32.9 46.5
Inflation (annual % change in consumer price index) 3.2 9.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 19.8 10.8 33.9
Imports of goods and services (% of GDP) 24.1 23.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 183
Time to start a business (days) .. 22 44
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 22.0 68.7
Closing a business (years to resolve insolvency) .. 4.8 3.8
Total tax rate (% of profit) .. 203.8 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 3 7,503
Private foreign direct investment, net (% of GDP) 0.1 6.1 5.1
Gross fixed capital formation (% of GDP) 9.5 11.6 26.0
Gross fixed private capital formation (% of GDP) 4.8 7.1 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.5 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 7.6 8.8 40.6
Total financial system deposits (% of GDP) 3.9 4.7 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 4.5 7.0 36.5
Real interest rate (%) 18.3 12.2
Interest rate spread (percentage points) 17.0 10.8 10.8

Infrastructure
Paved roads (% of total roads) 2.7 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.1 3.5 28.5
Internet users (per 100 people) 0.1 0.4 4.6

54 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Chad
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.4 10.9 976
Labor force (millions) 3.3 4.2 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 180 540 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.1 11.9 5.8
Agriculture value added (% of GDP) 42.3 13.6 25.0
Industry value added (% of GDP) 11.3 48.8 28.5
Manufacturing value added (% of GDP) 8.9 6.6 14.3
Services value added (% of GDP) 46.3 37.5 46.5
Inflation (annual % change in consumer price index) 3.8 10.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 16.9 54.1 33.9
Imports of goods and services (% of GDP) 34.7 49.6 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 178
Time to start a business (days) .. 75 44
Procedures to start a business (number) .. 19 9
Firing cost (weeks of wages) .. 36.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 60.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 20.8
Firms expected to give gifts in meetings w/tax officials (%) .. 21.2
Firms using banks to finance investments (% of firms) .. 4.2
Delay in obtaining an electrical connection (days) .. 10.6
ISO certification ownership (% of firms) .. 43.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 99 7,503
Private foreign direct investment, net (% of GDP) 8.3 9.9 5.1
Gross fixed capital formation (% of GDP) 20.9 14.1 26.0
Gross fixed private capital formation (% of GDP) 10.5 6.2 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 5.3 4.8 40.6
Total financial system deposits (% of GDP) 3.6 3.9 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 3.5 3.7 36.5
Real interest rate (%) 15.9 9.4
Interest rate spread (percentage points) 17.0 10.8 10.8

Infrastructure
Paved roads (% of total roads) 0.8 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 22.6
Mobile cellular subscriptions (per 100 people) 0.1 16.6 28.5
Internet users (per 100 people) 0.0 1.2 4.6

The Little Data Book on Private Sector Development 2010 55


Channel Islands High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.15 0.15 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) 43,010 68,610 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 0.5 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 106.1
Internet users (per 100 people) .. .. 69.1

56 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Chile
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 15.4 16.8 949
Labor force (millions) 6.1 7.7 432
Unemployment rate (% of labor force) 8.3 7.8 8.0
GNI per capita, World Bank Atlas method ($) 4,840 9,370 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.8 4.4 4.6
Agriculture value added (% of GDP) 6.1 3.9 6.1
Industry value added (% of GDP) 38.4 43.8 33.7
Manufacturing value added (% of GDP) 19.5 13.5 17.3
Services value added (% of GDP) 55.5 52.3 60.2
Inflation (annual % change in consumer price index) 3.8 8.7
Exchange rate (local currency units per $) 539.6 522.5
Exports of goods and services (% of GDP) 31.6 45.1 27.8
Imports of goods and services (% of GDP) 29.7 41.0 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 49
Time to start a business (days) .. 27 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 52.0 37.4
Closing a business (years to resolve insolvency) .. 4.5 2.9
Total tax rate (% of profit) .. 25.3 44.3
Highest marginal tax rate, corporate (%) 15 17
Business entry rate (new registrations as % of total) 12.3 11.2 10.8
New business density (new regis. per working-age pop.) 2.3 2.3 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.0
Firms expected to give gifts in meetings w/tax officials (%) .. 7.6
Firms using banks to finance investments (% of firms) .. 29.1
Delay in obtaining an electrical connection (days) .. 22.9
ISO certification ownership (% of firms) .. 22.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2,051 1,695 82,923
Private foreign direct investment, net (% of GDP) 6.5 9.9 3.6
Gross fixed capital formation (% of GDP) 20.7 24.0 21.9
Gross fixed private capital formation (% of GDP) .. 18.2 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –0.7 4.8 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 60.5 67.0 51.2
Total financial system deposits (% of GDP) 48.7 48.9 39.9
Bank capital to asset ratio (%) 7.5 6.9 9.4
Bank nonperforming loans to total gross loans ratio (%) 1.7 1.0 3.6
Domestic credit to the private sector (% of GDP) 73.6 97.7 44.6
Real interest rate (%) 9.8 13.0
Interest rate spread (percentage points) 5.6 5.8 6.2

Infrastructure
Paved roads (% of total roads) 18.4 .. 41.8
Electric power consumption (kWh per capita) 2,487 3,318 3,052
Power outages in a typical month (number) .. 1.7
Mobile cellular subscriptions (per 100 people) 22.1 88.1 95.3
Internet users (per 100 people) 16.6 32.5 30.6

The Little Data Book on Private Sector Development 2010 57


China
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1,262.6 1,324.7 3,703
Labor force (millions) 726.0 776.9 1,728
Unemployment rate (% of labor force) 3.1 4.2 5.5
GNI per capita, World Bank Atlas method ($) 930 2,940 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 8.5 10.4 8.3
Agriculture value added (% of GDP) 15.1 11.3 13.4
Industry value added (% of GDP) 45.9 48.6 41.1
Manufacturing value added (% of GDP) 32.1 34.4 26.6
Services value added (% of GDP) 39.0 40.1 45.5
Inflation (annual % change in consumer price index) 0.3 5.9
Exchange rate (local currency units per $) 8.3 6.9
Exports of goods and services (% of GDP) 23.3 36.6 35.4
Imports of goods and services (% of GDP) 20.9 28.5 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 89
Time to start a business (days) .. 37 34
Procedures to start a business (number) .. 14 9
Firing cost (weeks of wages) .. 91.0 58.6
Closing a business (years to resolve insolvency) .. 1.7 3.3
Total tax rate (% of profit) .. 78.5 40.1
Highest marginal tax rate, corporate (%) 33 25
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 18.3
Firms expected to give gifts in meetings w/tax officials (%) .. 38.7
Firms using banks to finance investments (% of firms) .. 28.8
Delay in obtaining an electrical connection (days) .. 27.8
ISO certification ownership (% of firms) .. 35.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 8,131 1,864 31,715
Private foreign direct investment, net (% of GDP) 3.2 3.4 3.4
Gross fixed capital formation (% of GDP) 34.1 42.0 34.5
Gross fixed private capital formation (% of GDP) 7.5 19.2 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.6 –1.4 –1.5
Government debt (% of GDP) 11.6 .. ..
Deposit money banks’ assets (% of GDP) 114.2 114.8 98.1
Total financial system deposits (% of GDP) 36.0 43.5 48.0
Bank capital to asset ratio (%) 4.1 6.1 10.2
Bank nonperforming loans to total gross loans ratio (%) 22.4 2.4 4.4
Domestic credit to the private sector (% of GDP) 112.3 108.3 82.6
Real interest rate (%) 3.7 –1.8
Interest rate spread (percentage points) 3.6 3.1 6.6

Infrastructure
Paved roads (% of total roads) .. 49.6 37.6
Electric power consumption (kWh per capita) 993 2,332 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 6.8 48.4 47.0
Internet users (per 100 people) 1.8 22.5 13.9

58 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Colombia
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 39.8 45.0 949
Labor force (millions) 15.1 18.6 432
Unemployment rate (% of labor force) 20.5 11.7 8.0
GNI per capita, World Bank Atlas method ($) 2,280 4,620 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.6 4.9 4.6
Agriculture value added (% of GDP) 10.4 8.6 6.1
Industry value added (% of GDP) 29.8 36.5 33.7
Manufacturing value added (% of GDP) 15.4 16.0 17.3
Services value added (% of GDP) 59.9 54.9 60.2
Inflation (annual % change in consumer price index) 9.2 7.0
Exchange rate (local currency units per $) 2,087.9 1,967.7
Exports of goods and services (% of GDP) 17.4 18.2 27.8
Imports of goods and services (% of GDP) 18.9 21.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 37
Time to start a business (days) .. 20 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 59.0 37.4
Closing a business (years to resolve insolvency) .. 3.0 2.9
Total tax rate (% of profit) .. 78.7 44.3
Highest marginal tax rate, corporate (%) 35 33
Business entry rate (new registrations as % of total) 5.4 5.8 10.8
New business density (new regis. per working-age pop.) 0.9 1.0 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 14.3
Firms expected to give gifts in meetings w/tax officials (%) .. 1.1
Firms using banks to finance investments (% of firms) .. 30.6
Delay in obtaining an electrical connection (days) .. 26.4
ISO certification ownership (% of firms) .. 5.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,032 2,718 82,923
Private foreign direct investment, net (% of GDP) 2.5 4.3 3.6
Gross fixed capital formation (% of GDP) 13.2 .. 21.9
Gross fixed private capital formation (% of GDP) 9.8 19.7 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –6.2 –2.1 ..
Government debt (% of GDP) .. 54.3 ..
Deposit money banks’ assets (% of GDP) 33.3 43.9 51.2
Total financial system deposits (% of GDP) 27.1 20.1 39.9
Bank capital to asset ratio (%) 11.2 12.2 9.4
Bank nonperforming loans to total gross loans ratio (%) 11.0 4.0 3.6
Domestic credit to the private sector (% of GDP) 23.8 34.2 44.6
Real interest rate (%) –5.6 8.2
Interest rate spread (percentage points) 6.6 7.4 6.2

Infrastructure
Paved roads (% of total roads) 14.4 .. 41.8
Electric power consumption (kWh per capita) 844 977 3,052
Power outages in a typical month (number) .. 1.0
Mobile cellular subscriptions (per 100 people) 5.7 91.9 95.3
Internet users (per 100 people) 2.2 38.5 30.6

The Little Data Book on Private Sector Development 2010 59


Comoros
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.54 0.64 976
Labor force (millions) 0.25 0.32 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 400 750 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.7 2.0 5.8
Agriculture value added (% of GDP) 48.6 45.8 25.0
Industry value added (% of GDP) 11.5 12.0 28.5
Manufacturing value added (% of GDP) 4.5 4.2 14.3
Services value added (% of GDP) 39.9 42.2 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 534.0 335.9
Exports of goods and services (% of GDP) 16.7 12.8 33.9
Imports of goods and services (% of GDP) 32.5 36.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 162
Time to start a business (days) .. 24 44
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 100.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 41.1 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 0.5 7,503
Private foreign direct investment, net (% of GDP) 0.0 1.5 5.1
Gross fixed capital formation (% of GDP) 10.1 16.1 26.0
Gross fixed private capital formation (% of GDP) 6.2 8.1 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 11.9 11.5 36.5
Real interest rate (%) 7.9 1.4
Interest rate spread (percentage points) 9.0 4.5 10.8

Infrastructure
Paved roads (% of total roads) 76.5 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 15.3 28.5
Internet users (per 100 people) 0.3 3.6 4.6

60 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Congo, Dem. Rep. Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 50.8 64.3 976
Labor force (millions) 18.6 24.0 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 80 150 523
GDP growth, 1995–2000 and 2000–08 (average annual %) –3.8 5.2 5.8
Agriculture value added (% of GDP) 50.0 40.2 25.0
Industry value added (% of GDP) 20.3 28.0 28.5
Manufacturing value added (% of GDP) 4.8 5.5 14.3
Services value added (% of GDP) 29.7 31.8 46.5
Inflation (annual % change in consumer price index) 513.9 17.3
Exchange rate (local currency units per $) 21.8 559.3
Exports of goods and services (% of GDP) 22.4 23.3 33.9
Imports of goods and services (% of GDP) 21.4 38.6 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 182
Time to start a business (days) .. 149 44
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 31.0 68.7
Closing a business (years to resolve insolvency) .. 5.2 3.8
Total tax rate (% of profit) .. 322.0 74.4
Highest marginal tax rate, corporate (%) 40 40
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.3
Firms expected to give gifts in meetings w/tax officials (%) .. 64.4
Firms using banks to finance investments (% of firms) .. 3.3
Delay in obtaining an electrical connection (days) .. 20.5
ISO certification ownership (% of firms) .. 4.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 41 335 7,503
Private foreign direct investment, net (% of GDP) 3.9 8.6 5.1
Gross fixed capital formation (% of GDP) 3.5 23.9 26.0
Gross fixed private capital formation (% of GDP) 3.0 11.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –4.0 .. ..
Government debt (% of GDP) 152.2 .. ..
Deposit money banks’ assets (% of GDP) 0.6 1.7 40.6
Total financial system deposits (% of GDP) 1.7 3.1 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 0.7 7.1 36.5
Real interest rate (%) –57.0 ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) .. 1.8 12.1
Electric power consumption (kWh per capita) 89 97 324
Power outages in a typical month (number) .. 17.5
Mobile cellular subscriptions (per 100 people) .. .. 28.5
Internet users (per 100 people) .. .. 4.6

The Little Data Book on Private Sector Development 2010 61


Congo, Rep.
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.0 3.6 3,703
Labor force (millions) 1.3 1.6 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 580 1,790 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.9 3.9 8.3
Agriculture value added (% of GDP) 5.3 4.1 13.4
Industry value added (% of GDP) 72.2 75.0 41.1
Manufacturing value added (% of GDP) 3.5 3.8 26.6
Services value added (% of GDP) 22.5 20.9 45.5
Inflation (annual % change in consumer price index) –0.9 7.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 80.3 78.7 35.4
Imports of goods and services (% of GDP) 43.6 51.4 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 179
Time to start a business (days) .. 37 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 33.0 58.6
Closing a business (years to resolve insolvency) .. 3.0 3.3
Total tax rate (% of profit) .. 65.5 40.1
Highest marginal tax rate, corporate (%) 45 ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.1 0.1 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.0
Firms expected to give gifts in meetings w/tax officials (%) .. 37.1
Firms using banks to finance investments (% of firms) .. 7.7
Delay in obtaining an electrical connection (days) .. 8.5
ISO certification ownership (% of firms) .. 19.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 35 856 31,715
Private foreign direct investment, net (% of GDP) 5.2 24.5 3.4
Gross fixed capital formation (% of GDP) 20.9 20.5 34.5
Gross fixed private capital formation (% of GDP) 14.0 11.1 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –1.3 9.6 –1.5
Government debt (% of GDP) .. 0.2 ..
Deposit money banks’ assets (% of GDP) 7.2 2.7 98.1
Total financial system deposits (% of GDP) 6.5 8.9 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 4.8 3.5 82.6
Real interest rate (%) –17.0 24.9
Interest rate spread (percentage points) 17.0 10.8 6.6

Infrastructure
Paved roads (% of total roads) 9.7 5.0 37.6
Electric power consumption (kWh per capita) 99 135 1,310
Power outages in a typical month (number) .. 25.3
Mobile cellular subscriptions (per 100 people) 2.3 50.0 47.0
Internet users (per 100 people) 0.0 4.3 13.9

62 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Costa Rica
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.9 4.5 949
Labor force (millions) 1.6 2.1 432
Unemployment rate (% of labor force) 5.2 4.6 8.0
GNI per capita, World Bank Atlas method ($) 3,700 6,060 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.7 5.4 4.6
Agriculture value added (% of GDP) 9.5 7.3 6.1
Industry value added (% of GDP) 32.1 29.0 33.7
Manufacturing value added (% of GDP) 25.3 20.8 17.3
Services value added (% of GDP) 58.5 63.7 60.2
Inflation (annual % change in consumer price index) 11.0 13.4
Exchange rate (local currency units per $) 308.2 526.2
Exports of goods and services (% of GDP) 48.6 45.8 27.8
Imports of goods and services (% of GDP) 45.8 55.2 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 121
Time to start a business (days) .. 60 47
Procedures to start a business (number) .. 12 8
Firing cost (weeks of wages) .. 29.0 37.4
Closing a business (years to resolve insolvency) .. 3.5 2.9
Total tax rate (% of profit) .. 54.8 44.3
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. 10.3 10.8
New business density (new regis. per working-age pop.) .. 3.8 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.6
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. 14.9
Delay in obtaining an electrical connection (days) .. 48.6
ISO certification ownership (% of firms) .. 10.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 161 330 82,923
Private foreign direct investment, net (% of GDP) 2.6 6.8 3.6
Gross fixed capital formation (% of GDP) 17.8 24.2 21.9
Gross fixed private capital formation (% of GDP) 16.3 22.0 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.8 ..
Government debt (% of GDP) 36.2 .. ..
Deposit money banks’ assets (% of GDP) 24.7 42.3 51.2
Total financial system deposits (% of GDP) 12.1 22.2 39.9
Bank capital to asset ratio (%) 10.8 13.3 9.4
Bank nonperforming loans to total gross loans ratio (%) 3.5 1.5 3.6
Domestic credit to the private sector (% of GDP) 24.0 50.8 44.6
Real interest rate (%) 16.7 3.3
Interest rate spread (percentage points) 11.5 11.7 6.2

Infrastructure
Paved roads (% of total roads) 22.0 25.5 41.8
Electric power consumption (kWh per capita) 1,517 1,863 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 5.4 41.7 95.3
Internet users (per 100 people) 5.8 32.3 30.6

The Little Data Book on Private Sector Development 2010 63


Côte d’Ivoire
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 17.3 20.6 3,703
Labor force (millions) 6.7 8.1 1,728
Unemployment rate (% of labor force) 4.1 .. 5.5
GNI per capita, World Bank Atlas method ($) 620 980 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.4 0.5 8.3
Agriculture value added (% of GDP) 24.2 25.0 13.4
Industry value added (% of GDP) 24.9 26.1 41.1
Manufacturing value added (% of GDP) 21.7 18.0 26.6
Services value added (% of GDP) 50.9 48.9 45.5
Inflation (annual % change in consumer price index) 2.5 6.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 40.4 46.5 35.4
Imports of goods and services (% of GDP) 33.3 38.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 168
Time to start a business (days) .. 40 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 49.0 58.6
Closing a business (years to resolve insolvency) .. 2.2 3.3
Total tax rate (% of profit) .. 44.7 40.1
Highest marginal tax rate, corporate (%) 35 25
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 1.8
Firms expected to give gifts in meetings w/tax officials (%) .. 13.6
Firms using banks to finance investments (% of firms) .. 13.9
Delay in obtaining an electrical connection (days) .. 20.9
ISO certification ownership (% of firms) .. 4.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 215 301 31,715
Private foreign direct investment, net (% of GDP) 2.3 1.7 3.4
Gross fixed capital formation (% of GDP) 11.2 10.1 34.5
Gross fixed private capital formation (% of GDP) 8.4 7.1 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.3 –1.5
Government debt (% of GDP) .. 96.4 ..
Deposit money banks’ assets (% of GDP) 19.7 17.7 98.1
Total financial system deposits (% of GDP) 13.9 16.1 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 15.5 16.3 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) 9.7 8.1 37.6
Electric power consumption (kWh per capita) 166 178 1,310
Power outages in a typical month (number) .. 3.8
Mobile cellular subscriptions (per 100 people) 2.7 50.7 47.0
Internet users (per 100 people) 0.2 3.2 13.9

64 2010 The Little Data Book on Private Sector Development


Croatia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.4 4.4 1,069
Labor force (millions) 2.0 2.0 502
Unemployment rate (% of labor force) 16.1 8.4 5.9
GNI per capita, World Bank Atlas method ($) 5,170 13,580 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 4.5 2.3
Agriculture value added (% of GDP) 8.4 6.4 1.5
Industry value added (% of GDP) 28.4 28.4 25.7
Manufacturing value added (% of GDP) 20.3 16.9 16.8
Services value added (% of GDP) 63.2 65.1 72.8
Inflation (annual % change in consumer price index) 4.6 6.1
Exchange rate (local currency units per $) 8.3 4.9
Exports of goods and services (% of GDP) 42.0 41.9 28.1
Imports of goods and services (% of GDP) 45.3 50.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 103
Time to start a business (days) .. 22 19
Procedures to start a business (number) .. 7 6
Firing cost (weeks of wages) .. 39.0 39.3
Closing a business (years to resolve insolvency) .. 3.1 2.1
Total tax rate (% of profit) .. 32.5 39.2
Highest marginal tax rate, corporate (%) 35 20
Business entry rate (new registrations as % of total) 2.0 5.5 11.5
New business density (new regis. per working-age pop.) 1.1 3.7 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 4.6 10.9
Firms expected to give gifts in meetings w/tax officials (%) 43.7 6.0
Firms using banks to finance investments (% of firms) 36.1 60.0
Delay in obtaining an electrical connection (days) .. 42.6
ISO certification ownership (% of firms) 16.3 16.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 746 719 ..
Private foreign direct investment, net (% of GDP) 5.2 6.9 2.8
Gross fixed capital formation (% of GDP) 18.8 27.6 20.7
Gross fixed private capital formation (% of GDP) 14.5 24.1 ..

Finance and banking


Government cash surplus or deficit (% of GDP) –5.3 –1.1 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 43.1 71.0 99.4
Total financial system deposits (% of GDP) 33.0 58.5 ..
Bank capital to asset ratio (%) 11.9 13.5 6.3
Bank nonperforming loans to total gross loans ratio (%) 9.5 4.9 1.9
Domestic credit to the private sector (% of GDP) 32.3 64.9 155.9
Real interest rate (%) 7.2 3.5
Interest rate spread (percentage points) 8.3 7.2 3.9

Infrastructure
Paved roads (% of total roads) 85.4 89.1 87.0
Electric power consumption (kWh per capita) 2,840 3,738 9,753
Power outages in a typical month (number) .. 1.8
Mobile cellular subscriptions (per 100 people) 23.3 132.6 106.1
Internet users (per 100 people) 6.8 50.5 69.1

The Little Data Book on Private Sector Development 2010 65


Cuba
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 11.1 11.2 949
Labor force (millions) 4.8 5.1 432
Unemployment rate (% of labor force) 5.4 1.8 8.0
GNI per capita, World Bank Atlas method ($) .. .. 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 3.4 4.6
Agriculture value added (% of GDP) 6.4 .. 6.1
Industry value added (% of GDP) 47.5 .. 33.7
Manufacturing value added (% of GDP) 38.7 .. 17.3
Services value added (% of GDP) 46.1 .. 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) 16.0 .. 27.8
Imports of goods and services (% of GDP) 18.7 .. 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 47
Procedures to start a business (number) .. .. 8
Firing cost (weeks of wages) .. .. 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. .. 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 600 60 82,923
Private foreign direct investment, net (% of GDP) .. .. 3.6
Gross fixed capital formation (% of GDP) 10.4 .. 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) .. .. 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) 49.0 .. 41.8
Electric power consumption (kWh per capita) 1,142 1,309 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.1 3.0 95.3
Internet users (per 100 people) 0.5 12.9 30.6

66 2010 The Little Data Book on Private Sector Development


Cyprus High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.79 0.86 1,069
Labor force (millions) 0.36 0.44 502
Unemployment rate (% of labor force) 4.8 3.7 5.9
GNI per capita, World Bank Atlas method ($) 13,440 26,940 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.9 3.5 2.3
Agriculture value added (% of GDP) 3.6 2.1 1.5
Industry value added (% of GDP) 19.1 19.6 25.7
Manufacturing value added (% of GDP) 9.9 7.6 16.8
Services value added (% of GDP) 77.3 78.3 72.8
Inflation (annual % change in consumer price index) 4.1 4.7
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 55.4 47.1 28.1
Imports of goods and services (% of GDP) 54.5 58.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 40
Time to start a business (days) .. 8 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 64.0 39.3
Closing a business (years to resolve insolvency) .. 1.5 2.1
Total tax rate (% of profit) .. 28.8 39.2
Highest marginal tax rate, corporate (%) 28 10
Business entry rate (new registrations as % of total) 9.7 10.5 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 9.2 15.5 2.8
Gross fixed capital formation (% of GDP) 17.0 23.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –5.5 0.8 –1.0
Government debt (% of GDP) 91.4 162.0 43.4
Deposit money banks’ assets (% of GDP) 170.3 204.8 99.4
Total financial system deposits (% of GDP) 153.3 190.7 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 211.8 257.3 155.9
Real interest rate (%) 4.0 3.2
Interest rate spread (percentage points) 1.5 3.3 3.9

Infrastructure
Paved roads (% of total roads) 60.6 64.0 87.0
Electric power consumption (kWh per capita) 4,045 5,441 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 27.8 117.9 106.1
Internet users (per 100 people) 15.3 38.8 69.1

The Little Data Book on Private Sector Development 2010 67


Czech Republic High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.3 10.4 1,069
Labor force (millions) 5.1 5.2 502
Unemployment rate (% of labor force) 8.8 4.4 5.9
GNI per capita, World Bank Atlas method ($) 5,800 16,650 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.0 4.6 2.3
Agriculture value added (% of GDP) 3.9 2.5 1.5
Industry value added (% of GDP) 38.1 37.6 25.7
Manufacturing value added (% of GDP) 26.8 24.7 16.8
Services value added (% of GDP) 58.0 59.9 72.8
Inflation (annual % change in consumer price index) 3.9 6.4
Exchange rate (local currency units per $) 38.6 17.1
Exports of goods and services (% of GDP) 63.4 77.1 28.1
Imports of goods and services (% of GDP) 66.4 72.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 74
Time to start a business (days) .. 15 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 22.0 39.3
Closing a business (years to resolve insolvency) .. 6.5 2.1
Total tax rate (% of profit) .. 47.2 39.2
Highest marginal tax rate, corporate (%) 31 21
Business entry rate (new registrations as % of total) .. 6.7 11.5
New business density (new regis. per working-age pop.) .. 2.3 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 1.7 10.4
Firms expected to give gifts in meetings w/tax officials (%) 35.9 0.2
Firms using banks to finance investments (% of firms) 20.4 33.4
Delay in obtaining an electrical connection (days) 0.0 50.2
ISO certification ownership (% of firms) 16.5 43.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 8.8 5.0 2.8
Gross fixed capital formation (% of GDP) 28.0 23.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –3.6 –1.5 –1.0
Government debt (% of GDP) 13.7 26.6 43.4
Deposit money banks’ assets (% of GDP) 53.9 55.7 99.4
Total financial system deposits (% of GDP) 54.2 60.5 ..
Bank capital to asset ratio (%) 5.4 5.7 6.3
Bank nonperforming loans to total gross loans ratio (%) 29.3 3.3 1.9
Domestic credit to the private sector (% of GDP) 49.0 52.8 155.9
Real interest rate (%) 5.6 4.3
Interest rate spread (percentage points) 3.7 4.6 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 5,694 6,496 9,753
Power outages in a typical month (number) .. 2.1
Mobile cellular subscriptions (per 100 people) 42.3 132.2 106.1
Internet users (per 100 people) 9.7 57.8 69.1

68 2010 The Little Data Book on Private Sector Development


Denmark High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.3 5.5 1,069
Labor force (millions) 2.9 3.0 502
Unemployment rate (% of labor force) 4.5 3.3 5.9
GNI per capita, World Bank Atlas method ($) 31,840 58,800 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.8 1.6 2.3
Agriculture value added (% of GDP) 2.6 1.3 1.5
Industry value added (% of GDP) 26.8 26.1 25.7
Manufacturing value added (% of GDP) 16.2 15.0 16.8
Services value added (% of GDP) 70.6 72.6 72.8
Inflation (annual % change in consumer price index) 2.9 3.4
Exchange rate (local currency units per $) 8.1 5.1
Exports of goods and services (% of GDP) 46.6 54.7 28.1
Imports of goods and services (% of GDP) 40.5 52.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 6
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 4 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. 1.1 2.1
Total tax rate (% of profit) .. 29.2 39.2
Highest marginal tax rate, corporate (%) 32 25
Business entry rate (new registrations as % of total) 13.8 14.4 11.5
New business density (new regis. per working-age pop.) 4.3 8.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 22.5 0.9 2.8
Gross fixed capital formation (% of GDP) 20.2 21.5 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.7 4.8 –1.0
Government debt (% of GDP) 50.1 24.1 43.4
Deposit money banks’ assets (% of GDP) 91.8 219.2 99.4
Total financial system deposits (% of GDP) 48.1 67.8 ..
Bank capital to asset ratio (%) 6.2 5.7 6.3
Bank nonperforming loans to total gross loans ratio (%) 0.7 0.3 1.9
Domestic credit to the private sector (% of GDP) 135.3 218.0 155.9
Real interest rate (%) 4.9 ..
Interest rate spread (percentage points) 4.9 .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 6,484 6,670 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 63.0 124.9 106.1
Internet users (per 100 people) 39.2 83.3 69.1

The Little Data Book on Private Sector Development 2010 69


Djibouti
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.73 0.85 3,703
Labor force (millions) 0.30 0.38 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 760 1,130 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.2 3.5 8.3
Agriculture value added (% of GDP) 3.5 3.9 13.4
Industry value added (% of GDP) 15.4 16.9 41.1
Manufacturing value added (% of GDP) 2.6 2.5 26.6
Services value added (% of GDP) 81.1 79.3 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 177.7 177.7
Exports of goods and services (% of GDP) 35.1 59.2 35.4
Imports of goods and services (% of GDP) 50.4 80.0 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 163
Time to start a business (days) .. 37 34
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 56.0 58.6
Closing a business (years to resolve insolvency) .. 5.0 3.3
Total tax rate (% of profit) .. 38.7 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 50 300 31,715
Private foreign direct investment, net (% of GDP) 0.6 28.9 3.4
Gross fixed capital formation (% of GDP) 8.8 38.9 34.5
Gross fixed private capital formation (% of GDP) 6.1 26.2 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 32.1 27.8 82.6
Real interest rate (%) 9.5 8.2
Interest rate spread (percentage points) 8.6 8.1 6.6

Infrastructure
Paved roads (% of total roads) 45.0 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 13.3 47.0
Internet users (per 100 people) 0.2 2.3 13.9

70 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Dominica
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.07 0.07 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) 11.0 .. 8.0
GNI per capita, World Bank Atlas method ($) 3,200 4,750 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 2.6 4.6
Agriculture value added (% of GDP) 18.1 17.2 6.1
Industry value added (% of GDP) 23.5 23.6 33.7
Manufacturing value added (% of GDP) 8.8 4.8 17.3
Services value added (% of GDP) 58.4 59.3 60.2
Inflation (annual % change in consumer price index) 0.9 5.1
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 53.3 40.2 27.8
Imports of goods and services (% of GDP) 67.5 69.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 83
Time to start a business (days) .. 14 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 58.0 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. 37.0 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 19 5 82,923
Private foreign direct investment, net (% of GDP) 6.5 14.6 3.6
Gross fixed capital formation (% of GDP) 28.1 32.7 21.9
Gross fixed private capital formation (% of GDP) 8.1 6.9 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 76.6 69.1 51.2
Total financial system deposits (% of GDP) 69.8 91.5 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 62.0 62.8 44.6
Real interest rate (%) 11.0 8.6
Interest rate spread (percentage points) 7.8 5.9 6.2

Infrastructure
Paved roads (% of total roads) 50.4 .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.7 136.6 95.3
Internet users (per 100 people) 8.4 37.6 30.6

The Little Data Book on Private Sector Development 2010 71


Dominican Republic
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.8 10.0 949
Labor force (millions) 3.7 4.4 432
Unemployment rate (% of labor force) 14.2 15.6 8.0
GNI per capita, World Bank Atlas method ($) 2,550 4,330 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.0 5.4 4.6
Agriculture value added (% of GDP) 7.2 6.5 6.1
Industry value added (% of GDP) 35.9 33.3 33.7
Manufacturing value added (% of GDP) 26.1 24.0 17.3
Services value added (% of GDP) 56.8 60.1 60.2
Inflation (annual % change in consumer price index) 7.7 10.6
Exchange rate (local currency units per $) 16.4 34.6
Exports of goods and services (% of GDP) 37.0 25.9 27.8
Imports of goods and services (% of GDP) 45.9 39.1 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 86
Time to start a business (days) .. 19 47
Procedures to start a business (number) .. 8 8
Firing cost (weeks of wages) .. 88.0 37.4
Closing a business (years to resolve insolvency) .. 3.5 2.9
Total tax rate (% of profit) .. 39.0 44.3
Highest marginal tax rate, corporate (%) 25 25
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 8.8
Firms expected to give gifts in meetings w/tax officials (%) .. 17.3
Firms using banks to finance investments (% of firms) .. 12.5
Delay in obtaining an electrical connection (days) .. 30.2
ISO certification ownership (% of firms) .. 9.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,076 33 82,923
Private foreign direct investment, net (% of GDP) 4.0 6.3 3.6
Gross fixed capital formation (% of GDP) 20.5 18.2 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. 0.3 ..
Government debt (% of GDP) 16.7 .. ..
Deposit money banks’ assets (% of GDP) 28.0 20.9 51.2
Total financial system deposits (% of GDP) 22.8 18.8 39.9
Bank capital to asset ratio (%) 9.4 9.7 9.4
Bank nonperforming loans to total gross loans ratio (%) 2.6 3.5 3.6
Domestic credit to the private sector (% of GDP) 36.8 20.9 44.6
Real interest rate (%) 18.6 9.2
Interest rate spread (percentage points) 9.1 9.6 6.2

Infrastructure
Paved roads (% of total roads) 49.4 .. 41.8
Electric power consumption (kWh per capita) 709 1,378 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 8.0 72.4 95.3
Internet users (per 100 people) 3.7 21.6 30.6

72 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Ecuador
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 12.3 13.5 3,703
Labor force (millions) 4.8 5.7 1,728
Unemployment rate (% of labor force) 9.0 6.9 5.5
GNI per capita, World Bank Atlas method ($) 1,340 3,690 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.7 5.0 8.3
Agriculture value added (% of GDP) .. 6.7 13.4
Industry value added (% of GDP) .. 40.6 41.1
Manufacturing value added (% of GDP) .. 9.7 26.6
Services value added (% of GDP) .. 52.7 45.5
Inflation (annual % change in consumer price index) 96.1 8.4
Exchange rate (local currency units per $) 11,786.8 ..
Exports of goods and services (% of GDP) 37.1 37.8 35.4
Imports of goods and services (% of GDP) 31.0 37.7 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 138
Time to start a business (days) .. 64 34
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 135.0 58.6
Closing a business (years to resolve insolvency) .. 5.3 3.3
Total tax rate (% of profit) .. 34.9 40.1
Highest marginal tax rate, corporate (%) 25 25
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. 0.4 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 17.3
Firms expected to give gifts in meetings w/tax officials (%) .. 11.3
Firms using banks to finance investments (% of firms) .. 24.0
Delay in obtaining an electrical connection (days) .. 23.3
ISO certification ownership (% of firms) .. 18.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 20 1,062 31,715
Private foreign direct investment, net (% of GDP) 4.5 1.8 3.4
Gross fixed capital formation (% of GDP) 20.5 23.8 34.5
Gross fixed private capital formation (% of GDP) 15.6 10.8 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) 12.9 8.8 10.2
Bank nonperforming loans to total gross loans ratio (%) 31.0 2.5 4.4
Domestic credit to the private sector (% of GDP) 32.6 26.1 82.6
Real interest rate (%) 26.0 4.8
Interest rate spread (percentage points) 8.3 7.1 6.6

Infrastructure
Paved roads (% of total roads) 18.9 14.8 37.6
Electric power consumption (kWh per capita) 654 788 1,310
Power outages in a typical month (number) .. 2.5
Mobile cellular subscriptions (per 100 people) 3.9 85.6 47.0
Internet users (per 100 people) 1.5 28.8 13.9

The Little Data Book on Private Sector Development 2010 73


Egypt, Arab Rep.
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 70.2 81.5 3,703
Labor force (millions) 21.7 26.3 1,728
Unemployment rate (% of labor force) 9.0 8.7 5.5
GNI per capita, World Bank Atlas method ($) 1,390 1,800 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.2 4.7 8.3
Agriculture value added (% of GDP) 16.7 13.2 13.4
Industry value added (% of GDP) 33.1 37.5 41.1
Manufacturing value added (% of GDP) 19.4 15.7 26.6
Services value added (% of GDP) 50.1 49.2 45.5
Inflation (annual % change in consumer price index) 2.7 18.3
Exchange rate (local currency units per $) 3.5 5.4
Exports of goods and services (% of GDP) 16.2 33.2 35.4
Imports of goods and services (% of GDP) 22.8 38.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 106
Time to start a business (days) .. 7 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 132.0 58.6
Closing a business (years to resolve insolvency) .. 4.2 3.3
Total tax rate (% of profit) .. 43.0 40.1
Highest marginal tax rate, corporate (%) .. 20
Business entry rate (new registrations as % of total) .. 2.6 8.8
New business density (new regis. per working-age pop.) .. 0.2 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 8.8
Firms expected to give gifts in meetings w/tax officials (%) .. 5.3
Firms using banks to finance investments (% of firms) .. 5.6
Delay in obtaining an electrical connection (days) .. 92.4
ISO certification ownership (% of firms) .. 21.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 864 2,054 31,715
Private foreign direct investment, net (% of GDP) 1.2 5.9 3.4
Gross fixed capital formation (% of GDP) 18.9 22.4 34.5
Gross fixed private capital formation (% of GDP) 9.1 14.5 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –6.7 –6.4 –1.5
Government debt (% of GDP) 37.4 .. ..
Deposit money banks’ assets (% of GDP) 74.3 68.8 98.1
Total financial system deposits (% of GDP) 63.9 81.3 48.0
Bank capital to asset ratio (%) 5.6 5.3 10.2
Bank nonperforming loans to total gross loans ratio (%) 13.6 14.8 4.4
Domestic credit to the private sector (% of GDP) 58.7 42.9 82.6
Real interest rate (%) 7.9 0.4
Interest rate spread (percentage points) 3.8 5.7 6.6

Infrastructure
Paved roads (% of total roads) 78.1 81.0 37.6
Electric power consumption (kWh per capita) 958 1,384 1,310
Power outages in a typical month (number) .. 1.1
Mobile cellular subscriptions (per 100 people) 1.9 50.6 47.0
Internet users (per 100 people) 0.6 16.6 13.9

74 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
El Salvador
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.9 6.1 3,703
Labor force (millions) 2.3 2.5 1,728
Unemployment rate (% of labor force) 7.0 6.6 5.5
GNI per capita, World Bank Atlas method ($) 2,110 3,460 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.3 2.9 8.3
Agriculture value added (% of GDP) 10.5 13.2 13.4
Industry value added (% of GDP) 31.6 28.5 41.1
Manufacturing value added (% of GDP) 24.7 21.8 26.6
Services value added (% of GDP) 57.9 58.4 45.5
Inflation (annual % change in consumer price index) 2.3 6.7
Exchange rate (local currency units per $) 8.8 8.8
Exports of goods and services (% of GDP) 27.4 27.7 35.4
Imports of goods and services (% of GDP) 42.4 49.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 84
Time to start a business (days) .. 17 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 86.0 58.6
Closing a business (years to resolve insolvency) .. 4.0 3.3
Total tax rate (% of profit) .. 35.0 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. 0.5 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.2
Firms expected to give gifts in meetings w/tax officials (%) .. 2.6
Firms using banks to finance investments (% of firms) .. 17.3
Delay in obtaining an electrical connection (days) .. 22.1
ISO certification ownership (% of firms) .. 11.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 277 239 31,715
Private foreign direct investment, net (% of GDP) 1.3 3.5 3.4
Gross fixed capital formation (% of GDP) 16.9 15.0 34.5
Gross fixed private capital formation (% of GDP) 14.2 12.8 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –4.7 0.3 –1.5
Government debt (% of GDP) 55.3 39.4 ..
Deposit money banks’ assets (% of GDP) 5.2 5.0 98.1
Total financial system deposits (% of GDP) 4.8 4.3 48.0
Bank capital to asset ratio (%) 8.8 12.7 10.2
Bank nonperforming loans to total gross loans ratio (%) 4.3 2.8 4.4
Domestic credit to the private sector (% of GDP) 45.2 41.3 82.6
Real interest rate (%) 10.5 ..
Interest rate spread (percentage points) 4.6 .. 6.6

Infrastructure
Paved roads (% of total roads) 19.8 .. 37.6
Electric power consumption (kWh per capita) 680 939 1,310
Power outages in a typical month (number) .. 2.3
Mobile cellular subscriptions (per 100 people) 12.5 113.3 47.0
Internet users (per 100 people) 1.2 10.6 13.9

The Little Data Book on Private Sector Development 2010 75


Equatorial Guinea High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.53 0.66 1,069
Labor force (millions) 0.19 0.25 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) 1,250 14,980 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 36.0 18.9 2.3
Agriculture value added (% of GDP) 9.8 2.0 1.5
Industry value added (% of GDP) 85.9 95.7 25.7
Manufacturing value added (% of GDP) 1.4 12.4 16.8
Services value added (% of GDP) 4.2 2.3 72.8
Inflation (annual % change in consumer price index) 4.8 6.6
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 98.6 78.3 28.1
Imports of goods and services (% of GDP) 85.4 32.1 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 170
Time to start a business (days) .. 136 19
Procedures to start a business (number) .. 20 6
Firing cost (weeks of wages) .. 133.0 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. 59.5 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) 61.3 28.2 20.7
Gross fixed private capital formation (% of GDP) 56.2 11.4 ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 2.9 2.6 99.4
Total financial system deposits (% of GDP) 3.2 5.9 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 3.0 4.4 155.9
Real interest rate (%) –16.8 16.4
Interest rate spread (percentage points) 17.0 10.8 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.9 52.5 106.1
Internet users (per 100 people) 0.1 1.8 69.1

