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Economy > Companies Stats: compare key data on Eritrea & India

Definitions

  • Cost of business start-up procedures > % of GNI per capita: Cost of business start-up procedures (% of GNI per capita). Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.
  • Ease of doing business index > 1=most business-friendly regulations: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
  • Ease of doing business index > 1=most business-friendly regulations per million: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Figures expressed per million population for the same year.
  • Firms offering formal training > % of firms: Firms offering formal training (% of firms). Firms offering formal training are the percentage of firms offering formal training programs for their permanent, full-time employees.
  • Firms using banks to finance investment > % of firms: Firms using banks to finance investment (% of firms). Firms using banks to finance investment are the percentage of firms using banks to finance investments.
  • Gender equality > Female legislators, senior officials and managers > % of total: Female legislators, senior officials and managers (% of total). Female legislators, senior officials and managers (% of total) refers to the share of legislators, senior officials and managers who are female.
  • Gender equality > Firms with female participation in ownership > % of firms: Firms with female participation in ownership (% of firms). Firms with female participation in ownership are the percentage of firms with a woman among the principal owners.
  • Gender equality > Ratio of female to male labor participation rate > %: Ratio of female to male labor participation rate (%). Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.
  • ISO certification ownership > % of firms: ISO certification ownership (% of firms). ISO certification ownership is the percentage of firms that have earned a quality certification recognized by the International Organization for Standardization (ISO).
  • Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time > 1=low to 5=high: Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time (1=low to 5=high). Data are from Logistics Performance Index surveys conducted by the World Bank in partnership with academic and international institutions and private companies and individuals engaged in international logistics. 2009 round of surveys covered more than 5,000 country assessments by nearly 1,000 international freight forwarders. Respondents evaluate eight markets on six core dimensions on a scale from 1 (worst) to 5 (best). The markets are chosen based on the most important export and import markets of the respondent's country, random selection, and, for landlocked countries, neighboring countries that connect them with international markets. Details of the survey methodology are in Arvis and others' Connecting to Compete 2010: Trade Logistics in the Global Economy (2010). Respondents assessed how often the shipments to assessed markets reach the consignee within the scheduled or expected delivery time, on a rating ranging from 1 (hardly ever) to 5 (nearly always). Scores are averaged across all respondents.
  • Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure: Business extent of disclosure index (0=less disclosure to 10=more disclosure). Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.
  • Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million: Business extent of disclosure index (0=less disclosure to 10=more disclosure). Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure. Figures expressed per million population for the same year.
STAT Eritrea India HISTORY
Cost of business start-up procedures > % of GNI per capita 50.5%
Ranked 31st. 7% more than India
47.3%
Ranked 33th.

Ease of doing business index > 1=most business-friendly regulations 184
Ranked 6th. 37% more than India
134
Ranked 55th.

Ease of doing business index > 1=most business-friendly regulations per million 30.17
Ranked 55th. 285 times more than India
0.106
Ranked 185th.
Firms offering formal training > % of firms 26.8%
Ranked 37th. 69% more than India
15.9%
Ranked 37th.

Firms using banks to finance investment > % of firms 11.9%
Ranked 43th.
46.6%
Ranked 3rd. 4 times more than Eritrea
Gender equality > Female legislators, senior officials and managers > % of total 16.97%
Ranked 44th. 18% more than India
14.42%
Ranked 14th.

Gender equality > Firms with female participation in ownership > % of firms 4.2%
Ranked 54th.
9.1%
Ranked 36th. 2 times more than Eritrea
Gender equality > Ratio of female to male labor participation rate > % 88.98%
Ranked 22nd. 2 times more than India
35.6%
Ranked 168th.

ISO certification ownership > % of firms 15.1%
Ranked 32nd.
22.5%
Ranked 3rd. 49% more than Eritrea

Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time > 1=low to 5=high 2.43
Ranked 147th.
3.58
Ranked 44th. 47% more than Eritrea

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 4
Ranked 131st.
7
Ranked 45th. 75% more than Eritrea

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million 0.652
Ranked 88th. 115 times more than India
0.00566
Ranked 182nd.

SOURCES: World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Enterprise Surveys; ILO Key Indicators of the Labour Market (KILM).; International Labour Organization, Key Indicators of the Labour Market database.; World Bank and Turku School of Economics, Logistic Performance Index Surveys. Data are available online at : http://www.worldbank.org/lpi. Summary results are published in Arvis and others' Connecting to Compete: Trade Logistics in the Global Economy, The Logistics Performance Index and Its Indicators report.

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