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Economy > Companies Stats: compare key data on Armenia & Turkey

Definitions

  • 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 formally registered when operations started > % of firms: Firms formally registered when operations started (% of firms). Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.
  • Gender equality > Firms with female top manager > %: Firms with female top manager (%). Percent of firms with a female top manager (average reported by firms)
  • 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).
  • Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
  • Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
  • Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$, % of GDP: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • New businesses registered > Number: New businesses registered (number). New businesses registered are the number of new limited liability corporations registered in the calendar year.
  • New businesses registered > Number per 1000: New businesses registered (number). New businesses registered are the number of new limited liability corporations registered in the calendar year. Figures expressed per thousand population for the same year.
  • Stock market > Stocks traded, total value > Current US$: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period.
  • Stock market > Stocks traded, total value > Current US$ per capita: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed per capita for the same year.
  • Trademark applications, total per 1000: Trademark applications, total. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Figures expressed per thousand population for the same year.
  • Trademark applications, Madrid: Trademark applications, Madrid. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Madrid trademark applications are those received by the national or regional IP office as a result of an international application filed via the WIPO-administered Madrid System.
  • Trademark applications, direct nonresident: Trademark applications, direct nonresident. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Direct nonresident trademark applications are those filed by applicants from abroad directly at a given national IP office.
  • Trademark applications, total: Trademark applications, total. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees.
  • 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 > 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.
  • 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.
  • Time required to obtain an operating license > Days per million: Time required to obtain an operating license (days). Time required to obtain operating license is the average wait to obtain an operating license from the day the establishment applied for it to the day it was granted. Figures expressed per million population for the same year.
  • Trademark applications, Madrid per 1000: Trademark applications, Madrid. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Madrid trademark applications are those received by the national or regional IP office as a result of an international application filed via the WIPO-administered Madrid System. Figures expressed per thousand population for the same year.
  • Trademark applications, direct nonresident per million: Trademark applications, direct nonresident. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Direct nonresident trademark applications are those filed by applicants from abroad directly at a given national IP office. Figures expressed per million population for the same year.
  • Stock market > Stocks traded, turnover ratio > %: Stocks traded, turnover ratio (%). Turnover ratio is the total value of shares traded during the period divided by the average market capitalization for the period. Average market capitalization is calculated as the average of the end-of-period values for the current period and the previous period.
  • Stock market > Stocks traded, total value > % of GDP: Stocks traded, total value (% of GDP). Stocks traded refers to the total value of shares traded during the period. This indicator complements the market capitalization ratio by showing whether market size is matched by trading.
  • Trademark applications, direct resident: Trademark applications, direct resident. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Direct resident trademark applications are those filed by domestic applicants directly at a given national IP office.
  • Trademark applications, direct resident per million: Trademark applications, direct resident. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Direct resident trademark applications are those filed by domestic applicants directly at a given national IP office. Figures expressed per million population for the same year.
  • 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.
  • 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.
  • Stock market > Stocks traded, total value > Current US$, % of GDP: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed as a proportion of GDP for the same year
  • Market capitalization of listed companies > % of GDP: Market capitalization of listed companies (% of GDP). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles.
  • 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.
  • New business density > New registrations per 1,000 people ages 15-64: New business density (new registrations per 1,000 people ages 15-64). New businesses registered are the number of new limited liability corporations registered in the calendar 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 > 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.
  • Firms competing against unregistered firms > % of firms: Firms competing against unregistered firms (% of firms). Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.
  • Time required to obtain an operating license > Days: Time required to obtain an operating license (days). Time required to obtain operating license is the average wait to obtain an operating license from the day the establishment applied for it to the day it was granted.
STAT Armenia Turkey HISTORY
Ease of doing business index > 1=most business-friendly regulations 37
Ranked 153th.
69
Ranked 120th. 86% more than Armenia

Ease of doing business index > 1=most business-friendly regulations per million 13.47
Ranked 86th. 14 times more than Turkey
0.973
Ranked 161st.
Firms formally registered when operations started > % of firms 96.2%
Ranked 21st. 2% more than Turkey
94%
Ranked 5th.
Gender equality > Firms with female top manager > % 13.5%
Ranked 33th. 9% more than Turkey
12.4%
Ranked 4th.
ISO certification ownership > % of firms 26.9%
Ranked 9th.
30%
Ranked 1st. 12% more than Armenia

Listed domestic companies, total 12
Ranked 103th.
405
Ranked 22nd. 34 times more than Armenia

Listed domestic companies, total per million 4.04
Ranked 77th.
5.47
Ranked 70th. 35% more than Armenia

Market capitalization of listed companies > Current US$ $132.15 million
Ranked 109th.
$308.77 billion
Ranked 28th. 2337 times more than Armenia

Market capitalization of listed companies > Current US$ per capita $44.51
Ranked 107th.
$4,172.79
Ranked 51st. 94 times more than Armenia

Market capitalization of listed companies > Current US$, % of GDP 1.33%
Ranked 99th.
39.12%
Ranked 48th. 29 times more than Armenia

New businesses registered > Number 2,391
Ranked 63th.
45,569
Ranked 19th. 19 times more than Armenia

New businesses registered > Number per 1000 0.807
Ranked 47th. 25% more than Turkey
0.648
Ranked 69th.