76 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
EritreaLow income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.7 4.9 976
Labor force (millions) 1.4 2.1 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 170 300 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.5 1.3 5.8
Agriculture value added (% of GDP) 15.1 24.3 25.0
Industry value added (% of GDP) 23.0 19.2 28.5
Manufacturing value added (% of GDP) 11.2 5.5 14.3
Services value added (% of GDP) 61.9 56.5 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 9.6 15.4
Exports of goods and services (% of GDP) 15.1 6.3 33.9
Imports of goods and services (% of GDP) 81.8 34.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 175
Time to start a business (days) .. 84 44
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 69.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 84.5 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 0.5
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. 11.9
Delay in obtaining an electrical connection (days) .. 0.0
ISO certification ownership (% of firms) .. 15.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 40 .. 7,503
Private foreign direct investment, net (% of GDP) 4.4 2.2 5.1
Gross fixed capital formation (% of GDP) 23.8 10.6 26.0
Gross fixed private capital formation (% of GDP) 5.0 1.2 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 32.5 18.4 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 21.8 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 3.0
Mobile cellular subscriptions (per 100 people) 0.0 2.2 28.5
Internet users (per 100 people) 0.1 4.1 4.6

The Little Data Book on Private Sector Development 2010 77


Estonia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.4 1.3 1,069
Labor force (millions) 0.66 0.70 502
Unemployment rate (% of labor force) 12.8 5.5 5.9
GNI per capita, World Bank Atlas method ($) 4,220 14,570 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.5 7.4 2.3
Agriculture value added (% of GDP) 4.8 2.9 1.5
Industry value added (% of GDP) 27.5 29.1 25.7
Manufacturing value added (% of GDP) 17.7 16.7 16.8
Services value added (% of GDP) 67.6 68.0 72.8
Inflation (annual % change in consumer price index) 4.0 10.4
Exchange rate (local currency units per $) 17.0 10.7
Exports of goods and services (% of GDP) 84.6 75.6 28.1
Imports of goods and services (% of GDP) 88.2 79.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 24
Time to start a business (days) .. 7 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 35.0 39.3
Closing a business (years to resolve insolvency) .. 3.0 2.1
Total tax rate (% of profit) .. 49.1 39.2
Highest marginal tax rate, corporate (%) .. 21
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 2.4 5.5
Firms expected to give gifts in meetings w/tax officials (%) 18.5 13.5
Firms using banks to finance investments (% of firms) 24.2 41.5
Delay in obtaining an electrical connection (days) 3.5 207.2
ISO certification ownership (% of firms) 7.5 21.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 6.8 8.3 2.8
Gross fixed capital formation (% of GDP) 25.7 29.3 20.7
Gross fixed private capital formation (% of GDP) 22.9 31.0 ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.2 3.1 –1.0
Government debt (% of GDP) 6.9 4.1 43.4
Deposit money banks’ assets (% of GDP) 33.4 85.1 99.4
Total financial system deposits (% of GDP) 24.7 43.5 ..
Bank capital to asset ratio (%) 12.6 9.3 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.0 1.9 1.9
Domestic credit to the private sector (% of GDP) 36.1 97.4 155.9
Real interest rate (%) 2.8 1.8
Interest rate spread (percentage points) 3.7 2.8 3.9

Infrastructure
Paved roads (% of total roads) 20.1 28.8 87.0
Electric power consumption (kWh per capita) 4,629 6,273 9,753
Power outages in a typical month (number) .. 1.2
Mobile cellular subscriptions (per 100 people) 40.7 188.3 106.1
Internet users (per 100 people) 28.6 66.2 69.1

78 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Ethiopia Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 65.5 80.7 976
Labor force (millions) 29.0 38.2 441
Unemployment rate (% of labor force) 8.2 17.0 ..
GNI per capita, World Bank Atlas method ($) 130 280 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 8.2 5.8
Agriculture value added (% of GDP) 49.9 44.5 25.0
Industry value added (% of GDP) 12.4 13.2 28.5
Manufacturing value added (% of GDP) 5.5 4.8 14.3
Services value added (% of GDP) 37.8 42.4 46.5
Inflation (annual % change in consumer price index) 0.7 44.4
Exchange rate (local currency units per $) 8.2 9.6
Exports of goods and services (% of GDP) 12.0 11.5 33.9
Imports of goods and services (% of GDP) 24.0 31.2 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 107
Time to start a business (days) .. 9 44
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. 40.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 31.1 74.4
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 2.1 3.8
Firms expected to give gifts in meetings w/tax officials (%) .. 4.4
Firms using banks to finance investments (% of firms) 31.0 11.0
Delay in obtaining an electrical connection (days) .. 44.2
ISO certification ownership (% of firms) 2.3 4.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 7,503
Private foreign direct investment, net (% of GDP) 1.6 0.4 5.1
Gross fixed capital formation (% of GDP) 20.3 20.1 26.0
Gross fixed private capital formation (% of GDP) 8.1 5.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –7.6 .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 35.9 28.8 40.6
Total financial system deposits (% of GDP) 35.6 37.3 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 23.1 18.0 36.5
Real interest rate (%) 3.8 –15.9
Interest rate spread (percentage points) 4.9 3.4 10.8

Infrastructure
Paved roads (% of total roads) 12.0 12.8 12.1
Electric power consumption (kWh per capita) 23 40 324
Power outages in a typical month (number) .. 5.0
Mobile cellular subscriptions (per 100 people) 0.0 2.4 28.5
Internet users (per 100 people) 0.0 0.4 4.6

The Little Data Book on Private Sector Development 2010 79


Faeroe Islands High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.05 0.05 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) .. 3.2 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 8.1 5.1
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 106.1
Internet users (per 100 people) .. .. 69.1

80 2010 The Little Data Book on Private Sector Development


East Asia & Pacific Upper middle income
Fiji
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.80 0.84 949
Labor force (millions) 0.31 0.34 432
Unemployment rate (% of labor force) .. 8.1 8.0
GNI per capita, World Bank Atlas method ($) 2,260 4,010 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 1.4 4.6
Agriculture value added (% of GDP) 17.1 15.1 6.1
Industry value added (% of GDP) 22.3 24.9 33.7
Manufacturing value added (% of GDP) 14.0 15.4 17.3
Services value added (% of GDP) 60.6 60.0 60.2
Inflation (annual % change in consumer price index) 1.1 7.7
Exchange rate (local currency units per $) 2.1 1.6
Exports of goods and services (% of GDP) 65.2 55.7 27.8
Imports of goods and services (% of GDP) 70.3 73.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 54
Time to start a business (days) .. 46 47
Procedures to start a business (number) .. 8 8
Firing cost (weeks of wages) .. 22.0 37.4
Closing a business (years to resolve insolvency) .. 1.8 2.9
Total tax rate (% of profit) .. 41.2 44.3
Highest marginal tax rate, corporate (%) 35 31
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 3 90 82,923
Private foreign direct investment, net (% of GDP) –0.1 8.9 3.6
Gross fixed capital formation (% of GDP) 15.4 16.0 21.9
Gross fixed private capital formation (% of GDP) 10.2 13.0 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.9 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 36.4 41.0 51.2
Total financial system deposits (% of GDP) 36.7 40.2 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 32.0 48.2 44.6
Real interest rate (%) 13.7 2.8
Interest rate spread (percentage points) 7.5 8.1 6.2

Infrastructure
Paved roads (% of total roads) 49.2 .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 6.9 71.1 95.3
Internet users (per 100 people) 1.5 12.2 30.6

The Little Data Book on Private Sector Development 2010 81


Finland High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.2 5.3 1,069
Labor force (millions) 2.7 2.7 502
Unemployment rate (% of labor force) 9.7 6.4 5.9
GNI per capita, World Bank Atlas method ($) 25,470 47,600 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.9 3.0 2.3
Agriculture value added (% of GDP) 3.5 2.7 1.5
Industry value added (% of GDP) 33.7 32.4 25.7
Manufacturing value added (% of GDP) 26.2 23.6 16.8
Services value added (% of GDP) 62.8 64.9 72.8
Inflation (annual % change in consumer price index) 3.4 4.1
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 43.5 44.2 28.1
Imports of goods and services (% of GDP) 33.9 40.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 16
Time to start a business (days) .. 14 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 26.0 39.3
Closing a business (years to resolve insolvency) .. 0.9 2.1
Total tax rate (% of profit) .. 47.7 39.2
Highest marginal tax rate, corporate (%) 29 26
Business entry rate (new registrations as % of total) 7.4 8.7 11.5
New business density (new regis. per working-age pop.) 2.3 3.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 7.5 –2.8 2.8
Gross fixed capital formation (% of GDP) 19.4 20.6 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 6.7 5.5 –1.0
Government debt (% of GDP) 55.1 37.3 43.4
Deposit money banks’ assets (% of GDP) 55.8 .. 99.4
Total financial system deposits (% of GDP) 22.1 .. ..
Bank capital to asset ratio (%) 6.3 7.4 6.3
Bank nonperforming loans to total gross loans ratio (%) 0.6 0.4 1.9
Domestic credit to the private sector (% of GDP) 53.1 85.8 155.9
Real interest rate (%) 3.0 3.0
Interest rate spread (percentage points) 4.0 2.7 3.9

Infrastructure
Paved roads (% of total roads) 62.0 65.4 87.0
Electric power consumption (kWh per capita) 15,286 17,162 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 72.0 128.5 106.1
Internet users (per 100 people) 37.2 82.5 69.1

82 2010 The Little Data Book on Private Sector Development


FranceHigh income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 58.9 62.3 1,069
Labor force (millions)a 26.4 28.6 502
Unemployment rate (% of labor force) 10.2 7.4 5.9
GNI per capita, World Bank Atlas method ($) 24,450 42,000 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.9 1.8 2.3
Agriculture value added (% of GDP) 2.8 2.0 1.5
Industry value added (% of GDP) 22.9 20.4 25.7
Manufacturing value added (% of GDP) 16.0 11.9 16.8
Services value added (% of GDP) 74.3 77.6 72.8
Inflation (annual % change in consumer price index) 1.7 2.8
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 28.6 26.4 28.1
Imports of goods and services (% of GDP) 27.7 28.9 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 31
Time to start a business (days) .. 7 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 32.0 39.3
Closing a business (years to resolve insolvency) .. 1.9 2.1
Total tax rate (% of profit) .. 65.8 39.2
Highest marginal tax rate, corporate (%) 37 33
Business entry rate (new registrations as % of total) 8.9 10.8 11.5
New business density (new regis. per working-age pop.) 2.3 3.3 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 3.2 3.5 2.8
Gross fixed capital formation (% of GDP) 19.5 21.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –1.7 –2.3 –1.0
Government debt (% of GDP) 60.7 66.6 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 6.7 4.2 6.3
Bank nonperforming loans to total gross loans ratio (%) 5.0 2.8 1.9
Domestic credit to the private sector (% of GDP) 85.0 107.8 155.9
Real interest rate (%) 5.2 4.9
Interest rate spread (percentage points) 4.1 4.4 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 7,485 7,772 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 49.3 93.1 106.1
Internet users (per 100 people) 14.4 67.9 69.1
a. Excludes the French overseas departments of French Guiana, Guadeloupe, Martinique, and Réunion.
The Little Data Book on Private Sector Development 2010 83
French Polynesia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.24 0.27 1,069
Labor force (millions) 0.10 0.11 502
Unemployment rate (% of labor force) 11.7 11.7 5.9
GNI per capita, World Bank Atlas method ($) 16,080 .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 .. 2.3
Agriculture value added (% of GDP) 4.7 .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 129.5 87.2
Exports of goods and services (% of GDP) 4.9 .. 28.1
Imports of goods and services (% of GDP) 24.2 .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 106.1
Internet users (per 100 people) .. .. 69.1

84 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Gabon
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.2 1.4 949
Labor force (millions) 0.54 0.69 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) 3,080 7,320 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.3 2.2 4.6
Agriculture value added (% of GDP) 6.2 4.1 6.1
Industry value added (% of GDP) 56.3 64.3 33.7
Manufacturing value added (% of GDP) 3.7 3.5 17.3
Services value added (% of GDP) 37.5 31.7 60.2
Inflation (annual % change in consumer price index) 0.5 5.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 69.0 66.6 27.8
Imports of goods and services (% of GDP) 32.7 32.0 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 158
Time to start a business (days) .. 58 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 43.0 37.4
Closing a business (years to resolve insolvency) .. 5.0 2.9
Total tax rate (% of profit) .. 44.7 44.3
Highest marginal tax rate, corporate (%) 35 ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.8
Firms expected to give gifts in meetings w/tax officials (%) .. 22.8
Firms using banks to finance investments (% of firms) .. 6.3
Delay in obtaining an electrical connection (days) .. 34.5
ISO certification ownership (% of firms) .. 18.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 12 60 82,923
Private foreign direct investment, net (% of GDP) –0.8 0.1 3.6
Gross fixed capital formation (% of GDP) 21.9 24.4 21.9
Gross fixed private capital formation (% of GDP) 19.0 19.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 12.1 9.6 51.2
Total financial system deposits (% of GDP) 10.4 12.9 39.9
Bank capital to asset ratio (%) .. 10.7 9.4
Bank nonperforming loans to total gross loans ratio (%) 6.6 8.5 3.6
Domestic credit to the private sector (% of GDP) 8.7 8.5 44.6
Real interest rate (%) –4.8 9.3
Interest rate spread (percentage points) 17.0 10.8 6.2

Infrastructure
Paved roads (% of total roads) 9.9 10.2 41.8
Electric power consumption (kWh per capita) 876 1,066 3,052
Power outages in a typical month (number) .. 7.2
Mobile cellular subscriptions (per 100 people) 9.7 89.8 95.3
Internet users (per 100 people) 1.2 6.2 30.6

The Little Data Book on Private Sector Development 2010 85


Gambia, The
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.3 1.7 976
Labor force (millions) 0.58 0.74 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 330 400 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.6 5.1 5.8
Agriculture value added (% of GDP) 35.8 28.5 25.0
Industry value added (% of GDP) 13.1 15.1 28.5
Manufacturing value added (% of GDP) 5.4 4.9 14.3
Services value added (% of GDP) 51.1 56.4 46.5
Inflation (annual % change in consumer price index) 0.8 4.5
Exchange rate (local currency units per $) 12.8 22.2
Exports of goods and services (% of GDP) 48.0 30.0 33.9
Imports of goods and services (% of GDP) 56.8 48.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 140
Time to start a business (days) .. 27 44
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 26.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 292.4 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.3
Firms expected to give gifts in meetings w/tax officials (%) .. 13.6
Firms using banks to finance investments (% of firms) .. 7.6
Delay in obtaining an electrical connection (days) .. 63.9
ISO certification ownership (% of firms) .. 22.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 7 35 7,503
Private foreign direct investment, net (% of GDP) 10.3 8.9 5.1
Gross fixed capital formation (% of GDP) 17.4 24.8 26.0
Gross fixed private capital formation (% of GDP) 12.8 13.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 30.8 41.7 40.6
Total financial system deposits (% of GDP) 29.5 60.1 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 12.5 17.6 36.5
Real interest rate (%) 19.6 21.0
Interest rate spread (percentage points) 11.5 15.0 10.8

Infrastructure
Paved roads (% of total roads) 35.4 19.3 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 23.7
Mobile cellular subscriptions (per 100 people) 0.4 70.2 28.5
Internet users (per 100 people) 0.9 6.9 4.6

86 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Georgia
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.7 4.3 3,703
Labor force (millions) 2.4 2.3 1,728
Unemployment rate (% of labor force) 10.8 13.3 5.5
GNI per capita, World Bank Atlas method ($) 700 2,500 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.6 8.1 8.3
Agriculture value added (% of GDP) 21.9 10.0 13.4
Industry value added (% of GDP) 22.4 21.2 41.1
Manufacturing value added (% of GDP) 13.0 12.0 26.6
Services value added (% of GDP) 55.7 68.8 45.5
Inflation (annual % change in consumer price index) 4.1 10.0
Exchange rate (local currency units per $) 2.0 1.5
Exports of goods and services (% of GDP) 23.0 28.7 35.4
Imports of goods and services (% of GDP) 39.7 58.3 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 11
Time to start a business (days) .. 3 34
Procedures to start a business (number) .. 3 9
Firing cost (weeks of wages) .. 4.0 58.6
Closing a business (years to resolve insolvency) .. 3.3 3.3
Total tax rate (% of profit) .. 15.3 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 8.2 8.8 8.8
New business density (new regis. per working-age pop.) 0.7 1.7 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 11.0 2.1
Firms expected to give gifts in meetings w/tax officials (%) 81.2 8.4
Firms using banks to finance investments (% of firms) 25.9 38.2
Delay in obtaining an electrical connection (days) 1.9 11.4
ISO certification ownership (% of firms) 16.8 16.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 49 476 31,715
Private foreign direct investment, net (% of GDP) 4.3 12.2 3.4
Gross fixed capital formation (% of GDP) 25.4 22.5 34.5
Gross fixed private capital formation (% of GDP) 24.5 14.5 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –1.6 –1.9 –1.5
Government debt (% of GDP) 69.9 27.0 ..
Deposit money banks’ assets (% of GDP) 6.5 22.4 98.1
Total financial system deposits (% of GDP) 4.2 13.8 48.0
Bank capital to asset ratio (%) 30.5 17.1 10.2
Bank nonperforming loans to total gross loans ratio (%) 11.6 4.1 4.4
Domestic credit to the private sector (% of GDP) 8.7 33.3 82.6
Real interest rate (%) 26.8 10.2
Interest rate spread (percentage points) 22.6 10.9 6.6

Infrastructure
Paved roads (% of total roads) 93.4 38.6 37.6
Electric power consumption (kWh per capita) 1,353 1,620 1,310
Power outages in a typical month (number) .. 3.3
Mobile cellular subscriptions (per 100 people) 4.1 64.0 47.0
Internet users (per 100 people) 0.5 23.8 13.9

The Little Data Book on Private Sector Development 2010 87


Germany High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 82.2 82.1 1,069
Labor force (millions) 40.4 42.4 502
Unemployment rate (% of labor force) 7.9 7.5 5.9
GNI per capita, World Bank Atlas method ($) 25,500 42,710 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.0 1.2 2.3
Agriculture value added (% of GDP) 1.3 0.9 1.5
Industry value added (% of GDP) 30.3 30.2 25.7
Manufacturing value added (% of GDP) 22.9 23.9 16.8
Services value added (% of GDP) 68.5 69.0 72.8
Inflation (annual % change in consumer price index) 1.5 2.6
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 33.4 47.2 28.1
Imports of goods and services (% of GDP) 33.0 41.0 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 25
Time to start a business (days) .. 18 19
Procedures to start a business (number) .. 9 6
Firing cost (weeks of wages) .. 69.0 39.3
Closing a business (years to resolve insolvency) .. 1.2 2.1
Total tax rate (% of profit) .. 44.9 39.2
Highest marginal tax rate, corporate (%) 52 30
Business entry rate (new registrations as % of total) 18.4 11.9 11.5
New business density (new regis. per working-age pop.) 1.5 1.2 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 1.2
Firms expected to give gifts in meetings w/tax officials (%) .. 14.8
Firms using banks to finance investments (% of firms) .. 45.0
Delay in obtaining an electrical connection (days) .. 3.2
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 11.1 0.6 2.8
Gross fixed capital formation (% of GDP) 21.5 19.2 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.4 –0.4 –1.0
Government debt (% of GDP) 37.8 40.8 43.4
Deposit money banks’ assets (% of GDP) 144.5 .. 99.4
Total financial system deposits (% of GDP) 63.1 .. ..
Bank capital to asset ratio (%) 4.2 4.5 6.3
Bank nonperforming loans to total gross loans ratio (%) 4.7 2.7 1.9
Domestic credit to the private sector (% of GDP) 118.6 107.8 155.9
Real interest rate (%) 10.4 ..
Interest rate spread (percentage points) 6.2 .. 3.9

Infrastructure
Paved roads (% of total roads) .. 100.0 87.0
Electric power consumption (kWh per capita) 6,636 7,184 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 58.6 128.5 106.1
Internet users (per 100 people) 30.2 75.5 69.1

88 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Ghana
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 19.5 23.4 976
Labor force (millions) 8.6 10.6 441
Unemployment rate (% of labor force) 10.4 .. ..
GNI per capita, World Bank Atlas method ($) 330 630 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 5.6 5.8
Agriculture value added (% of GDP) 35.3 33.5 25.0
Industry value added (% of GDP) 25.4 25.3 28.5
Manufacturing value added (% of GDP) 9.0 6.3 14.3
Services value added (% of GDP) 39.3 41.2 46.5
Inflation (annual % change in consumer price index) 25.2 16.5
Exchange rate (local currency units per $) 0.5 1.1
Exports of goods and services (% of GDP) 48.8 42.5 33.9
Imports of goods and services (% of GDP) 67.2 75.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 92
Time to start a business (days) .. 33 44
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 178.0 68.7
Closing a business (years to resolve insolvency) .. 1.9 3.8
Total tax rate (% of profit) .. 32.7 74.4
Highest marginal tax rate, corporate (%) 33 25
Business entry rate (new registrations as % of total) 5.9 6.2 18.2
New business density (new regis. per working-age pop.) 0.5 0.5 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.0
Firms expected to give gifts in meetings w/tax officials (%) .. 18.1
Firms using banks to finance investments (% of firms) .. 16.0
Delay in obtaining an electrical connection (days) .. 24.4
ISO certification ownership (% of firms) .. 6.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 10 1,434 7,503
Private foreign direct investment, net (% of GDP) 3.3 12.7 5.1
Gross fixed capital formation (% of GDP) 23.1 35.9 26.0
Gross fixed private capital formation (% of GDP) 12.7 20.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –6.5 –7.7 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) 11.8 12.8 ..
Bank nonperforming loans to total gross loans ratio (%) 11.9 7.7 ..
Domestic credit to the private sector (% of GDP) 14.0 17.8 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 29.6 14.9 12.1
Electric power consumption (kWh per capita) 331 259 324
Power outages in a typical month (number) .. 9.7
Mobile cellular subscriptions (per 100 people) 0.7 49.6 28.5
Internet users (per 100 people) 0.2 4.3 4.6

The Little Data Book on Private Sector Development 2010 89


Greece High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.9 11.2 1,069
Labor force (millions) 4.9 5.2 502
Unemployment rate (% of labor force) 11.2 7.7 5.9
GNI per capita, World Bank Atlas method ($) 12,560 28,400 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 4.2 2.3
Agriculture value added (% of GDP) 6.6 3.3 1.5
Industry value added (% of GDP) 21.0 19.7 25.7
Manufacturing value added (% of GDP) 11.1 10.3 16.8
Services value added (% of GDP) 72.5 77.0 72.8
Inflation (annual % change in consumer price index) 3.2 4.2
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 24.9 23.1 28.1
Imports of goods and services (% of GDP) 38.4 31.9 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 109
Time to start a business (days) .. 19 19
Procedures to start a business (number) .. 15 6
Firing cost (weeks of wages) .. 24.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 47.4 39.2
Highest marginal tax rate, corporate (%) 40 25
Business entry rate (new registrations as % of total) 5.7 5.4 11.5
New business density (new regis. per working-age pop.) 0.7 0.8 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 1.8
Firms expected to give gifts in meetings w/tax officials (%) .. 55.9
Firms using banks to finance investments (% of firms) .. 25.9
Delay in obtaining an electrical connection (days) .. 7.0
ISO certification ownership (% of firms) .. 11.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.9 1.5 2.8
Gross fixed capital formation (% of GDP) 21.6 19.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –3.7 –3.7 –1.0
Government debt (% of GDP) 123.5 114.1 43.4
Deposit money banks’ assets (% of GDP) 71.0 .. 99.4
Total financial system deposits (% of GDP) 49.0 .. ..
Bank capital to asset ratio (%) 8.9 4.5 6.3
Bank nonperforming loans to total gross loans ratio (%) 12.3 5.0 1.9
Domestic credit to the private sector (% of GDP) 47.0 93.5 155.9
Real interest rate (%) 8.6 3.0
Interest rate spread (percentage points) 6.2 4.3 3.9

Infrastructure
Paved roads (% of total roads) 91.8 .. 87.0
Electric power consumption (kWh per capita) 4,539 5,628 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 54.3 122.8 106.1
Internet users (per 100 people) 9.2 43.1 69.1

90 2010 The Little Data Book on Private Sector Development


Greenland High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.06 0.06 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 11.0 8.4 5.9
GNI per capita, World Bank Atlas method ($) 20,290 29,740 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.8 1.2 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 8.1 5.1
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 26.9 99.1 106.1
Internet users (per 100 people) 31.7 63.9 69.1

The Little Data Book on Private Sector Development 2010 91


Grenada
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.10 0.10 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) 15.2 .. 8.0
GNI per capita, World Bank Atlas method ($) 3,870 5,880 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.4 2.3 4.6
Agriculture value added (% of GDP) 7.3 5.9 6.1
Industry value added (% of GDP) 22.2 21.1 33.7
Manufacturing value added (% of GDP) 6.5 4.7 17.3
Services value added (% of GDP) 70.5 73.0 60.2
Inflation (annual % change in consumer price index) 2.1 8.2
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 54.9 28.9 27.8
Imports of goods and services (% of GDP) 72.2 70.3 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 91
Time to start a business (days) .. 20 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 29.0 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. 45.3 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 7 11 82,923
Private foreign direct investment, net (% of GDP) 8.7 25.3 3.6
Gross fixed capital formation (% of GDP) 41.8 29.8 21.9
Gross fixed private capital formation (% of GDP) 35.0 22.3 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 79.8 89.7 51.2
Total financial system deposits (% of GDP) 82.2 99.4 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 75.7 90.7 44.6
Real interest rate (%) 11.1 6.5
Interest rate spread (percentage points) 7.4 6.3 6.2

Infrastructure
Paved roads (% of total roads) 61.0 .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 4.2 58.0 95.3
Internet users (per 100 people) 4.1 23.2 30.6

92 2010 The Little Data Book on Private Sector Development


Guam
High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.16 0.18 1,069
Labor force (millions) 0.07 0.08 502
Unemployment rate (% of labor force) 11.5 .. 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 17.5 59.1 106.1
Internet users (per 100 people) 16.1 48.4 69.1

The Little Data Book on Private Sector Development 2010 93


Guatemala
Latin America & Caribbean Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 11.2 13.7 3,703
Labor force (millions) 4.0 5.3 1,728
Unemployment rate (% of labor force) 1.4 1.8 5.5
GNI per capita, World Bank Atlas method ($) 1,730 2,680 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 3.9 8.3
Agriculture value added (% of GDP) 15.1 11.6 13.4
Industry value added (% of GDP) 29.1 30.0 41.1
Manufacturing value added (% of GDP) 21.3 20.3 26.6
Services value added (% of GDP) 55.8 58.3 45.5
Inflation (annual % change in consumer price index) 6.0 12.6
Exchange rate (local currency units per $) 7.8 7.6
Exports of goods and services (% of GDP) 20.2 24.7 35.4
Imports of goods and services (% of GDP) 29.0 39.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 110
Time to start a business (days) .. 29 34
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 101.0 58.6
Closing a business (years to resolve insolvency) .. 3.0 3.3
Total tax rate (% of profit) .. 40.9 40.1
Highest marginal tax rate, corporate (%) 25 31
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.6 0.6 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.2
Firms expected to give gifts in meetings w/tax officials (%) .. 3.8
Firms using banks to finance investments (% of firms) .. 12.8
Delay in obtaining an electrical connection (days) .. 35.3
ISO certification ownership (% of firms) .. 8.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 147 532 31,715
Private foreign direct investment, net (% of GDP) 1.2 2.1 3.4
Gross fixed capital formation (% of GDP) 16.1 17.7 34.5
Gross fixed private capital formation (% of GDP) 13.7 14.2 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –1.8 –1.6 –1.5
Government debt (% of GDP) 17.0 20.1 ..
Deposit money banks’ assets (% of GDP) 21.5 36.7 98.1
Total financial system deposits (% of GDP) 16.3 38.0 48.0
Bank capital to asset ratio (%) 8.9 10.3 10.2
Bank nonperforming loans to total gross loans ratio (%) 7.9 2.4 4.4
Domestic credit to the private sector (% of GDP) 19.8 27.2 82.6
Real interest rate (%) 13.2 4.5
Interest rate spread (percentage points) 10.7 8.3 6.6

Infrastructure
Paved roads (% of total roads) 34.5 .. 37.6
Electric power consumption (kWh per capita) 343 558 1,310
Power outages in a typical month (number) .. 3.0
Mobile cellular subscriptions (per 100 people) 7.6 109.2 47.0
Internet users (per 100 people) 0.7 14.3 13.9

94 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
GuineaLow income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.4 9.8 976
Labor force (millions) 4.0 4.7 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 360 350 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 3.2 5.8
Agriculture value added (% of GDP) 20.3 24.8 25.0
Industry value added (% of GDP) 32.5 46.4 28.5
Manufacturing value added (% of GDP) 4.0 4.5 14.3
Services value added (% of GDP) 47.2 28.8 46.5
Inflation (annual % change in consumer price index) .. 18.4
Exchange rate (local currency units per $) 1,746.9 5,500.0
Exports of goods and services (% of GDP) 23.6 33.2 33.9
Imports of goods and services (% of GDP) 27.9 38.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 173
Time to start a business (days) .. 41 44
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 26.0 68.7
Closing a business (years to resolve insolvency) .. 3.8 3.8
Total tax rate (% of profit) .. 49.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.7
Firms expected to give gifts in meetings w/tax officials (%) .. 57.3
Firms using banks to finance investments (% of firms) .. 0.9
Delay in obtaining an electrical connection (days) .. 16.1
ISO certification ownership (% of firms) .. 5.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 6 89 7,503
Private foreign direct investment, net (% of GDP) 0.3 10.1 5.1
Gross fixed capital formation (% of GDP) 18.9 15.5 26.0
Gross fixed private capital formation (% of GDP) 14.0 12.0 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –2.4 .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 3.8 5.7 36.5
Real interest rate (%) 7.4 ..
Interest rate spread (percentage points) 11.9 .. 10.8

Infrastructure
Paved roads (% of total roads) 16.5 9.8 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 33.9
Mobile cellular subscriptions (per 100 people) 0.5 39.1 28.5
Internet users (per 100 people) 0.1 0.9 4.6

The Little Data Book on Private Sector Development 2010 95


Guinea-Bissau
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.3 1.6 976
Labor force (millions) 0.54 0.65 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 170 250 523
GDP growth, 1995–2000 and 2000–08 (average annual %) –2.7 0.6 5.8
Agriculture value added (% of GDP) 56.4 55.5 25.0
Industry value added (% of GDP) 13.0 12.9 28.5
Manufacturing value added (% of GDP) 10.5 10.2 14.3
Services value added (% of GDP) 30.6 31.6 46.5
Inflation (annual % change in consumer price index) 8.6 10.5
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 31.8 29.8 33.9
Imports of goods and services (% of GDP) 51.6 49.8 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 181
Time to start a business (days) .. 213 44
Procedures to start a business (number) .. 16 9
Firing cost (weeks of wages) .. 87.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 45.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.9
Firms expected to give gifts in meetings w/tax officials (%) .. 22.7
Firms using banks to finance investments (% of firms) .. 0.7
Delay in obtaining an electrical connection (days) .. 20.5
ISO certification ownership (% of firms) .. 8.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 3 29 7,503
Private foreign direct investment, net (% of GDP) 0.3 3.5 5.1
Gross fixed capital formation (% of GDP) 11.3 23.9 26.0
Gross fixed private capital formation (% of GDP) 1.3 10.6 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 7.6 7.6 40.6
Total financial system deposits (% of GDP) 12.7 10.7 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 7.9 9.1 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 27.9 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 9.2
Mobile cellular subscriptions (per 100 people) 0.0 31.7 28.5
Internet users (per 100 people) 0.2 2.4 4.6

96 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Guyana
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.76 0.76 3,703
Labor force (millions) 0.32 0.34 1,728
Unemployment rate (% of labor force) 9.1 .. 5.5
GNI per capita, World Bank Atlas method ($) 870 1,450 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.5 1.9 8.3
Agriculture value added (% of GDP) 31.1 28.1 13.4
Industry value added (% of GDP) 29.0 21.7 41.1
Manufacturing value added (% of GDP) 8.2 3.4 26.6
Services value added (% of GDP) 39.9 50.2 45.5
Inflation (annual % change in consumer price index) 6.1 8.1
Exchange rate (local currency units per $) 182.4 203.6
Exports of goods and services (% of GDP) 96.1 68.3 35.4
Imports of goods and services (% of GDP) 110.7 102.4 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 101
Time to start a business (days) .. 34 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 56.0 58.6
Closing a business (years to resolve insolvency) .. 3.0 3.3
Total tax rate (% of profit) .. 38.9 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.3
Firms expected to give gifts in meetings w/tax officials (%) .. 5.4
Firms using banks to finance investments (% of firms) .. 32.6
Delay in obtaining an electrical connection (days) .. 93.4
ISO certification ownership (% of firms) .. 17.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 11 26 31,715
Private foreign direct investment, net (% of GDP) 9.4 14.5 3.4
Gross fixed capital formation (% of GDP) 23.8 39.7 34.5
Gross fixed private capital formation (% of GDP) 10.0 22.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 66.3 69.2 98.1
Total financial system deposits (% of GDP) 62.6 82.8 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 57.1 57.0 82.6
Real interest rate (%) 10.0 8.8
Interest rate spread (percentage points) 8.6 12.2 6.6

Infrastructure
Paved roads (% of total roads) 7.4 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 5.3 36.8 47.0
Internet users (per 100 people) 6.6 26.9 13.9

The Little Data Book on Private Sector Development 2010 97


Haiti
Latin America & Caribbean Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.6 9.9 976
Labor force (millions) 3.5 4.4 441
Unemployment rate (% of labor force) 7.2 .. ..
GNI per capita, World Bank Atlas method ($) .. .. 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.5 0.5 5.8
Agriculture value added (% of GDP) .. .. 25.0
Industry value added (% of GDP) .. .. 28.5
Manufacturing value added (% of GDP) .. .. 14.3
Services value added (% of GDP) .. .. 46.5
Inflation (annual % change in consumer price index) 13.7 15.5
Exchange rate (local currency units per $) 21.2 39.1
Exports of goods and services (% of GDP) 12.7 11.1 33.9
Imports of goods and services (% of GDP) 33.4 36.8 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 151
Time to start a business (days) .. 195 44
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 17.0 68.7
Closing a business (years to resolve insolvency) .. 5.7 3.8
Total tax rate (% of profit) .. 40.1 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 3.8 3.0 18.2
New business density (new regis. per working-age pop.) 0.0 0.0 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 101 176 7,503
Private foreign direct investment, net (% of GDP) 0.4 0.4 5.1
Gross fixed capital formation (% of GDP) .. .. 26.0
Gross fixed private capital formation (% of GDP) .. .. 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 15.6 15.1 40.6
Total financial system deposits (% of GDP) 27.2 30.1 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 15.5 12.1 36.5
Real interest rate (%) 7.3 –2.8
Interest rate spread (percentage points) –24.7 15.7 10.8

Infrastructure
Paved roads (% of total roads) 24.3 .. 12.1
Electric power consumption (kWh per capita) 35 30 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.6 32.4 28.5
Internet users (per 100 people) 0.2 10.1 4.6

98 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Honduras
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.2 7.3 3,703
Labor force (millions) 2.4 2.8 1,728
Unemployment rate (% of labor force) 3.9 3.1 5.5
GNI per capita, World Bank Atlas method ($) 930 1,740 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.8 5.3 8.3
Agriculture value added (% of GDP) 15.9 13.6 13.4
Industry value added (% of GDP) 32.5 31.0 41.1
Manufacturing value added (% of GDP) 22.7 21.7 26.6
Services value added (% of GDP) 51.7 55.4 45.5
Inflation (annual % change in consumer price index) 11.0 11.4
Exchange rate (local currency units per $) 14.8 18.9
Exports of goods and services (% of GDP) 54.0 48.6 35.4
Imports of goods and services (% of GDP) 66.4 81.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 141
Time to start a business (days) .. 14 34
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 95.0 58.6
Closing a business (years to resolve insolvency) .. 3.8 3.3
Total tax rate (% of profit) .. 48.3 40.1
Highest marginal tax rate, corporate (%) 25 30
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.6
Firms expected to give gifts in meetings w/tax officials (%) .. 6.1
Firms using banks to finance investments (% of firms) .. 8.5
Delay in obtaining an electrical connection (days) .. 27.6
ISO certification ownership (% of firms) .. 16.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 127 334 31,715
Private foreign direct investment, net (% of GDP) 4.0 6.6 3.4
Gross fixed capital formation (% of GDP) 25.8 32.2 34.5
Gross fixed private capital formation (% of GDP) 20.3 28.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.2 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 32.8 47.4 98.1
Total financial system deposits (% of GDP) 32.6 45.8 48.0
Bank capital to asset ratio (%) 8.8 .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 10.6 .. 4.4
Domestic credit to the private sector (% of GDP) 34.1 51.4 82.6
Real interest rate (%) –3.1 7.4
Interest rate spread (percentage points) 10.9 8.4 6.6

Infrastructure
Paved roads (% of total roads) 20.4 .. 37.6
Electric power consumption (kWh per capita) 515 692 1,310
Power outages in a typical month (number) .. 2.9
Mobile cellular subscriptions (per 100 people) 2.5 84.9 47.0
Internet users (per 100 people) 1.2 13.1 13.9

The Little Data Book on Private Sector Development 2010 99


Hong Kong SAR, China High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.7 7.0 1,069
Labor force (millions) 3.4 3.7 502
Unemployment rate (% of labor force) 4.9 3.5 5.9
GNI per capita, World Bank Atlas method ($) 26,570 31,420 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.8 5.2 2.3
Agriculture value added (% of GDP) 0.1 0.1 1.5
Industry value added (% of GDP) 13.4 7.7 25.7
Manufacturing value added (% of GDP) 5.4 2.5 16.8
Services value added (% of GDP) 86.5 92.2 72.8
Inflation (annual % change in consumer price index) –3.8 4.3
Exchange rate (local currency units per $) 7.8 7.8
Exports of goods and services (% of GDP) 143.3 212.5 28.1
Imports of goods and services (% of GDP) 138.8 201.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 3
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 10.0 39.3
Closing a business (years to resolve insolvency) .. 1.1 2.1
Total tax rate (% of profit) .. 24.2 39.2
Highest marginal tax rate, corporate (%) 16 17
Business entry rate (new registrations as % of total) 10.5 15.4 11.5
New business density (new regis. per working-age pop.) 7.9 15.7 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 36.6 29.3 2.8
Gross fixed capital formation (% of GDP) 26.4 19.7 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 164.2 153.2 99.4
Total financial system deposits (% of GDP) 210.1 289.9 ..
Bank capital to asset ratio (%) 9.0 12.0 6.3
Bank nonperforming loans to total gross loans ratio (%) 7.3 0.9 1.9
Domestic credit to the private sector (% of GDP) 152.6 142.8 155.9
Real interest rate (%) 13.6 3.5
Interest rate spread (percentage points) 4.7 4.6 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 5,447 5,899 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 81.7 166.0 106.1
Internet users (per 100 people) 27.8 67.0 69.1

100 2010 The Little Data Book on Private Sector Development


Hungary High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.2 10.0 1,069
Labor force (millions) 4.2 4.3 502
Unemployment rate (% of labor force) 6.6 7.8 5.9
GNI per capita, World Bank Atlas method ($) 4,660 12,810 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 3.6 2.3
Agriculture value added (% of GDP) 5.4 4.3 1.5
Industry value added (% of GDP) 32.2 29.4 25.7
Manufacturing value added (% of GDP) 23.5 21.7 16.8
Services value added (% of GDP) 62.4 66.2 72.8
Inflation (annual % change in consumer price index) 9.8 6.1
Exchange rate (local currency units per $) 282.2 172.1
Exports of goods and services (% of GDP) 72.2 81.4 28.1
Imports of goods and services (% of GDP) 75.8 80.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 47
Time to start a business (days) .. 4 19
Procedures to start a business (number) .. 4 6
Firing cost (weeks of wages) .. 35.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 57.5 39.2
Highest marginal tax rate, corporate (%) 18 16
Business entry rate (new registrations as % of total) 9.4 10.3 11.5
New business density (new regis. per working-age pop.) 2.5 4.1 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 5.2 13.5
Firms expected to give gifts in meetings w/tax officials (%) 27.4 0.7
Firms using banks to finance investments (% of firms) 21.6 48.7
Delay in obtaining an electrical connection (days) 9.6 48.0
ISO certification ownership (% of firms) 32.6 39.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,168 2,645 ..
Private foreign direct investment, net (% of GDP) 5.8 40.6 2.8
Gross fixed capital formation (% of GDP) 23.0 20.1 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –2.7 –3.9 –1.0
Government debt (% of GDP) 61.0 73.8 43.4
Deposit money banks’ assets (% of GDP) 35.8 70.5 99.4
Total financial system deposits (% of GDP) 35.5 44.6 ..
Bank capital to asset ratio (%) 8.3 8.0 6.3
Bank nonperforming loans to total gross loans ratio (%) 3.0 3.0 1.9
Domestic credit to the private sector (% of GDP) 31.4 69.6 155.9
Real interest rate (%) –0.3 6.1
Interest rate spread (percentage points) 3.1 0.3 3.9

