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Economy > Companies Stats: compare key data on Belize & Guatemala

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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)
  • 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).
  • 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 > 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, 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, 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.
  • 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, 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.
  • 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, 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.
  • 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 > 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 Belize Guatemala HISTORY
Ease of doing business index > 1=most business-friendly regulations 106
Ranked 83th. 34% more than Guatemala
79
Ranked 110th.

Ease of doing business index > 1=most business-friendly regulations per million 320.93
Ranked 15th. 52 times more than Guatemala
6.17
Ranked 114th.
Firms formally registered when operations started > % of firms 79.2%
Ranked 27th.
90%
Ranked 15th. 14% more than Belize

Gender equality > Firms with female top manager > % 25.5%
Ranked 6th. 62% more than Guatemala
15.7%
Ranked 24th.
Gender equality > Ratio of female to male labor participation rate > % 59.66%
Ranked 139th. 7% more than Guatemala
55.67%
Ranked 149th.

ISO certification ownership > % of firms 0.7%
Ranked 34th.
11.9%
Ranked 25th. 17 times more than Belize

New businesses registered > Number 999
Ranked 76th.
5,119
Ranked 53th. 5 times more than Belize

New businesses registered > Number per 1000 3.16
Ranked 19th. 9 times more than Guatemala
0.348
Ranked 70th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million 9.26
Ranked 18th. 47 times more than Guatemala
0.199
Ranked 132nd.

Time required to obtain an operating license > Days per million 6.16
Ranked 19th. 2 times more than Guatemala
2.87
Ranked 27th.

Trademark applications, direct nonresident 770
Ranked 67th.
5,397
Ranked 29th. 7 times more than Belize

Trademark applications, direct nonresident per million 2,623.12
Ranked 6th. 7 times more than Guatemala
376.32
Ranked 27th.

Trademark applications, direct resident 35
Ranked 91st.
3,778
Ranked 48th. 108 times more than Belize

Trademark applications, total 805
Ranked 115th.
9,175
Ranked 48th. 11 times more than Belize

Trademark applications, total per 1000 2.74
Ranked 25th. 4 times more than Guatemala
0.64
Ranked 77th.

Trademark applications, direct resident per million 119.23
Ranked 77th.
263.43
Ranked 66th. 2 times more than Belize

Cost of business start-up procedures > % of GNI per capita 46.3%
Ranked 35th.
46.4%
Ranked 34th. About the same as Belize

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 3
Ranked 157th. The same as Guatemala
3
Ranked 153th.

New business density > New registrations per 1,000 people ages 15-64 4.54
Ranked 22nd. 7 times more than Guatemala
0.636
Ranked 67th.

Firms offering formal training > % of firms 29.4%
Ranked 28th.
43.6%
Ranked 17th. 48% more than Belize

Firms using banks to finance investment > % of firms 36.7%
Ranked 14th. 38% more than Guatemala
26.6%
Ranked 24th.

Gender equality > Firms with female participation in ownership > % of firms 30.4%
Ranked 25th.
44.2%
Ranked 12th. 45% more than Belize

Firms competing against unregistered firms > % of firms 58.5%
Ranked 26th.
69.8%
Ranked 12th. 19% more than Belize

Time required to obtain an operating license > Days 1.9
Ranked 33th.
41.1
Ranked 13th. 22 times more than Belize

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; International Labour Organization, Key Indicators of the Labour Market database.; 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 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 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.; 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.

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