Stock market > Stocks traded, total value > Current US$ $1.02 million
Ranked 108th.
$348.51 billion
Ranked 21st. 340437 times more than Armenia

Stock market > Stocks traded, total value > Current US$ per capita $0.34
Ranked 107th.
$4,709.73
Ranked 29th. 13660 times more than Armenia

Trademark applications, total per 1000 1.56
Ranked 35th.
1.61
Ranked 34th. 3% more than Armenia

Trademark applications, Madrid 2,903
Ranked 36th.
9,286
Ranked 9th. 3 times more than Armenia

Trademark applications, direct nonresident 612
Ranked 67th.
4,720
Ranked 25th. 8 times more than Armenia

Trademark applications, total 4,620
Ranked 67th.
117,754
Ranked 7th. 25 times more than Armenia

Gender equality > Female legislators, senior officials and managers > % of total 21.51%
Ranked 61st. 2 times more than Turkey
10.04%
Ranked 54th.

Gender equality > Ratio of female to male labor participation rate > % 70.3%
Ranked 109th. 69% more than Turkey
41.53%
Ranked 163th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million 2.02
Ranked 52nd. 17 times more than Turkey
0.122
Ranked 152nd.

Time required to obtain an operating license > Days per million 6.74
Ranked 21st. 13 times more than Turkey
0.512
Ranked 6th.

Trademark applications, Madrid per 1000 0.979
Ranked 18th. 8 times more than Turkey
0.127
Ranked 59th.

Trademark applications, direct nonresident per million 206.47
Ranked 38th. 3 times more than Turkey
64.61
Ranked 67th.

Stock market > Stocks traded, turnover ratio > % 0.753%
Ranked 100th.
136.51%
Ranked 5th. 181 times more than Armenia

Stock market > Stocks traded, total value > % of GDP 0.0103%
Ranked 99th.
44.16%
Ranked 19th. 4292 times more than Armenia

Trademark applications, direct resident 1,105
Ranked 65th.
103,748
Ranked 6th. 94 times more than Armenia

Trademark applications, direct resident per million 372.79
Ranked 53th.
1,420.06
Ranked 13th. 4 times more than Armenia

Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time > 1=low to 5=high 3.07
Ranked 91st.
3.87
Ranked 26th. 26% more than Armenia

Cost of business start-up procedures > % of GNI per capita 1.1%
Ranked 166th.
12.7%
Ranked 89th. 12 times more than Armenia

Stock market > Stocks traded, total value > Current US$, % of GDP 0.0103%
Ranked 97th.
44.16%
Ranked 19th. 4275 times more than Armenia

Market capitalization of listed companies > % of GDP 1.33%
Ranked 101st.
39.12%
Ranked 48th. 29 times more than Armenia

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 6
Ranked 71st.
9
Ranked 18th. 50% more than Armenia

New business density > New registrations per 1,000 people ages 15-64 1.12
Ranked 51st. 17% more than Turkey
0.959
Ranked 73th.

Firms offering formal training > % of firms 30.4%
Ranked 30th. 2% more than Turkey
29.7%
Ranked 2nd.

Firms using banks to finance investment > % of firms 31.9%
Ranked 24th.
51.9%
Ranked 1st. 63% more than Armenia

Gender equality > Firms with female participation in ownership > % of firms 31.8%
Ranked 36th.
40.7%
Ranked 4th. 28% more than Armenia

Firms competing against unregistered firms > % of firms 44.6%
Ranked 33th.
52.4%
Ranked 1st. 17% more than Armenia
Time required to obtain an operating license > Days 20
Ranked 26th.
36
Ranked 3rd. 80% more than Armenia

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; World Bank Enterprise Surveys; Global Stock Markets Factbook; Global Stock Markets Factbook. 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.; Global Stock Markets Factbook. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank's Entrepreneurship Survey and database (http://econ.worldbank.org/research/entrepreneurship).; World Bank's Entrepreneurship Survey and database (http://econ.worldbank.org/research/entrepreneurship). 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 Intellectual Property Organization (WIPO), World Intellectual Property Indicators and www.wipo.int/econ_stat. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data. 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 Intellectual Property Organization (WIPO), World Intellectual Property Indicators and www.wipo.int/econ_stat. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data.; ILO Key Indicators of the Labour Market (KILM).; International Labour Organization, Key Indicators of the Labour Market database.; World Bank, Enterprise Surveys. 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 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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