Infrastructure
Paved roads (% of total roads) 43.7 37.7 87.0
Electric power consumption (kWh per capita) 3,309 3,977 9,753
Power outages in a typical month (number) .. 2.9
Mobile cellular subscriptions (per 100 people) 30.1 121.8 106.1
Internet users (per 100 people) 7.0 58.5 69.1

The Little Data Book on Private Sector Development 2010 101


Iceland High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.28 0.32 1,069
Labor force (millions) 0.17 0.20 502
Unemployment rate (% of labor force) 2.3 3.0 5.9
GNI per capita, World Bank Atlas method ($) 30,820 40,450 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.0 4.5 2.3
Agriculture value added (% of GDP) 8.6 5.8 1.5
Industry value added (% of GDP) 26.0 23.6 25.7
Manufacturing value added (% of GDP) 13.9 10.0 16.8
Services value added (% of GDP) 65.4 70.6 72.8
Inflation (annual % change in consumer price index) 5.1 12.7
Exchange rate (local currency units per $) 78.6 87.9
Exports of goods and services (% of GDP) 33.6 44.7 28.1
Imports of goods and services (% of GDP) 40.9 47.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 14
Time to start a business (days) .. 5 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 13.0 39.3
Closing a business (years to resolve insolvency) .. 1.0 2.1
Total tax rate (% of profit) .. 25.0 39.2
Highest marginal tax rate, corporate (%) 30 15
Business entry rate (new registrations as % of total) 14.2 12.5 11.5
New business density (new regis. per working-age pop.) 11.4 18.2 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 1.8 4.2 2.8
Gross fixed capital formation (% of GDP) 22.9 23.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 2.7 –12.8 –1.0
Government debt (% of GDP) 60.5 83.8 43.4
Deposit money banks’ assets (% of GDP) 83.1 150.2 99.4
Total financial system deposits (% of GDP) 40.6 60.0 ..
Bank capital to asset ratio (%) 6.2 6.9 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.5 0.8 1.9
Domestic credit to the private sector (% of GDP) 97.1 319.6 155.9
Real interest rate (%) 12.7 13.0
Interest rate spread (percentage points) 6.2 7.2 3.9

Infrastructure
Paved roads (% of total roads) 29.5 36.6 87.0
Electric power consumption (kWh per capita) 26,221 36,853 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 76.5 108.0 106.1
Internet users (per 100 people) 44.5 90.0 69.1

102 2010 The Little Data Book on Private Sector Development


South Asia
India
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1,015.9 1,140.0 3,703
Labor force (millions) 385.4 449.9 1,728
Unemployment rate (% of labor force) 4.3 5.0 5.5
GNI per capita, World Bank Atlas method ($) 450 1,040 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.9 7.9 8.3
Agriculture value added (% of GDP) 23.4 17.5 13.4
Industry value added (% of GDP) 26.2 28.8 41.1
Manufacturing value added (% of GDP) 15.6 15.8 26.6
Services value added (% of GDP) 50.5 53.7 45.5
Inflation (annual % change in consumer price index) 4.0 8.4
Exchange rate (local currency units per $) 44.9 43.5
Exports of goods and services (% of GDP) 13.2 22.7 35.4
Imports of goods and services (% of GDP) 14.2 28.0 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 133
Time to start a business (days) .. 30 34
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 56.0 58.6
Closing a business (years to resolve insolvency) .. 7.0 3.3
Total tax rate (% of profit) .. 64.7 40.1
Highest marginal tax rate, corporate (%) 39 34
Business entry rate (new registrations as % of total) 3.7 2.7 8.8
New business density (new regis. per working-age pop.) 0.0 0.0 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 12.9 6.7
Firms expected to give gifts in meetings w/tax officials (%) .. 52.3
Firms using banks to finance investments (% of firms) .. 46.7
Delay in obtaining an electrical connection (days) .. 29.5
ISO certification ownership (% of firms) 0.0 22.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2,665 27,912 31,715
Private foreign direct investment, net (% of GDP) 0.8 3.6 3.4
Gross fixed capital formation (% of GDP) 22.7 34.8 34.5
Gross fixed private capital formation (% of GDP) 16.3 25.7 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –3.9 –1.6 –1.5
Government debt (% of GDP) 56.0 57.6 ..
Deposit money banks’ assets (% of GDP) 41.1 64.9 98.1
Total financial system deposits (% of GDP) 42.6 61.4 48.0
Bank capital to asset ratio (%) 5.7 6.4 10.2
Bank nonperforming loans to total gross loans ratio (%) 12.8 2.3 4.4
Domestic credit to the private sector (% of GDP) 28.8 51.4 82.6
Real interest rate (%) 8.5 6.7
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) 47.5 .. 37.6
Electric power consumption (kWh per capita) 402 542 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.4 30.4 47.0
Internet users (per 100 people) 0.5 4.5 13.9

The Little Data Book on Private Sector Development 2010 103


Indonesia
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 205.3 227.3 3,703
Labor force (millions) 97.0 112.8 1,728
Unemployment rate (% of labor force) 6.1 8.4 5.5
GNI per capita, World Bank Atlas method ($) 580 1,880 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.6 5.2 8.3
Agriculture value added (% of GDP) 15.6 14.4 13.4
Industry value added (% of GDP) 45.9 48.1 41.1
Manufacturing value added (% of GDP) 27.7 27.9 26.6
Services value added (% of GDP) 38.5 37.5 45.5
Inflation (annual % change in consumer price index) 3.7 10.1
Exchange rate (local currency units per $) 8,421.8 9,699.0
Exports of goods and services (% of GDP) 41.0 29.8 35.4
Imports of goods and services (% of GDP) 30.5 28.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 122
Time to start a business (days) .. 60 34
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 108.0 58.6
Closing a business (years to resolve insolvency) .. 5.5 3.3
Total tax rate (% of profit) .. 37.6 40.1
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) 4.6 7.0 8.8
New business density (new regis. per working-age pop.) 0.1 0.1 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.0
Firms expected to give gifts in meetings w/tax officials (%) .. 14.0
Firms using banks to finance investments (% of firms) .. 34.0
Delay in obtaining an electrical connection (days) .. 23.5
ISO certification ownership (% of firms) .. 22.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 642 5,739 31,715
Private foreign direct investment, net (% of GDP) –2.8 1.8 3.4
Gross fixed capital formation (% of GDP) 19.9 27.6 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.5 –1.1 –1.5
Government debt (% of GDP) 45.2 28.8 ..
Deposit money banks’ assets (% of GDP) 43.7 30.9 98.1
Total financial system deposits (% of GDP) 44.7 32.3 48.0
Bank capital to asset ratio (%) 6.0 9.2 10.2
Bank nonperforming loans to total gross loans ratio (%) 34.4 3.2 4.4
Domestic credit to the private sector (% of GDP) 19.9 26.5 82.6
Real interest rate (%) –1.7 –3.9
Interest rate spread (percentage points) 6.0 5.1 6.6

Infrastructure
Paved roads (% of total roads) 57.1 55.4 37.6
Electric power consumption (kWh per capita) 402 566 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.8 61.8 47.0
Internet users (per 100 people) 0.9 7.9 13.9

104 2010 The Little Data Book on Private Sector Development


Middle East & North Africa
Iran, Islamic Rep. Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 63.9 72.0 3,703
Labor force (millions) 22.4 27.8 1,728
Unemployment rate (% of labor force) 12.8 10.5 5.5
GNI per capita, World Bank Atlas method ($) 1,670 3,540 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.7 5.9 8.3
Agriculture value added (% of GDP) 13.7 10.2 13.4
Industry value added (% of GDP) 36.7 44.5 41.1
Manufacturing value added (% of GDP) 13.2 10.6 26.6
Services value added (% of GDP) 49.5 45.3 45.5
Inflation (annual % change in consumer price index) 14.5 25.5
Exchange rate (local currency units per $) 1,766.1 9,428.5
Exports of goods and services (% of GDP) 22.7 32.2 35.4
Imports of goods and services (% of GDP) 17.4 21.5 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 137
Time to start a business (days) .. 9 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 87.0 58.6
Closing a business (years to resolve insolvency) .. 4.5 3.3
Total tax rate (% of profit) .. 44.2 40.1
Highest marginal tax rate, corporate (%) 54 25
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 802 31,715
Private foreign direct investment, net (% of GDP) 0.0 0.6 3.4
Gross fixed capital formation (% of GDP) 26.4 25.8 34.5
Gross fixed private capital formation (% of GDP) 17.6 16.7 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) 1.8 7.9 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 18.3 33.1 98.1
Total financial system deposits (% of GDP) 31.4 38.5 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 28.3 49.2 82.6
Real interest rate (%) .. –7.0
Interest rate spread (percentage points) .. 0.4 6.6

Infrastructure
Paved roads (% of total roads) 64.8 72.8 37.6
Electric power consumption (kWh per capita) 1,586 2,325 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.5 59.8 47.0
Internet users (per 100 people) 1.0 32.0 13.9

The Little Data Book on Private Sector Development 2010 105


Iraq
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 25.1 30.7 3,703
Labor force (millions) 6.0 7.5 1,728
Unemployment rate (% of labor force) .. 10.5 5.5
GNI per capita, World Bank Atlas method ($) .. .. 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 17.9 –11.4 8.3
Agriculture value added (% of GDP) 5.4 8.6 13.4
Industry value added (% of GDP) 84.4 70.1 41.1
Manufacturing value added (% of GDP) 0.9 1.7 26.6
Services value added (% of GDP) 10.3 21.3 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 0.3 1,193.1
Exports of goods and services (% of GDP) .. .. 35.4
Imports of goods and services (% of GDP) .. .. 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 153
Time to start a business (days) .. 77 34
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. .. 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 28.4 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 284 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) .. .. 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. 8.4 6.6

Infrastructure
Paved roads (% of total roads) 84.3 .. 37.6
Electric power consumption (kWh per capita) 1,161 1,080 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 57.1 47.0
Internet users (per 100 people) 0.0 1.0 13.9

106 2010 The Little Data Book on Private Sector Development


Ireland High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.8 4.4 1,069
Labor force (millions) 1.8 2.2 502
Unemployment rate (% of labor force) 4.3 6.0 5.9
GNI per capita, World Bank Atlas method ($) 23,170 49,770 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 9.7 5.0 2.3
Agriculture value added (% of GDP) 3.5 1.7 1.5
Industry value added (% of GDP) 41.3 33.9 25.7
Manufacturing value added (% of GDP) 32.4 22.2 16.8
Services value added (% of GDP) 55.2 64.4 72.8
Inflation (annual % change in consumer price index) 5.6 4.1
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 98.1 79.4 28.1
Imports of goods and services (% of GDP) 84.6 68.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 7
Time to start a business (days) .. 13 19
Procedures to start a business (number) .. 4 6
Firing cost (weeks of wages) .. 18.0 39.3
Closing a business (years to resolve insolvency) .. 0.4 2.1
Total tax rate (% of profit) .. 26.5 39.2
Highest marginal tax rate, corporate (%) 24 13
Business entry rate (new registrations as % of total) 13.2 10.3 11.5
New business density (new regis. per working-age pop.) 7.2 6.7 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.3
Firms expected to give gifts in meetings w/tax officials (%) .. 11.0
Firms using banks to finance investments (% of firms) .. 37.4
Delay in obtaining an electrical connection (days) .. 28.3
ISO certification ownership (% of firms) .. 17.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 26.4 –7.4 2.8
Gross fixed capital formation (% of GDP) 23.1 26.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 4.9 0.4 –1.0
Government debt (% of GDP) 40.1 27.2 43.4
Deposit money banks’ assets (% of GDP) 88.6 .. 99.4
Total financial system deposits (% of GDP) 68.7 .. ..
Bank capital to asset ratio (%) 6.5 4.7 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.0 2.6 1.9
Domestic credit to the private sector (% of GDP) 105.5 217.0 155.9
Real interest rate (%) –1.2 0.3
Interest rate spread (percentage points) 4.7 2.6 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 5,796 6,263 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 64.7 121.0 106.1
Internet users (per 100 people) 17.8 62.7 69.1

The Little Data Book on Private Sector Development 2010 107


Isle of Man High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.08 0.08 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 1.6 2.4 5.9
GNI per capita, World Bank Atlas method ($) 21,980 49,310 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 10.4 6.2 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 0.7 0.5
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 106.1
Internet users (per 100 people) .. .. 69.1

108 2010 The Little Data Book on Private Sector Development


Israel
High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.3 7.3 1,069
Labor force (millions) 2.5 3.1 502
Unemployment rate (% of labor force) 8.8 6.2 5.9
GNI per capita, World Bank Atlas method ($) 17,840 24,720 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.6 3.5 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) 1.1 4.6
Exchange rate (local currency units per $) 4.1 3.6
Exports of goods and services (% of GDP) 37.1 40.0 28.1
Imports of goods and services (% of GDP) 37.4 41.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 29
Time to start a business (days) .. 34 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 91.0 39.3
Closing a business (years to resolve insolvency) .. 4.0 2.1
Total tax rate (% of profit) .. 32.6 39.2
Highest marginal tax rate, corporate (%) 36 27
Business entry rate (new registrations as % of total) .. 11.5 11.5
New business density (new regis. per working-age pop.) .. 4.4 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 4.7 4.8 2.8
Gross fixed capital formation (% of GDP) 20.4 18.5 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –1.9 –1.9 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 83.6 97.1 99.4
Total financial system deposits (% of GDP) 76.2 88.9 ..
Bank capital to asset ratio (%) 7.3 5.7 6.3
Bank nonperforming loans to total gross loans ratio (%) 6.9 1.5 1.9
Domestic credit to the private sector (% of GDP) 76.9 90.1 155.9
Real interest rate (%) 11.1 4.4
Interest rate spread (percentage points) 4.2 2.8 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 6,323 7,002 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 70.0 122.9 106.1
Internet users (per 100 people) 20.2 47.9 69.1

The Little Data Book on Private Sector Development 2010 109


Italy High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 56.9 59.8 1,069
Labor force (millions) 23.2 25.2 502
Unemployment rate (% of labor force) 10.8 6.7 5.9
GNI per capita, World Bank Atlas method ($) 20,890 35,460 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.8 1.0 2.3
Agriculture value added (% of GDP) 2.8 2.0 1.5
Industry value added (% of GDP) 28.4 27.0 25.7
Manufacturing value added (% of GDP) 21.0 18.2 16.8
Services value added (% of GDP) 68.8 71.0 72.8
Inflation (annual % change in consumer price index) 2.5 3.3
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 27.1 28.8 28.1
Imports of goods and services (% of GDP) 26.1 29.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 78
Time to start a business (days) .. 10 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 11.0 39.3
Closing a business (years to resolve insolvency) .. 1.8 2.1
Total tax rate (% of profit) .. 68.4 39.2
Highest marginal tax rate, corporate (%) 41 31
Business entry rate (new registrations as % of total) 13.8 12.1 11.5
New business density (new regis. per working-age pop.) 1.5 2.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 1.2 0.7 2.8
Gross fixed capital formation (% of GDP) 20.3 20.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –0.7 –2.5 –1.0
Government debt (% of GDP) 119.4 106.3 43.4
Deposit money banks’ assets (% of GDP) 74.8 .. 99.4
Total financial system deposits (% of GDP) 42.2 .. ..
Bank capital to asset ratio (%) 7.0 6.6 6.3
Bank nonperforming loans to total gross loans ratio (%) 7.8 4.9 1.9
Domestic credit to the private sector (% of GDP) 76.0 105.1 155.9
Real interest rate (%) 5.0 3.9
Interest rate spread (percentage points) 5.2 4.9 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 5,299 5,713 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 74.2 151.0 106.1
Internet users (per 100 people) 23.2 41.8 69.1

110 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Jamaica
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.6 2.7 949
Labor force (millions) 1.2 1.2 432
Unemployment rate (% of labor force) 15.5 10.6 8.0
GNI per capita, World Bank Atlas method ($) 3,310 4,800 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.5 1.8 4.6
Agriculture value added (% of GDP) 7.0 5.3 6.1
Industry value added (% of GDP) 25.5 25.3 33.7
Manufacturing value added (% of GDP) 10.6 8.8 17.3
Services value added (% of GDP) 67.4 69.3 60.2
Inflation (annual % change in consumer price index) 8.2 22.0
Exchange rate (local currency units per $) 43.0 72.8
Exports of goods and services (% of GDP) 39.1 .. 27.8
Imports of goods and services (% of GDP) 51.9 .. 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 75
Time to start a business (days) .. 8 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 62.0 37.4
Closing a business (years to resolve insolvency) .. 1.1 2.9
Total tax rate (% of profit) .. 51.3 44.3
Highest marginal tax rate, corporate (%) 33 33
Business entry rate (new registrations as % of total) 3.5 3.7 10.8
New business density (new regis. per working-age pop.) 1.0 1.2 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.3
Firms expected to give gifts in meetings w/tax officials (%) .. 4.9
Firms using banks to finance investments (% of firms) .. 37.0
Delay in obtaining an electrical connection (days) .. 6.9
ISO certification ownership (% of firms) .. 16.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 546 75 82,923
Private foreign direct investment, net (% of GDP) 5.2 9.8 3.6
Gross fixed capital formation (% of GDP) 28.9 .. 21.9
Gross fixed private capital formation (% of GDP) 23.9 .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –5.1 ..
Government debt (% of GDP) .. 112.9 ..
Deposit money banks’ assets (% of GDP) 36.0 41.4 51.2
Total financial system deposits (% of GDP) 32.8 38.7 39.9
Bank capital to asset ratio (%) 9.2 .. 9.4
Bank nonperforming loans to total gross loans ratio (%) 11.0 .. 3.6
Domestic credit to the private sector (% of GDP) 25.7 28.3 44.6
Real interest rate (%) 11.5 –3.6
Interest rate spread (percentage points) 11.7 9.3 6.2

Infrastructure
Paved roads (% of total roads) 70.1 73.3 41.8
Electric power consumption (kWh per capita) 2,321 2,542 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 14.2 101.3 95.3
Internet users (per 100 people) 3.1 57.3 30.6

The Little Data Book on Private Sector Development 2010 111


Japan High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 126.9 127.7 1,069
Labor force (millions) 67.6 66.9 502
Unemployment rate (% of labor force) 4.8 4.0 5.9
GNI per capita, World Bank Atlas method ($) 34,620 38,130 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.6 1.6 2.3
Agriculture value added (% of GDP) 1.8 1.4 1.5
Industry value added (% of GDP) 32.4 29.3 25.7
Manufacturing value added (% of GDP) 22.2 21.2 16.8
Services value added (% of GDP) 65.8 69.3 72.8
Inflation (annual % change in consumer price index) –0.7 1.4
Exchange rate (local currency units per $) 107.8 103.4
Exports of goods and services (% of GDP) 11.0 17.6 28.1
Imports of goods and services (% of GDP) 9.5 15.9 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 15
Time to start a business (days) .. 23 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 0.6 2.1
Total tax rate (% of profit) .. 55.7 39.2
Highest marginal tax rate, corporate (%) 42 41
Business entry rate (new registrations as % of total) 3.7 4.4 11.5
New business density (new regis. per working-age pop.) 1.1 1.7 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.2 0.5 2.8
Gross fixed capital formation (% of GDP) 25.2 23.4 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 236.4 153.2 99.4
Total financial system deposits (% of GDP) 230.1 186.1 ..
Bank capital to asset ratio (%) 4.6 3.6 6.3
Bank nonperforming loans to total gross loans ratio (%) 5.3 1.7 1.9
Domestic credit to the private sector (% of GDP) 222.3 163.5 155.9
Real interest rate (%) 3.9 2.8
Interest rate spread (percentage points) 2.0 1.3 3.9

Infrastructure
Paved roads (% of total roads) 76.6 79.3 87.0
Electric power consumption (kWh per capita) 7,971 8,474 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 52.6 86.4 106.1
Internet users (per 100 people) 30.0 75.2 69.1

112 2010 The Little Data Book on Private Sector Development


Middle East & North Africa
Jordan
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.8 5.9 3,703
Labor force (millions) 1.4 1.9 1,728
Unemployment rate (% of labor force) 15.8 12.7 5.5
GNI per capita, World Bank Atlas method ($) 1,790 3,470 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.2 7.2 8.3
Agriculture value added (% of GDP) 2.3 2.9 13.4
Industry value added (% of GDP) 25.5 34.1 41.1
Manufacturing value added (% of GDP) 15.7 20.5 26.6
Services value added (% of GDP) 72.1 63.0 45.5
Inflation (annual % change in consumer price index) 0.7 14.9
Exchange rate (local currency units per $) 0.7 0.7
Exports of goods and services (% of GDP) 41.8 58.2 35.4
Imports of goods and services (% of GDP) 68.5 90.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 100
Time to start a business (days) .. 13 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 4.0 58.6
Closing a business (years to resolve insolvency) .. 4.3 3.3
Total tax rate (% of profit) .. 31.1 40.1
Highest marginal tax rate, corporate (%) 25 25
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.2 0.6 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.7
Firms expected to give gifts in meetings w/tax officials (%) .. 0.9
Firms using banks to finance investments (% of firms) .. 8.6
Delay in obtaining an electrical connection (days) .. 47.1
ISO certification ownership (% of firms) .. 15.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 584 194 31,715
Private foreign direct investment, net (% of GDP) 9.6 9.3 3.4
Gross fixed capital formation (% of GDP) 21.1 25.6 34.5
Gross fixed private capital formation (% of GDP) 11.9 19.1 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.1 –1.5
Government debt (% of GDP) .. 115.1 ..
Deposit money banks’ assets (% of GDP) 86.4 110.6 98.1
Total financial system deposits (% of GDP) 85.7 106.2 48.0
Bank capital to asset ratio (%) 7.0 10.4 10.2
Bank nonperforming loans to total gross loans ratio (%) 18.4 4.2 4.4
Domestic credit to the private sector (% of GDP) 77.8 83.8 82.6
Real interest rate (%) 12.2 –5.8
Interest rate spread (percentage points) 4.8 3.6 6.6

Infrastructure
Paved roads (% of total roads) 100.0 100.0 37.6
Electric power consumption (kWh per capita) 1,377 1,956 1,310
Power outages in a typical month (number) .. 2.6
Mobile cellular subscriptions (per 100 people) 8.1 90.0 47.0
Internet users (per 100 people) 2.7 27.0 13.9

The Little Data Book on Private Sector Development 2010 113


Kazakhstan
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 14.9 15.7 949
Labor force (millions) 7.5 8.5 432
Unemployment rate (% of labor force) 12.8 8.4 8.0
GNI per capita, World Bank Atlas method ($) 1,260 6,160 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.9 9.5 4.6
Agriculture value added (% of GDP) 8.7 5.7 6.1
Industry value added (% of GDP) 40.5 43.3 33.7
Manufacturing value added (% of GDP) 17.7 12.7 17.3
Services value added (% of GDP) 50.8 51.0 60.2
Inflation (annual % change in consumer price index) 13.2 17.2
Exchange rate (local currency units per $) 142.1 120.3
Exports of goods and services (% of GDP) 56.6 57.2 27.8
Imports of goods and services (% of GDP) 49.1 36.9 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 63
Time to start a business (days) .. 20 47
Procedures to start a business (number) .. 7 8
Firing cost (weeks of wages) .. 9.0 37.4
Closing a business (years to resolve insolvency) .. 1.5 2.9
Total tax rate (% of profit) .. 35.9 44.3
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. 9.0 10.8
New business density (new regis. per working-age pop.) .. 0.3 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 7.6 4.7
Firms expected to give gifts in meetings w/tax officials (%) 57.1 25.1
Firms using banks to finance investments (% of firms) 17.4 31.0
Delay in obtaining an electrical connection (days) 7.4 47.8
ISO certification ownership (% of firms) 12.8 10.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 375 1,147 82,923
Private foreign direct investment, net (% of GDP) 7.0 11.0 3.6
Gross fixed capital formation (% of GDP) 17.3 31.3 21.9
Gross fixed private capital formation (% of GDP) 16.5 25.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) 0.1 4.3 ..
Government debt (% of GDP) 21.6 6.3 ..
Deposit money banks’ assets (% of GDP) 10.2 49.0 51.2
Total financial system deposits (% of GDP) 8.7 26.5 39.9
Bank capital to asset ratio (%) 13.6 12.2 9.4
Bank nonperforming loans to total gross loans ratio (%) .. 5.1 3.6
Domestic credit to the private sector (% of GDP) 11.2 49.6 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) 86.5 90.3 41.8
Electric power consumption (kWh per capita) 3,170 4,448 3,052
Power outages in a typical month (number) .. 2.8
Mobile cellular subscriptions (per 100 people) 1.3 95.1 95.3
Internet users (per 100 people) 0.7 10.9 30.6

114 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Kenya
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 31.4 38.8 976
Labor force (millions) 14.3 18.2 441
Unemployment rate (% of labor force) 9.8 .. ..
GNI per capita, World Bank Atlas method ($) 420 730 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 4.5 5.8
Agriculture value added (% of GDP) 32.4 27.0 25.0
Industry value added (% of GDP) 16.9 18.8 28.5
Manufacturing value added (% of GDP) 11.6 12.1 14.3
Services value added (% of GDP) 50.7 54.2 46.5
Inflation (annual % change in consumer price index) 10.0 26.2
Exchange rate (local currency units per $) 76.2 69.2
Exports of goods and services (% of GDP) 21.6 27.3 33.9
Imports of goods and services (% of GDP) 31.7 41.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 95
Time to start a business (days) .. 34 44
Procedures to start a business (number) .. 12 9
Firing cost (weeks of wages) .. 47.0 68.7
Closing a business (years to resolve insolvency) .. 4.5 3.8
Total tax rate (% of profit) .. 49.7 74.4
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) 4.7 5.9 18.2
New business density (new regis. per working-age pop.) 0.3 0.4 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.1
Firms expected to give gifts in meetings w/tax officials (%) .. 32.3
Firms using banks to finance investments (% of firms) .. 22.9
Delay in obtaining an electrical connection (days) .. 40.5
ISO certification ownership (% of firms) .. 9.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 130 1,390 7,503
Private foreign direct investment, net (% of GDP) 0.9 0.3 5.1
Gross fixed capital formation (% of GDP) 16.7 19.4 26.0
Gross fixed private capital formation (% of GDP) 7.5 15.8 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) 2.0 –4.1 ..
Government debt (% of GDP) 52.6 .. ..
Deposit money banks’ assets (% of GDP) 33.7 35.2 40.6
Total financial system deposits (% of GDP) 31.8 34.5 26.3
Bank capital to asset ratio (%) 12.9 11.4 ..
Bank nonperforming loans to total gross loans ratio (%) 33.3 9.0 ..
Domestic credit to the private sector (% of GDP) 28.4 30.0 36.5
Real interest rate (%) 15.3 0.8
Interest rate spread (percentage points) 14.2 8.7 10.8

Infrastructure
Paved roads (% of total roads) 12.1 14.1 12.1
Electric power consumption (kWh per capita) 109 151 324
Power outages in a typical month (number) .. 6.9
Mobile cellular subscriptions (per 100 people) 0.4 42.1 28.5
Internet users (per 100 people) 0.3 8.7 4.6

The Little Data Book on Private Sector Development 2010 115


Kiribati
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.08 0.10 3,703
Labor force (millions) .. .. 1,728
Unemployment rate (% of labor force) 0.8 6.1 5.5
GNI per capita, World Bank Atlas method ($) 1,330 2,040 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.0 2.4 8.3
Agriculture value added (% of GDP) 22.5 27.5 13.4
Industry value added (% of GDP) 11.8 7.9 41.1
Manufacturing value added (% of GDP) 5.0 5.8 26.6
Services value added (% of GDP) 65.7 64.7 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1.7 1.2
Exports of goods and services (% of GDP) 7.0 9.7 35.4
Imports of goods and services (% of GDP) 47.8 78.7 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 79
Time to start a business (days) .. 21 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 4.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 31.8 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) .. .. 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.4 1.0 47.0
Internet users (per 100 people) 1.8 2.1 13.9

116 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Korea, Dem. Rep. Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 22.9 23.8 976
Labor force (millions) 11.1 12.2 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) .. .. 523
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 5.8
Agriculture value added (% of GDP) .. .. 25.0
Industry value added (% of GDP) .. .. 28.5
Manufacturing value added (% of GDP) .. .. 14.3
Services value added (% of GDP) .. .. 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 33.9
Imports of goods and services (% of GDP) .. .. 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 44
Procedures to start a business (number) .. .. 9
Firing cost (weeks of wages) .. .. 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. .. 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 400 7,503
Private foreign direct investment, net (% of GDP) .. .. 5.1
Gross fixed capital formation (% of GDP) .. .. 26.0
Gross fixed private capital formation (% of GDP) .. .. 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) .. .. 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 6.4 2.8 12.1
Electric power consumption (kWh per capita) 715 764 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 0.0 28.5
Internet users (per 100 people) 0.0 0.0 4.6

The Little Data Book on Private Sector Development 2010 117


Korea, Rep. High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 47.0 48.6 1,069
Labor force (millions) 22.7 24.4 502
Unemployment rate (% of labor force) 4.4 3.2 5.9
GNI per capita, World Bank Atlas method ($) 9,910 21,530 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 4.5 2.3
Agriculture value added (% of GDP) 4.6 2.5 1.5
Industry value added (% of GDP) 38.1 37.1 25.7
Manufacturing value added (% of GDP) 28.3 28.1 16.8
Services value added (% of GDP) 57.3 60.3 72.8
Inflation (annual % change in consumer price index) 2.3 4.7
Exchange rate (local currency units per $) 1,131.0 1,102.0
Exports of goods and services (% of GDP) 38.6 52.9 28.1
Imports of goods and services (% of GDP) 35.7 54.1 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 19
Time to start a business (days) .. 14 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 91.0 39.3
Closing a business (years to resolve insolvency) .. 1.5 2.1
Total tax rate (% of profit) .. 31.9 39.2
Highest marginal tax rate, corporate (%) 31 28
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 0.1
Firms expected to give gifts in meetings w/tax officials (%) .. 21.3
Firms using banks to finance investments (% of firms) .. 39.9
Delay in obtaining an electrical connection (days) .. 3.9
ISO certification ownership (% of firms) .. 17.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 1.7 0.2 2.8
Gross fixed capital formation (% of GDP) 30.0 29.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 4.4 4.3 –1.0
Government debt (% of GDP) 9.6 .. 43.4
Deposit money banks’ assets (% of GDP) 76.5 107.5 99.4
Total financial system deposits (% of GDP) 60.8 63.4 ..
Bank capital to asset ratio (%) 4.6 8.8 6.3
Bank nonperforming loans to total gross loans ratio (%) 8.9 1.1 1.9
Domestic credit to the private sector (% of GDP) 87.4 109.1 155.9
Real interest rate (%) 3.4 4.3
Interest rate spread (percentage points) 0.6 1.3 3.9

Infrastructure
Paved roads (% of total roads) 74.5 77.6 87.0
Electric power consumption (kWh per capita) 5,907 8,502 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 57.0 93.8 106.1
Internet users (per 100 people) 40.5 75.8 69.1

118 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Kosovo
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.7 1.8 3,703
Labor force (millions) .. .. 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) .. .. 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 8.3
Agriculture value added (% of GDP) .. 12.0 13.4
Industry value added (% of GDP) .. 20.0 41.1
Manufacturing value added (% of GDP) .. 16.2 26.6
Services value added (% of GDP) .. 68.0 45.5
Inflation (annual % change in consumer price index) .. 9.4
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. 14.2 35.4
Imports of goods and services (% of GDP) .. 56.9 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 113
Time to start a business (days) .. 52 34
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 30.0 58.6
Closing a business (years to resolve insolvency) .. 2.0 3.3
Total tax rate (% of profit) .. 28.3 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.8
Firms expected to give gifts in meetings w/tax officials (%) .. 7.7
Firms using banks to finance investments (% of firms) .. 25.3
Delay in obtaining an electrical connection (days) .. 76.9
ISO certification ownership (% of firms) .. 7.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) .. 27.2 34.5
Gross fixed private capital formation (% of GDP) .. 18.7 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. 3.7 4.4
Domestic credit to the private sector (% of GDP) .. 34.3 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 42.8
Mobile cellular subscriptions (per 100 people) .. .. 47.0
Internet users (per 100 people) .. .. 13.9

The Little Data Book on Private Sector Development 2010 119


Kuwait High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.2 2.7 1,069
Labor force (millions) 1.1 1.4 502
Unemployment rate (% of labor force) 0.8 1.7 5.9
GNI per capita, World Bank Atlas method ($) 16,790 43,930 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.8 8.4 2.3
Agriculture value added (% of GDP) 0.4 0.5 1.5
Industry value added (% of GDP) 59.2 51.0 25.7
Manufacturing value added (% of GDP) 2.6 2.3 16.8
Services value added (% of GDP) 40.5 48.5 72.8
Inflation (annual % change in consumer price index) 2.5 10.6
Exchange rate (local currency units per $) 0.3 0.3
Exports of goods and services (% of GDP) 56.5 66.4 28.1
Imports of goods and services (% of GDP) 30.1 25.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 61
Time to start a business (days) .. 35 19
Procedures to start a business (number) .. 13 6
Firing cost (weeks of wages) .. 78.0 39.3
Closing a business (years to resolve insolvency) .. 4.2 2.1
Total tax rate (% of profit) .. 15.5 39.2
Highest marginal tax rate, corporate (%) 55 15
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.0 0.0 2.8
Gross fixed capital formation (% of GDP) 10.7 18.9 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –9.4 23.4 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 77.5 60.7 99.4
Total financial system deposits (% of GDP) 64.6 52.0 ..
Bank capital to asset ratio (%) 11.5 11.6 6.3
Bank nonperforming loans to total gross loans ratio (%) 19.2 3.1 1.9
Domestic credit to the private sector (% of GDP) 48.7 66.4 155.9
Real interest rate (%) –9.7 2.5
Interest rate spread (percentage points) 3.0 2.8 3.9

Infrastructure
Paved roads (% of total roads) 80.6 85.0 87.0
Electric power consumption (kWh per capita) 13,378 16,198 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 21.7 106.6 106.1
Internet users (per 100 people) 6.8 36.7 69.1

120 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Kyrgyz Republic Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.9 5.3 976
Labor force (millions) 2.1 2.5 441
Unemployment rate (% of labor force) 12.5 8.3 ..
GNI per capita, World Bank Atlas method ($) 280 780 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.4 4.4 5.8
Agriculture value added (% of GDP) 36.7 29.8 25.0
Industry value added (% of GDP) 31.4 19.7 28.5
Manufacturing value added (% of GDP) 19.5 13.0 14.3
Services value added (% of GDP) 31.9 50.6 46.5
Inflation (annual % change in consumer price index) 18.7 24.5
Exchange rate (local currency units per $) 47.7 36.6
Exports of goods and services (% of GDP) 41.8 56.5 33.9
Imports of goods and services (% of GDP) 47.6 93.6 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 41
Time to start a business (days) .. 11 44
Procedures to start a business (number) .. 3 9
Firing cost (weeks of wages) .. 17.0 68.7
Closing a business (years to resolve insolvency) .. 4.0 3.8
Total tax rate (% of profit) .. 59.4 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. 1.2 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 5.2 4.9
Firms expected to give gifts in meetings w/tax officials (%) 80.3 39.1
Firms using banks to finance investments (% of firms) 5.9 17.9
Delay in obtaining an electrical connection (days) 5.2 25.2
ISO certification ownership (% of firms) 14.3 16.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 75 7,503
Private foreign direct investment, net (% of GDP) –0.2 4.6 5.1
Gross fixed capital formation (% of GDP) 18.3 22.7 26.0
Gross fixed private capital formation (% of GDP) 10.5 18.6 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –2.9 0.0 ..
Government debt (% of GDP) 114.5 .. ..
Deposit money banks’ assets (% of GDP) 4.2 12.2 40.6
Total financial system deposits (% of GDP) 4.9 10.2 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 4.2 15.1 36.5
Real interest rate (%) 19.5 –1.1
Interest rate spread (percentage points) 33.5 15.9 10.8

Infrastructure
Paved roads (% of total roads) 91.1 .. 12.1
Electric power consumption (kWh per capita) 1,904 1,772 324
Power outages in a typical month (number) .. 5.7
Mobile cellular subscriptions (per 100 people) 0.2 64.3 28.5
Internet users (per 100 people) 1.0 16.1 4.6

The Little Data Book on Private Sector Development 2010 121


Lao PDR
East Asia & Pacific Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.4 6.2 976
Labor force (millions) 2.5 3.0 441
Unemployment rate (% of labor force) .. 1.4 ..
GNI per capita, World Bank Atlas method ($) 280 760 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.1 6.9 5.8
Agriculture value added (% of GDP) 52.5 34.7 25.0
Industry value added (% of GDP) 22.9 28.2 28.5
Manufacturing value added (% of GDP) 17.0 9.3 14.3
Services value added (% of GDP) 24.6 37.1 46.5
Inflation (annual % change in consumer price index) 25.1 7.6
Exchange rate (local currency units per $) 7,887.6 8,744.1
Exports of goods and services (% of GDP) 30.0 32.7 33.9
Imports of goods and services (% of GDP) 44.1 44.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 167
Time to start a business (days) .. 100 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 162.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 33.7 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 1.6
Firms expected to give gifts in meetings w/tax officials (%) .. 26.2
Firms using banks to finance investments (% of firms) .. 0.0
Delay in obtaining an electrical connection (days) .. 58.8
ISO certification ownership (% of firms) .. 7.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 665 7,503
Private foreign direct investment, net (% of GDP) 2.0 4.1 5.1
Gross fixed capital formation (% of GDP) 28.3 37.1 26.0
Gross fixed private capital formation (% of GDP) 14.7 32.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.9 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 8.8 8.6 40.6
Total financial system deposits (% of GDP) 13.6 17.5 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 8.9 9.5 36.5
Real interest rate (%) 5.5 14.6
Interest rate spread (percentage points) 20.0 23.5 10.8

Infrastructure
Paved roads (% of total roads) 44.5 13.4 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 1.5
Mobile cellular subscriptions (per 100 people) 0.2 32.6 28.5
Internet users (per 100 people) 0.1 8.5 4.6

122 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Latvia
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.4 2.3 949
Labor force (millions) 1.1 1.2 432
Unemployment rate (% of labor force) 13.9 7.5 8.0
GNI per capita, World Bank Atlas method ($) 3,220 11,860 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.7 8.2 4.6
Agriculture value added (% of GDP) 4.6 3.1 6.1
Industry value added (% of GDP) 23.6 22.7 33.7
Manufacturing value added (% of GDP) 13.7 10.6 17.3
Services value added (% of GDP) 71.8 74.2 60.2
Inflation (annual % change in consumer price index) 2.6 15.4
Exchange rate (local currency units per $) 0.6 0.5
Exports of goods and services (% of GDP) 41.6 41.8 27.8
Imports of goods and services (% of GDP) 48.7 54.9 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 27
Time to start a business (days) .. 16 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 17.0 37.4
Closing a business (years to resolve insolvency) .. 3.0 2.9
Total tax rate (% of profit) .. 33.0 44.3
Highest marginal tax rate, corporate (%) 25 15
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) 4.1 7.6 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 6.0 9.7
Firms expected to give gifts in meetings w/tax officials (%) 38.2 4.4
Firms using banks to finance investments (% of firms) 30.8 37.3
Delay in obtaining an electrical connection (days) 5.2 93.2
ISO certification ownership (% of firms) 13.0 18.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 229 145 82,923
Private foreign direct investment, net (% of GDP) 5.3 4.0 3.6
Gross fixed capital formation (% of GDP) 24.2 30.2 21.9
Gross fixed private capital formation (% of GDP) 20.5 30.2 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.2 –2.6 ..
Government debt (% of GDP) 12.0 22.8 ..
Deposit money banks’ assets (% of GDP) 20.8 120.5 51.2
Total financial system deposits (% of GDP) 16.3 44.5 39.9
Bank capital to asset ratio (%) 8.5 7.3 9.4
Bank nonperforming loans to total gross loans ratio (%) 4.6 3.6 3.6
Domestic credit to the private sector (% of GDP) 19.2 90.2 44.6
Real interest rate (%) 7.4 –2.9
Interest rate spread (percentage points) 7.5 5.5 6.2

Infrastructure
Paved roads (% of total roads) 100.0 100.0 41.8
Electric power consumption (kWh per capita) 2,078 3,064 3,052
Power outages in a typical month (number) .. 0.7
Mobile cellular subscriptions (per 100 people) 16.9 98.6 95.3
Internet users (per 100 people) 6.3 60.4 30.6

The Little Data Book on Private Sector Development 2010 123


Lebanon
Middle East & North Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.8 4.2 949
Labor force (millions) 1.2 1.4 432
Unemployment rate (% of labor force) 8.5 8.1 8.0
GNI per capita, World Bank Atlas method ($) 4,690 6,780 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.2 4.0 4.6
Agriculture value added (% of GDP) 7.1 5.3 6.1
Industry value added (% of GDP) 22.8 21.3 33.7
Manufacturing value added (% of GDP) 13.0 10.0 17.3
Services value added (% of GDP) 70.1 73.5 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1,507.5 1,507.5
Exports of goods and services (% of GDP) 14.2 27.2 27.8
Imports of goods and services (% of GDP) 35.9 56.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 108
Time to start a business (days) .. 9 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 17.0 37.4
Closing a business (years to resolve insolvency) .. 4.0 2.9
Total tax rate (% of profit) .. 30.2 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) 0.7 0.4 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 12.0
Firms expected to give gifts in meetings w/tax officials (%) .. 23.7
Firms using banks to finance investments (% of firms) .. 53.5
Delay in obtaining an electrical connection (days) .. 71.6
ISO certification ownership (% of firms) .. 20.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 196 3 82,923
Private foreign direct investment, net (% of GDP) 5.6 12.3 3.6
Gross fixed capital formation (% of GDP) 21.0 30.7 21.9
Gross fixed private capital formation (% of GDP) 16.6 28.9 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –18.4 –10.0 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) 6.4 7.8 9.4
Bank nonperforming loans to total gross loans ratio (%) 7.8 7.5 3.6
Domestic credit to the private sector (% of GDP) 87.9 75.9 44.6
Real interest rate (%) 20.7 2.1
Interest rate spread (percentage points) 6.9 2.3 6.2

Infrastructure
Paved roads (% of total roads) 84.9 .. 41.8
Electric power consumption (kWh per capita) 2,081 2,154 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 19.7 34.0 95.3
Internet users (per 100 people) 8.0 22.5 30.6

124 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Lesotho
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.9 2.0 3,703
Labor force (millions) 0.81 0.92 1,728
Unemployment rate (% of labor force) 27.3 .. 5.5
GNI per capita, World Bank Atlas method ($) 570 1,060 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.5 3.9 8.3
Agriculture value added (% of GDP) 11.7 7.2 13.4
Industry value added (% of GDP) 28.4 34.8 41.1
Manufacturing value added (% of GDP) 12.2 16.0 26.6
Services value added (% of GDP) 59.9 58.0 45.5
Inflation (annual % change in consumer price index) 6.1 10.7
Exchange rate (local currency units per $) 6.9 8.3
Exports of goods and services (% of GDP) 32.6 47.3 35.4
Imports of goods and services (% of GDP) 98.5 110.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 130
Time to start a business (days) .. 40 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 44.0 58.6
Closing a business (years to resolve insolvency) .. 2.6 3.3
Total tax rate (% of profit) .. 18.5 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.6
Firms expected to give gifts in meetings w/tax officials (%) .. 9.2
Firms using banks to finance investments (% of firms) .. 32.7
Delay in obtaining an electrical connection (days) .. 13.9
ISO certification ownership (% of firms) .. 24.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 3 9 31,715
Private foreign direct investment, net (% of GDP) 15.0 13.4 3.4
Gross fixed capital formation (% of GDP) 40.4 28.3 34.5
Gross fixed private capital formation (% of GDP) 31.7 17.5 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.7 5.7 –1.5
Government debt (% of GDP) 73.1 .. ..
Deposit money banks’ assets (% of GDP) .. 13.6 98.1
Total financial system deposits (% of GDP) .. 25.8 48.0
Bank capital to asset ratio (%) .. 7.9 10.2
Bank nonperforming loans to total gross loans ratio (%) .. 3.5 4.4
Domestic credit to the private sector (% of GDP) 15.6 10.9 82.6
Real interest rate (%) 11.1 6.0
Interest rate spread (percentage points) 12.2 8.5 6.6

Infrastructure
Paved roads (% of total roads) 18.3 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 6.8
Mobile cellular subscriptions (per 100 people) 1.1 28.3 47.0
Internet users (per 100 people) 0.2 3.6 13.9

The Little Data Book on Private Sector Development 2010 125


Liberia
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.8 3.8 976
Labor force (millions) 1.1 1.5 441
Unemployment rate (% of labor force) .. 5.6 ..
GNI per capita, World Bank Atlas method ($) 140 170 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 38.9 –1.1 5.8
Agriculture value added (% of GDP) 72.0 61.3 25.0
Industry value added (% of GDP) 11.6 16.8 28.5
Manufacturing value added (% of GDP) 9.5 12.7 14.3
Services value added (% of GDP) 16.4 21.9 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 41.0 63.2
Exports of goods and services (% of GDP) 21.5 31.1 33.9
Imports of goods and services (% of GDP) 26.0 172.6 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 149
Time to start a business (days) .. 20 44
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. 84.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 43.7 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.5
Firms expected to give gifts in meetings w/tax officials (%) .. 54.4
Firms using banks to finance investments (% of firms) .. 10.1
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. 2.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 22 7,503
Private foreign direct investment, net (% of GDP) 3.7 17.1 5.1
Gross fixed capital formation (% of GDP) 4.9 16.4 26.0
Gross fixed private capital formation (% of GDP) 2.0 4.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 3.1 12.5 36.5
Real interest rate (%) 22.1 3.6
Interest rate spread (percentage points) 14.3 11.3 10.8

Infrastructure
Paved roads (% of total roads) 6.2 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 5.4
Mobile cellular subscriptions (per 100 people) 0.1 19.3 28.5
Internet users (per 100 people) 0.0 0.5 4.6

126 2010 The Little Data Book on Private Sector Development


Middle East & North Africa
Libya
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.3 6.3 949
Labor force (millions) 1.8 2.3 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) 4,610 12,380 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 5.6 4.6
Agriculture value added (% of GDP) 5.2 1.9 6.1
Industry value added (% of GDP) 66.1 78.2 33.7
Manufacturing value added (% of GDP) 3.1 4.5 17.3
Services value added (% of GDP) 28.7 19.9 60.2
Inflation (annual % change in consumer price index) –2.9 10.4
Exchange rate (local currency units per $) 0.5 1.2
Exports of goods and services (% of GDP) 35.6 67.4 27.8
Imports of goods and services (% of GDP) 15.5 27.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 47
Procedures to start a business (number) .. .. 8
Firing cost (weeks of wages) .. .. 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. .. 44.3
Highest marginal tax rate, corporate (%) .. 40
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 82,923
Private foreign direct investment, net (% of GDP) 0.4 4.4 3.6
Gross fixed capital formation (% of GDP) 13.1 27.9 21.9
Gross fixed private capital formation (% of GDP) 2.0 5.9 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 32.1 .. 51.2
Total financial system deposits (% of GDP) 26.5 .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 27.3 6.8 44.6
Real interest rate (%) –9.6 –15.5
Interest rate spread (percentage points) 4.0 3.5 6.2

Infrastructure
Paved roads (% of total roads) 57.2 .. 41.8
Electric power consumption (kWh per capita) 2,227 3,871 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.7 76.7 95.3
Internet users (per 100 people) 0.2 5.1 30.6

The Little Data Book on Private Sector Development 2010 127


Liechtenstein High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.03 0.04 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) 79,640 97,990 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.4 1.6 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 30.4 95.4 106.1
Internet users (per 100 people) 36.5 66.0 69.1

128 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Lithuania
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.5 3.4 949
Labor force (millions) 1.7 1.6 432
Unemployment rate (% of labor force) 15.9 5.8 8.0
GNI per capita, World Bank Atlas method ($) 3,190 11,870 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.3 7.7 4.6
Agriculture value added (% of GDP) 6.3 4.4 6.1
Industry value added (% of GDP) 29.8 32.8 33.7
Manufacturing value added (% of GDP) 19.3 19.0 17.3
Services value added (% of GDP) 63.9 62.8 60.2
Inflation (annual % change in consumer price index) 1.0 10.9
Exchange rate (local currency units per $) 4.0 2.4
Exports of goods and services (% of GDP) 44.7 59.2 27.8
Imports of goods and services (% of GDP) 51.0 70.6 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 26
Time to start a business (days) .. 26 47
Procedures to start a business (number) .. 7 8
Firing cost (weeks of wages) .. 30.0 37.4
Closing a business (years to resolve insolvency) .. 1.5 2.9
Total tax rate (% of profit) .. 42.7 44.3
Highest marginal tax rate, corporate (%) .. 15
Business entry rate (new registrations as % of total) 6.8 9.8 10.8
New business density (new regis. per working-age pop.) 1.3 2.7 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 6.2 9.3
Firms expected to give gifts in meetings w/tax officials (%) 31.4 3.4
Firms using banks to finance investments (% of firms) 15.4 47.4
Delay in obtaining an electrical connection (days) 5.3 63.0
ISO certification ownership (% of firms) 14.9 15.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 388 326 82,923
Private foreign direct investment, net (% of GDP) 3.3 3.7 3.6
Gross fixed capital formation (% of GDP) 18.7 24.4 21.9
Gross fixed private capital formation (% of GDP) 16.4 22.0 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.8 –3.1 ..
Government debt (% of GDP) .. 18.4 ..
Deposit money banks’ assets (% of GDP) 18.2 62.2 51.2
Total financial system deposits (% of GDP) 15.4 32.7 39.9
Bank capital to asset ratio (%) 10.2 7.6 9.4
Bank nonperforming loans to total gross loans ratio (%) 11.3 4.6 3.6
Domestic credit to the private sector (% of GDP) 13.2 62.7 44.6
Real interest rate (%) 11.3 –1.7
Interest rate spread (percentage points) 8.3 0.8 6.2

Infrastructure
Paved roads (% of total roads) .. 28.6 41.8
Electric power consumption (kWh per capita) 2,517 3,414 3,052
Power outages in a typical month (number) .. 1.1
Mobile cellular subscriptions (per 100 people) 15.0 149.6 95.3
Internet users (per 100 people) 6.4 54.4 30.6

The Little Data Book on Private Sector Development 2010 129


Luxembourg High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.44 0.49 1,069
Labor force (millions) 0.19 0.22 502
Unemployment rate (% of labor force) 2.3 5.1 5.9
GNI per capita, World Bank Atlas method ($) 43,650 69,390 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.3 4.0 2.3
Agriculture value added (% of GDP) 0.7 0.4 1.5
Industry value added (% of GDP) 18.4 15.9 25.7
Manufacturing value added (% of GDP) 11.3 8.5 16.8
Services value added (% of GDP) 81.0 83.7 72.8
Inflation (annual % change in consumer price index) 3.1 3.4
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 150.0 179.3 28.1
Imports of goods and services (% of GDP) 129.0 150.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 64
Time to start a business (days) .. 24 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 52.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 20.9 39.2
Highest marginal tax rate, corporate (%) 37 30
Business entry rate (new registrations as % of total) 12.9 11.7 11.5
New business density (new regis. per working-age pop.) 7.9 8.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 524.9 215.6 2.8
Gross fixed capital formation (% of GDP) 20.8 20.1 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 5.5 3.2 –1.0
Government debt (% of GDP) 4.9 4.8 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 4.0 5.2 6.3
Bank nonperforming loans to total gross loans ratio (%) 0.5 0.2 1.9
Domestic credit to the private sector (% of GDP) 102.3 197.5 155.9
Real interest rate (%) 5.7 ..
Interest rate spread (percentage points) 2.0 .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 15,485 16,315 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 69.5 144.7 106.1
Internet users (per 100 people) 22.9 79.2 69.1

130 2010 The Little Data Book on Private Sector Development


Macao SAR, China High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.44 0.53 1,069
Labor force (millions) 0.22 0.33 502
Unemployment rate (% of labor force) 6.7 2.9 5.9
GNI per capita, World Bank Atlas method ($) 14,340 35,360 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) –1.1 15.2 2.3
Agriculture value added (% of GDP) 0.0 0.0 1.5
Industry value added (% of GDP) 15.7 17.7 25.7
Manufacturing value added (% of GDP) 10.1 2.8 16.8
Services value added (% of GDP) 90.3 86.0 72.8
Inflation (annual % change in consumer price index) –1.6 8.6
Exchange rate (local currency units per $) 8.0 8.0
Exports of goods and services (% of GDP) 100.4 90.4 28.1
Imports of goods and services (% of GDP) 64.6 49.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. 12
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 6.1 27.1 2.8
Gross fixed capital formation (% of GDP) 11.5 28.8 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.6 17.2 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 82.8 40.1 99.4
Total financial system deposits (% of GDP) 170.8 114.0 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 79.9 52.3 155.9
Real interest rate (%) 12.2 3.8
Interest rate spread (percentage points) 4.6 4.3 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 32.0 177.2 106.1
Internet users (per 100 people) 13.6 49.2 69.1

The Little Data Book on Private Sector Development 2010 131


Macedonia, FYR
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.0 2.0 949
Labor force (millions) 0.83 0.90 432
Unemployment rate (% of labor force) 32.2 33.8 8.0
GNI per capita, World Bank Atlas method ($) 1,840 4,130 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 3.2 4.6
Agriculture value added (% of GDP) 12.0 10.9 6.1
Industry value added (% of GDP) 33.7 34.0 33.7
Manufacturing value added (% of GDP) 20.7 21.7 17.3
Services value added (% of GDP) 54.2 55.1 60.2
Inflation (annual % change in consumer price index) 6.6 7.2
Exchange rate (local currency units per $) 65.9 41.9
Exports of goods and services (% of GDP) 48.6 52.6 27.8
Imports of goods and services (% of GDP) 63.5 78.6 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 32
Time to start a business (days) .. 4 47
Procedures to start a business (number) .. 4 8
Firing cost (weeks of wages) .. 26.0 37.4
Closing a business (years to resolve insolvency) .. 2.9 2.9
Total tax rate (% of profit) .. 16.4 44.3
Highest marginal tax rate, corporate (%) 15 10
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 9.3 14.5
Firms expected to give gifts in meetings w/tax officials (%) 36.8 8.1
Firms using banks to finance investments (% of firms) 10.0 47.0
Delay in obtaining an electrical connection (days) 11.2 27.7
ISO certification ownership (% of firms) 12.1 21.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 429 342 82,923
Private foreign direct investment, net (% of GDP) 4.9 6.3 3.6
Gross fixed capital formation (% of GDP) 16.2 23.9 21.9
Gross fixed private capital formation (% of GDP) 11.5 19.3 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.8 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) 23.1 6.8 3.6
Domestic credit to the private sector (% of GDP) 17.8 43.8 44.6
Real interest rate (%) 9.9 2.4
Interest rate spread (percentage points) 7.7 3.8 6.2

Infrastructure
Paved roads (% of total roads) 63.8 .. 41.8
Electric power consumption (kWh per capita) 2,929 3,780 3,052
Power outages in a typical month (number) .. 2.2
Mobile cellular subscriptions (per 100 people) 5.8 122.6 95.3
Internet users (per 100 people) 2.5 41.5 30.6

132 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Madagascar Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 15.3 19.1 976
Labor force (millions) 7.3 9.4 441
Unemployment rate (% of labor force) 5.8 2.6 ..
GNI per capita, World Bank Atlas method ($) 250 420 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.9 3.8 5.8
Agriculture value added (% of GDP) 29.2 25.2 25.0
Industry value added (% of GDP) 14.2 17.3 28.5
Manufacturing value added (% of GDP) 12.2 15.3 14.3
Services value added (% of GDP) 56.6 57.5 46.5
Inflation (annual % change in consumer price index) 11.9 9.2
Exchange rate (local currency units per $) 1,353.5 1,708.4
Exports of goods and services (% of GDP) 30.7 26.7 33.9
Imports of goods and services (% of GDP) 38.0 52.0 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 134
Time to start a business (days) .. 7 44
Procedures to start a business (number) .. 2 9
Firing cost (weeks of wages) .. 30.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 39.2 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 8.5 6.4 18.2
New business density (new regis. per working-age pop.) 0.1 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 17.1
Firms expected to give gifts in meetings w/tax officials (%) .. 6.8
Firms using banks to finance investments (% of firms) .. 12.2
Delay in obtaining an electrical connection (days) .. 92.1
ISO certification ownership (% of firms) .. 8.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 10 102 7,503
Private foreign direct investment, net (% of GDP) 2.1 15.6 5.1
Gross fixed capital formation (% of GDP) 15.0 35.6 26.0
Gross fixed private capital formation (% of GDP) 8.3 25.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –2.0 –2.7 ..
Government debt (% of GDP) 111.9 .. ..
Deposit money banks’ assets (% of GDP) 10.1 11.3 40.6
Total financial system deposits (% of GDP) 13.0 14.8 26.3
Bank capital to asset ratio (%) 7.1 .. ..
Bank nonperforming loans to total gross loans ratio (%) 8.6 .. ..
Domestic credit to the private sector (% of GDP) 8.8 11.1 36.5
Real interest rate (%) 18.0 32.5
Interest rate spread (percentage points) 11.5 33.5 10.8

Infrastructure
Paved roads (% of total roads) 11.6 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 13.6
Mobile cellular subscriptions (per 100 people) 0.4 25.3 28.5
Internet users (per 100 people) 0.2 1.7 4.6

The Little Data Book on Private Sector Development 2010 133


Malawi
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 11.8 14.8 976
Labor force (millions) 5.0 6.1 441
Unemployment rate (% of labor force) .. 7.8 ..
GNI per capita, World Bank Atlas method ($) 150 280 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.8 4.2 5.8
Agriculture value added (% of GDP) 39.5 34.3 25.0
Industry value added (% of GDP) 17.9 20.6 28.5
Manufacturing value added (% of GDP) 12.9 14.2 14.3
Services value added (% of GDP) 42.5 45.1 46.5
Inflation (annual % change in consumer price index) 29.6 8.7
Exchange rate (local currency units per $) 59.5 140.5
Exports of goods and services (% of GDP) 25.6 22.6 33.9
Imports of goods and services (% of GDP) 35.3 25.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 132
Time to start a business (days) .. 39 44
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 84.0 68.7
Closing a business (years to resolve insolvency) .. 2.6 3.8
Total tax rate (% of profit) .. 25.8 74.4
Highest marginal tax rate, corporate (%) 38 ..
Business entry rate (new registrations as % of total) 5.1 7.5 18.2
New business density (new regis. per working-age pop.) 0.0 0.1 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 3.5
Firms expected to give gifts in meetings w/tax officials (%) .. 11.4
Firms using banks to finance investments (% of firms) .. 20.6
Delay in obtaining an electrical connection (days) .. 59.2
ISO certification ownership (% of firms) .. 17.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 57 7,503
Private foreign direct investment, net (% of GDP) 1.5 0.9 5.1
Gross fixed capital formation (% of GDP) 12.3 24.2 26.0
Gross fixed private capital formation (% of GDP) 2.3 15.7 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 7.6 11.1 40.6
Total financial system deposits (% of GDP) 15.0 20.2 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 9.1 11.4 36.5
Real interest rate (%) 17.3 15.0
Interest rate spread (percentage points) 19.9 21.7 10.8

Infrastructure
Paved roads (% of total roads) 19.0 45.0 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 1.0
Mobile cellular subscriptions (per 100 people) 0.4 12.0 28.5
Internet users (per 100 people) 0.1 2.1 4.6

134 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Malaysia
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 23.3 27.0 949
Labor force (millions) 9.7 11.7 432
Unemployment rate (% of labor force) 3.0 3.2 8.0
GNI per capita, World Bank Atlas method ($) 3,450 7,250 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.7 5.5 4.6
Agriculture value added (% of GDP) 0.9 10.2 6.1
Industry value added (% of GDP) 48.3 47.7 33.7
Manufacturing value added (% of GDP) 30.9 28.0 17.3
Services value added (% of GDP) 50.8 42.0 60.2
Inflation (annual % change in consumer price index) 1.5 5.4
Exchange rate (local currency units per $) 3.8 3.3
Exports of goods and services (% of GDP) 119.8 110.2 27.8
Imports of goods and services (% of GDP) 100.6 89.9 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 23
Time to start a business (days) .. 11 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 75.0 37.4
Closing a business (years to resolve insolvency) .. 2.3 2.9
Total tax rate (% of profit) .. 34.2 44.3
Highest marginal tax rate, corporate (%) 28 26
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) 2.5 2.8 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 7.3 7.8
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) 48.6 48.6
Delay in obtaining an electrical connection (days) .. 10.7
ISO certification ownership (% of firms) 31.4 54.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5,511 837 82,923
Private foreign direct investment, net (% of GDP) 4.0 3.3 3.6
Gross fixed capital formation (% of GDP) 25.3 21.7 21.9
Gross fixed private capital formation (% of GDP) 13.4 11.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –3.0 –4.1 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 131.0 105.3 51.2
Total financial system deposits (% of GDP) 107.6 108.2 39.9
Bank capital to asset ratio (%) 8.5 8.0 9.4
Bank nonperforming loans to total gross loans ratio (%) 15.4 4.8 3.6
Domestic credit to the private sector (% of GDP) 171.3 100.6 44.6
Real interest rate (%) –1.1 –3.8
Interest rate spread (percentage points) 4.3 3.0 6.2

Infrastructure
Paved roads (% of total roads) 76.2 79.8 41.8
Electric power consumption (kWh per capita) 2,743 3,667 3,052
Power outages in a typical month (number) .. 0.8
Mobile cellular subscriptions (per 100 people) 22.0 102.6 95.3
Internet users (per 100 people) 21.4 55.8 30.6

The Little Data Book on Private Sector Development 2010 135


Maldives
South Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.27 0.31 3,703
Labor force (millions) 0.09 0.14 1,728
Unemployment rate (% of labor force) 2.0 14.4 5.5
GNI per capita, World Bank Atlas method ($) 2,150 3,640 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 8.5 6.9 8.3
Agriculture value added (% of GDP) .. 6.2 13.4
Industry value added (% of GDP) .. 17.7 41.1
Manufacturing value added (% of GDP) .. 6.6 26.6
Services value added (% of GDP) .. 76.1 45.5
Inflation (annual % change in consumer price index) .. 12.3
Exchange rate (local currency units per $) 11.8 12.8
Exports of goods and services (% of GDP) 89.5 83.5 35.4
Imports of goods and services (% of GDP) 71.6 110.1 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 87
Time to start a business (days) .. 9 34
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. 9.0 58.6
Closing a business (years to resolve insolvency) .. 6.7 3.3
Total tax rate (% of profit) .. 9.1 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. 2.7 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2 40 31,715
Private foreign direct investment, net (% of GDP) 2.1 1.2 3.4
Gross fixed capital formation (% of GDP) 26.3 53.5 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –5.0 –13.7 –1.5
Government debt (% of GDP) 40.9 53.8 ..
Deposit money banks’ assets (% of GDP) .. 102.2 98.1
Total financial system deposits (% of GDP) .. 62.0 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 19.1 100.6 82.6
Real interest rate (%) 11.7 –0.5
Interest rate spread (percentage points) 6.1 6.5 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 2.8 142.8 47.0
Internet users (per 100 people) 2.2 23.5 13.9

136 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Mali
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.5 12.7 976
Labor force (millions) 3.0 3.7 441
Unemployment rate (% of labor force) 3.3 8.8 ..
GNI per capita, World Bank Atlas method ($) 250 580 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.5 5.2 5.8
Agriculture value added (% of GDP) 41.6 36.5 25.0
Industry value added (% of GDP) 20.6 24.2 28.5
Manufacturing value added (% of GDP) 3.8 3.1 14.3
Services value added (% of GDP) 37.9 39.1 46.5
Inflation (annual % change in consumer price index) –0.7 9.2
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 26.8 27.3 33.9
Imports of goods and services (% of GDP) 39.4 37.1 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 156
Time to start a business (days) .. 15 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 31.0 68.7
Closing a business (years to resolve insolvency) .. 3.6 3.8
Total tax rate (% of profit) .. 52.1 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.4
Firms expected to give gifts in meetings w/tax officials (%) .. 31.1
Firms using banks to finance investments (% of firms) .. 7.0
Delay in obtaining an electrical connection (days) .. 48.4
ISO certification ownership (% of firms) .. 8.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 366 67 7,503
Private foreign direct investment, net (% of GDP) 3.4 1.5 5.1
Gross fixed capital formation (% of GDP) 24.6 23.3 26.0
Gross fixed private capital formation (% of GDP) 15.9 14.6 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –3.4 –5.6 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 15.8 17.3 40.6
Total financial system deposits (% of GDP) 13.1 17.2 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 16.6 17.1 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 12.1 18.0 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 4.2
Mobile cellular subscriptions (per 100 people) 0.1 27.1 28.5
Internet users (per 100 people) 0.1 1.6 4.6

The Little Data Book on Private Sector Development 2010 137


Malta High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.39 0.41 1,069
Labor force (millions) 0.16 0.17 502
Unemployment rate (% of labor force) 6.3 6.0 5.9
GNI per capita, World Bank Atlas method ($) 9,670 16,690 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 1.6 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) 2.4 4.3
Exchange rate (local currency units per $) 0.4 0.3
Exports of goods and services (% of GDP) 92.1 87.7 28.1
Imports of goods and services (% of GDP) 102.7 89.9 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. 35
Business entry rate (new registrations as % of total) 7.9 8.9 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 15.4 12.7 2.8
Gross fixed capital formation (% of GDP) 23.1 19.4 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.2 –1.0
Government debt (% of GDP) .. 72.6 43.4
Deposit money banks’ assets (% of GDP) 129.0 135.7 99.4
Total financial system deposits (% of GDP) 122.5 139.7 ..
Bank capital to asset ratio (%) .. 12.6 6.3
Bank nonperforming loans to total gross loans ratio (%) .. 1.6 1.9
Domestic credit to the private sector (% of GDP) 106.9 118.5 155.9
Real interest rate (%) –2.7 3.7
Interest rate spread (percentage points) 2.4 2.6 3.9

Infrastructure
Paved roads (% of total roads) 88.0 87.5 87.0
Electric power consumption (kWh per capita) 4,313 4,845 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 29.3 93.6 106.1
Internet users (per 100 people) 13.1 48.3 69.1

138 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Marshall Islands Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.05 0.06 3,703
Labor force (millions) .. .. 1,728
Unemployment rate (% of labor force) 30.9 .. 5.5
GNI per capita, World Bank Atlas method ($) 2,420 3,270 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –3.7 2.9 8.3
Agriculture value added (% of GDP) 9.4 .. 13.4
Industry value added (% of GDP) 18.6 .. 41.1
Manufacturing value added (% of GDP) 3.7 .. 26.6
Services value added (% of GDP) 72.1 .. 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 35.4
Imports of goods and services (% of GDP) .. .. 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 98
Time to start a business (days) .. 17 34
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. .. 58.6
Closing a business (years to resolve insolvency) .. 2.0 3.3
Total tax rate (% of profit) .. 64.9 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) .. .. 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.9 1.7 47.0
Internet users (per 100 people) 1.6 3.7 13.9

The Little Data Book on Private Sector Development 2010 139


Mauritania
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.6 3.2 976
Labor force (millions) 1.0 1.4 441
Unemployment rate (% of labor force) 20.6 33.0 ..
GNI per capita, World Bank Atlas method ($) 460 840 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.3 5.1 5.8
Agriculture value added (% of GDP) 27.6 12.5 25.0
Industry value added (% of GDP) 29.7 46.7 28.5
Manufacturing value added (% of GDP) 9.0 5.0 14.3
Services value added (% of GDP) 42.6 40.7 46.5
Inflation (annual % change in consumer price index) 3.3 7.3
Exchange rate (local currency units per $) 238.9 258.6
Exports of goods and services (% of GDP) 46.2 57.7 33.9
Imports of goods and services (% of GDP) 74.2 64.9 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 166
Time to start a business (days) .. 19 44
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 31.0 68.7
Closing a business (years to resolve insolvency) .. 8.0 3.8
Total tax rate (% of profit) .. 86.1 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.8
Firms expected to give gifts in meetings w/tax officials (%) .. 48.2
Firms using banks to finance investments (% of firms) .. 3.2
Delay in obtaining an electrical connection (days) .. 7.5
ISO certification ownership (% of firms) .. 5.9

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 43 40 7,503
Private foreign direct investment, net (% of GDP) 3.7 3.6 5.1
Gross fixed capital formation (% of GDP) 19.4 25.9 26.0
Gross fixed private capital formation (% of GDP) 14.8 21.3 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 22.0 27.5 40.6
Total financial system deposits (% of GDP) 9.5 11.2 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 23.1 27.0 36.5
Real interest rate (%) 23.9 26.7
Interest rate spread (percentage points) 16.2 15.5 10.8

Infrastructure
Paved roads (% of total roads) 11.3 26.8 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 3.7
Mobile cellular subscriptions (per 100 people) 0.6 65.1 28.5
Internet users (per 100 people) 0.2 1.9 4.6

140 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Mauritius
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.2 1.3 949
Labor force (millions) 0.53 0.57 432
Unemployment rate (% of labor force) 8.8 7.3 8.0
GNI per capita, World Bank Atlas method ($) 3,870 6,700 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.5 3.7 4.6
Agriculture value added (% of GDP) 7.0 4.4 6.1
Industry value added (% of GDP) 31.0 29.1 33.7
Manufacturing value added (% of GDP) 23.5 20.0 17.3
Services value added (% of GDP) 62.1 66.5 60.2
Inflation (annual % change in consumer price index) 4.2 9.7
Exchange rate (local currency units per $) 26.2 28.5
Exports of goods and services (% of GDP) 61.4 53.0 27.8
Imports of goods and services (% of GDP) 61.9 67.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 17
Time to start a business (days) .. 6 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 4.0 37.4
Closing a business (years to resolve insolvency) .. 1.7 2.9
Total tax rate (% of profit) .. 22.9 44.3
Highest marginal tax rate, corporate (%) 35 15
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.4
Firms expected to give gifts in meetings w/tax officials (%) .. 0.3
Firms using banks to finance investments (% of firms) .. 37.5
Delay in obtaining an electrical connection (days) .. 18.7
ISO certification ownership (% of firms) .. 11.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 338 41 82,923
Private foreign direct investment, net (% of GDP) 5.8 4.1 3.6
Gross fixed capital formation (% of GDP) 22.9 24.6 21.9
Gross fixed private capital formation (% of GDP) 16.5 20.4 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –1.1 0.6 ..
Government debt (% of GDP) 32.7 36.1 ..
Deposit money banks’ assets (% of GDP) 68.4 102.2 51.2
Total financial system deposits (% of GDP) 70.4 92.2 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 57.5 87.7 44.6
Real interest rate (%) 18.3 12.9
Interest rate spread (percentage points) 11.2 11.4 6.2

Infrastructure
Paved roads (% of total roads) 97.0 98.0 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. 3.2
Mobile cellular subscriptions (per 100 people) 15.2 81.4 95.3
Internet users (per 100 people) 7.3 22.2 30.6

The Little Data Book on Private Sector Development 2010 141


Mayotte
Sub-Saharan Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.16 0.19 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) .. .. 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 4.6
Agriculture value added (% of GDP) .. .. 6.1
Industry value added (% of GDP) .. .. 33.7
Manufacturing value added (% of GDP) .. .. 17.3
Services value added (% of GDP) .. .. 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 27.8
Imports of goods and services (% of GDP) .. .. 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 47
Procedures to start a business (number) .. .. 8
Firing cost (weeks of wages) .. .. 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. .. 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 82,923
Private foreign direct investment, net (% of GDP) .. .. 3.6
Gross fixed capital formation (% of GDP) .. .. 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) .. .. 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) .. .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 12.7 28.0 95.3
Internet users (per 100 people) .. .. 30.6

142 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Mexico
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 98.0 106.4 949
Labor force (millions) 39.5 46.7 432
Unemployment rate (% of labor force) 2.6 4.0 8.0
GNI per capita, World Bank Atlas method ($) 5,110 9,990 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.4 2.7 4.6
Agriculture value added (% of GDP) 4.2 3.8 6.1
Industry value added (% of GDP) 28.0 37.1 33.7
Manufacturing value added (% of GDP) 20.3 18.8 17.3
Services value added (% of GDP) 67.8 59.1 60.2
Inflation (annual % change in consumer price index) 9.5 5.1
Exchange rate (local currency units per $) 9.5 11.1
Exports of goods and services (% of GDP) 30.9 28.3 27.8
Imports of goods and services (% of GDP) 32.9 30.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 51
Time to start a business (days) .. 13 47
Procedures to start a business (number) .. 8 8
Firing cost (weeks of wages) .. 52.0 37.4
Closing a business (years to resolve insolvency) .. 1.8 2.9
Total tax rate (% of profit) .. 51.0 44.3
Highest marginal tax rate, corporate (%) 35 28
Business entry rate (new registrations as % of total) .. 7.1 10.8
New business density (new regis. per working-age pop.) .. 4.7 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 20.5
Firms expected to give gifts in meetings w/tax officials (%) .. 9.6
Firms using banks to finance investments (% of firms) .. 2.6
Delay in obtaining an electrical connection (days) .. 8.3
ISO certification ownership (% of firms) .. 20.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5,277 5,504 82,923
Private foreign direct investment, net (% of GDP) 3.1 2.1 3.6
Gross fixed capital formation (% of GDP) 21.4 22.1 21.9
Gross fixed private capital formation (% of GDP) 17.8 16.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –1.2 .. ..
Government debt (% of GDP) 23.2 .. ..
Deposit money banks’ assets (% of GDP) 32.7 30.5 51.2
Total financial system deposits (% of GDP) 24.6 21.7 39.9
Bank capital to asset ratio (%) 9.6 9.6 9.4
Bank nonperforming loans to total gross loans ratio (%) 5.8 3.2 3.6
Domestic credit to the private sector (% of GDP) 18.3 21.1 44.6
Real interest rate (%) 4.3 2.1
Interest rate spread (percentage points) 8.7 5.7 6.2

Infrastructure
Paved roads (% of total roads) 32.8 38.2 41.8
Electric power consumption (kWh per capita) 1,794 2,036 3,052
Power outages in a typical month (number) .. 2.4
Mobile cellular subscriptions (per 100 people) 14.4 70.8 95.3
Internet users (per 100 people) 5.2 22.2 30.6

The Little Data Book on Private Sector Development 2010 143


Micronesia, Fed. Sts.
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.11 0.11 3,703
Labor force (millions) .. .. 1,728
Unemployment rate (% of labor force) 22.0 .. 5.5
GNI per capita, World Bank Atlas method ($) 2,270 2,460 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.3 0.0 8.3
Agriculture value added (% of GDP) .. .. 13.4
Industry value added (% of GDP) .. .. 41.1
Manufacturing value added (% of GDP) .. .. 26.6
Services value added (% of GDP) .. .. 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) .. .. 35.4
Imports of goods and services (% of GDP) .. .. 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 127
Time to start a business (days) .. 16 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. .. 58.6
Closing a business (years to resolve insolvency) .. 5.3 3.3
Total tax rate (% of profit) .. 58.7 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. 67.1
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 31.7 20.3 82.6
Real interest rate (%) 14.1 9.2
Interest rate spread (percentage points) 10.7 11.9 6.6

Infrastructure
Paved roads (% of total roads) 17.5 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 30.8 47.0
Internet users (per 100 people) 3.7 14.5 13.9

144 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Moldova
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.1 3.6 3,703
Labor force (millions) 1.9 1.5 1,728
Unemployment rate (% of labor force) 8.5 4.0 5.5
GNI per capita, World Bank Atlas method ($) 370 1,500 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –2.6 6.3 8.3
Agriculture value added (% of GDP) 29.0 10.9 13.4
Industry value added (% of GDP) 21.7 14.7 41.1
Manufacturing value added (% of GDP) 16.3 14.1 26.6
Services value added (% of GDP) 49.2 74.5 45.5
Inflation (annual % change in consumer price index) 31.3 12.8
Exchange rate (local currency units per $) 12.4 10.4
Exports of goods and services (% of GDP) 49.8 40.7 35.4
Imports of goods and services (% of GDP) 75.4 91.5 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 94
Time to start a business (days) .. 10 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 37.0 58.6
Closing a business (years to resolve insolvency) .. 2.8 3.3
Total tax rate (% of profit) .. 31.1 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 8.6 9.3 8.8
New business density (new regis. per working-age pop.) 1.2 2.2 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 7.0 7.0
Firms expected to give gifts in meetings w/tax officials (%) 73.3 15.5
Firms using banks to finance investments (% of firms) 28.0 30.8
Delay in obtaining an electrical connection (days) 19.1 24.3
ISO certification ownership (% of firms) 8.8 9.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 25 141 31,715
Private foreign direct investment, net (% of GDP) 9.9 11.7 3.4
Gross fixed capital formation (% of GDP) 15.4 34.1 34.5
Gross fixed private capital formation (% of GDP) 13.8 32.1 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –1.5 –0.4 –1.5
Government debt (% of GDP) 73.0 18.5 ..
Deposit money banks’ assets (% of GDP) 14.1 33.1 98.1
Total financial system deposits (% of GDP) 11.0 32.4 48.0
Bank capital to asset ratio (%) 30.6 17.0 10.2
Bank nonperforming loans to total gross loans ratio (%) 20.6 5.2 4.4
Domestic credit to the private sector (% of GDP) 12.7 36.5 82.6
Real interest rate (%) 5.1 10.3
Interest rate spread (percentage points) 8.9 3.1 6.6

Infrastructure
Paved roads (% of total roads) 86.1 85.7 37.6
Electric power consumption (kWh per capita) 892 1,319 1,310
Power outages in a typical month (number) .. 1.7
Mobile cellular subscriptions (per 100 people) 3.4 66.7 47.0
Internet users (per 100 people) 1.3 23.4 13.9

The Little Data Book on Private Sector Development 2010 145


Monaco High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.03 0.03 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 3.6 .. 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 106.1
Internet users (per 100 people) .. .. 69.1

146 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Mongolia
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.4 2.6 3,703
Labor force (millions) 1.1 1.4 1,728
Unemployment rate (% of labor force) 17.5 2.8 5.5
GNI per capita, World Bank Atlas method ($) 410 1,670 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 7.8 8.3
Agriculture value added (% of GDP) 32.7 21.1 13.4
Industry value added (% of GDP) 20.3 39.8 41.1
Manufacturing value added (% of GDP) 4.6 4.5 26.6
Services value added (% of GDP) 47.0 39.2 45.5
Inflation (annual % change in consumer price index) 11.6 25.1
Exchange rate (local currency units per $) 1,076.7 1,165.7
Exports of goods and services (% of GDP) 56.4 57.2 35.4
Imports of goods and services (% of GDP) 70.9 71.5 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 60
Time to start a business (days) .. 13 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 9.0 58.6
Closing a business (years to resolve insolvency) .. 4.0 3.3
Total tax rate (% of profit) .. 22.8 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 12.1
Firms expected to give gifts in meetings w/tax officials (%) .. 20.8
Firms using banks to finance investments (% of firms) .. 26.5
Delay in obtaining an electrical connection (days) .. 20.0
ISO certification ownership (% of firms) .. 16.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 11 2 31,715
Private foreign direct investment, net (% of GDP) 4.9 13.0 3.4
Gross fixed capital formation (% of GDP) 25.1 35.7 34.5
Gross fixed private capital formation (% of GDP) 22.0 32.3 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) 0.2 –3.5 –1.5
Government debt (% of GDP) 81.9 46.9 ..
Deposit money banks’ assets (% of GDP) 11.9 34.5 98.1
Total financial system deposits (% of GDP) 13.7 38.2 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 7.2 43.6 82.6
Real interest rate (%) 8.6 –1.5
Interest rate spread (percentage points) 20.2 9.4 6.6

Infrastructure
Paved roads (% of total roads) 3.5 .. 37.6
Electric power consumption (kWh per capita) 1,080 1,369 1,310
Power outages in a typical month (number) .. 2.6
Mobile cellular subscriptions (per 100 people) 6.5 66.8 47.0
Internet users (per 100 people) 1.3 12.5 13.9

The Little Data Book on Private Sector Development 2010 147


Montenegro
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.66 0.62 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) .. 30.3 8.0
GNI per capita, World Bank Atlas method ($) 1,840 6,660 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) –1.6 5.1 4.6
Agriculture value added (% of GDP) 12.5 8.8 6.1
Industry value added (% of GDP) 23.4 17.8 33.7
Manufacturing value added (% of GDP) 10.2 7.0 17.3
Services value added (% of GDP) 64.1 73.4 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 36.8 40.3 27.8
Imports of goods and services (% of GDP) 51.1 74.7 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 71
Time to start a business (days) .. 13 47
Procedures to start a business (number) .. 12 8
Firing cost (weeks of wages) .. 28.0 37.4
Closing a business (years to resolve insolvency) .. 2.0 2.9
Total tax rate (% of profit) .. 28.9 44.3
Highest marginal tax rate, corporate (%) .. 9
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.8
Firms expected to give gifts in meetings w/tax officials (%) .. 3.4
Firms using banks to finance investments (% of firms) .. 75.9
Delay in obtaining an electrical connection (days) .. 30.9
ISO certification ownership (% of firms) .. 13.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 10 23 82,923
Private foreign direct investment, net (% of GDP) .. 19.2 3.6
Gross fixed capital formation (% of GDP) 16.9 27.7 21.9
Gross fixed private capital formation (% of GDP) 16.9 18.4 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. 8.4 9.4
Bank nonperforming loans to total gross loans ratio (%) .. 7.2 3.6
Domestic credit to the private sector (% of GDP) 8.1 80.4 44.6
Real interest rate (%) .. –0.7
Interest rate spread (percentage points) .. 5.4 6.2

Infrastructure
Paved roads (% of total roads) .. .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. 7.0
Mobile cellular subscriptions (per 100 people) .. 118.1 95.3
Internet users (per 100 people) .. 47.2 30.6

148 2010 The Little Data Book on Private Sector Development


Middle East & North Africa
Morocco
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 28.8 31.6 3,703
Labor force (millions) 10.2 11.8 1,728
Unemployment rate (% of labor force) 12.5 9.6 5.5
GNI per capita, World Bank Atlas method ($) 1,310 2,520 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.4 5.0 8.3
Agriculture value added (% of GDP) 14.9 14.6 13.4
Industry value added (% of GDP) 29.1 30.3 41.1
Manufacturing value added (% of GDP) 17.5 14.0 26.6
Services value added (% of GDP) 56.0 55.0 45.5
Inflation (annual % change in consumer price index) 1.9 3.8
Exchange rate (local currency units per $) 10.6 7.8
Exports of goods and services (% of GDP) 28.0 36.7 35.4
Imports of goods and services (% of GDP) 33.4 50.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 128
Time to start a business (days) .. 12 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 85.0 58.6
Closing a business (years to resolve insolvency) .. 1.8 3.3
Total tax rate (% of profit) .. 41.7 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.4 1.1 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 11.4
Firms expected to give gifts in meetings w/tax officials (%) .. 10.7
Firms using banks to finance investments (% of firms) .. 12.3
Delay in obtaining an electrical connection (days) .. 18.8
ISO certification ownership (% of firms) .. 17.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2,135 1,043 31,715
Private foreign direct investment, net (% of GDP) 0.6 2.8 3.4
Gross fixed capital formation (% of GDP) 26.0 33.1 34.5
Gross fixed private capital formation (% of GDP) 21.3 28.4 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –3.1 2.9 –1.5
Government debt (% of GDP) 56.5 .. ..
Deposit money banks’ assets (% of GDP) 63.6 73.2 98.1
Total financial system deposits (% of GDP) 56.4 78.5 48.0
Bank capital to asset ratio (%) 9.8 7.3 10.2
Bank nonperforming loans to total gross loans ratio (%) 17.5 6.0 4.4
Domestic credit to the private sector (% of GDP) 51.0 77.4 82.6
Real interest rate (%) 14.0 10.4
Interest rate spread (percentage points) 8.2 7.9 6.6

Infrastructure
Paved roads (% of total roads) 56.4 62.0 37.6
Electric power consumption (kWh per capita) 483 707 1,310
Power outages in a typical month (number) .. 2.5
Mobile cellular subscriptions (per 100 people) 8.1 72.2 47.0
Internet users (per 100 people) 0.7 33.0 13.9

The Little Data Book on Private Sector Development 2010 149


Mozambique
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 18.2 22.4 976
Labor force (millions) 8.9 10.8 441
Unemployment rate (% of labor force) 2.2 .. ..
GNI per capita, World Bank Atlas method ($) 230 380 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 8.1 8.0 5.8
Agriculture value added (% of GDP) 24.0 28.6 25.0
Industry value added (% of GDP) 24.5 24.3 28.5
Manufacturing value added (% of GDP) 12.2 13.9 14.3
Services value added (% of GDP) 51.5 47.1 46.5
Inflation (annual % change in consumer price index) 12.7 10.3
Exchange rate (local currency units per $) 15.2 24.3
Exports of goods and services (% of GDP) 17.5 33.3 33.9
Imports of goods and services (% of GDP) 37.0 45.7 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 135
Time to start a business (days) .. 26 44
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 134.0 68.7
Closing a business (years to resolve insolvency) .. 5.0 3.8
Total tax rate (% of profit) .. 34.3 74.4
Highest marginal tax rate, corporate (%) 35 32
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 3.3
Firms expected to give gifts in meetings w/tax officials (%) .. 9.8
Firms using banks to finance investments (% of firms) .. 10.5
Delay in obtaining an electrical connection (days) .. 12.7
ISO certification ownership (% of firms) .. 18.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 45 23 7,503
Private foreign direct investment, net (% of GDP) 3.3 6.0 5.1
Gross fixed capital formation (% of GDP) 31.0 18.5 26.0
Gross fixed private capital formation (% of GDP) 21.7 6.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 17.0 20.0 40.6
Total financial system deposits (% of GDP) 20.3 23.4 26.3
Bank capital to asset ratio (%) 8.2 6.7 ..
Bank nonperforming loans to total gross loans ratio (%) 17.8 2.8 ..
Domestic credit to the private sector (% of GDP) 16.7 18.4 36.5
Real interest rate (%) 6.3 9.8
Interest rate spread (percentage points) 9.3 7.3 10.8

Infrastructure
Paved roads (% of total roads) 18.7 .. 12.1
Electric power consumption (kWh per capita) 122 472 324
Power outages in a typical month (number) .. 3.0
Mobile cellular subscriptions (per 100 people) 0.3 19.7 28.5
Internet users (per 100 people) 0.1 1.6 4.6

150 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Myanmar Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 46.6 49.6 976
Labor force (millions) 25.2 26.8 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) .. .. 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 8.1 13.0 5.8
Agriculture value added (% of GDP) 57.2 48.4 25.0
Industry value added (% of GDP) 9.7 16.2 28.5
Manufacturing value added (% of GDP) 7.2 11.6 14.3
Services value added (% of GDP) 33.1 35.4 46.5
Inflation (annual % change in consumer price index) –0.1 26.8
Exchange rate (local currency units per $) 6.4 5.4
Exports of goods and services (% of GDP) 0.5 0.2 33.9
Imports of goods and services (% of GDP) 0.6 0.1 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 44
Procedures to start a business (number) .. .. 9
Firing cost (weeks of wages) .. .. 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. .. 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 325 556 7,503
Private foreign direct investment, net (% of GDP) .. .. 5.1
Gross fixed capital formation (% of GDP) 11.8 11.7 26.0
Gross fixed private capital formation (% of GDP) .. .. 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.0 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 11.3 4.8 40.6
Total financial system deposits (% of GDP) 14.6 6.5 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 10.4 4.7 36.5
Real interest rate (%) 12.5 11.1
Interest rate spread (percentage points) 5.5 5.0 10.8

Infrastructure
Paved roads (% of total roads) 11.4 11.9 12.1
Electric power consumption (kWh per capita) 75 94 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 0.7 28.5
Internet users (per 100 people) 0.0 0.2 4.6

The Little Data Book on Private Sector Development 2010 151


Namibia
Sub-Saharan Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.8 2.1 949
Labor force (millions) 0.60 0.76 432
Unemployment rate (% of labor force) 20.3 21.9 8.0
GNI per capita, World Bank Atlas method ($) 2,030 4,210 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 5.6 4.6
Agriculture value added (% of GDP) 11.8 9.1 6.1
Industry value added (% of GDP) 28.0 37.5 33.7
Manufacturing value added (% of GDP) 12.8 13.5 17.3
Services value added (% of GDP) 60.2 53.4 60.2
Inflation (annual % change in consumer price index) .. 10.4
Exchange rate (local currency units per $) 6.9 8.3
Exports of goods and services (% of GDP) 40.9 42.0 27.8
Imports of goods and services (% of GDP) 44.5 61.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 66
Time to start a business (days) .. 66 47
Procedures to start a business (number) .. 10 8
Firing cost (weeks of wages) .. 24.0 37.4
Closing a business (years to resolve insolvency) .. 1.5 2.9
Total tax rate (% of profit) .. 9.6 44.3
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.9
Firms expected to give gifts in meetings w/tax officials (%) .. 2.6
Firms using banks to finance investments (% of firms) .. 8.1
Delay in obtaining an electrical connection (days) .. 9.2
ISO certification ownership (% of firms) .. 17.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 10 9 82,923
Private foreign direct investment, net (% of GDP) 3.0 6.1 3.6
Gross fixed capital formation (% of GDP) 16.6 23.4 21.9
Gross fixed private capital formation (% of GDP) 11.1 18.3 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –1.6 2.0 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 46.5 56.3 51.2
Total financial system deposits (% of GDP) 35.2 38.8 39.9
Bank capital to asset ratio (%) 8.7 8.0 9.4
Bank nonperforming loans to total gross loans ratio (%) 3.4 3.1 3.6
Domestic credit to the private sector (% of GDP) 39.8 45.6 44.6
Real interest rate (%) –9.0 0.0
Interest rate spread (percentage points) 7.9 5.4 6.2

Infrastructure
Paved roads (% of total roads) 13.6 .. 41.8
Electric power consumption (kWh per capita) 1,226 1,541 3,052
Power outages in a typical month (number) .. 1.6
Mobile cellular subscriptions (per 100 people) 4.5 49.4 95.3
Internet users (per 100 people) 1.6 5.3 30.6

152 2010 The Little Data Book on Private Sector Development


South Asia
Nepal
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 24.4 28.8 976
Labor force (millions) 10.2 12.9 441
Unemployment rate (% of labor force) 8.8 .. ..
GNI per capita, World Bank Atlas method ($) 220 400 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.6 3.5 5.8
Agriculture value added (% of GDP) 40.8 33.7 25.0
Industry value added (% of GDP) 22.1 16.7 28.5
Manufacturing value added (% of GDP) 9.4 7.4 14.3
Services value added (% of GDP) 37.0 49.6 46.5
Inflation (annual % change in consumer price index) 2.5 10.9
Exchange rate (local currency units per $) 71.1 69.8
Exports of goods and services (% of GDP) 23.3 12.1 33.9
Imports of goods and services (% of GDP) 32.4 32.7 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 123
Time to start a business (days) .. 31 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 90.0 68.7
Closing a business (years to resolve insolvency) .. 5.0 3.8
Total tax rate (% of profit) .. 38.8 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.5
Firms expected to give gifts in meetings w/tax officials (%) .. 14.9
Firms using banks to finance investments (% of firms) .. 17.5
Delay in obtaining an electrical connection (days) .. 9.0
ISO certification ownership (% of firms) .. 3.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 30 14 7,503
Private foreign direct investment, net (% of GDP) 0.0 0.0 5.1
Gross fixed capital formation (% of GDP) 19.3 21.1 26.0
Gross fixed private capital formation (% of GDP) 12.4 18.0 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.0 ..
Government debt (% of GDP) 64.6 43.7 ..
Deposit money banks’ assets (% of GDP) 31.9 57.4 40.6
Total financial system deposits (% of GDP) 35.2 61.5 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 30.7 40.8 36.5
Real interest rate (%) 4.8 0.3
Interest rate spread (percentage points) 3.5 5.8 10.8

Infrastructure
Paved roads (% of total roads) .. 56.9 12.1
Electric power consumption (kWh per capita) 58 80 324
Power outages in a typical month (number) .. 52.0
Mobile cellular subscriptions (per 100 people) 0.0 14.6 28.5
Internet users (per 100 people) 0.2 1.7 4.6

The Little Data Book on Private Sector Development 2010 153


Netherlands High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 15.9 16.4 1,069
Labor force (millions) 8.1 8.9 502
Unemployment rate (% of labor force) 3.0 2.8 5.9
GNI per capita, World Bank Atlas method ($) 26,580 49,340 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 1.9 2.3
Agriculture value added (% of GDP) 2.6 1.7 1.5
Industry value added (% of GDP) 24.9 25.5 25.7
Manufacturing value added (% of GDP) 15.6 13.7 16.8
Services value added (% of GDP) 72.4 72.9 72.8
Inflation (annual % change in consumer price index) 2.3 2.5
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 70.1 76.9 28.1
Imports of goods and services (% of GDP) 64.5 68.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 30
Time to start a business (days) .. 10 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 17.0 39.3
Closing a business (years to resolve insolvency) .. 1.1 2.1
Total tax rate (% of profit) .. 39.3 39.2
Highest marginal tax rate, corporate (%) 35 26
Business entry rate (new registrations as % of total) 9.4 11.3 11.5
New business density (new regis. per working-age pop.) 8.1 10.5 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 16.4 –0.3 2.8
Gross fixed capital formation (% of GDP) 21.9 20.5 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 2.0 0.3 –1.0
Government debt (% of GDP) 52.1 43.4 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 5.1 3.2 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.8 0.8 1.9
Domestic credit to the private sector (% of GDP) 134.2 193.2 155.9
Real interest rate (%) 0.6 1.9
Interest rate spread (percentage points) 1.9 0.2 3.9

Infrastructure
Paved roads (% of total roads) 90.0 .. 87.0
Electric power consumption (kWh per capita) 6,560 7,097 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 67.5 125.4 106.1
Internet users (per 100 people) 44.0 87.0 69.1

154 2010 The Little Data Book on Private Sector Development


Netherlands Antilles High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.18 0.20 1,069
Labor force (millions) 0.08 0.09 502
Unemployment rate (% of labor force) 14.0 12.0 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) 5.8 6.9
Exchange rate (local currency units per $) 1.8 1.8
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. 35
Business entry rate (new registrations as % of total) 2.7 3.4 11.5
New business density (new regis. per working-age pop.) 5.4 5.9 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) 6.1 6.0 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) 5,402 5,658 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 16.5 108.6 106.1
Internet users (per 100 people) 1.1 .. 69.1

The Little Data Book on Private Sector Development 2010 155


New Caledonia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.21 0.25 1,069
Labor force (millions) 0.09 0.10 502
Unemployment rate (% of labor force) .. 16.3 5.9
GNI per capita, World Bank Atlas method ($) 14,020 .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.2 .. 2.3
Agriculture value added (% of GDP) 3.7 .. 1.5
Industry value added (% of GDP) 19.6 .. 25.7
Manufacturing value added (% of GDP) 4.0 .. 16.8
Services value added (% of GDP) 76.7 .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 129.5 87.2
Exports of goods and services (% of GDP) 13.1 .. 28.1
Imports of goods and services (% of GDP) 33.0 .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 23.4 79.6 106.1
Internet users (per 100 people) 14.1 34.5 69.1

156 2010 The Little Data Book on Private Sector Development


New Zealand High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.9 4.3 1,069
Labor force (millions) 1.9 2.3 502
Unemployment rate (% of labor force) 5.9 4.1 5.9
GNI per capita, World Bank Atlas method ($) 13,450 27,830 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.6 3.1 2.3
Agriculture value added (% of GDP) 8.9 6.4 1.5
Industry value added (% of GDP) 25.3 25.5 25.7
Manufacturing value added (% of GDP) 16.9 .. 16.8
Services value added (% of GDP) 65.8 68.0 72.8
Inflation (annual % change in consumer price index) 2.6 4.5
Exchange rate (local currency units per $) 2.2 1.4
Exports of goods and services (% of GDP) 35.5 29.0 28.1
Imports of goods and services (% of GDP) 33.8 29.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 2
Time to start a business (days) .. 1 19
Procedures to start a business (number) .. 1 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. 1.3 2.1
Total tax rate (% of profit) .. 32.8 39.2
Highest marginal tax rate, corporate (%) 33 30
Business entry rate (new registrations as % of total) 14.2 15.7 11.5
New business density (new regis. per working-age pop.) 14.0 27.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 7.5 4.2 2.8
Gross fixed capital formation (% of GDP) 20.4 23.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.7 3.2 –1.0
Government debt (% of GDP) 33.8 38.9 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 111.6 150.4 155.9
Real interest rate (%) 5.8 8.3
Interest rate spread (percentage points) 2.9 4.7 3.9

Infrastructure
Paved roads (% of total roads) 62.8 65.4 87.0
Electric power consumption (kWh per capita) 9,076 9,622 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 40.0 108.2 106.1
Internet users (per 100 people) 47.5 71.4 69.1

The Little Data Book on Private Sector Development 2010 157


Nicaragua
Latin America & Caribbean Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.1 5.7 3,703
Labor force (millions) 1.9 2.3 1,728
Unemployment rate (% of labor force) 9.8 5.2 5.5
GNI per capita, World Bank Atlas method ($) 730 1,080 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.0 3.5 8.3
Agriculture value added (% of GDP) 20.9 19.4 13.4
Industry value added (% of GDP) 28.2 29.6 41.1
Manufacturing value added (% of GDP) 17.0 18.9 26.6
Services value added (% of GDP) 50.9 51.1 45.5
Inflation (annual % change in consumer price index) 7.1 19.8
Exchange rate (local currency units per $) 12.7 19.4
Exports of goods and services (% of GDP) 23.9 33.2 35.4
Imports of goods and services (% of GDP) 51.1 67.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 117
Time to start a business (days) .. 39 34
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 22.0 58.6
Closing a business (years to resolve insolvency) .. 2.2 3.3
Total tax rate (% of profit) .. 63.2 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.4 0.6 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 9.3
Firms expected to give gifts in meetings w/tax officials (%) .. 2.6
Firms using banks to finance investments (% of firms) .. 13.0
Delay in obtaining an electrical connection (days) .. 62.7
ISO certification ownership (% of firms) .. 18.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 219 156 31,715
Private foreign direct investment, net (% of GDP) 6.8 9.5 3.4
Gross fixed capital formation (% of GDP) 26.5 29.4 34.5
Gross fixed private capital formation (% of GDP) 19.8 24.4 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –3.6 –1.1 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 31.7 36.1 98.1
Total financial system deposits (% of GDP) 33.5 33.3 48.0
Bank capital to asset ratio (%) 6.3 .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 5.2 .. 4.4
Domestic credit to the private sector (% of GDP) 33.2 36.4 82.6
Real interest rate (%) 8.8 –3.1
Interest rate spread (percentage points) 7.3 6.6 6.6

Infrastructure
Paved roads (% of total roads) 11.1 .. 37.6
Electric power consumption (kWh per capita) 337 446 1,310
Power outages in a typical month (number) .. 12.5
Mobile cellular subscriptions (per 100 people) 1.8 54.8 47.0
Internet users (per 100 people) 1.0 3.3 13.9

158 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Niger
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 11.0 14.7 976
Labor force (millions) 3.6 4.6 441
Unemployment rate (% of labor force) 1.5 .. ..
GNI per capita, World Bank Atlas method ($) 170 330 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.4 4.4 5.8
Agriculture value added (% of GDP) 37.8 40.0 25.0
Industry value added (% of GDP) 17.8 17.3 28.5
Manufacturing value added (% of GDP) 6.8 6.4 14.3
Services value added (% of GDP) 44.4 42.7 46.5
Inflation (annual % change in consumer price index) 2.9 11.3
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 17.8 15.4 33.9
Imports of goods and services (% of GDP) 25.7 24.8 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 174
Time to start a business (days) .. 17 44
Procedures to start a business (number) .. 9 9
Firing cost (weeks of wages) .. 35.0 68.7
Closing a business (years to resolve insolvency) .. 5.0 3.8
Total tax rate (% of profit) .. 46.5 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 21.1
Firms expected to give gifts in meetings w/tax officials (%) .. 13.7
Firms using banks to finance investments (% of firms) .. 9.3
Delay in obtaining an electrical connection (days) .. 37.1
ISO certification ownership (% of firms) .. 4.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 13 55 7,503
Private foreign direct investment, net (% of GDP) 0.5 2.7 5.1
Gross fixed capital formation (% of GDP) 11.2 18.9 26.0
Gross fixed private capital formation (% of GDP) 4.6 12.5 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. –0.9 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 5.8 9.0 40.6
Total financial system deposits (% of GDP) 5.5 8.7 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 4.8 11.0 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 25.7 20.7 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 20.1
Mobile cellular subscriptions (per 100 people) 0.0 12.9 28.5
Internet users (per 100 people) 0.0 0.5 4.6

The Little Data Book on Private Sector Development 2010 159


Nigeria
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 124.8 151.2 3,703
Labor force (millions) 39.2 48.6 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 270 1,170 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.7 6.6 8.3
Agriculture value added (% of GDP) 48.6 32.7 13.4
Industry value added (% of GDP) 30.5 40.7 41.1
Manufacturing value added (% of GDP) 3.4 2.6 26.6
Services value added (% of GDP) 20.9 26.6 45.5
Inflation (annual % change in consumer price index) 6.9 11.6
Exchange rate (local currency units per $) 101.7 118.5
Exports of goods and services (% of GDP) 54.0 41.6 35.4
Imports of goods and services (% of GDP) 32.0 24.7 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 125
Time to start a business (days) .. 31 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 50.0 58.6
Closing a business (years to resolve insolvency) .. 2.0 3.3
Total tax rate (% of profit) .. 32.2 40.1
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.1
Firms expected to give gifts in meetings w/tax officials (%) .. 22.9
Firms using banks to finance investments (% of firms) .. 2.7
Delay in obtaining an electrical connection (days) .. 7.5
ISO certification ownership (% of firms) .. 8.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 76 3,377 31,715
Private foreign direct investment, net (% of GDP) 2.5 1.8 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 15.5 17.3 98.1
Total financial system deposits (% of GDP) 12.6 13.4 48.0
Bank capital to asset ratio (%) 7.4 18.0 10.2
Bank nonperforming loans to total gross loans ratio (%) 22.6 6.3 4.4
Domestic credit to the private sector (% of GDP) 12.5 33.9 82.6
Real interest rate (%) –12.2 4.1
Interest rate spread (percentage points) 9.6 3.5 6.6

Infrastructure
Paved roads (% of total roads) 30.9 15.0 37.6
Electric power consumption (kWh per capita) 73 137 1,310
Power outages in a typical month (number) .. 26.3
Mobile cellular subscriptions (per 100 people) 0.0 41.7 47.0
Internet users (per 100 people) 0.1 15.9 13.9

160 2010 The Little Data Book on Private Sector Development


Northern Mariana Islands High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.07 0.09 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) .. 8.3 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 4.3 26.2 106.1
Internet users (per 100 people) .. .. 69.1

The Little Data Book on Private Sector Development 2010 161


Norway High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.5 4.8 1,069
Labor force (millions) 2.4 2.6 502
Unemployment rate (% of labor force) 3.4 2.6 5.9
GNI per capita, World Bank Atlas method ($) 35,860 87,340 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.6 2.4 2.3
Agriculture value added (% of GDP) 2.1 1.2 1.5
Industry value added (% of GDP) 42.0 46.2 25.7
Manufacturing value added (% of GDP) 10.6 9.5 16.8
Services value added (% of GDP) 56.0 52.6 72.8
Inflation (annual % change in consumer price index) 3.1 3.8
Exchange rate (local currency units per $) 8.8 5.6
Exports of goods and services (% of GDP) 46.5 48.1 28.1
Imports of goods and services (% of GDP) 29.4 28.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 10
Time to start a business (days) .. 7 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 13.0 39.3
Closing a business (years to resolve insolvency) .. 0.9 2.1
Total tax rate (% of profit) .. 41.6 39.2
Highest marginal tax rate, corporate (%) 28 28
Business entry rate (new registrations as % of total) 8.5 13.6 11.5
New business density (new regis. per working-age pop.) 3.4 5.9 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 4.1 –0.3 2.8
Gross fixed capital formation (% of GDP) 18.4 20.8 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 15.7 19.9 –1.0
Government debt (% of GDP) 23.5 44.9 43.4
Deposit money banks’ assets (% of GDP) 66.3 83.2 99.4
Total financial system deposits (% of GDP) 44.0 50.5 ..
Bank capital to asset ratio (%) 7.0 4.2 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.2 0.8 1.9
Domestic credit to the private sector (% of GDP) 75.8 87.9 155.9
Real interest rate (%) –5.8 –2.1
Interest rate spread (percentage points) 2.2 1.8 3.9

Infrastructure
Paved roads (% of total roads) 76.0 79.6 87.0
Electric power consumption (kWh per capita) 24,994 24,980 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 71.8 110.1 106.1
Internet users (per 100 people) 26.7 82.5 69.1

162 2010 The Little Data Book on Private Sector Development


Oman
High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.4 2.8 1,069
Labor force (millions) 0.88 1.1 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) 6,720 14,330 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.2 4.0 2.3
Agriculture value added (% of GDP) 2.0 1.9 1.5
Industry value added (% of GDP) 57.2 55.1 25.7
Manufacturing value added (% of GDP) 5.4 8.3 16.8
Services value added (% of GDP) 40.8 43.0 72.8
Inflation (annual % change in consumer price index) –0.8 12.1
Exchange rate (local currency units per $) 0.4 0.4
Exports of goods and services (% of GDP) 59.2 55.9 28.1
Imports of goods and services (% of GDP) 31.4 40.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 65
Time to start a business (days) .. 12 19
Procedures to start a business (number) .. 5 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 4.0 2.1
Total tax rate (% of profit) .. 21.6 39.2
Highest marginal tax rate, corporate (%) 12 12
Business entry rate (new registrations as % of total) 9.8 16.4 11.5
New business density (new regis. per working-age pop.) 1.3 3.6 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. 31.0
Delay in obtaining an electrical connection (days) .. 14.7
ISO certification ownership (% of firms) .. 10.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.4 7.5 2.8
Gross fixed capital formation (% of GDP) 11.9 .. 20.7
Gross fixed private capital formation (% of GDP) 4.4 .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –4.4 .. –1.0
Government debt (% of GDP) 19.1 .. 43.4
Deposit money banks’ assets (% of GDP) 44.4 34.3 99.4
Total financial system deposits (% of GDP) 31.2 29.4 ..
Bank capital to asset ratio (%) 12.8 15.5 6.3
Bank nonperforming loans to total gross loans ratio (%) 11.3 2.4 1.9
Domestic credit to the private sector (% of GDP) 36.8 35.9 155.9
Real interest rate (%) –8.3 2.1
Interest rate spread (percentage points) 2.4 2.6 3.9

Infrastructure
Paved roads (% of total roads) 30.0 41.3 87.0
Electric power consumption (kWh per capita) 3,140 4,484 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 6.7 115.6 106.1
Internet users (per 100 people) 3.5 20.0 69.1

The Little Data Book on Private Sector Development 2010 163


Pakistan
South Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 138.1 166.1 3,703
Labor force (millions) 41.6 55.8 1,728
Unemployment rate (% of labor force) 7.2 5.1 5.5
GNI per capita, World Bank Atlas method ($) 490 950 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 5.4 8.3
Agriculture value added (% of GDP) 25.9 20.4 13.4
Industry value added (% of GDP) 23.3 26.9 41.1
Manufacturing value added (% of GDP) 14.7 19.7 26.6
Services value added (% of GDP) 50.7 52.7 45.5
Inflation (annual % change in consumer price index) 4.4 20.3
Exchange rate (local currency units per $) 53.6 70.4
Exports of goods and services (% of GDP) 13.4 12.8 35.4
Imports of goods and services (% of GDP) 14.7 23.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 85
Time to start a business (days) .. 20 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 90.0 58.6
Closing a business (years to resolve insolvency) .. 2.8 3.3
Total tax rate (% of profit) .. 31.6 40.1
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.0 0.0 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 8.7 2.2
Firms expected to give gifts in meetings w/tax officials (%) .. 58.8
Firms using banks to finance investments (% of firms) 14.6 9.7
Delay in obtaining an electrical connection (days) .. 106.3
ISO certification ownership (% of firms) 17.0 9.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 77 4,042 31,715
Private foreign direct investment, net (% of GDP) 0.4 3.3 3.4
Gross fixed capital formation (% of GDP) 15.9 20.4 34.5
Gross fixed private capital formation (% of GDP) 10.3 15.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –4.1 –7.4 –1.5
Government debt (% of GDP) 79.1 .. ..
Deposit money banks’ assets (% of GDP) 30.2 38.2 98.1
Total financial system deposits (% of GDP) 26.5 34.7 48.0
Bank capital to asset ratio (%) 4.9 10.4 10.2
Bank nonperforming loans to total gross loans ratio (%) 19.5 9.1 4.4
Domestic credit to the private sector (% of GDP) 22.3 29.5 82.6
Real interest rate (%) .. –2.9
Interest rate spread (percentage points) .. 6.0 6.6

Infrastructure
Paved roads (% of total roads) 56.0 65.4 37.6
Electric power consumption (kWh per capita) 374 474 1,310
Power outages in a typical month (number) .. 34.1
Mobile cellular subscriptions (per 100 people) 0.2 53.0 47.0
Internet users (per 100 people) 1.4 11.1 13.9

164 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Palau
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.02 0.02 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) .. 4.2 8.0
GNI per capita, World Bank Atlas method ($) 6,260 8,630 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.2 1.8 4.6
Agriculture value added (% of GDP) 3.9 3.5 6.1
Industry value added (% of GDP) 15.3 20.7 33.7
Manufacturing value added (% of GDP) 1.4 0.5 17.3
Services value added (% of GDP) 80.8 75.8 60.2
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) 9.6 67.8 27.8
Imports of goods and services (% of GDP) 106.1 64.1 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 97
Time to start a business (days) .. 28 47
Procedures to start a business (number) .. 8 8
Firing cost (weeks of wages) .. .. 37.4
Closing a business (years to resolve insolvency) .. 1.0 2.9
Total tax rate (% of profit) .. 73.0 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 82,923
Private foreign direct investment, net (% of GDP) .. .. 3.6
Gross fixed capital formation (% of GDP) .. .. 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) .. .. 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) .. .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 12.3 60.2 95.3
Internet users (per 100 people) 20.0 27.3 30.6

The Little Data Book on Private Sector Development 2010 165


Panama
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.0 3.4 949
Labor force (millions) 1.3 1.6 432
Unemployment rate (% of labor force) 13.8 6.8 8.0
GNI per capita, World Bank Atlas method ($) 3,740 6,690 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.0 6.6 4.6
Agriculture value added (% of GDP) 7.2 6.4 6.1
Industry value added (% of GDP) 19.1 17.2 33.7
Manufacturing value added (% of GDP) 10.1 6.7 17.3
Services value added (% of GDP) 73.6 76.3 60.2
Inflation (annual % change in consumer price index) 1.5 8.8
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) 72.6 74.9 27.8
Imports of goods and services (% of GDP) 69.8 74.0 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 77
Time to start a business (days) .. 12 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 44.0 37.4
Closing a business (years to resolve insolvency) .. 2.5 2.9
Total tax rate (% of profit) .. 50.1 44.3
Highest marginal tax rate, corporate (%) 37 30
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 10.3
Firms expected to give gifts in meetings w/tax officials (%) .. 7.7
Firms using banks to finance investments (% of firms) .. 19.2
Delay in obtaining an electrical connection (days) .. 10.2
ISO certification ownership (% of firms) .. 14.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 111 942 82,923
Private foreign direct investment, net (% of GDP) 5.4 10.4 3.6
Gross fixed capital formation (% of GDP) 21.2 22.2 21.9
Gross fixed private capital formation (% of GDP) 17.9 16.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –0.8 .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 94.5 81.5 51.2
Total financial system deposits (% of GDP) 73.8 78.3 39.9
Bank capital to asset ratio (%) 9.6 13.4 9.4
Bank nonperforming loans to total gross loans ratio (%) 1.4 1.7 3.6
Domestic credit to the private sector (% of GDP) 101.9 89.7 44.6
Real interest rate (%) 11.9 –0.3
Interest rate spread (percentage points) 3.4 4.6 6.2

Infrastructure
Paved roads (% of total roads) 34.6 .. 41.8
Electric power consumption (kWh per capita) 1,301 1,592 3,052
Power outages in a typical month (number) .. 4.2
Mobile cellular subscriptions (per 100 people) 13.9 115.2 95.3
Internet users (per 100 people) 6.6 27.5 30.6

166 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Papua New Guinea Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.4 6.6 3,703
Labor force (millions) 2.3 2.9 1,728
Unemployment rate (% of labor force) 2.8 .. 5.5
GNI per capita, World Bank Atlas method ($) 620 1,040 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.8 2.9 8.3
Agriculture value added (% of GDP) 35.8 33.6 13.4
Industry value added (% of GDP) 41.4 47.9 41.1
Manufacturing value added (% of GDP) 7.5 5.6 26.6
Services value added (% of GDP) 22.8 18.4 45.5
Inflation (annual % change in consumer price index) 15.6 10.8
Exchange rate (local currency units per $) 2.8 2.7
Exports of goods and services (% of GDP) 66.2 72.5 35.4
Imports of goods and services (% of GDP) 49.2 60.1 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 102
Time to start a business (days) .. 56 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 39.0 58.6
Closing a business (years to resolve insolvency) .. 3.0 3.3
Total tax rate (% of profit) .. 42.3 40.1
Highest marginal tax rate, corporate (%) 25 30
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 71 150 31,715
Private foreign direct investment, net (% of GDP) 2.7 –0.4 3.4
Gross fixed capital formation (% of GDP) 20.4 18.1 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –1.9 .. –1.5
Government debt (% of GDP) 57.7 .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 17.2 24.8 82.6
Real interest rate (%) 3.9 –2.1
Interest rate spread (percentage points) 9.1 8.0 6.6

Infrastructure
Paved roads (% of total roads) 3.5 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 9.1 47.0
Internet users (per 100 people) 0.8 1.8 13.9

The Little Data Book on Private Sector Development 2010 167


Paraguay
Latin America & Caribbean Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.4 6.2 3,703
Labor force (millions) 2.3 2.9 1,728
Unemployment rate (% of labor force) 7.6 5.7 5.5
GNI per capita, World Bank Atlas method ($) 1,350 2,110 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.1 3.7 8.3
Agriculture value added (% of GDP) 17.0 20.2 13.4
Industry value added (% of GDP) 22.5 18.3 41.1
Manufacturing value added (% of GDP) 15.5 12.7 26.6
Services value added (% of GDP) 60.5 61.5 45.5
Inflation (annual % change in consumer price index) 9.0 10.2
Exchange rate (local currency units per $) 3,486.4 4,363.2
Exports of goods and services (% of GDP) 38.2 53.1 35.4
Imports of goods and services (% of GDP) 49.0 58.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 124
Time to start a business (days) .. 35 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 99.0 58.6
Closing a business (years to resolve insolvency) .. 3.9 3.3
Total tax rate (% of profit) .. 35.0 40.1
Highest marginal tax rate, corporate (%) 30 10
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.9
Firms expected to give gifts in meetings w/tax officials (%) .. 24.5
Firms using banks to finance investments (% of firms) .. 8.2
Delay in obtaining an electrical connection (days) .. 27.2
ISO certification ownership (% of firms) .. 7.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 30 179 31,715
Private foreign direct investment, net (% of GDP) 1.5 2.0 3.4
Gross fixed capital formation (% of GDP) 17.5 19.6 34.5
Gross fixed private capital formation (% of GDP) .. 15.1 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. 3.4 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 28.4 18.4 98.1
Total financial system deposits (% of GDP) 22.0 17.2 48.0
Bank capital to asset ratio (%) 12.4 11.2 10.2
Bank nonperforming loans to total gross loans ratio (%) 12.3 1.2 4.4
Domestic credit to the private sector (% of GDP) 29.8 24.5 82.6
Real interest rate (%) 13.1 17.4
Interest rate spread (percentage points) 11.1 22.7 6.6

Infrastructure
Paved roads (% of total roads) 50.8 .. 37.6
Electric power consumption (kWh per capita) 880 958 1,310
Power outages in a typical month (number) .. 2.3
Mobile cellular subscriptions (per 100 people) 15.3 95.5 47.0
Internet users (per 100 people) 0.7 14.3 13.9

168 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Peru
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 26.0 28.8 949
Labor force (millions) 11.2 13.3 432
Unemployment rate (% of labor force) 7.4 7.0 8.0
GNI per capita, World Bank Atlas method ($) 2,050 3,990 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.4 6.0 4.6
Agriculture value added (% of GDP) 8.5 7.2 6.1
Industry value added (% of GDP) 29.9 36.2 33.7
Manufacturing value added (% of GDP) 15.8 15.9 17.3
Services value added (% of GDP) 61.6 56.6 60.2
Inflation (annual % change in consumer price index) 3.8 5.8
Exchange rate (local currency units per $) 3.5 2.9
Exports of goods and services (% of GDP) 16.0 27.1 27.8
Imports of goods and services (% of GDP) 18.2 26.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 56
Time to start a business (days) .. 41 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 17.0 37.4
Closing a business (years to resolve insolvency) .. 3.1 2.9
Total tax rate (% of profit) .. 40.3 44.3
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) 1.4 .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 13.5
Firms expected to give gifts in meetings w/tax officials (%) .. 1.6
Firms using banks to finance investments (% of firms) 26.3 30.9
Delay in obtaining an electrical connection (days) .. 81.6
ISO certification ownership (% of firms) 2.6 14.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 952 1,520 82,923
Private foreign direct investment, net (% of GDP) 1.5 3.2 3.6
Gross fixed capital formation (% of GDP) 20.2 26.1 21.9
Gross fixed private capital formation (% of GDP) 16.3 21.7 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.1 2.0 ..
Government debt (% of GDP) .. 24.3 ..
Deposit money banks’ assets (% of GDP) 29.0 23.3 51.2
Total financial system deposits (% of GDP) 26.1 26.1 39.9
Bank capital to asset ratio (%) 9.1 8.3 9.4
Bank nonperforming loans to total gross loans ratio (%) 9.0 2.2 3.6
Domestic credit to the private sector (% of GDP) 26.0 24.8 44.6
Real interest rate (%) 25.4 20.9
Interest rate spread (percentage points) 20.2 20.2 6.2

Infrastructure
Paved roads (% of total roads) 13.4 13.9 41.8
Electric power consumption (kWh per capita) 678 961 3,052
Power outages in a typical month (number) .. 0.9
Mobile cellular subscriptions (per 100 people) 4.9 72.7 95.3
Internet users (per 100 people) 3.1 24.7 30.6

The Little Data Book on Private Sector Development 2010 169


Philippines
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 77.7 90.3 3,703
Labor force (millions) 31.5 37.9 1,728
Unemployment rate (% of labor force) 10.1 7.4 5.5
GNI per capita, World Bank Atlas method ($) 1,030 1,890 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 5.1 8.3
Agriculture value added (% of GDP) 15.8 14.9 13.4
Industry value added (% of GDP) 32.3 31.6 41.1
Manufacturing value added (% of GDP) 22.2 22.3 26.6
Services value added (% of GDP) 52.0 53.5 45.5
Inflation (annual % change in consumer price index) 4.0 9.3
Exchange rate (local currency units per $) 44.2 44.3
Exports of goods and services (% of GDP) 55.4 36.9 35.4
Imports of goods and services (% of GDP) 53.5 38.7 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 144
Time to start a business (days) .. 52 34
Procedures to start a business (number) .. 15 9
Firing cost (weeks of wages) .. 91.0 58.6
Closing a business (years to resolve insolvency) .. 5.7 3.3
Total tax rate (% of profit) .. 49.4 40.1
Highest marginal tax rate, corporate (%) 32 35
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.3 0.3 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.9
Firms expected to give gifts in meetings w/tax officials (%) .. 21.8
Firms using banks to finance investments (% of firms) .. 21.8
Delay in obtaining an electrical connection (days) .. 23.1
ISO certification ownership (% of firms) .. 15.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2,153 3,217 31,715
Private foreign direct investment, net (% of GDP) 3.0 0.8 3.4
Gross fixed capital formation (% of GDP) 21.2 14.7 34.5
Gross fixed private capital formation (% of GDP) 14.6 11.4 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –3.9 –1.3 –1.5
Government debt (% of GDP) 52.9 77.7 ..
Deposit money banks’ assets (% of GDP) 50.3 36.2 98.1
Total financial system deposits (% of GDP) 54.0 51.0 48.0
Bank capital to asset ratio (%) 13.6 11.1 10.2
Bank nonperforming loans to total gross loans ratio (%) 24.0 4.5 4.4
Domestic credit to the private sector (% of GDP) 43.8 28.8 82.6
Real interest rate (%) 4.3 1.1
Interest rate spread (percentage points) 2.6 4.3 6.6

Infrastructure
Paved roads (% of total roads) 20.0 9.9 37.6
Electric power consumption (kWh per capita) 501 586 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 8.3 75.4 47.0
Internet users (per 100 people) 2.0 6.2 13.9

170 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Poland
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 38.5 38.1 949
Labor force (millions) 17.4 17.7 432
Unemployment rate (% of labor force) 16.1 7.1 8.0
GNI per capita, World Bank Atlas method ($) 4,590 11,730 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.4 4.4 4.6
Agriculture value added (% of GDP) 5.0 4.5 6.1
Industry value added (% of GDP) 31.7 30.8 33.7
Manufacturing value added (% of GDP) 18.5 17.3 17.3
Services value added (% of GDP) 63.3 64.6 60.2
Inflation (annual % change in consumer price index) 10.1 4.3
Exchange rate (local currency units per $) 4.3 2.4
Exports of goods and services (% of GDP) 27.1 39.8 27.8
Imports of goods and services (% of GDP) 33.5 43.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 72
Time to start a business (days) .. 32 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 13.0 37.4
Closing a business (years to resolve insolvency) .. 3.0 2.9
Total tax rate (% of profit) .. 42.5 44.3
Highest marginal tax rate, corporate (%) 30 19
Business entry rate (new registrations as % of total) 4.9 5.0 10.8
New business density (new regis. per working-age pop.) 0.9 1.0 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 7.8 12.8
Firms expected to give gifts in meetings w/tax officials (%) 29.4 4.8
Firms using banks to finance investments (% of firms) 29.2 40.7
Delay in obtaining an electrical connection (days) 8.2 83.0
ISO certification ownership (% of firms) 11.4 17.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 7,807 5,104 82,923
Private foreign direct investment, net (% of GDP) 5.5 2.8 3.6
Gross fixed capital formation (% of GDP) 23.7 22.0 21.9
Gross fixed private capital formation (% of GDP) 21.3 17.4 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.8 –3.7 ..
Government debt (% of GDP) 33.0 44.8 ..
Deposit money banks’ assets (% of GDP) 33.6 55.4 51.2
Total financial system deposits (% of GDP) 34.0 42.1 39.9
Bank capital to asset ratio (%) 7.1 7.9 9.4
Bank nonperforming loans to total gross loans ratio (%) 15.5 4.4 3.6
Domestic credit to the private sector (% of GDP) 26.6 49.8 44.6
Real interest rate (%) 12.0 3.9
Interest rate spread (percentage points) 5.8 3.3 6.2

Infrastructure
Paved roads (% of total roads) 68.3 90.3 41.8
Electric power consumption (kWh per capita) 3,240 3,662 3,052
Power outages in a typical month (number) .. 2.3
Mobile cellular subscriptions (per 100 people) 17.5 115.2 95.3
Internet users (per 100 people) 7.3 49.0 30.6

The Little Data Book on Private Sector Development 2010 171


Portugal High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.2 10.6 1,069
Labor force (millions) 5.2 5.6 502
Unemployment rate (% of labor force) 3.9 7.6 5.9
GNI per capita, World Bank Atlas method ($) 11,590 20,680 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 0.9 2.3
Agriculture value added (% of GDP) 3.8 2.4 1.5
Industry value added (% of GDP) 27.6 23.9 25.7
Manufacturing value added (% of GDP) 17.1 14.3 16.8
Services value added (% of GDP) 68.6 73.7 72.8
Inflation (annual % change in consumer price index) 2.8 2.6
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 29.8 32.9 28.1
Imports of goods and services (% of GDP) 40.6 42.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 48
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 97.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 42.9 39.2
Highest marginal tax rate, corporate (%) 37 25
Business entry rate (new registrations as % of total) 7.0 7.3 11.5
New business density (new regis. per working-age pop.) 2.7 4.4 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 1.1
Firms expected to give gifts in meetings w/tax officials (%) .. 52.1
Firms using banks to finance investments (% of firms) .. 24.4
Delay in obtaining an electrical connection (days) .. 5.7
ISO certification ownership (% of firms) .. 12.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 5.9 1.5 2.8
Gross fixed capital formation (% of GDP) 27.1 21.7 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –2.6 –2.7 –1.0
Government debt (% of GDP) 60.2 76.0 43.4
Deposit money banks’ assets (% of GDP) 106.4 .. 99.4
Total financial system deposits (% of GDP) 88.5 .. ..
Bank capital to asset ratio (%) 5.8 6.1 6.3
Bank nonperforming loans to total gross loans ratio (%) 2.2 2.0 1.9
Domestic credit to the private sector (% of GDP) 131.5 179.7 155.9
Real interest rate (%) 1.9 ..
Interest rate spread (percentage points) 2.8 .. 3.9

Infrastructure
Paved roads (% of total roads) 86.0 86.0 87.0
Electric power consumption (kWh per capita) 4,014 4,860 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 65.2 140.4 106.1
Internet users (per 100 people) 16.4 42.1 69.1

172 2010 The Little Data Book on Private Sector Development


Puerto Rico High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.8 4.0 1,069
Labor force (millions) 1.4 1.5 502
Unemployment rate (% of labor force) 10.1 11.6 5.9
GNI per capita, World Bank Atlas method ($) 10,560 .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 .. 2.3
Agriculture value added (% of GDP) 0.9 .. 1.5
Industry value added (% of GDP) 41.3 .. 25.7
Manufacturing value added (% of GDP) 38.3 .. 16.8
Services value added (% of GDP) 57.8 .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) 75.2 .. 28.1
Imports of goods and services (% of GDP) 98.0 .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 35
Time to start a business (days) .. 7 19
Procedures to start a business (number) .. 7 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. 3.8 2.1
Total tax rate (% of profit) .. 64.7 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) 94.0 95.0 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 24.3 85.8 106.1
Internet users (per 100 people) 10.5 25.3 69.1

The Little Data Book on Private Sector Development 2010 173


Qatar High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.62 1.3 1,069
Labor force (millions) 0.35 0.90 502
Unemployment rate (% of labor force) 3.9 .. 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 9.0 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) 1.7 15.0
Exchange rate (local currency units per $) 3.6 3.6
Exports of goods and services (% of GDP) 67.3 64.2 28.1
Imports of goods and services (% of GDP) 22.3 38.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 39
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 69.0 39.3
Closing a business (years to resolve insolvency) .. 2.8 2.1
Total tax rate (% of profit) .. 11.3 39.2
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) 19.5 30.2 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. 12.5 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. 55.5 99.4
Total financial system deposits (% of GDP) .. 38.3 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 26.8 46.7 155.9
Real interest rate (%) .. –10.0
Interest rate spread (percentage points) .. 3.9 3.9

Infrastructure
Paved roads (% of total roads) 90.0 .. 87.0
Electric power consumption (kWh per capita) 13,782 12,915 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 19.6 131.4 106.1
Internet users (per 100 people) 4.9 34.0 69.1

174 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Romania
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 22.4 21.5 949
Labor force (millions) 11.8 10.0 432
Unemployment rate (% of labor force) 7.1 5.8 8.0
GNI per capita, World Bank Atlas method ($) 1,690 8,280 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) –2.1 6.4 4.6
Agriculture value added (% of GDP) 12.5 7.1 6.1
Industry value added (% of GDP) 36.4 25.2 33.7
Manufacturing value added (% of GDP) 14.5 20.9 17.3
Services value added (% of GDP) 51.1 67.6 60.2
Inflation (annual % change in consumer price index) 45.7 7.8
Exchange rate (local currency units per $) 2.2 2.5
Exports of goods and services (% of GDP) 32.7 29.9 27.8
Imports of goods and services (% of GDP) 37.9 40.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 55
Time to start a business (days) .. 10 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 8.0 37.4
Closing a business (years to resolve insolvency) .. 3.3 2.9
Total tax rate (% of profit) .. 44.6 44.3
Highest marginal tax rate, corporate (%) 25 16
Business entry rate (new registrations as % of total) 5.2 11.9 10.8
New business density (new regis. per working-age pop.) 2.3 6.7 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 8.6 9.2
Firms expected to give gifts in meetings w/tax officials (%) 35.2 12.1
Firms using banks to finance investments (% of firms) 19.8 37.3
Delay in obtaining an electrical connection (days) 20.1 42.0
ISO certification ownership (% of firms) 21.7 26.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 901 3,647 82,923
Private foreign direct investment, net (% of GDP) 2.8 6.9 3.6
Gross fixed capital formation (% of GDP) 18.9 31.1 21.9
Gross fixed private capital formation (% of GDP) .. 26.7 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.0 –4.6 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 11.7 37.0 51.2
Total financial system deposits (% of GDP) 17.4 27.9 39.9
Bank capital to asset ratio (%) 8.6 7.0 9.4
Bank nonperforming loans to total gross loans ratio (%) 3.3 13.8 3.6
Domestic credit to the private sector (% of GDP) 7.2 38.5 44.6
Real interest rate (%) 6.7 3.1
Interest rate spread (percentage points) 20.7 5.5 6.2

Infrastructure
Paved roads (% of total roads) 49.5 30.2 41.8
Electric power consumption (kWh per capita) 1,988 2,452 3,052
Power outages in a typical month (number) .. 3.0
Mobile cellular subscriptions (per 100 people) 11.1 113.7 95.3
Internet users (per 100 people) 3.6 28.8 30.6

The Little Data Book on Private Sector Development 2010 175


Russian Federation
Europe & Central Asia Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 146.3 142.0 949
Labor force (millions) 72.3 76.0 432
Unemployment rate (% of labor force) 9.8 6.2 8.0
GNI per capita, World Bank Atlas method ($) 1,710 9,660 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.2 6.7 4.6
Agriculture value added (% of GDP) 6.4 5.0 6.1
Industry value added (% of GDP) 37.9 37.2 33.7
Manufacturing value added (% of GDP) 17.6 18.0 17.3
Services value added (% of GDP) 55.6 57.8 60.2
Inflation (annual % change in consumer price index) 20.8 14.1
Exchange rate (local currency units per $) 28.1 24.9
Exports of goods and services (% of GDP) 44.1 30.8 27.8
Imports of goods and services (% of GDP) 24.0 22.0 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 120
Time to start a business (days) .. 30 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 17.0 37.4
Closing a business (years to resolve insolvency) .. 3.8 2.9
Total tax rate (% of profit) .. 48.3 44.3
Highest marginal tax rate, corporate (%) 43 24
Business entry rate (new registrations as % of total) 14.0 15.0 10.8
New business density (new regis. per working-age pop.) 2.2 4.9 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 8.2 19.9
Firms expected to give gifts in meetings w/tax officials (%) 54.2 17.4
Firms using banks to finance investments (% of firms) 11.1 30.6
Delay in obtaining an electrical connection (days) 10.2 57.5
ISO certification ownership (% of firms) 20.3 11.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,939 19,450 82,923
Private foreign direct investment, net (% of GDP) 1.0 4.3 3.6
Gross fixed capital formation (% of GDP) 16.9 22.0 21.9
Gross fixed private capital formation (% of GDP) 15.1 18.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) 7.0 5.6 ..
Government debt (% of GDP) 49.0 6.4 ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) 12.1 13.6 9.4
Bank nonperforming loans to total gross loans ratio (%) 7.7 3.8 3.6
Domestic credit to the private sector (% of GDP) 13.3 41.0 44.6
Real interest rate (%) –9.6 –5.8
Interest rate spread (percentage points) 17.9 6.5 6.2

Infrastructure
Paved roads (% of total roads) 67.4 80.9 41.8
Electric power consumption (kWh per capita) 5,209 6,317 3,052
Power outages in a typical month (number) .. 1.5
Mobile cellular subscriptions (per 100 people) 2.2 140.6 95.3
Internet users (per 100 people) 2.0 31.9 30.6

176 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Rwanda Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.0 9.7 976
Labor force (millions) 3.7 4.8 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 250 440 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 10.1 6.7 5.8
Agriculture value added (% of GDP) 37.2 37.4 25.0
Industry value added (% of GDP) 13.6 14.1 28.5
Manufacturing value added (% of GDP) 7.0 4.5 14.3
Services value added (% of GDP) 49.2 48.5 46.5
Inflation (annual % change in consumer price index) 3.9 15.4
Exchange rate (local currency units per $) 389.7 546.8
Exports of goods and services (% of GDP) 8.7 14.9 33.9
Imports of goods and services (% of GDP) 25.7 31.2 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 67
Time to start a business (days) .. 3 44
Procedures to start a business (number) .. 2 9
Firing cost (weeks of wages) .. 26.0 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. 31.3 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.9
Firms expected to give gifts in meetings w/tax officials (%) .. 4.9
Firms using banks to finance investments (% of firms) .. 15.9
Delay in obtaining an electrical connection (days) .. 18.2
ISO certification ownership (% of firms) .. 10.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 8 44 7,503
Private foreign direct investment, net (% of GDP) 0.5 2.3 5.1
Gross fixed capital formation (% of GDP) 18.3 24.1 26.0
Gross fixed private capital formation (% of GDP) 12.1 13.1 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 10.6 12.7 40.6
Total financial system deposits (% of GDP) 12.1 14.7 26.3
Bank capital to asset ratio (%) 8.1 12.3 ..
Bank nonperforming loans to total gross loans ratio (%) 57.0 12.6 ..
Domestic credit to the private sector (% of GDP) 10.4 12.1 36.5
Real interest rate (%) 20.6 –0.8
Interest rate spread (percentage points) 6.9 9.3 10.8

Infrastructure
Paved roads (% of total roads) .. 19.0 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 13.6
Mobile cellular subscriptions (per 100 people) 0.5 13.6 28.5
Internet users (per 100 people) 0.1 3.1 4.6

The Little Data Book on Private Sector Development 2010 177


Samoa
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.18 0.18 3,703
Labor force (millions) 0.06 0.06 1,728
Unemployment rate (% of labor force) 5.0 1.3 5.5
GNI per capita, World Bank Atlas method ($) 1,360 2,820 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.3 4.0 8.3
Agriculture value added (% of GDP) 16.8 10.8 13.4
Industry value added (% of GDP) 26.0 29.3 41.1
Manufacturing value added (% of GDP) 14.8 11.7 26.6
Services value added (% of GDP) 57.2 60.0 45.5
Inflation (annual % change in consumer price index) 1.0 11.5
Exchange rate (local currency units per $) 3.3 2.6
Exports of goods and services (% of GDP) 33.8 33.5 35.4
Imports of goods and services (% of GDP) 57.2 55.4 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 57
Time to start a business (days) .. 9 34
Procedures to start a business (number) .. 5 9
Firing cost (weeks of wages) .. 9.0 58.6
Closing a business (years to resolve insolvency) .. 2.5 3.3
Total tax rate (% of profit) .. 18.9 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. 19.6
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. 9.8
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 10 .. 31,715
Private foreign direct investment, net (% of GDP) –0.7 1.1 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 31.7 38.2 98.1
Total financial system deposits (% of GDP) 32.6 39.3 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 30.6 43.7 82.6
Real interest rate (%) 8.0 9.6
Interest rate spread (percentage points) 4.5 6.6 6.6

Infrastructure
Paved roads (% of total roads) 14.2 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.4 69.3 47.0
Internet users (per 100 people) 0.6 5.0 13.9

178 2010 The Little Data Book on Private Sector Development


San Marino High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) .. 0.03 1,069
Labor force (millions) .. .. 502
Unemployment rate (% of labor force) 3.0 2.6 5.9
GNI per capita, World Bank Atlas method ($) .. 46,770 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 3.9 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. 4.3
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.3 6.2 –1.0
Government debt (% of GDP) 16.5 62.0 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) 6.5 5.8
Interest rate spread (percentage points) 6.6 5.0 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. 77.4 106.1
Internet users (per 100 people) .. 54.8 69.1

The Little Data Book on Private Sector Development 2010 179


São Tomé and Príncipe
Sub-Saharan Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.14 0.16 3,703
Labor force (millions) 0.05 0.06 1,728
Unemployment rate (% of labor force) 14.4 16.7 5.5
GNI per capita, World Bank Atlas method ($) .. 1,030 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 6.5 8.3
Agriculture value added (% of GDP) 19.7 16.8 13.4
Industry value added (% of GDP) 16.9 20.5 41.1
Manufacturing value added (% of GDP) 5.7 6.4 26.6
Services value added (% of GDP) 63.5 62.7 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 7,978.2 14,695.2
Exports of goods and services (% of GDP) .. .. 35.4
Imports of goods and services (% of GDP) .. .. 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 180
Time to start a business (days) .. 144 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 91.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 47.2 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 2 50 31,715
Private foreign direct investment, net (% of GDP) 3.9 18.9 3.4
Gross fixed capital formation (% of GDP) .. .. 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 4.3 28.3 82.6
Real interest rate (%) 25.7 7.0
Interest rate spread (percentage points) 18.7 19.7 6.6

Infrastructure
Paved roads (% of total roads) 68.1 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.0 30.6 47.0
Internet users (per 100 people) 4.6 15.5 13.9

180 2010 The Little Data Book on Private Sector Development


Saudi Arabia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 20.6 24.6 1,069
Labor force (millions) 6.9 9.0 502
Unemployment rate (% of labor force) 4.6 5.6 5.9
GNI per capita, World Bank Atlas method ($) 8,140 17,870 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.3 4.1 2.3
Agriculture value added (% of GDP) 4.9 2.3 1.5
Industry value added (% of GDP) 53.9 70.2 25.7
Manufacturing value added (% of GDP) 9.7 8.3 16.8
Services value added (% of GDP) 41.1 27.4 72.8
Inflation (annual % change in consumer price index) –1.1 9.9
Exchange rate (local currency units per $) 3.8 3.8
Exports of goods and services (% of GDP) 43.7 68.9 28.1
Imports of goods and services (% of GDP) 24.9 37.6 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 13
Time to start a business (days) .. 5 19
Procedures to start a business (number) .. 4 6
Firing cost (weeks of wages) .. 80.0 39.3
Closing a business (years to resolve insolvency) .. 1.5 2.1
Total tax rate (% of profit) .. 14.5 39.2
Highest marginal tax rate, corporate (%) 45 20
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) –1.0 4.8 2.8
Gross fixed capital formation (% of GDP) 17.5 19.3 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 40.6 48.3 99.4
Total financial system deposits (% of GDP) 15.3 19.2 ..
Bank capital to asset ratio (%) 9.6 10.0 6.3
Bank nonperforming loans to total gross loans ratio (%) 10.4 1.4 1.9
Domestic credit to the private sector (% of GDP) 52.5 55.4 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) 29.9 21.5 87.0
Electric power consumption (kWh per capita) 5,670 7,247 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 6.7 146.1 106.1
Internet users (per 100 people) 2.2 31.5 69.1

The Little Data Book on Private Sector Development 2010 181


Senegal
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 9.9 12.2 976
Labor force (millions) 4.1 5.2 441
Unemployment rate (% of labor force) .. 11.1 ..
GNI per capita, World Bank Atlas method ($) 510 980 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 4.5 5.8
Agriculture value added (% of GDP) 19.1 15.7 25.0
Industry value added (% of GDP) 23.2 21.7 28.5
Manufacturing value added (% of GDP) 14.7 12.8 14.3
Services value added (% of GDP) 57.6 62.6 46.5
Inflation (annual % change in consumer price index) 0.7 5.8
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 27.9 25.0 33.9
Imports of goods and services (% of GDP) 37.2 47.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 157
Time to start a business (days) .. 8 44
Procedures to start a business (number) .. 4 9
Firing cost (weeks of wages) .. 38.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 46.0 74.4
Highest marginal tax rate, corporate (%) 35 ..
Business entry rate (new registrations as % of total) 6.3 2.3 18.2
New business density (new regis. per working-age pop.) 0.0 0.0 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.9
Firms expected to give gifts in meetings w/tax officials (%) .. 18.7
Firms using banks to finance investments (% of firms) .. 19.8
Delay in obtaining an electrical connection (days) .. 9.4
ISO certification ownership (% of firms) .. 6.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 79 432 7,503
Private foreign direct investment, net (% of GDP) 1.3 5.3 5.1
Gross fixed capital formation (% of GDP) 22.4 30.2 26.0
Gross fixed private capital formation (% of GDP) 17.9 20.2 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –0.9 .. ..
Government debt (% of GDP) 73.7 .. ..
Deposit money banks’ assets (% of GDP) 19.6 24.2 40.6
Total financial system deposits (% of GDP) 17.1 24.4 26.3
Bank capital to asset ratio (%) 9.9 9.1 ..
Bank nonperforming loans to total gross loans ratio (%) 18.1 19.1 ..
Domestic credit to the private sector (% of GDP) 18.7 24.2 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 29.3 29.3 12.1
Electric power consumption (kWh per capita) 101 128 324
Power outages in a typical month (number) .. 11.8
Mobile cellular subscriptions (per 100 people) 2.5 44.1 28.5
Internet users (per 100 people) 0.4 8.4 4.6

182 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Serbia
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 7.5 7.4 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) .. 13.6 8.0
GNI per capita, World Bank Atlas method ($) 1,470 5,590 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.0 5.4 4.6
Agriculture value added (% of GDP) 20.6 0.0 6.1
Industry value added (% of GDP) 31.4 0.0 33.7
Manufacturing value added (% of GDP) .. 0.0 17.3
Services value added (% of GDP) 48.1 100.0 60.2
Inflation (annual % change in consumer price index) 71.1 12.9
Exchange rate (local currency units per $) 63.2 55.7
Exports of goods and services (% of GDP) 23.0 29.7 27.8
Imports of goods and services (% of GDP) 39.1 52.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 88
Time to start a business (days) .. 13 47
Procedures to start a business (number) .. 7 8
Firing cost (weeks of wages) .. 25.0 37.4
Closing a business (years to resolve insolvency) .. 2.7 2.9
Total tax rate (% of profit) .. 34.0 44.3
Highest marginal tax rate, corporate (%) 20 10
Business entry rate (new registrations as % of total) .. 13.0 10.8
New business density (new regis. per working-age pop.) .. 1.6 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 10.3 12.2
Firms expected to give gifts in meetings w/tax officials (%) 44.8 3.6
Firms using banks to finance investments (% of firms) 10.6 42.8
Delay in obtaining an electrical connection (days) 8.7 109.5
ISO certification ownership (% of firms) 9.6 21.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 345 250 82,923
Private foreign direct investment, net (% of GDP) 0.3 6.0 3.6
Gross fixed capital formation (% of GDP) 12.3 20.4 21.9
Gross fixed private capital formation (% of GDP) 9.5 16.7 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.6 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 51.2
Total financial system deposits (% of GDP) .. .. 39.9
Bank capital to asset ratio (%) 18.3 20.5 9.4
Bank nonperforming loans to total gross loans ratio (%) 21.6 5.3 3.6
Domestic credit to the private sector (% of GDP) 47.5 38.4 44.6
Real interest rate (%) –41.3 0.5
Interest rate spread (percentage points) 30.4 10.8 6.2

Infrastructure
Paved roads (% of total roads) 62.7 .. 41.8
Electric power consumption (kWh per capita) 4,199 4,155 3,052
Power outages in a typical month (number) .. 1.1
Mobile cellular subscriptions (per 100 people) .. 130.9 95.3
Internet users (per 100 people) .. 44.9 30.6

The Little Data Book on Private Sector Development 2010 183


Seychelles
Sub-Saharan Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.08 0.09 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) 9.8 5.5 8.0
GNI per capita, World Bank Atlas method ($) 7,420 10,220 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.6 2.0 4.6
Agriculture value added (% of GDP) 3.0 2.3 6.1
Industry value added (% of GDP) 29.0 22.4 33.7
Manufacturing value added (% of GDP) 19.2 13.4 17.3
Services value added (% of GDP) 68.0 75.3 60.2
Inflation (annual % change in consumer price index) 6.3 37.0
Exchange rate (local currency units per $) 5.7 9.5
Exports of goods and services (% of GDP) 78.2 130.9 27.8
Imports of goods and services (% of GDP) 81.4 152.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 111
Time to start a business (days) .. 38 47
Procedures to start a business (number) .. 9 8
Firing cost (weeks of wages) .. 39.0 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. 44.1 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 7 15 82,923
Private foreign direct investment, net (% of GDP) 4.0 43.7 3.6
Gross fixed capital formation (% of GDP) 25.2 28.3 21.9
Gross fixed private capital formation (% of GDP) 13.8 24.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –13.9 8.1 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 90.2 104.5 51.2
Total financial system deposits (% of GDP) 80.7 105.4 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 22.3 38.4 44.6
Real interest rate (%) 9.4 –10.8
Interest rate spread (percentage points) 6.0 7.8 6.2

Infrastructure
Paved roads (% of total roads) 84.5 96.0 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 32.0 107.5 95.3
Internet users (per 100 people) 7.4 39.0 30.6

184 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Sierra Leone Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.2 5.6 976
Labor force (millions) 1.7 2.1 441
Unemployment rate (% of labor force) .. 3.4 ..
GNI per capita, World Bank Atlas method ($) 150 320 523
GDP growth, 1995–2000 and 2000–08 (average annual %) –5.0 10.3 5.8
Agriculture value added (% of GDP) 58.4 50.2 25.0
Industry value added (% of GDP) 28.4 23.5 28.5
Manufacturing value added (% of GDP) 3.5 3.7 14.3
Services value added (% of GDP) 13.3 26.3 46.5
Inflation (annual % change in consumer price index) .. 17.5
Exchange rate (local currency units per $) 2,092.1 2,981.5
Exports of goods and services (% of GDP) 18.1 16.3 33.9
Imports of goods and services (% of GDP) 39.3 29.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 148
Time to start a business (days) .. 12 44
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 189.0 68.7
Closing a business (years to resolve insolvency) .. 2.6 3.8
Total tax rate (% of profit) .. 235.6 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.4
Firms expected to give gifts in meetings w/tax officials (%) .. 8.6
Firms using banks to finance investments (% of firms) .. 6.9
Delay in obtaining an electrical connection (days) .. 14.8
ISO certification ownership (% of firms) .. 13.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 3 22 7,503
Private foreign direct investment, net (% of GDP) 6.1 –0.2 5.1
Gross fixed capital formation (% of GDP) 6.9 14.7 26.0
Gross fixed private capital formation (% of GDP) 1.7 8.6 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –9.3 –2.4 ..
Government debt (% of GDP) 247.4 .. ..
Deposit money banks’ assets (% of GDP) 7.3 9.7 40.6
Total financial system deposits (% of GDP) 8.5 11.9 26.3
Bank capital to asset ratio (%) 18.5 18.7 ..
Bank nonperforming loans to total gross loans ratio (%) 37.9 23.3 ..
Domestic credit to the private sector (% of GDP) 2.1 7.1 36.5
Real interest rate (%) 19.0 12.0
Interest rate spread (percentage points) 17.0 14.8 10.8

Infrastructure
Paved roads (% of total roads) 7.9 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 15.9
Mobile cellular subscriptions (per 100 people) 0.3 18.1 28.5
Internet users (per 100 people) 0.1 0.3 4.6

The Little Data Book on Private Sector Development 2010 185


Singapore High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.0 4.8 1,069
Labor force (millions) 2.1 2.6 502
Unemployment rate (% of labor force) 6.0 3.2 5.9
GNI per capita, World Bank Atlas method ($) 22,960 34,760 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.7 5.8 2.3
Agriculture value added (% of GDP) 0.1 0.1 1.5
Industry value added (% of GDP) 35.6 27.8 25.7
Manufacturing value added (% of GDP) 27.7 20.8 16.8
Services value added (% of GDP) 64.3 72.2 72.8
Inflation (annual % change in consumer price index) 1.4 6.5
Exchange rate (local currency units per $) 1.7 1.4
Exports of goods and services (% of GDP) 191.4 234.3 28.1
Imports of goods and services (% of GDP) 176.4 215.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 1
Time to start a business (days) .. 3 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 4.0 39.3
Closing a business (years to resolve insolvency) .. 0.8 2.1
Total tax rate (% of profit) .. 27.8 39.2
Highest marginal tax rate, corporate (%) 26 18
Business entry rate (new registrations as % of total) 10.0 19.4 11.5
New business density (new regis. per working-age pop.) 2.8 7.5 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 17.8 12.5 2.8
Gross fixed capital formation (% of GDP) 30.6 28.5 20.7
Gross fixed private capital formation (% of GDP) 22.5 17.0 ..

Finance and banking


Government cash surplus or deficit (% of GDP) 11.4 8.1 –1.0
Government debt (% of GDP) 86.9 102.6 43.4
Deposit money banks’ assets (% of GDP) 117.0 110.5 99.4
Total financial system deposits (% of GDP) 109.8 111.1 ..
Bank capital to asset ratio (%) 10.0 8.5 6.3
Bank nonperforming loans to total gross loans ratio (%) 3.4 1.4 1.9
Domestic credit to the private sector (% of GDP) 109.5 107.9 155.9
Real interest rate (%) 2.0 4.2
Interest rate spread (percentage points) 4.1 5.0 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 7,575 8,514 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 68.2 131.7 106.1
Internet users (per 100 people) 32.3 69.6 69.1

186 2010 The Little Data Book on Private Sector Development


Slovak Republic High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.4 5.4 1,069
Labor force (millions) 2.6 2.7 502
Unemployment rate (% of labor force) 18.8 9.5 5.9
GNI per capita, World Bank Atlas method ($) 5,370 16,590 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.7 6.3 2.3
Agriculture value added (% of GDP) 4.5 3.1 1.5
Industry value added (% of GDP) 36.2 38.0 25.7
Manufacturing value added (% of GDP) 24.7 23.9 16.8
Services value added (% of GDP) 59.3 58.9 72.8
Inflation (annual % change in consumer price index) 12.0 4.6
Exchange rate (local currency units per $) 1.5 0.7
Exports of goods and services (% of GDP) 70.5 83.0 28.1
Imports of goods and services (% of GDP) 73.0 85.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 42
Time to start a business (days) .. 16 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 26.0 39.3
Closing a business (years to resolve insolvency) .. 4.0 2.1
Total tax rate (% of profit) .. 48.6 39.2
Highest marginal tax rate, corporate (%) 29 19
Business entry rate (new registrations as % of total) 8.1 11.8 11.5
New business density (new regis. per working-age pop.) 1.7 4.1 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 6.1 6.7
Firms expected to give gifts in meetings w/tax officials (%) 41.2 3.1
Firms using banks to finance investments (% of firms) 9.6 31.5
Delay in obtaining an electrical connection (days) 15.2 25.0
ISO certification ownership (% of firms) 20.0 27.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 7.2 3.3 2.8
Gross fixed capital formation (% of GDP) 25.8 26.1 20.7
Gross fixed private capital formation (% of GDP) 23.8 22.2 ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.2 –1.0
Government debt (% of GDP) .. 36.6 43.4
Deposit money banks’ assets (% of GDP) 81.1 55.2 99.4
Total financial system deposits (% of GDP) 54.3 50.4 ..
Bank capital to asset ratio (%) 4.6 9.8 6.3
Bank nonperforming loans to total gross loans ratio (%) 13.7 3.2 1.9
Domestic credit to the private sector (% of GDP) 51.1 44.7 155.9
Real interest rate (%) 5.0 6.8
Interest rate spread (percentage points) 6.4 4.3 3.9

Infrastructure
Paved roads (% of total roads) 87.0 87.0 87.0
Electric power consumption (kWh per capita) 4,956 5,250 9,753
Power outages in a typical month (number) .. 1.3
Mobile cellular subscriptions (per 100 people) 23.1 102.1 106.1
Internet users (per 100 people) 9.4 66.0 69.1

The Little Data Book on Private Sector Development 2010 187


Slovenia High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 2.0 2.0 1,069
Labor force (millions) 0.96 1.0 502
Unemployment rate (% of labor force) 7.2 4.4 5.9
GNI per capita, World Bank Atlas method ($) 11,090 24,230 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.4 4.4 2.3
Agriculture value added (% of GDP) 3.3 2.4 1.5
Industry value added (% of GDP) 35.8 34.4 25.7
Manufacturing value added (% of GDP) 25.8 23.4 16.8
Services value added (% of GDP) 60.9 63.3 72.8
Inflation (annual % change in consumer price index) 8.9 5.7
Exchange rate (local currency units per $) 0.9 0.7
Exports of goods and services (% of GDP) 53.9 70.2 28.1
Imports of goods and services (% of GDP) 57.4 71.5 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 53
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 37.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 37.5 39.2
Highest marginal tax rate, corporate (%) 25 22
Business entry rate (new registrations as % of total) 4.0 10.5 11.5
New business density (new regis. per working-age pop.) 1.2 3.5 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 4.4 7.3
Firms expected to give gifts in meetings w/tax officials (%) 14.7 14.0
Firms using banks to finance investments (% of firms) 12.7 52.2
Delay in obtaining an electrical connection (days) 6.4 60.8
ISO certification ownership (% of firms) 32.0 28.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 0.7 3.5 2.8
Gross fixed capital formation (% of GDP) 26.1 27.5 20.7
Gross fixed private capital formation (% of GDP) 57.3 59.1 ..

Finance and banking


Government cash surplus or deficit (% of GDP) –1.1 –0.2 –1.0
Government debt (% of GDP) 22.2 .. 43.4
Deposit money banks’ assets (% of GDP) 43.6 70.0 99.4
Total financial system deposits (% of GDP) 41.2 51.9 ..
Bank capital to asset ratio (%) 10.1 8.4 6.3
Bank nonperforming loans to total gross loans ratio (%) 6.5 1.6 1.9
Domestic credit to the private sector (% of GDP) 35.9 85.6 155.9
Real interest rate (%) 9.9 2.5
Interest rate spread (percentage points) 5.7 2.6 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 5,778 7,138 9,753
Power outages in a typical month (number) .. 2.7
Mobile cellular subscriptions (per 100 people) 61.1 101.7 106.1
Internet users (per 100 people) 15.1 55.7 69.1

188 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Solomon Islands Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.42 0.51 3,703
Labor force (millions) 0.09 0.11 1,728
Unemployment rate (% of labor force) 31.9 .. 5.5
GNI per capita, World Bank Atlas method ($) 1,000 1,010 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –1.9 4.5 8.3
Agriculture value added (% of GDP) 34.7 36.0 13.4
Industry value added (% of GDP) 12.7 6.8 41.1
Manufacturing value added (% of GDP) 8.0 4.9 26.6
Services value added (% of GDP) 52.6 57.2 45.5
Inflation (annual % change in consumer price index) 7.9 17.3
Exchange rate (local currency units per $) 5.1 7.7
Exports of goods and services (% of GDP) 24.1 36.1 35.4
Imports of goods and services (% of GDP) 38.6 57.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 104
Time to start a business (days) .. 57 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 44.0 58.6
Closing a business (years to resolve insolvency) .. 1.0 3.3
Total tax rate (% of profit) .. 36.3 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 5 31,715
Private foreign direct investment, net (% of GDP) 3.0 11.8 3.4
Gross fixed capital formation (% of GDP) 6.1 13.4 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 23.5 .. 98.1
Total financial system deposits (% of GDP) 24.1 .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 23.3 41.7 82.6
Real interest rate (%) 3.5 0.1
Interest rate spread (percentage points) 12.0 13.4 6.6

Infrastructure
Paved roads (% of total roads) 2.4 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.3 5.9 47.0
Internet users (per 100 people) 0.5 2.0 13.9

The Little Data Book on Private Sector Development 2010 189


Somalia
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 7.4 8.9 976
Labor force (millions) 2.9 3.5 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) .. .. 523
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 5.8
Agriculture value added (% of GDP) .. .. 25.0
Industry value added (% of GDP) .. .. 28.5
Manufacturing value added (% of GDP) .. .. 14.3
Services value added (% of GDP) .. .. 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) .. .. 33.9
Imports of goods and services (% of GDP) .. .. 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 44
Procedures to start a business (number) .. .. 9
Firing cost (weeks of wages) .. .. 68.7
Closing a business (years to resolve insolvency) .. .. 3.8
Total tax rate (% of profit) .. .. 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1 1 7,503
Private foreign direct investment, net (% of GDP) .. .. 5.1
Gross fixed capital formation (% of GDP) .. .. 26.0
Gross fixed private capital formation (% of GDP) .. .. 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) .. .. 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 11.8 .. 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.1 7.0 28.5
Internet users (per 100 people) 0.2 1.1 4.6

190 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
South Africa Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 44.0 48.7 949
Labor force (millions) 15.3 18.6 432
Unemployment rate (% of labor force) 26.7 22.9 8.0
GNI per capita, World Bank Atlas method ($) 3,050 5,820 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.5 4.3 4.6
Agriculture value added (% of GDP) 3.3 3.3 6.1
Industry value added (% of GDP) 31.8 33.7 33.7
Manufacturing value added (% of GDP) 19.0 18.8 17.3
Services value added (% of GDP) 64.9 63.0 60.2
Inflation (annual % change in consumer price index) 5.3 9.9
Exchange rate (local currency units per $) 6.9 8.3
Exports of goods and services (% of GDP) 27.9 35.4 27.8
Imports of goods and services (% of GDP) 24.9 38.5 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 34
Time to start a business (days) .. 22 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 24.0 37.4
Closing a business (years to resolve insolvency) .. 2.0 2.9
Total tax rate (% of profit) .. 30.2 44.3
Highest marginal tax rate, corporate (%) 38 35
Business entry rate (new registrations as % of total) 5.8 7.5 10.8
New business density (new regis. per working-age pop.) 1.1 1.4 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 6.0
Firms expected to give gifts in meetings w/tax officials (%) .. 3.1
Firms using banks to finance investments (% of firms) .. 34.8
Delay in obtaining an electrical connection (days) .. 15.8
ISO certification ownership (% of firms) .. 26.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,891 1,927 82,923
Private foreign direct investment, net (% of GDP) 0.7 3.5 3.6
Gross fixed capital formation (% of GDP) 15.1 23.2 21.9
Gross fixed private capital formation (% of GDP) 12.4 15.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –2.0 –0.4 ..
Government debt (% of GDP) 45.3 .. ..
Deposit money banks’ assets (% of GDP) 70.7 81.3 51.2
Total financial system deposits (% of GDP) 50.1 59.8 39.9
Bank capital to asset ratio (%) 8.7 7.9 9.4
Bank nonperforming loans to total gross loans ratio (%) 3.1 3.9 3.6
Domestic credit to the private sector (% of GDP) 133.7 145.2 44.6
Real interest rate (%) 5.2 3.9
Interest rate spread (percentage points) 5.3 3.5 6.2

Infrastructure
Paved roads (% of total roads) 20.3 .. 41.8
Electric power consumption (kWh per capita) 4,417 4,986 3,052
Power outages in a typical month (number) .. 2.1
Mobile cellular subscriptions (per 100 people) 19.0 92.4 95.3
Internet users (per 100 people) 5.5 8.6 30.6

The Little Data Book on Private Sector Development 2010 191


Spain High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 40.3 45.6 1,069
Labor force (millions) 18.0 22.8 502
Unemployment rate (% of labor force) 13.9 11.3 5.9
GNI per capita, World Bank Atlas method ($) 15,420 31,930 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 3.3 2.3
Agriculture value added (% of GDP) 4.4 2.8 1.5
Industry value added (% of GDP) 29.2 28.9 25.7
Manufacturing value added (% of GDP) 18.6 15.2 16.8
Services value added (% of GDP) 66.4 68.3 72.8
Inflation (annual % change in consumer price index) 3.4 4.1
Exchange rate (local currency units per $) 1.1 0.7
Exports of goods and services (% of GDP) 29.0 26.4 28.1
Imports of goods and services (% of GDP) 32.2 32.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 62
Time to start a business (days) .. 47 19
Procedures to start a business (number) .. 10 6
Firing cost (weeks of wages) .. 56.0 39.3
Closing a business (years to resolve insolvency) .. 1.0 2.1
Total tax rate (% of profit) .. 56.9 39.2
Highest marginal tax rate, corporate (%) 35 30
Business entry rate (new registrations as % of total) 7.8 6.0 11.5
New business density (new regis. per working-age pop.) 4.2 5.3 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 0.8
Firms expected to give gifts in meetings w/tax officials (%) .. 14.3
Firms using banks to finance investments (% of firms) .. 32.6
Delay in obtaining an electrical connection (days) .. 9.3
ISO certification ownership (% of firms) .. 21.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 6.7 4.4 2.8
Gross fixed capital formation (% of GDP) 25.8 29.4 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) –0.5 –2.0 –1.0
Government debt (% of GDP) 58.9 33.8 43.4
Deposit money banks’ assets (% of GDP) 105.6 .. 99.4
Total financial system deposits (% of GDP) 58.1 .. ..
Bank capital to asset ratio (%) 8.5 6.4 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.2 3.4 1.9
Domestic credit to the private sector (% of GDP) 97.7 201.4 155.9
Real interest rate (%) 1.7 ..
Interest rate spread (percentage points) 2.2 .. 3.9

Infrastructure
Paved roads (% of total roads) 99.0 99.0 87.0
Electric power consumption (kWh per capita) 5,207 6,296 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 60.3 109.0 106.1
Internet users (per 100 people) 13.6 55.4 69.1

192 2010 The Little Data Book on Private Sector Development


South Asia
Sri Lanka
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 18.7 20.2 3,703
Labor force (millions) 7.8 8.3 1,728
Unemployment rate (% of labor force) 7.7 5.2 5.5
GNI per capita, World Bank Atlas method ($) 880 1,780 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.1 5.5 8.3
Agriculture value added (% of GDP) 19.9 13.4 13.4
Industry value added (% of GDP) 27.3 29.4 41.1
Manufacturing value added (% of GDP) 16.8 18.0 26.6
Services value added (% of GDP) 52.8 57.3 45.5
Inflation (annual % change in consumer price index) 6.2 22.6
Exchange rate (local currency units per $) 77.0 108.3
Exports of goods and services (% of GDP) 39.0 24.9 35.4
Imports of goods and services (% of GDP) 49.6 38.3 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 105
Time to start a business (days) .. 38 34
Procedures to start a business (number) .. 4 9
Firing cost (weeks of wages) .. 217.0 58.6
Closing a business (years to resolve insolvency) .. 1.7 3.3
Total tax rate (% of profit) .. 63.7 40.1
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) 0.2 0.3 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 3.5
Firms expected to give gifts in meetings w/tax officials (%) .. 2.7
Firms using banks to finance investments (% of firms) .. 26.2
Delay in obtaining an electrical connection (days) .. 83.4
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 160 301 31,715
Private foreign direct investment, net (% of GDP) 1.1 1.9 3.4
Gross fixed capital formation (% of GDP) 28.0 25.3 34.5
Gross fixed private capital formation (% of GDP) 24.8 19.3 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –8.4 –6.5 –1.5
Government debt (% of GDP) 96.9 85.0 ..
Deposit money banks’ assets (% of GDP) 32.1 38.6 98.1
Total financial system deposits (% of GDP) 31.1 32.3 48.0
Bank capital to asset ratio (%) 4.4 .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 15.3 .. 4.4
Domestic credit to the private sector (% of GDP) 28.8 28.9 82.6
Real interest rate (%) 8.3 2.2
Interest rate spread (percentage points) 7.0 8.0 6.6

Infrastructure
Paved roads (% of total roads) 85.8 81.0 37.6
Electric power consumption (kWh per capita) 296 417 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 2.3 55.0 47.0
Internet users (per 100 people) 0.6 5.8 13.9

The Little Data Book on Private Sector Development 2010 193


St. Kitts and Nevis
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.04 0.05 949
Labor force (millions) .. .. 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) 6,470 10,870 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.3 4.3 4.6
Agriculture value added (% of GDP) 2.7 2.6 6.1
Industry value added (% of GDP) 28.8 26.6 33.7
Manufacturing value added (% of GDP) 10.4 8.3 17.3
Services value added (% of GDP) 68.5 70.8 60.2
Inflation (annual % change in consumer price index) 2.0 5.5
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 46.0 40.9 27.8
Imports of goods and services (% of GDP) 76.3 71.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 76
Time to start a business (days) .. 45 47
Procedures to start a business (number) .. 8 8
Firing cost (weeks of wages) .. 13.0 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. 52.7 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 4 1 82,923
Private foreign direct investment, net (% of GDP) 29.5 16.1 3.6
Gross fixed capital formation (% of GDP) 50.1 41.6 21.9
Gross fixed private capital formation (% of GDP) 39.7 41.9 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –3.3 ..
Government debt (% of GDP) .. 95.8 ..
Deposit money banks’ assets (% of GDP) 117.3 140.0 51.2
Total financial system deposits (% of GDP) 108.6 138.6 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 77.3 78.8 44.6
Real interest rate (%) 6.8 10.8
Interest rate spread (percentage points) 6.8 4.2 6.2

Infrastructure
Paved roads (% of total roads) 42.5 .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 2.7 162.6 95.3
Internet users (per 100 people) 6.1 32.5 30.6

194 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
St. Lucia
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.16 0.17 949
Labor force (millions) 0.06 0.08 432
Unemployment rate (% of labor force) 16.5 21.0 8.0
GNI per capita, World Bank Atlas method ($) 4,130 5,410 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.0 3.2 4.6
Agriculture value added (% of GDP) 7.1 4.8 6.1
Industry value added (% of GDP) 19.0 17.8 33.7
Manufacturing value added (% of GDP) 5.1 5.8 17.3
Services value added (% of GDP) 74.0 77.5 60.2
Inflation (annual % change in consumer price index) 3.6 7.1
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 53.3 51.5 27.8
Imports of goods and services (% of GDP) 63.0 75.8 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 36
Time to start a business (days) .. 14 47
Procedures to start a business (number) .. 5 8
Firing cost (weeks of wages) .. 56.0 37.4
Closing a business (years to resolve insolvency) .. 2.0 2.9
Total tax rate (% of profit) .. 34.4 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 15 11 82,923
Private foreign direct investment, net (% of GDP) 7.6 10.5 3.6
Gross fixed capital formation (% of GDP) 25.7 25.9 21.9
Gross fixed private capital formation (% of GDP) 16.5 18.1 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 84.4 119.9 51.2
Total financial system deposits (% of GDP) 70.8 93.0 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 77.6 128.2 44.6
Real interest rate (%) 10.7 6.6
Interest rate spread (percentage points) 8.3 6.9 6.2

Infrastructure
Paved roads (% of total roads) .. .. 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.6 99.6 95.3
Internet users (per 100 people) 5.1 58.8 30.6

The Little Data Book on Private Sector Development 2010 195


St. Vincent & Grenadines
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.11 0.11 949
Labor force (millions) 0.05 0.05 432
Unemployment rate (% of labor force) .. .. 8.0
GNI per capita, World Bank Atlas method ($) 2,920 5,050 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.7 4.8 4.6
Agriculture value added (% of GDP) 10.7 7.9 6.1
Industry value added (% of GDP) 23.7 29.2 33.7
Manufacturing value added (% of GDP) 6.0 4.4 17.3
Services value added (% of GDP) 65.7 62.9 60.2
Inflation (annual % change in consumer price index) 0.2 10.1
Exchange rate (local currency units per $) 2.7 2.7
Exports of goods and services (% of GDP) 52.9 43.0 27.8
Imports of goods and services (% of GDP) 59.1 66.6 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 70
Time to start a business (days) .. 11 47
Procedures to start a business (number) .. 7 8
Firing cost (weeks of wages) .. 54.0 37.4
Closing a business (years to resolve insolvency) .. .. 2.9
Total tax rate (% of profit) .. 41.0 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 35 82,923
Private foreign direct investment, net (% of GDP) 11.1 20.0 3.6
Gross fixed capital formation (% of GDP) 27.0 37.9 21.9
Gross fixed private capital formation (% of GDP) 20.0 27.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 76.8 73.9 51.2
Total financial system deposits (% of GDP) 85.7 69.8 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 64.7 56.9 44.6
Real interest rate (%) 11.1 0.5
Interest rate spread (percentage points) 6.9 6.7 6.2

Infrastructure
Paved roads (% of total roads) 68.0 70.0 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 2.2 119.2 95.3
Internet users (per 100 people) 3.2 60.5 30.6

196 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Sudan
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 34.9 41.3 3,703
Labor force (millions) 10.5 13.1 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 320 1,100 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.2 7.4 8.3
Agriculture value added (% of GDP) 41.7 25.8 13.4
Industry value added (% of GDP) 21.5 34.1 41.1
Manufacturing value added (% of GDP) 8.6 5.7 26.6
Services value added (% of GDP) 36.8 40.1 45.5
Inflation (annual % change in consumer price index) 8.0 14.3
Exchange rate (local currency units per $) 2.6 2.1
Exports of goods and services (% of GDP) 15.3 23.8 35.4
Imports of goods and services (% of GDP) 17.7 23.0 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 154
Time to start a business (days) .. 36 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 118.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 36.1 40.1
Highest marginal tax rate, corporate (%) .. 35
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 12 207 31,715
Private foreign direct investment, net (% of GDP) 3.2 4.6 3.4
Gross fixed capital formation (% of GDP) 12.1 20.2 34.5
Gross fixed private capital formation (% of GDP) 9.7 12.8 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –0.4 .. –1.5
Government debt (% of GDP) 8.7 .. ..
Deposit money banks’ assets (% of GDP) 2.1 13.3 98.1
Total financial system deposits (% of GDP) 5.3 14.3 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 2.2 10.9 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) 36.3 .. 37.6
Electric power consumption (kWh per capita) 62 90 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.1 29.0 47.0
Internet users (per 100 people) 0.0 10.2 13.9

The Little Data Book on Private Sector Development 2010 197


Suriname
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.47 0.52 949
Labor force (millions) 0.16 0.19 432
Unemployment rate (% of labor force) 13.8 .. 8.0
GNI per capita, World Bank Atlas method ($) 1,930 4,760 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.7 5.4 4.6
Agriculture value added (% of GDP) 11.2 4.7 6.1
Industry value added (% of GDP) 25.2 40.2 33.7
Manufacturing value added (% of GDP) 9.0 20.7 17.3
Services value added (% of GDP) 63.7 55.1 60.2
Inflation (annual % change in consumer price index) 59.4 13.2
Exchange rate (local currency units per $) 1.3 2.7
Exports of goods and services (% of GDP) 19.7 30.7 27.8
Imports of goods and services (% of GDP) 33.2 45.6 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 155
Time to start a business (days) .. 694 47
Procedures to start a business (number) .. 13 8
Firing cost (weeks of wages) .. 26.0 37.4
Closing a business (years to resolve insolvency) .. 5.0 2.9
Total tax rate (% of profit) .. 27.9 44.3
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. 60 82,923
Private foreign direct investment, net (% of GDP) –16.6 –7.7 3.6
Gross fixed capital formation (% of GDP) 12.4 25.1 21.9
Gross fixed private capital formation (% of GDP) 9.8 19.8 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 12.3 26.5 51.2
Total financial system deposits (% of GDP) 17.6 48.2 39.9
Bank capital to asset ratio (%) .. .. 9.4
Bank nonperforming loans to total gross loans ratio (%) .. .. 3.6
Domestic credit to the private sector (% of GDP) 8.4 26.1 44.6
Real interest rate (%) –16.7 –5.7
Interest rate spread (percentage points) 13.5 5.9 6.2

Infrastructure
Paved roads (% of total roads) 26.0 26.3 41.8
Electric power consumption (kWh per capita) .. .. 3,052
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 8.8 80.8 95.3
Internet users (per 100 people) 2.5 9.7 30.6

198 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Swaziland
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.1 1.2 3,703
Labor force (millions) 0.37 0.44 1,728
Unemployment rate (% of labor force) 22.5 28.2 5.5
GNI per capita, World Bank Atlas method ($) 1,550 2,600 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.3 2.6 8.3
Agriculture value added (% of GDP) 12.5 7.3 13.4
Industry value added (% of GDP) 45.0 49.4 41.1
Manufacturing value added (% of GDP) 39.5 44.4 26.6
Services value added (% of GDP) 42.6 43.3 45.5
Inflation (annual % change in consumer price index) 12.2 13.7
Exchange rate (local currency units per $) 6.9 8.3
Exports of goods and services (% of GDP) 76.1 68.6 35.4
Imports of goods and services (% of GDP) 90.1 80.7 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 115
Time to start a business (days) .. 61 34
Procedures to start a business (number) .. 13 9
Firing cost (weeks of wages) .. 53.0 58.6
Closing a business (years to resolve insolvency) .. 2.0 3.3
Total tax rate (% of profit) .. 36.6 40.1
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.4
Firms expected to give gifts in meetings w/tax officials (%) .. 3.3
Firms using banks to finance investments (% of firms) .. 7.7
Delay in obtaining an electrical connection (days) .. 16.9
ISO certification ownership (% of firms) .. 22.1

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 5 20 31,715
Private foreign direct investment, net (% of GDP) 6.1 0.4 3.4
Gross fixed capital formation (% of GDP) 17.4 16.5 34.5
Gross fixed private capital formation (% of GDP) 11.5 8.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. –2.8 –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 13.2 22.6 98.1
Total financial system deposits (% of GDP) 19.6 19.5 48.0
Bank capital to asset ratio (%) .. 20.7 10.2
Bank nonperforming loans to total gross loans ratio (%) .. 8.4 4.4
Domestic credit to the private sector (% of GDP) 12.8 23.6 82.6
Real interest rate (%) 13.8 4.3
Interest rate spread (percentage points) 7.5 6.7 6.6

Infrastructure
Paved roads (% of total roads) 30.0 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 2.5
Mobile cellular subscriptions (per 100 people) 3.1 45.5 47.0
Internet users (per 100 people) 0.9 6.9 13.9

The Little Data Book on Private Sector Development 2010 199


Sweden High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 8.9 9.2 1,069
Labor force (millions) 4.5 5.0 502
Unemployment rate (% of labor force) 5.8 6.2 5.9
GNI per capita, World Bank Atlas method ($) 29,280 50,910 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.4 2.8 2.3
Agriculture value added (% of GDP) 2.0 1.6 1.5
Industry value added (% of GDP) 28.6 27.9 25.7
Manufacturing value added (% of GDP) 22.0 20.0 16.8
Services value added (% of GDP) 69.4 70.5 72.8
Inflation (annual % change in consumer price index) 1.0 3.4
Exchange rate (local currency units per $) 9.2 6.6
Exports of goods and services (% of GDP) 46.6 54.2 28.1
Imports of goods and services (% of GDP) 40.3 46.8 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 18
Time to start a business (days) .. 15 19
Procedures to start a business (number) .. 3 6
Firing cost (weeks of wages) .. 26.0 39.3
Closing a business (years to resolve insolvency) .. 2.0 2.1
Total tax rate (% of profit) .. 54.6 39.2
Highest marginal tax rate, corporate (%) 28 28
Business entry rate (new registrations as % of total) 7.5 8.6 11.5
New business density (new regis. per working-age pop.) 3.6 4.7 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 9.0 8.7 2.8
Gross fixed capital formation (% of GDP) 17.6 19.5 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.5 .. –1.0
Government debt (% of GDP) 60.7 47.3 43.4
Deposit money banks’ assets (% of GDP) 46.4 134.4 99.4
Total financial system deposits (% of GDP) 0.1 54.0 ..
Bank capital to asset ratio (%) 6.5 4.7 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.6 1.0 1.9
Domestic credit to the private sector (% of GDP) 42.6 129.6 155.9
Real interest rate (%) 4.3 2.4
Interest rate spread (percentage points) 3.7 2.5 3.9

Infrastructure
Paved roads (% of total roads) 77.5 31.7 87.0
Electric power consumption (kWh per capita) 15,687 15,238 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 71.8 118.1 106.1
Internet users (per 100 people) 45.6 87.7 69.1

200 2010 The Little Data Book on Private Sector Development


Switzerland High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 7.2 7.6 1,069
Labor force (millions) 4.0 4.4 502
Unemployment rate (% of labor force) 2.7 3.4 5.9
GNI per capita, World Bank Atlas method ($) 40,270 55,510 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.0 1.9 2.3
Agriculture value added (% of GDP) 1.6 1.2 1.5
Industry value added (% of GDP) 27.3 28.0 25.7
Manufacturing value added (% of GDP) 19.0 19.9 16.8
Services value added (% of GDP) 71.1 70.8 72.8
Inflation (annual % change in consumer price index) 1.5 2.4
Exchange rate (local currency units per $) 1.7 1.1
Exports of goods and services (% of GDP) 46.5 55.9 28.1
Imports of goods and services (% of GDP) 40.7 46.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 21
Time to start a business (days) .. 20 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 13.0 39.3
Closing a business (years to resolve insolvency) .. 3.0 2.1
Total tax rate (% of profit) .. 29.7 39.2
Highest marginal tax rate, corporate (%) 25 21
Business entry rate (new registrations as % of total) 12.7 11.3 11.5
New business density (new regis. per working-age pop.) 3.3 3.6 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 7.9 1.3 2.8
Gross fixed capital formation (% of GDP) 22.7 22.0 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 2.2 1.1 –1.0
Government debt (% of GDP) 25.6 23.6 43.4
Deposit money banks’ assets (% of GDP) 172.9 179.8 99.4
Total financial system deposits (% of GDP) 129.4 134.7 ..
Bank capital to asset ratio (%) 6.0 4.6 6.3
Bank nonperforming loans to total gross loans ratio (%) 4.1 0.5 1.9
Domestic credit to the private sector (% of GDP) 158.5 168.2 155.9
Real interest rate (%) 3.1 1.1
Interest rate spread (percentage points) 1.3 3.2 3.9

Infrastructure
Paved roads (% of total roads) .. 100.0 87.0
Electric power consumption (kWh per capita) 7,847 8,164 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 64.6 116.3 106.1
Internet users (per 100 people) 47.9 75.9 69.1

The Little Data Book on Private Sector Development 2010 201


Syrian Arab Republic
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 16.5 20.6 3,703
Labor force (millions) 4.9 6.7 1,728
Unemployment rate (% of labor force) 2.3 10.3 5.5
GNI per capita, World Bank Atlas method ($) 960 2,160 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 4.4 8.3
Agriculture value added (% of GDP) 23.8 20.0 13.4
Industry value added (% of GDP) 37.9 35.0 41.1
Manufacturing value added (% of GDP) 6.5 12.8 26.6
Services value added (% of GDP) 38.3 45.0 45.5
Inflation (annual % change in consumer price index) –3.8 15.7
Exchange rate (local currency units per $) 11.2 11.2
Exports of goods and services (% of GDP) 35.4 31.3 35.4
Imports of goods and services (% of GDP) 28.6 31.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 143
Time to start a business (days) .. 17 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 80.0 58.6
Closing a business (years to resolve insolvency) .. 4.1 3.3
Total tax rate (% of profit) .. 42.9 40.1
Highest marginal tax rate, corporate (%) 45 28
Business entry rate (new registrations as % of total) 9.2 9.5 8.8
New business density (new regis. per working-age pop.) 0.0 0.0 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 10.3
Firms expected to give gifts in meetings w/tax officials (%) .. 68.8
Firms using banks to finance investments (% of firms) .. 7.6
Delay in obtaining an electrical connection (days) .. 61.8
ISO certification ownership (% of firms) .. 7.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 161 95 31,715
Private foreign direct investment, net (% of GDP) 1.4 3.1 3.4
Gross fixed capital formation (% of GDP) 17.3 16.4 34.5
Gross fixed private capital formation (% of GDP) 6.3 9.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 33.6 32.1 98.1
Total financial system deposits (% of GDP) 32.6 40.1 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 8.3 15.6 82.6
Real interest rate (%) –0.6 –3.1
Interest rate spread (percentage points) 5.0 1.8 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) 1,058 1,469 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 34.3 47.0
Internet users (per 100 people) 0.2 17.3 13.9

202 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Tajikistan Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 6.2 6.8 976
Labor force (millions) 2.0 2.8 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 160 600 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.1 8.6 5.8
Agriculture value added (% of GDP) 27.4 18.0 25.0
Industry value added (% of GDP) 38.9 22.9 28.5
Manufacturing value added (% of GDP) 33.7 16.5 14.3
Services value added (% of GDP) 33.7 59.0 46.5
Inflation (annual % change in consumer price index) 38.6 20.5
Exchange rate (local currency units per $) 2.1 3.4
Exports of goods and services (% of GDP) 98.8 16.7 33.9
Imports of goods and services (% of GDP) 100.9 58.3 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 152
Time to start a business (days) .. 25 44
Procedures to start a business (number) .. 12 9
Firing cost (weeks of wages) .. 30.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 85.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) 0.1 0.2 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 6.1 11.7
Firms expected to give gifts in meetings w/tax officials (%) 87.2 33.0
Firms using banks to finance investments (% of firms) 3.9 21.4
Delay in obtaining an electrical connection (days) 11.9 28.3
ISO certification ownership (% of firms) 8.6 16.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 9 53 7,503
Private foreign direct investment, net (% of GDP) 2.7 7.3 5.1
Gross fixed capital formation (% of GDP) 9.5 19.3 26.0
Gross fixed private capital formation (% of GDP) 2.8 5.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –0.8 –6.6 ..
Government debt (% of GDP) 114.1 .. ..
Deposit money banks’ assets (% of GDP) 11.9 19.5 40.6
Total financial system deposits (% of GDP) 2.8 7.4 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 13.8 29.0 36.5
Real interest rate (%) 2.4 –3.1
Interest rate spread (percentage points) 24.3 14.4 10.8

Infrastructure
Paved roads (% of total roads) .. .. 12.1
Electric power consumption (kWh per capita) 2,177 2,176 324
Power outages in a typical month (number) .. 6.3
Mobile cellular subscriptions (per 100 people) 0.0 53.7 28.5
Internet users (per 100 people) 0.0 8.8 4.6

The Little Data Book on Private Sector Development 2010 203


Tanzania
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 34.1 42.5 976
Labor force (millions) 16.8 20.8 441
Unemployment rate (% of labor force) 5.1 4.3 ..
GNI per capita, World Bank Atlas method ($) 270 440 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.9 6.8 5.8
Agriculture value added (% of GDP) 45.0 45.3 25.0
Industry value added (% of GDP) 15.7 17.4 28.5
Manufacturing value added (% of GDP) 7.5 6.9 14.3
Services value added (% of GDP) 39.2 37.3 46.5
Inflation (annual % change in consumer price index) 5.9 10.3
Exchange rate (local currency units per $) 800.4 1,196.3
Exports of goods and services (% of GDP) 16.8 21.7 33.9
Imports of goods and services (% of GDP) 24.2 27.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 131
Time to start a business (days) .. 29 44
Procedures to start a business (number) .. 12 9
Firing cost (weeks of wages) .. 18.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 45.2 74.4
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. 6.6 18.2
New business density (new regis. per working-age pop.) 0.2 0.2 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 4.0
Firms expected to give gifts in meetings w/tax officials (%) .. 14.7
Firms using banks to finance investments (% of firms) .. 6.8
Delay in obtaining an electrical connection (days) .. 44.3
ISO certification ownership (% of firms) .. 14.7

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 61 477 7,503
Private foreign direct investment, net (% of GDP) 5.1 3.6 5.1
Gross fixed capital formation (% of GDP) 17.4 16.4 26.0
Gross fixed private capital formation (% of GDP) 11.4 9.8 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 4.6 16.3 36.5
Real interest rate (%) 13.1 5.6
Interest rate spread (percentage points) 14.2 6.9 10.8

Infrastructure
Paved roads (% of total roads) .. 8.6 12.1
Electric power consumption (kWh per capita) 58 82 324
Power outages in a typical month (number) .. 12.0
Mobile cellular subscriptions (per 100 people) 0.3 30.6 28.5
Internet users (per 100 people) 0.1 1.2 4.6

204 2010 The Little Data Book on Private Sector Development


East Asia & Pacific
Thailand
Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 62.3 67.4 3,703
Labor force (millions) 34.3 38.5 1,728
Unemployment rate (% of labor force) 2.4 1.4 5.5
GNI per capita, World Bank Atlas method ($) 1,960 3,670 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –0.7 5.2 8.3
Agriculture value added (% of GDP) 9.0 11.6 13.4
Industry value added (% of GDP) 42.0 44.2 41.1
Manufacturing value added (% of GDP) 33.6 34.9 26.6
Services value added (% of GDP) 49.0 44.2 45.5
Inflation (annual % change in consumer price index) 1.6 5.5
Exchange rate (local currency units per $) 40.1 33.3
Exports of goods and services (% of GDP) 66.8 76.6 35.4
Imports of goods and services (% of GDP) 58.1 73.9 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 12
Time to start a business (days) .. 32 34
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 54.0 58.6
Closing a business (years to resolve insolvency) .. 2.7 3.3
Total tax rate (% of profit) .. 37.2 40.1
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) 8.2 8.5 8.8
New business density (new regis. per working-age pop.) 0.4 0.6 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 0.4
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. 74.4
Delay in obtaining an electrical connection (days) .. 27.9
ISO certification ownership (% of firms) .. 39.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 1,377 2,747 31,715
Private foreign direct investment, net (% of GDP) 2.7 3.6 3.4
Gross fixed capital formation (% of GDP) 22.0 27.4 34.5
Gross fixed private capital formation (% of GDP) 13.8 20.8 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. 0.5 –1.5
Government debt (% of GDP) .. 24.0 ..
Deposit money banks’ assets (% of GDP) 131.6 103.9 98.1
Total financial system deposits (% of GDP) 103.3 93.3 48.0
Bank capital to asset ratio (%) 7.5 9.5 10.2
Bank nonperforming loans to total gross loans ratio (%) 17.7 5.7 4.4
Domestic credit to the private sector (% of GDP) 108.3 113.1 82.6
Real interest rate (%) 6.4 3.1
Interest rate spread (percentage points) 4.5 4.6 6.6

Infrastructure
Paved roads (% of total roads) 98.5 .. 37.6
Electric power consumption (kWh per capita) 1,462 2,055 1,310
Power outages in a typical month (number) .. 1.3
Mobile cellular subscriptions (per 100 people) 4.9 92.0 47.0
Internet users (per 100 people) 3.7 23.9 13.9

The Little Data Book on Private Sector Development 2010 205


Timor-Leste
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.82 1.1 3,703
Labor force (millions) 0.28 0.43 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 330 2,460 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) .. 1.9 8.3
Agriculture value added (% of GDP) 25.8 .. 13.4
Industry value added (% of GDP) 18.5 .. 41.1
Manufacturing value added (% of GDP) 2.8 .. 26.6
Services value added (% of GDP) 55.7 .. 45.5
Inflation (annual % change in consumer price index) .. 9.1
Exchange rate (local currency units per $) 180.1 ..
Exports of goods and services (% of GDP) .. .. 35.4
Imports of goods and services (% of GDP) .. .. 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 164
Time to start a business (days) .. 83 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 17.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 0.2 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. 2.6
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. 9.1
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. 31,715
Private foreign direct investment, net (% of GDP) .. .. 3.4
Gross fixed capital formation (% of GDP) 21.8 .. 34.5
Gross fixed private capital formation (% of GDP) 7.7 .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 2.2 20.6 82.6
Real interest rate (%) .. 2.2
Interest rate spread (percentage points) .. 12.3 6.6

Infrastructure
Paved roads (% of total roads) .. .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) .. .. 47.0
Internet users (per 100 people) .. .. 13.9

206 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Togo
Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 5.2 6.5 976
Labor force (millions) 2.2 2.9 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 280 410 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 2.4 5.8
Agriculture value added (% of GDP) 34.2 43.7 25.0
Industry value added (% of GDP) 17.8 24.0 28.5
Manufacturing value added (% of GDP) 8.4 10.1 14.3
Services value added (% of GDP) 47.9 32.4 46.5
Inflation (annual % change in consumer price index) 1.9 8.7
Exchange rate (local currency units per $) 712.0 447.8
Exports of goods and services (% of GDP) 30.7 41.9 33.9
Imports of goods and services (% of GDP) 50.7 62.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 165
Time to start a business (days) .. 75 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 36.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 52.7 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 2.7
Firms expected to give gifts in meetings w/tax officials (%) .. 16.4
Firms using banks to finance investments (% of firms) .. 16.9
Delay in obtaining an electrical connection (days) .. 53.9
ISO certification ownership (% of firms) .. 6.6

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 68 190 7,503
Private foreign direct investment, net (% of GDP) 3.2 2.3 5.1
Gross fixed capital formation (% of GDP) 17.8 22.3 26.0
Gross fixed private capital formation (% of GDP) 14.8 19.5 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. 0.3 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 17.0 21.5 40.6
Total financial system deposits (% of GDP) 14.8 23.9 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 15.6 18.7 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 31.6 .. 12.1
Electric power consumption (kWh per capita) 89 96 324
Power outages in a typical month (number) .. 11.1
Mobile cellular subscriptions (per 100 people) 1.0 24.0 28.5
Internet users (per 100 people) 1.9 5.4 4.6

The Little Data Book on Private Sector Development 2010 207


Tonga
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.10 0.10 3,703
Labor force (millions) 0.04 0.04 1,728
Unemployment rate (% of labor force) .. 1.1 5.5
GNI per capita, World Bank Atlas method ($) 1,650 2,690 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 1.7 1.2 8.3
Agriculture value added (% of GDP) 28.0 25.6 13.4
Industry value added (% of GDP) 16.2 14.4 41.1
Manufacturing value added (% of GDP) 5.1 2.7 26.6
Services value added (% of GDP) 55.8 60.1 45.5
Inflation (annual % change in consumer price index) 6.3 10.4
Exchange rate (local currency units per $) 1.8 1.9
Exports of goods and services (% of GDP) 14.9 14.1 35.4
Imports of goods and services (% of GDP) 51.8 70.6 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 52
Time to start a business (days) .. 25 34
Procedures to start a business (number) .. 4 9
Firing cost (weeks of wages) .. .. 58.6
Closing a business (years to resolve insolvency) .. 2.7 3.3
Total tax rate (% of profit) .. 27.5 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 7 10 31,715
Private foreign direct investment, net (% of GDP) 3.0 2.2 3.4
Gross fixed capital formation (% of GDP) 17.9 17.1 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 55.1 58.9 98.1
Total financial system deposits (% of GDP) 40.3 45.9 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 62.1 63.3 82.6
Real interest rate (%) 9.7 7.3
Interest rate spread (percentage points) 6.0 5.9 6.6

Infrastructure
Paved roads (% of total roads) 27.0 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 48.7 47.0
Internet users (per 100 people) 2.4 8.1 13.9

208 2010 The Little Data Book on Private Sector Development


Trinidad and Tobago High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 1.3 1.3 1,069
Labor force (millions) 0.59 0.69 502
Unemployment rate (% of labor force) 12.1 6.5 5.9
GNI per capita, World Bank Atlas method ($) 5,190 16,590 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.0 8.4 2.3
Agriculture value added (% of GDP) 1.4 0.3 1.5
Industry value added (% of GDP) 49.5 62.4 25.7
Manufacturing value added (% of GDP) 7.3 5.3 16.8
Services value added (% of GDP) 49.1 37.3 72.8
Inflation (annual % change in consumer price index) 3.6 12.0
Exchange rate (local currency units per $) 6.3 6.3
Exports of goods and services (% of GDP) 59.1 73.4 28.1
Imports of goods and services (% of GDP) 45.5 42.3 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 81
Time to start a business (days) .. 43 19
Procedures to start a business (number) .. 9 6
Firing cost (weeks of wages) .. 67.0 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. 33.1 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 8.3 3.8 2.8
Gross fixed capital formation (% of GDP) 20.0 25.3 20.7
Gross fixed private capital formation (% of GDP) 14.3 19.4 ..

Finance and banking


Government cash surplus or deficit (% of GDP) 2.0 0.7 –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) 35.4 32.7 99.4
Total financial system deposits (% of GDP) 48.1 39.4 ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) 43.5 28.9 155.9
Real interest rate (%) 3.2 5.1
Interest rate spread (percentage points) 8.3 5.1 3.9

Infrastructure
Paved roads (% of total roads) 51.1 .. 87.0
Electric power consumption (kWh per capita) 3,907 5,642 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 12.5 112.9 106.1
Internet users (per 100 people) 7.7 17.0 69.1

The Little Data Book on Private Sector Development 2010 209


Tunisia
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 9.6 10.3 3,703
Labor force (millions) 3.2 3.8 1,728
Unemployment rate (% of labor force) 15.7 14.2 5.5
GNI per capita, World Bank Atlas method ($) 2,090 3,480 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.5 4.9 8.3
Agriculture value added (% of GDP) 12.3 9.9 13.4
Industry value added (% of GDP) 28.6 32.6 41.1
Manufacturing value added (% of GDP) 18.2 17.9 26.6
Services value added (% of GDP) 59.1 57.5 45.5
Inflation (annual % change in consumer price index) 3.0 4.9
Exchange rate (local currency units per $) 1.4 1.2
Exports of goods and services (% of GDP) 44.5 61.0 35.4
Imports of goods and services (% of GDP) 48.2 65.3 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 69
Time to start a business (days) .. 11 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 17.0 58.6
Closing a business (years to resolve insolvency) .. 1.3 3.3
Total tax rate (% of profit) .. 62.8 40.1
Highest marginal tax rate, corporate (%) .. 30
Business entry rate (new registrations as % of total) 12.9 10.5 8.8
New business density (new regis. per working-age pop.) 0.9 1.0 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 261 99 31,715
Private foreign direct investment, net (% of GDP) 3.9 6.5 3.4
Gross fixed capital formation (% of GDP) 26.0 25.3 34.5
Gross fixed private capital formation (% of GDP) 13.7 12.3 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –2.7 –0.7 –1.5
Government debt (% of GDP) 62.6 48.2 ..
Deposit money banks’ assets (% of GDP) 57.8 63.9 98.1
Total financial system deposits (% of GDP) 45.3 49.7 48.0
Bank capital to asset ratio (%) 7.5 .. 10.2
Bank nonperforming loans to total gross loans ratio (%) 21.6 15.5 4.4
Domestic credit to the private sector (% of GDP) 66.3 66.6 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) 68.4 65.8 37.6
Electric power consumption (kWh per capita) 991 1,248 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.2 83.3 47.0
Internet users (per 100 people) 2.7 27.1 13.9

210 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Turkey
Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 66.5 73.9 949
Labor force (millions) 23.1 25.8 432
Unemployment rate (% of labor force) 6.5 9.4 8.0
GNI per capita, World Bank Atlas method ($) 3,990 9,020 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.5 5.7 4.6
Agriculture value added (% of GDP) 11.3 8.6 6.1
Industry value added (% of GDP) 31.5 27.6 33.7
Manufacturing value added (% of GDP) 22.5 18.3 17.3
Services value added (% of GDP) 57.2 63.7 60.2
Inflation (annual % change in consumer price index) 54.9 10.4
Exchange rate (local currency units per $) 0.6 1.3
Exports of goods and services (% of GDP) 20.1 23.9 27.8
Imports of goods and services (% of GDP) 23.1 28.4 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 73
Time to start a business (days) .. 6 47
Procedures to start a business (number) .. 6 8
Firing cost (weeks of wages) .. 95.0 37.4
Closing a business (years to resolve insolvency) .. 3.3 2.9
Total tax rate (% of profit) .. 44.5 44.3
Highest marginal tax rate, corporate (%) 33 20
Business entry rate (new registrations as % of total) 9.4 12.3 10.8
New business density (new regis. per working-age pop.) 1.6 1.9 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 3.5 27.1
Firms expected to give gifts in meetings w/tax officials (%) 49.4 4.0
Firms using banks to finance investments (% of firms) 13.3 51.9
Delay in obtaining an electrical connection (days) 2.7 7.4
ISO certification ownership (% of firms) 8.7 30.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 8,215 9,231 82,923
Private foreign direct investment, net (% of GDP) 0.4 2.5 3.6
Gross fixed capital formation (% of GDP) 20.4 19.9 21.9
Gross fixed private capital formation (% of GDP) 15.7 16.0 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) .. –1.9 ..
Government debt (% of GDP) .. 44.5 ..
Deposit money banks’ assets (% of GDP) 32.6 45.6 51.2
Total financial system deposits (% of GDP) 28.5 37.4 39.9
Bank capital to asset ratio (%) 6.1 11.7 9.4
Bank nonperforming loans to total gross loans ratio (%) 9.2 3.6 3.6
Domestic credit to the private sector (% of GDP) 18.4 32.6 44.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.2

Infrastructure
Paved roads (% of total roads) 34.0 .. 41.8
Electric power consumption (kWh per capita) 1,573 2,238 3,052
Power outages in a typical month (number) .. 4.1
Mobile cellular subscriptions (per 100 people) 24.3 89.1 95.3
Internet users (per 100 people) 3.8 34.4 30.6

The Little Data Book on Private Sector Development 2010 211


Turkmenistan
Europe & Central Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 4.5 5.0 3,703
Labor force (millions) 1.8 2.4 1,728
Unemployment rate (% of labor force) .. .. 5.5
GNI per capita, World Bank Atlas method ($) 650 2,840 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.9 14.5 8.3
Agriculture value added (% of GDP) 24.4 12.3 13.4
Industry value added (% of GDP) 44.4 53.7 41.1
Manufacturing value added (% of GDP) 10.6 21.7 26.6
Services value added (% of GDP) 31.2 34.0 45.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 5,200.0 ..
Exports of goods and services (% of GDP) 95.5 80.5 35.4
Imports of goods and services (% of GDP) 80.9 50.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 34
Procedures to start a business (number) .. .. 9
Firing cost (weeks of wages) .. .. 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. .. 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 20 58 31,715
Private foreign direct investment, net (% of GDP) 4.5 5.3 3.4
Gross fixed capital formation (% of GDP) 34.7 6.5 34.5
Gross fixed private capital formation (% of GDP) .. 6.0 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 2.0 .. 82.6
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 6.6

Infrastructure
Paved roads (% of total roads) 81.2 .. 37.6
Electric power consumption (kWh per capita) 1,698 2,279 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 22.5 47.0
Internet users (per 100 people) 0.1 1.5 13.9

212 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Uganda Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 24.4 31.7 976
Labor force (millions) 10.5 13.6 441
Unemployment rate (% of labor force) .. 3.2 ..
GNI per capita, World Bank Atlas method ($) 270 420 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.4 7.5 5.8
Agriculture value added (% of GDP) 29.6 22.7 25.0
Industry value added (% of GDP) 22.9 25.8 28.5
Manufacturing value added (% of GDP) 7.8 7.6 14.3
Services value added (% of GDP) 47.5 51.5 46.5
Inflation (annual % change in consumer price index) 3.4 12.1
Exchange rate (local currency units per $) 1,644.5 1,720.4
Exports of goods and services (% of GDP) 10.6 15.6 33.9
Imports of goods and services (% of GDP) 22.5 33.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 112
Time to start a business (days) .. 25 44
Procedures to start a business (number) .. 18 9
Firing cost (weeks of wages) .. 13.0 68.7
Closing a business (years to resolve insolvency) .. 2.2 3.8
Total tax rate (% of profit) .. 35.7 74.4
Highest marginal tax rate, corporate (%) 30 30
Business entry rate (new registrations as % of total) .. 10.0 18.2
New business density (new regis. per working-age pop.) 0.4 0.7 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.2
Firms expected to give gifts in meetings w/tax officials (%) .. 14.5
Firms using banks to finance investments (% of firms) .. 7.7
Delay in obtaining an electrical connection (days) .. 33.0
ISO certification ownership (% of firms) .. 15.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 57 821 7,503
Private foreign direct investment, net (% of GDP) 2.6 5.5 5.1
Gross fixed capital formation (% of GDP) 19.2 23.3 26.0
Gross fixed private capital formation (% of GDP) 13.2 17.9 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –1.9 –1.5 ..
Government debt (% of GDP) 42.9 28.9 ..
Deposit money banks’ assets (% of GDP) 9.7 13.9 40.6
Total financial system deposits (% of GDP) 10.7 13.7 26.3
Bank capital to asset ratio (%) 9.8 13.8 ..
Bank nonperforming loans to total gross loans ratio (%) 9.8 2.2 ..
Domestic credit to the private sector (% of GDP) 6.2 13.9 36.5
Real interest rate (%) 13.3 13.3
Interest rate spread (percentage points) 13.1 9.8 10.8

Infrastructure
Paved roads (% of total roads) .. 23.0 12.1
Electric power consumption (kWh per capita) .. .. 324
Power outages in a typical month (number) .. 11.0
Mobile cellular subscriptions (per 100 people) 0.5 27.0 28.5
Internet users (per 100 people) 0.2 7.9 4.6

The Little Data Book on Private Sector Development 2010 213


Ukraine
Europe & Central Asia Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 49.2 46.3 3,703
Labor force (millions) 23.4 23.1 1,728
Unemployment rate (% of labor force) 11.6 6.4 5.5
GNI per capita, World Bank Atlas method ($) 700 3,210 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) –1.9 7.2 8.3
Agriculture value added (% of GDP) 17.1 8.3 13.4
Industry value added (% of GDP) 36.3 36.9 41.1
Manufacturing value added (% of GDP) 19.2 23.3 26.6
Services value added (% of GDP) 46.6 54.8 45.5
Inflation (annual % change in consumer price index) 28.2 25.2
Exchange rate (local currency units per $) 5.4 5.3
Exports of goods and services (% of GDP) 62.4 41.7 35.4
Imports of goods and services (% of GDP) 57.4 47.8 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 142
Time to start a business (days) .. 27 34
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 13.0 58.6
Closing a business (years to resolve insolvency) .. 2.9 3.3
Total tax rate (% of profit) .. 57.2 40.1
Highest marginal tax rate, corporate (%) 30 25
Business entry rate (new registrations as % of total) 8.0 7.9 8.8
New business density (new regis. per working-age pop.) 0.9 1.3 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) 10.2 11.3
Firms expected to give gifts in meetings w/tax officials (%) 58.9 28.3
Firms using banks to finance investments (% of firms) 8.1 32.1
Delay in obtaining an electrical connection (days) 26.2 47.9
ISO certification ownership (% of firms) 14.5 13.0

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 206 1,364 31,715
Private foreign direct investment, net (% of GDP) 1.9 6.1 3.4
Gross fixed capital formation (% of GDP) 19.7 25.6 34.5
Gross fixed private capital formation (% of GDP) 17.3 22.7 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –0.6 –1.5 –1.5
Government debt (% of GDP) 45.3 .. ..
Deposit money banks’ assets (% of GDP) 10.7 46.5 98.1
Total financial system deposits (% of GDP) 9.3 31.2 48.0
Bank capital to asset ratio (%) 16.2 14.0 10.2
Bank nonperforming loans to total gross loans ratio (%) 29.6 17.4 4.4
Domestic credit to the private sector (% of GDP) 11.2 73.7 82.6
Real interest rate (%) 15.0 –9.0
Interest rate spread (percentage points) 27.8 7.5 6.6

Infrastructure
Paved roads (% of total roads) 96.7 97.8 37.6
Electric power consumption (kWh per capita) 2,778 3,529 1,310
Power outages in a typical month (number) .. 2.1
Mobile cellular subscriptions (per 100 people) 1.7 120.4 47.0
Internet users (per 100 people) 0.7 10.5 13.9

214 2010 The Little Data Book on Private Sector Development


United Arab Emirates High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.2 4.5 1,069
Labor force (millions) 1.9 2.8 502
Unemployment rate (% of labor force) 2.3 3.1 5.9
GNI per capita, World Bank Atlas method ($) 19,320 26,360 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.1 7.8 2.3
Agriculture value added (% of GDP) 3.5 1.8 1.5
Industry value added (% of GDP) 55.7 60.6 25.7
Manufacturing value added (% of GDP) 13.5 12.4 16.8
Services value added (% of GDP) 40.8 37.6 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 3.7 3.7
Exports of goods and services (% of GDP) 73.3 91.0 28.1
Imports of goods and services (% of GDP) 55.3 66.7 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 33
Time to start a business (days) .. 15 19
Procedures to start a business (number) .. 8 6
Firing cost (weeks of wages) .. 84.0 39.3
Closing a business (years to resolve insolvency) .. 5.1 2.1
Total tax rate (% of profit) .. 14.1 39.2
Highest marginal tax rate, corporate (%) .. 55
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) 22.1 20.4 20.7
Gross fixed private capital formation (% of GDP) 9.5 10.3 ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.1 .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 12.9 10.6 6.3
Bank nonperforming loans to total gross loans ratio (%) 12.7 2.5 1.9
Domestic credit to the private sector (% of GDP) 46.2 72.7 155.9
Real interest rate (%) –9.9 ..
Interest rate spread (percentage points) 3.5 .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 .. 87.0
Electric power consumption (kWh per capita) 11,919 16,165 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 44.1 208.6 106.1
Internet users (per 100 people) 23.6 65.2 69.1

The Little Data Book on Private Sector Development 2010 215


United Kingdom High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 58.9 61.4 1,069
Labor force (millions) 29.3 31.5 502
Unemployment rate (% of labor force) 5.6 5.6 5.9
GNI per capita, World Bank Atlas method ($) 25,910 46,040 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 3.4 2.5 2.3
Agriculture value added (% of GDP) 1.0 0.7 1.5
Industry value added (% of GDP) 27.3 23.7 25.7
Manufacturing value added (% of GDP) 17.5 13.3 16.8
Services value added (% of GDP) 71.7 75.6 72.8
Inflation (annual % change in consumer price index) 2.9 4.0
Exchange rate (local currency units per $) 0.7 0.5
Exports of goods and services (% of GDP) 27.6 28.9 28.1
Imports of goods and services (% of GDP) 29.5 32.0 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 5
Time to start a business (days) .. 13 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. 22.0 39.3
Closing a business (years to resolve insolvency) .. 1.0 2.1
Total tax rate (% of profit) .. 35.9 39.2
Highest marginal tax rate, corporate (%) 30 28
Business entry rate (new registrations as % of total) 14.9 17.7 11.5
New business density (new regis. per working-age pop.) 5.8 11.0 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 8.3 3.5 2.8
Gross fixed capital formation (% of GDP) 17.1 16.7 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 1.7 –4.7 –1.0
Government debt (% of GDP) 47.5 57.5 43.4
Deposit money banks’ assets (% of GDP) 120.5 198.3 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) 6.5 4.4 6.3
Bank nonperforming loans to total gross loans ratio (%) 2.5 1.6 1.9
Domestic credit to the private sector (% of GDP) 129.3 211.1 155.9
Real interest rate (%) 4.7 2.3
Interest rate spread (percentage points) 2.7 .. 3.9

Infrastructure
Paved roads (% of total roads) 100.0 100.0 87.0
Electric power consumption (kWh per capita) 6,115 6,120 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 73.8 126.0 106.1
Internet users (per 100 people) 26.8 76.0 69.1

216 2010 The Little Data Book on Private Sector Development


United States High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 282.2 304.1 1,069
Labor force (millions) 147.9 158.2 502
Unemployment rate (% of labor force) 4.0 5.8 5.9
GNI per capita, World Bank Atlas method ($) 34,410 47,930 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.2 2.4 2.3
Agriculture value added (% of GDP) 1.2 1.3 1.5
Industry value added (% of GDP) 24.2 21.8 25.7
Manufacturing value added (% of GDP) 17.0 13.7 16.8
Services value added (% of GDP) 74.6 76.9 72.8
Inflation (annual % change in consumer price index) 3.4 3.8
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) 11.2 12.1 28.1
Imports of goods and services (% of GDP) 15.1 17.2 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 4
Time to start a business (days) .. 6 19
Procedures to start a business (number) .. 6 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. 1.5 2.1
Total tax rate (% of profit) .. 46.3 39.2
Highest marginal tax rate, corporate (%) 40 40
Business entry rate (new registrations as % of total) .. 13.1 11.5
New business density (new regis. per working-age pop.) .. 3.4 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) 3.3 2.3 2.8
Gross fixed capital formation (% of GDP) 19.9 18.4 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) 0.5 –5.5 –1.0
Government debt (% of GDP) 33.0 55.7 43.4
Deposit money banks’ assets (% of GDP) 55.9 70.3 99.4
Total financial system deposits (% of GDP) 63.7 80.5 ..
Bank capital to asset ratio (%) 8.5 9.3 6.3
Bank nonperforming loans to total gross loans ratio (%) 1.1 3.0 1.9
Domestic credit to the private sector (% of GDP) 170.7 193.7 155.9
Real interest rate (%) 6.9 2.9
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. 65.3 87.0
Electric power consumption (kWh per capita) 13,670 13,652 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 38.8 89.0 106.1
Internet users (per 100 people) 43.9 75.9 69.1

The Little Data Book on Private Sector Development 2010 217


Uruguay
Latin America & Caribbean Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.3 3.3 949
Labor force (millions) 1.5 1.6 432
Unemployment rate (% of labor force) 13.6 7.6 8.0
GNI per capita, World Bank Atlas method ($) 7,100 8,260 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 3.8 4.6
Agriculture value added (% of GDP) 7.0 10.8 6.1
Industry value added (% of GDP) 24.5 26.6 33.7
Manufacturing value added (% of GDP) 14.1 17.6 17.3
Services value added (% of GDP) 68.5 62.6 60.2
Inflation (annual % change in consumer price index) 4.8 7.9
Exchange rate (local currency units per $) 12.1 20.9
Exports of goods and services (% of GDP) 16.7 28.3 27.8
Imports of goods and services (% of GDP) 20.0 32.3 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 114
Time to start a business (days) .. 65 47
Procedures to start a business (number) .. 11 8
Firing cost (weeks of wages) .. 31.0 37.4
Closing a business (years to resolve insolvency) .. 2.1 2.9
Total tax rate (% of profit) .. 46.7 44.3
Highest marginal tax rate, corporate (%) 30 25
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 7.0
Firms expected to give gifts in meetings w/tax officials (%) .. 0.6
Firms using banks to finance investments (% of firms) .. 6.9
Delay in obtaining an electrical connection (days) .. 38.6
ISO certification ownership (% of firms) .. 6.8

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 681 53 82,923
Private foreign direct investment, net (% of GDP) 1.2 6.9 3.6
Gross fixed capital formation (% of GDP) 14.3 18.7 21.9
Gross fixed private capital formation (% of GDP) 10.7 14.6 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –3.0 –0.9 ..
Government debt (% of GDP) 40.6 54.0 ..
Deposit money banks’ assets (% of GDP) 54.7 27.9 51.2
Total financial system deposits (% of GDP) 44.0 36.2 39.9
Bank capital to asset ratio (%) 7.2 8.9 9.4
Bank nonperforming loans to total gross loans ratio (%) 12.4 1.0 3.6
Domestic credit to the private sector (% of GDP) 45.1 26.3 44.6
Real interest rate (%) 41.8 3.4
Interest rate spread (percentage points) 27.8 9.2 6.2

Infrastructure
Paved roads (% of total roads) 90.0 10.0 41.8
Electric power consumption (kWh per capita) 1,990 2,197 3,052
Power outages in a typical month (number) .. 0.3
Mobile cellular subscriptions (per 100 people) 12.4 105.2 95.3
Internet users (per 100 people) 10.6 40.2 30.6

218 2010 The Little Data Book on Private Sector Development


Europe & Central Asia
Uzbekistan Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 24.7 27.3 976
Labor force (millions) 9.1 12.3 441
Unemployment rate (% of labor force) .. .. ..
GNI per capita, World Bank Atlas method ($) 630 910 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 4.1 6.6 5.8
Agriculture value added (% of GDP) 34.4 21.4 25.0
Industry value added (% of GDP) 23.1 30.8 28.5
Manufacturing value added (% of GDP) 9.4 12.1 14.3
Services value added (% of GDP) 42.5 47.9 46.5
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 236.6 ..
Exports of goods and services (% of GDP) 24.6 41.9 33.9
Imports of goods and services (% of GDP) 21.5 31.5 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 150
Time to start a business (days) .. 15 44
Procedures to start a business (number) .. 7 9
Firing cost (weeks of wages) .. 22.0 68.7
Closing a business (years to resolve insolvency) .. 4.0 3.8
Total tax rate (% of profit) .. 94.9 74.4
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) 11.4 18.2 18.2
New business density (new regis. per working-age pop.) 0.2 0.6 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 5.3 11.1
Firms expected to give gifts in meetings w/tax officials (%) 52.7 52.4
Firms using banks to finance investments (% of firms) 1.3 8.2
Delay in obtaining an electrical connection (days) 7.6 28.0
ISO certification ownership (% of firms) 14.8 1.3

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 26 344 7,503
Private foreign direct investment, net (% of GDP) 0.5 3.3 5.1
Gross fixed capital formation (% of GDP) 24.0 23.0 26.0
Gross fixed private capital formation (% of GDP) 15.5 17.2 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 40.6
Total financial system deposits (% of GDP) .. .. 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) .. .. 36.5
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 10.8

Infrastructure
Paved roads (% of total roads) 87.3 .. 12.1
Electric power consumption (kWh per capita) 1,780 1,658 324
Power outages in a typical month (number) .. 6.1
Mobile cellular subscriptions (per 100 people) 0.2 46.6 28.5
Internet users (per 100 people) 0.5 9.0 4.6

The Little Data Book on Private Sector Development 2010 219


Vanuatu
East Asia & Pacific Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.19 0.23 3,703
Labor force (millions) 0.09 0.12 1,728
Unemployment rate (% of labor force) 1.6 .. 5.5
GNI per capita, World Bank Atlas method ($) 1,250 1,940 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 3.7 8.3
Agriculture value added (% of GDP) 15.6 14.3 13.4
Industry value added (% of GDP) 9.3 9.2 41.1
Manufacturing value added (% of GDP) 4.4 2.8 26.6
Services value added (% of GDP) 75.1 76.5 45.5
Inflation (annual % change in consumer price index) 2.5 4.8
Exchange rate (local currency units per $) 137.6 101.3
Exports of goods and services (% of GDP) 43.6 44.7 35.4
Imports of goods and services (% of GDP) 53.4 58.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 59
Time to start a business (days) .. 39 34
Procedures to start a business (number) .. 8 9
Firing cost (weeks of wages) .. 56.0 58.6
Closing a business (years to resolve insolvency) .. 2.6 3.3
Total tax rate (% of profit) .. 8.4 40.1
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. 4.6
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. 15.3
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 6 35 31,715
Private foreign direct investment, net (% of GDP) 8.3 5.8 3.4
Gross fixed capital formation (% of GDP) 21.3 24.2 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) –0.8 .. –1.5
Government debt (% of GDP) 29.2 .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 35.1 55.2 82.6
Real interest rate (%) 8.6 –2.3
Interest rate spread (percentage points) 8.6 4.0 6.6

Infrastructure
Paved roads (% of total roads) 23.9 .. 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 15.4 47.0
Internet users (per 100 people) 2.1 7.3 13.9

220 2010 The Little Data Book on Private Sector Development


Latin America & Caribbean
Venezuela, RB Upper middle income
Upper
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 24.3 27.9 949
Labor force (millions) 10.1 12.7 432
Unemployment rate (% of labor force) 13.2 7.4 8.0
GNI per capita, World Bank Atlas method ($) 4,100 9,230 7,852
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.6 5.2 4.6
Agriculture value added (% of GDP) 4.2 4.0 6.1
Industry value added (% of GDP) 49.7 57.8 33.7
Manufacturing value added (% of GDP) 19.8 16.4 17.3
Services value added (% of GDP) 46.1 38.2 60.2
Inflation (annual % change in consumer price index) 16.2 31.4
Exchange rate (local currency units per $) 0.7 2.1
Exports of goods and services (% of GDP) 29.7 30.4 27.8
Imports of goods and services (% of GDP) 18.1 20.2 27.2

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 177
Time to start a business (days) .. 141 47
Procedures to start a business (number) .. 16 8
Firing cost (weeks of wages) .. ..a 37.4
Closing a business (years to resolve insolvency) .. 4.0 2.9
Total tax rate (% of profit) .. 61.1 44.3
Highest marginal tax rate, corporate (%) 34 34
Business entry rate (new registrations as % of total) .. .. 10.8
New business density (new regis. per working-age pop.) .. .. 3.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 33.6
Firms expected to give gifts in meetings w/tax officials (%) .. 2.6
Firms using banks to finance investments (% of firms) .. 35.7
Delay in obtaining an electrical connection (days) .. 25.4
ISO certification ownership (% of firms) .. 12.5

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 774 391 82,923
Private foreign direct investment, net (% of GDP) 4.0 0.1 3.6
Gross fixed capital formation (% of GDP) 21.0 19.8 21.9
Gross fixed private capital formation (% of GDP) .. .. 16.9

Finance and banking


Government cash surplus or deficit (% of GDP) –1.2 2.2 ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 11.9 22.0 51.2
Total financial system deposits (% of GDP) 15.0 24.2 39.9
Bank capital to asset ratio (%) 13.0 9.4 9.4
Bank nonperforming loans to total gross loans ratio (%) 6.6 1.9 3.6
Domestic credit to the private sector (% of GDP) 12.5 21.5 44.6
Real interest rate (%) –3.3 –6.8
Interest rate spread (percentage points) 8.9 6.2 6.2

Infrastructure
Paved roads (% of total roads) 33.6 .. 41.8
Electric power consumption (kWh per capita) 2,655 3,077 3,052
Power outages in a typical month (number) .. 2.4
Mobile cellular subscriptions (per 100 people) 22.4 97.0 95.3
Internet users (per 100 people) 3.4 25.7 30.6
a. Laws ban dismissing workers on economic grounds.
The Little Data Book on Private Sector Development 2010 221
Vietnam
East Asia & Pacific Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 77.6 86.2 976
Labor force (millions) 37.9 45.6 441
Unemployment rate (% of labor force) 2.3 2.1 ..
GNI per capita, World Bank Atlas method ($) 390 890 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 6.7 7.7 5.8
Agriculture value added (% of GDP) 24.5 22.1 25.0
Industry value added (% of GDP) 36.7 39.7 28.5
Manufacturing value added (% of GDP) 18.6 21.1 14.3
Services value added (% of GDP) 38.7 38.2 46.5
Inflation (annual % change in consumer price index) –1.7 23.1
Exchange rate (local currency units per $) 14,167.8 16,302.3
Exports of goods and services (% of GDP) 55.0 78.2 33.9
Imports of goods and services (% of GDP) 57.5 94.7 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 93
Time to start a business (days) .. 50 44
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 87.0 68.7
Closing a business (years to resolve insolvency) .. 5.0 3.8
Total tax rate (% of profit) .. 40.1 74.4
Highest marginal tax rate, corporate (%) 33 28
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 0.8
Firms expected to give gifts in meetings w/tax officials (%) .. 33.7
Firms using banks to finance investments (% of firms) .. 29.4
Delay in obtaining an electrical connection (days) .. 29.6
ISO certification ownership (% of firms) .. 11.4

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 150 365 7,503
Private foreign direct investment, net (% of GDP) 4.2 10.6 5.1
Gross fixed capital formation (% of GDP) 27.6 36.0 26.0
Gross fixed private capital formation (% of GDP) .. .. 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 32.0 84.0 40.6
Total financial system deposits (% of GDP) 7.4 14.9 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 35.3 90.6 36.5
Real interest rate (%) 6.9 –4.9
Interest rate spread (percentage points) 6.9 3.1 10.8

Infrastructure
Paved roads (% of total roads) 25.1 47.6 12.1
Electric power consumption (kWh per capita) 295 728 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 1.0 81.2 28.5
Internet users (per 100 people) 0.3 24.2 4.6

222 2010 The Little Data Book on Private Sector Development


Virgin Islands (U.S.) High income

High-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 0.11 0.11 1,069
Labor force (millions) 0.05 0.05 502
Unemployment rate (% of labor force) .. .. 5.9
GNI per capita, World Bank Atlas method ($) .. .. 39,688
GDP growth, 1995–2000 and 2000–08 (average annual %) .. .. 2.3
Agriculture value added (% of GDP) .. .. 1.5
Industry value added (% of GDP) .. .. 25.7
Manufacturing value added (% of GDP) .. .. 16.8
Services value added (% of GDP) .. .. 72.8
Inflation (annual % change in consumer price index) .. ..
Exchange rate (local currency units per $) 1.0 1.0
Exports of goods and services (% of GDP) .. .. 28.1
Imports of goods and services (% of GDP) .. .. 28.5

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. ..
Time to start a business (days) .. .. 19
Procedures to start a business (number) .. .. 6
Firing cost (weeks of wages) .. .. 39.3
Closing a business (years to resolve insolvency) .. .. 2.1
Total tax rate (% of profit) .. .. 39.2
Highest marginal tax rate, corporate (%) .. ..
Business entry rate (new registrations as % of total) .. .. 11.5
New business density (new regis. per working-age pop.) .. .. 7.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) .. .. ..
Private foreign direct investment, net (% of GDP) .. .. 2.8
Gross fixed capital formation (% of GDP) .. .. 20.7
Gross fixed private capital formation (% of GDP) .. .. ..

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.0
Government debt (% of GDP) .. .. 43.4
Deposit money banks’ assets (% of GDP) .. .. 99.4
Total financial system deposits (% of GDP) .. .. ..
Bank capital to asset ratio (%) .. .. 6.3
Bank nonperforming loans to total gross loans ratio (%) .. .. 1.9
Domestic credit to the private sector (% of GDP) .. .. 155.9
Real interest rate (%) .. ..
Interest rate spread (percentage points) .. .. 3.9

Infrastructure
Paved roads (% of total roads) .. .. 87.0
Electric power consumption (kWh per capita) .. .. 9,753
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 32.2 73.3 106.1
Internet users (per 100 people) 13.8 27.3 69.1

The Little Data Book on Private Sector Development 2010 223


West Bank and Gaza
Middle East & North Africa Lower middle income
Lower
middle-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 3.0 3.9 3,703
Labor force (millions) 0.63 0.94 1,728
Unemployment rate (% of labor force) 14.1 26.0 5.5
GNI per capita, World Bank Atlas method ($) 1,560 1,250 2,073
GDP growth, 1995–2000 and 2000–08 (average annual %) 7.4 –0.9 8.3
Agriculture value added (% of GDP) .. .. 13.4
Industry value added (% of GDP) .. .. 41.1
Manufacturing value added (% of GDP) .. .. 26.6
Services value added (% of GDP) .. .. 45.5
Inflation (annual % change in consumer price index) 3.0 3.5
Exchange rate (local currency units per $) .. ..
Exports of goods and services (% of GDP) 16.0 14.0 35.4
Imports of goods and services (% of GDP) 71.2 68.2 33.7

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 139
Time to start a business (days) .. 49 34
Procedures to start a business (number) .. 11 9
Firing cost (weeks of wages) .. 91.0 58.6
Closing a business (years to resolve insolvency) .. .. 3.3
Total tax rate (% of profit) .. 16.8 40.1
Highest marginal tax rate, corporate (%) .. 16
Business entry rate (new registrations as % of total) .. .. 8.8
New business density (new regis. per working-age pop.) .. .. 1.0
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. 5.7
Firms expected to give gifts in meetings w/tax officials (%) .. 2.7
Firms using banks to finance investments (% of firms) .. 4.2
Delay in obtaining an electrical connection (days) .. 37.1
ISO certification ownership (% of firms) .. 18.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 237 23 31,715
Private foreign direct investment, net (% of GDP) 1.5 1.2 3.4
Gross fixed capital formation (% of GDP) 32.7 25.7 34.5
Gross fixed private capital formation (% of GDP) .. .. 19.6

Finance and banking


Government cash surplus or deficit (% of GDP) .. .. –1.5
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) .. .. 98.1
Total financial system deposits (% of GDP) .. .. 48.0
Bank capital to asset ratio (%) .. .. 10.2
Bank nonperforming loans to total gross loans ratio (%) .. .. 4.4
Domestic credit to the private sector (% of GDP) 5.5 7.5 82.6
Real interest rate (%) 10.5 2.3
Interest rate spread (percentage points) 6.9 4.8 6.6

Infrastructure
Paved roads (% of total roads) 100.0 100.0 37.6
Electric power consumption (kWh per capita) .. .. 1,310
Power outages in a typical month (number) .. 3.3
Mobile cellular subscriptions (per 100 people) 5.9 29.3 47.0
Internet users (per 100 people) 1.2 9.0 13.9

224 2010 The Little Data Book on Private Sector Development


Middle East & North Africa
Yemen, Rep. Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 18.2 22.9 976
Labor force (millions) 4.3 6.0 441
Unemployment rate (% of labor force) 11.5 .. ..
GNI per capita, World Bank Atlas method ($) 400 960 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 5.6 3.9 5.8
Agriculture value added (% of GDP) 10.3 14.3 25.0
Industry value added (% of GDP) 46.5 40.3 28.5
Manufacturing value added (% of GDP) 5.2 4.7 14.3
Services value added (% of GDP) 43.2 45.4 46.5
Inflation (annual % change in consumer price index) 4.6 19.0
Exchange rate (local currency units per $) 161.7 199.8
Exports of goods and services (% of GDP) 42.3 38.0 33.9
Imports of goods and services (% of GDP) 36.6 41.4 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 99
Time to start a business (days) .. 12 44
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 17.0 68.7
Closing a business (years to resolve insolvency) .. 3.0 3.8
Total tax rate (% of profit) .. 47.8 74.4
Highest marginal tax rate, corporate (%) .. 35
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) 0.0 0.0 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 20 270 7,503
Private foreign direct investment, net (% of GDP) 0.1 5.8 5.1
Gross fixed capital formation (% of GDP) 18.6 23.1 26.0
Gross fixed private capital formation (% of GDP) 13.2 13.4 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –2.3 .. ..
Government debt (% of GDP) .. .. ..
Deposit money banks’ assets (% of GDP) 8.6 12.0 40.6
Total financial system deposits (% of GDP) 17.4 18.7 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) .. .. ..
Domestic credit to the private sector (% of GDP) 5.0 7.8 36.5
Real interest rate (%) –4.9 –0.5
Interest rate spread (percentage points) 5.5 5.0 10.8

Infrastructure
Paved roads (% of total roads) 15.5 8.7 12.1
Electric power consumption (kWh per capita) 136 202 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 0.2 16.1 28.5
Internet users (per 100 people) 0.1 1.6 4.6

The Little Data Book on Private Sector Development 2010 225


Zambia
Sub-Saharan Africa Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 10.5 12.6 976
Labor force (millions) 4.0 4.7 441
Unemployment rate (% of labor force) 12.9 .. ..
GNI per capita, World Bank Atlas method ($) 300 950 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 2.2 5.3 5.8
Agriculture value added (% of GDP) 22.3 21.2 25.0
Industry value added (% of GDP) 25.3 46.3 28.5
Manufacturing value added (% of GDP) 11.4 11.6 14.3
Services value added (% of GDP) 52.4 32.5 46.5
Inflation (annual % change in consumer price index) 26.0 12.4
Exchange rate (local currency units per $) 3,110.8 3,745.7
Exports of goods and services (% of GDP) 27.1 36.8 33.9
Imports of goods and services (% of GDP) 41.5 34.3 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 90
Time to start a business (days) .. 18 44
Procedures to start a business (number) .. 6 9
Firing cost (weeks of wages) .. 178.0 68.7
Closing a business (years to resolve insolvency) .. 2.7 3.8
Total tax rate (% of profit) .. 16.1 74.4
Highest marginal tax rate, corporate (%) 35 35
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) 0.5 0.9 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) 13.0 4.6
Firms expected to give gifts in meetings w/tax officials (%) .. 4.9
Firms using banks to finance investments (% of firms) 25.4 10.2
Delay in obtaining an electrical connection (days) 142.4 97.0
ISO certification ownership (% of firms) 5.8 17.2

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 27 131 7,503
Private foreign direct investment, net (% of GDP) 3.8 6.6 5.1
Gross fixed capital formation (% of GDP) 16.0 22.7 26.0
Gross fixed private capital formation (% of GDP) 6.0 17.5 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) 1.8 –0.8 ..
Government debt (% of GDP) 176.2 .. ..
Deposit money banks’ assets (% of GDP) 12.4 16.2 40.6
Total financial system deposits (% of GDP) 16.3 18.0 26.3
Bank capital to asset ratio (%) .. .. ..
Bank nonperforming loans to total gross loans ratio (%) 23.6 .. ..
Domestic credit to the private sector (% of GDP) 8.6 15.3 36.5
Real interest rate (%) 6.7 7.5
Interest rate spread (percentage points) 18.6 12.5 10.8

Infrastructure
Paved roads (% of total roads) 22.0 .. 12.1
Electric power consumption (kWh per capita) 595 720 324
Power outages in a typical month (number) .. 3.6
Mobile cellular subscriptions (per 100 people) 0.9 28.0 28.5
Internet users (per 100 people) 0.2 5.5 4.6

226 2010 The Little Data Book on Private Sector Development


Sub-Saharan Africa
Zimbabwe Low income

Low-
Country data income
group
2000 2008 2008
Economic and social context
Population (millions) 12.5 12.5 976
Labor force (millions) 5.1 4.9 441
Unemployment rate (% of labor force) 6.0 4.2 ..
GNI per capita, World Bank Atlas method ($) 460 360 523
GDP growth, 1995–2000 and 2000–08 (average annual %) 0.7 –5.7 5.8
Agriculture value added (% of GDP) 18.5 19.1 25.0
Industry value added (% of GDP) 25.0 23.9 28.5
Manufacturing value added (% of GDP) 15.8 13.5 14.3
Services value added (% of GDP) 56.5 57.0 46.5
Inflation (annual % change in consumer price index) 55.9 24,411.0
Exchange rate (local currency units per $) 0.0 6,720,000,000
Exports of goods and services (% of GDP) 35.9 56.8 33.9
Imports of goods and services (% of GDP) 36.2 73.0 47.1

Investment climate
Ease of doing business index (ranking 1–183; 1 = best) .. 159
Time to start a business (days) .. 96 44
Procedures to start a business (number) .. 10 9
Firing cost (weeks of wages) .. 446.0 68.7
Closing a business (years to resolve insolvency) .. 3.3 3.8
Total tax rate (% of profit) .. 39.4 74.4
Highest marginal tax rate, corporate (%) 31 31
Business entry rate (new registrations as % of total) .. .. 18.2
New business density (new regis. per working-age pop.) .. .. 0.5
Enterprise surveys
Time dealing with gov’t officials (% of management time) .. ..
Firms expected to give gifts in meetings w/tax officials (%) .. ..
Firms using banks to finance investments (% of firms) .. ..
Delay in obtaining an electrical connection (days) .. ..
ISO certification ownership (% of firms) .. ..

Private sector investment


Invest. in infrastructure w/private participation ($ millions) 8 123 7,503
Private foreign direct investment, net (% of GDP) 0.3 3.0 5.1
Gross fixed capital formation (% of GDP) 11.8 21.0 26.0
Gross fixed private capital formation (% of GDP) 11.1 19.5 15.1

Finance and banking


Government cash surplus or deficit (% of GDP) –5.2 .. ..
Government debt (% of GDP) 58.1 .. ..
Deposit money banks’ assets (% of GDP) 24.3 15.9 40.6
Total financial system deposits (% of GDP) 28.3 18.4 26.3
Bank capital to asset ratio (%) 9.4 .. ..
Bank nonperforming loans to total gross loans ratio (%) 19.6 .. ..
Domestic credit to the private sector (% of GDP) 24.5 26.6 36.5
Real interest rate (%) 7.7 –0.7
Interest rate spread (percentage points) 18.0 457.5 10.8

Infrastructure
Paved roads (% of total roads) 19.0 .. 12.1
Electric power consumption (kWh per capita) 856 898 324
Power outages in a typical month (number) .. ..
Mobile cellular subscriptions (per 100 people) 2.1 13.3 28.5
Internet users (per 100 people) 0.4 11.4 4.6

The Little Data Book on Private Sector Development 2010 227


Glossary
Agriculture value added is the net output of agriculture (International
Standard Industrial Classification divisions 1–5, including forestry and fish-
ing) after totaling outputs and subtracting intermediate inputs. (World Bank
and Organisation for Economic Co-operation and Development)

Bank capital to asset ratio is the ratio of bank capital and reserves to total
assets. Capital and reserves include funds contributed by owners, retained
earnings, general and special reserves, provisions, and valuation adjustments.
Capital includes tier 1 capital (paid-up shares and common stock), which is
a common feature in all countries’ banking systems, and total regulatory
capital, which includes several specified types of subordinated debt instru-
ments that need not be repaid if the funds are required to maintain minimum
capital levels (these comprise tier 2 and tier 3 capital). Total assets include
all nonfinancial and financial assets. (International Monetary Fund)

Bank nonperforming loans to total gross loans ratio is the value of non-
performing loans divided by the total value of the loan portfolio (including
nonperforming loans before the deduction of specific loan loss provisions).
The loan amount recorded as nonperforming should be the gross value of the
loan as recorded on the balance sheet, not just the amount that is overdue.
(International Monetary Fund)

Business entry rate is the number of firms newly registered in 2007 or the
most recent year available as a percentage of total registered firms. Total
firms registered includes all limited liability corporations. (World Bank Group
Entrepreneurship Survey)

Closing a business is the number of years from the time of filing for insol-
vency in court until resolution of distressed assets. Data listed for 2008
are for June 2009. (World Bank)

Delay in obtaining an electrical connection is the average wait, in days, to


obtain an electrical connection from the day an establishment applies for it
to the day it receives the service. (World Bank)

Deposit money banks’ assets are claims on the domestic real nonfinancial
sector by deposit money banks. (International Monetary Fund)

Domestic credit to the private sector is financial resources provided to the


private sector—such as through loans, purchases of nonequity securities,
and trade credits and other accounts receivable—that establish a claim
for repayment. For some countries these claims include credit to public
enterprises. (International Monetary Fund, World Bank, and Organisation
for Economic Co-operation and Development)

228 2010 The Little Data Book on Private Sector Development


Ease of doing business index ranks economies from 1 to 183, with 1 being
the best. A high ranking means that a country’s regulatory environment
is conducive to business operation. The index ranks the simple average
of a country’s percentile rankings on 10 topics covered in Doing Business
2010. The ranking on each topic is the simple average of the percentile
rankings on its component indicators. Data listed for 2008 are for June
2009. (World Bank)

Electric power consumption is the production of power plants and combined


heat and power plants minus transmission, distribution, and transforma-
tion losses and own use by heat and power plants. (International Energy
Agency)

Exchange rate is the exchange rate determined by national authorities or the


rate determined in the legally sanctioned exchange market. It is calculated
in local currency units relative to the U.S. dollar as an annual average based
on monthly averages. (International Monetary Fund)

Exports of goods and services are the value of all goods and other market
services provided to the rest of the world. They include the value of mer-
chandise, freight, insurance, transport, travel, royalties, license fees, and
other services, such as communication, construction, financial, information,
business, personal, and government services. They exclude compensation of
employees and investment income (formerly called factor services) as well as
transfer payments. (World Bank and Organisation for Economic Co-operation
and Development)

Firing cost is the cost of advance notice requirements, severance payments,


and penalties due when terminating a redundant worker, expressed in weekly
wages. One month is recorded as 4 1/3 weeks. Data listed for 2008 are
for June 2009. (World Bank)

Firms expected to give gifts in meetings with tax officials are the percentage
of firms that report that a gift or informal payment is expected or requested
during a meeting with tax officials. (World Bank)

Firms using banks to finance investments are the percentage of firms using
banks to finance purchases of fixed assets. (World Bank)

GDP growth is the annual percentage growth rate of gross domestic product
(GDP) at market prices based on constant local currency. Aggregates are
based on constant 2000 U.S. dollars. GDP is the sum of gross value added
by all resident producers in the economy plus any product taxes and minus
any subsidies not included in the value of the products. It is calculated

The Little Data Book on Private Sector Development 2010 229


Glossary
without deducting for depreciation of fabricated assets or for depletion and
degradation of natural resources. (World Bank and Organisation for Economic
Co-operation and Development)

GNI per capita, World Bank Atlas method, is gross national income (GNI)
converted to U.S. dollars using the World Bank Atlas method, divided by the
midyear population. GNI is the sum of value added by all resident producers
plus any product taxes minus any subsidies not included in the valuation
of output plus net receipts of primary income (compensation of employees
and property income) from abroad. GNI, calculated in national currency, is
usually converted to U.S. dollars at official exchange rates for comparisons
across economies. To smooth fluctuations in prices and exchange rates,
the World Bank Atlas method is used; it averages the exchange rate for a
given year and the two preceding years, adjusted for differences in rates of
inflation between the country and the Euro area, Japan, the United Kingdom,
and the United States. (World Bank)

Government cash surplus or deficit is revenue (including grants) minus


expense and net acquisition of nonfinancial assets. (International Monetary
Fund, World Bank, and Organisation for Economic Co-operation and
Development)

Government debt is the entire stock of direct government fixed-term con-


tractual obligations to others outstanding on a particular date. It includes
domestic and foreign liabilities such as loans, currency and money deposits,
and securities other than shares. It is the gross amount of government
liabilities reduced by the amount of equity and financial derivatives held by
the government. Because debt is a stock rather than a flow, it is measured
as of a given date, usually the last day of the fiscal year. (International
Monetary Fund, World Bank, and Organisation for Economic Co-operation
and Development)

Gross fixed capital formation includes land improvements (fences, ditches,


drains, and so on); plant, machinery, and equipment purchases; and the
construction of roads, railways, and the like, including schools, offices,
hospitals, private residential dwellings, and commercial and industrial build-
ings. According to the 1993 System of National Accounts, net acquisition of
valuables is also considered capital formation. (World Bank and Organisation
for Economic Co-operation and Development)

Gross fixed private capital formation is gross outlays by the private sector
(including private nonprofit organizations) on additions to its fixed domes-
tic assets. (World Bank and Organisation for Economic Co-operation and
Development)

230 2010 The Little Data Book on Private Sector Development


Highest marginal tax rate, corporate, is the highest rate shown on the
national-level schedule of tax rates applied to the annual taxable income of
corporations. (KPMG and PricewaterhouseCoopers)

Imports of goods and services are the value of all goods and other market
services received from the rest of the world. They include the value of mer-
chandise, freight, insurance, transport, travel, royalties, license fees, and
other services, such as communication, construction, financial, information,
business, personal, and government services. They exclude compensation of
employees and investment income (formerly called factor services) as well as
transfer payments. (World Bank and Organisation for Economic Co-operation
and Development)

Industry value added is the net output of industry (International Standard


Industrial Classification divisions 10–45, including mining, manufacturing,
construction, electricity, water, and gas) after totaling outputs and sub-
tracting intermediate inputs. (World Bank and Organisation for Economic
Co-operation and Development)

Inflation is the annual percentage change in the cost to the average consumer
of acquiring a basket of goods and services that may be fixed or changed at
specified intervals, such as yearly. The Laspeyres formula is generally used.
(International Monetary Fund)

Interest rate spread is the interest rate charged by banks on loans to prime
customers minus the interest rate paid by commercial or similar banks for
demand, time, or savings deposits. (International Monetary Fund)

Internet users are people with access to the worldwide network. (International
Telecommunication Union)

Investment in infrastructure with private participation is the value of infra-


structure projects in telecommunications, energy (electricity and natural gas
transmission and distribution), transport, and water and sanitation that have
reached financial closure and directly or indirectly serve the public, includ-
ing operation and management contracts with major capital expenditure,
greenfield projects (in which a private entity or public-private joint venture
builds and operates a new facility), and divestitures. Incinerators, movable
assets, standalone solid waste projects, and small projects such as windmills
are excluded. (World Bank)

ISO certification ownership is the percentage of firms that have earned


a quality certification recognized by the International Organization for
Standardization (ISO). (World Bank)

The Little Data Book on Private Sector Development 2010 231


Glossary
Labor force is all people who supply labor for the production of goods and
services during a specified period, according to the International Labour
Organization definition of the economically active population. It includes
both the employed and the unemployed. While national practices vary in
the treatment of such groups as the armed forces and seasonal or part-
time workers, in general the labor force includes the armed forces, the
unemployed, and first-time job-seekers and excludes homemakers and other
unpaid caregivers and workers in the informal sector. (International Labour
Organization and World Bank)

Manufacturing value added is the net output of industries belonging to


International Standard Industrial Classification divisions 15–37 after totaling
outputs and subtracting intermediate inputs. (World Bank and Organisation
for Economic Co-operation and Development)

Mobile cellular subscriptions are the number of subscriptions—including


postpaid and prepaid subscriptions—to a public mobile telephone service
using cellular technology that provides access to the public switched telephone
network. It is calculated per 100 people. (International Telecommunication
Union)

New business density is the number of newly registered corporations divided


by the total working-age population.

Paved roads are roads surfaced with concrete, cobblestones, or crushed


stone (macadam) and hydrocarbon binder or bituminized agents. (International
Road Federation)

Population is based on the de facto definition of population, which counts


all residents regardless of legal status or citizenship—except for refugees
not permanently settled in the country of asylum, who are generally con-
sidered part of the population of their country of origin. Data are midyear
estimates. (World Bank)

Power outages in a typical month are the average number of power outages
that establishments experience in a typical month. (World Bank)

Private foreign direct investment, net, is net inflows of private investment to


acquire a lasting management interest (10 percent or more of voting stock)
in an enterprise operating in an economy other than that of the investor. It is
the sum of equity capital, reinvestment of earnings, other long-term capital,
and short-term capital, as shown in the balance of payments. (International
Monetary Fund, World Bank, and Organisation for Economic Co-operation
and Development)

232 2010 The Little Data Book on Private Sector Development


Procedures to start a business are the number of procedures required to
start a business, including interactions to obtain necessary permits and
licenses and to complete all inscriptions, verifications, and notifications to
start operations. Data are for businesses with specific characteristics of
ownership, size, and type of production. Data listed for 2008 are for June
2009. (World Bank)

Real interest rate is the lending interest rate adjusted for inflation as mea-
sured by the GDP deflator. (International Monetary Fund and World Bank)

Services value added is the net output of services (International Standard


Industrial Classification divisions 50–99) after totaling outputs and sub-
tracting intermediate inputs. (World Bank and Organisation for Economic
Co-operation and Development)

Time dealing with government officials is the percentage of management


time in a given week spent on requirements imposed by government regula-
tions (taxes, customs, labor regulations, licensing, and registration). (World
Bank)

Time to start a business is the number of calendar days needed to complete


the required procedures for legally operating a business. If a procedure can
be expedited at additional cost, the fastest procedure, independent of cost,
is chosen. Data listed for 2008 are for June 2009. (World Bank)

Total financial system deposits are the demand, time, and saving depos-
its in deposit money banks and other financial institutions. (International
Monetary Fund)

Total tax rate is the total amount of taxes payable by a business (except for
labor taxes) after accounting for deductions and exemptions as a percentage
of profit. For further details on the method used for assessing the total tax
payable, see the World Bank’s Doing Business 2010. Data listed for 2008
are for June 2009. (World Bank)

Unemployment rate is the share of the labor force without work but available
for and seeking employment. Definitions of labor force and unemployment
differ by country. (International Labour Organization)

The Little Data Book on Private Sector Development 2010 233


1818 H Street N.W.
Washington, D.C. 20433 USA
Telephone: 202 473 1000
Fax: 202 477 6391
ISBN 978-0-8213-8247-9 Web site: www.worldbank.org
SKU 18247 Email: pic@worldbank.org

AFGHANISTAN ALBANIA ALGERIA AMERICAN SAMOA ANDORRA ANGOLA ANTIGUA AND


BARBUDA ARGENTINA ARMENIA ARUBA AUSTRALIA AUSTRIA AZERBAIJAN THE BAHAMAS
BAHRAIN BANGLADESH BARBADOS BELARUS BELGIUM BELIZE BENIN BERMUDA BHUTAN
BOLIVIA BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BRUNEI DARUSSALAM BULGARIA
BURKINA FASO BURUNDI CAMBODIA CAMEROON CANADA CAPE VERDE CAYMAN ISLANDS
CENTRAL AFRICAN REPUBLIC CHAD CHANNEL ISLANDS CHILE CHINA COLOMBIA COMOROS
DEMOCRATIC REPUBLIC OF CONGO REPUBLIC OF CONGO COSTA RICA CÔTE D’IVOIRE
CROATIA CUBA CYPRUS CZECH REPUBLIC DENMARK DJIBOUTI DOMINICA DOMINICAN
REPUBLIC ECUADOR ARAB REPUBLIC OF EGYPT EL SALVADOR EQUATORIAL GUINEA ERITREA
ESTONIA ETHIOPIA FAEROE ISLANDS FIJI FINLAND FRANCE FRENCH POLYNESIA GABON
THE GAMBIA GEORGIA GERMANY GHANA GREECE GREENLAND GRENADA GUAM GUATEMALA
GUINEA GUINEA-BISSAU GUYANA HAITI HONDURAS HONG KONG SAR, CHINA HUNGARY
ICELAND INDIA INDONESIA ISLAMIC REPUBLIC OF IRAN IRAQ IRELAND ISLE OF MAN ISRAEL
ITALY JAMAICA JAPAN JORDAN KAZAKHSTAN KENYA KIRIBATI DEMOCRATIC REPUBLIC OF
KOREA REPUBLIC OF KOREA KOSOVO KUWAIT KYRGYZ REPUBLIC LAO PEOPLE’S DEMOCRATIC
REPUBLIC LATVIA LEBANON LESOTHO LIBERIA LIBYA LIECHTENSTEIN LITHUANIA LUXEMBOURG
MACAO SAR, CHINA FORMER YUGOSLAV REPUBLIC OF MACEDONIA MADAGASCAR MALAWI
MALAYSIA MALDIVES MALI MALTA MARSHALL ISLANDS MAURITANIA MAURITIUS MAYOTTE
MEXICO FEDERATED STATES OF MICRONESIA MOLDOVA MONACO MONGOLIA MONTENEGRO
MOROCCO MOZAMBIQUE MYANMAR NAMIBIA NEPAL NETHERLANDS NETHERLANDS
ANTILLES NEW CALEDONIA NEW ZEALAND NICARAGUA NIGER NIGERIA NORTHERN MARIANA
ISLANDS NORWAY OMAN PAKISTAN PALAU PANAMA PAPUA NEW GUINEA PARAGUAY PERU
PHILIPPINES POLAND PORTUGAL PUERTO RICO QATAR ROMANIA RUSSIAN FEDERATION
RWANDA SAMOA SAN MARINO SÃO TOMÉ AND PRÍNCIPE SAUDI ARABIA SENEGAL SERBIA
SEYCHELLES SIERRA LEONE SINGAPORE SLOVAK REPUBLIC SLOVENIA SOLOMON ISLANDS
SOMALIA SOUTH AFRICA SPAIN SRI LANKA ST. KITTS AND NEVIS ST. LUCIA ST. VINCENT &
GRENADINES SUDAN SURINAME SWAZILAND SWEDEN SWITZERLAND SYRIAN ARAB REPUBLIC
TAJIKISTAN TANZANIA THAILAND TIMOR-LESTE TOGO TONGA TRINIDAD AND TOBAGO TUNISIA
TURKEY TURKMENISTAN UGANDA UKRAINE UNITED ARAB EMIRATES UNITED KINGDOM UNITED
STATES URUGUAY UZBEKISTAN VANUATU REPÚBLICA BOLIVIARANA DE VENEZUELA VIETNAM
U.S. VIRGIN ISLANDS WEST BANK AND GAZA REPUBLIC OF YEMEN ZAMBIA ZIMBABWE

Anda mungkin juga menyukai