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Economy > Companies Stats: compare key data on Bulgaria & Romania

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  • 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 Bulgaria Romania HISTORY
Ease of doing business index > 1=most business-friendly regulations 58
Ranked 131st.
73
Ranked 116th. 26% more than Bulgaria

Ease of doing business index > 1=most business-friendly regulations per million 7.8
Ranked 106th. 2 times more than Romania
3.42
Ranked 131st.
Firms formally registered when operations started > % of firms 98.5%
Ranked 11th.
98.7%
Ranked 8th. About the same as Bulgaria
Gender equality > Firms with female top manager > % 25.8%
Ranked 11th. 4% more than Romania
24.7%
Ranked 13th.
ISO certification ownership > % of firms 19.9%
Ranked 18th.
26.1%
Ranked 10th. 31% more than Bulgaria

Listed domestic companies, total 387
Ranked 23th. 5 times more than Romania
77
Ranked 60th.

Listed domestic companies, total per million 52.98
Ranked 17th. 15 times more than Romania
3.61
Ranked 80th.

Market capitalization of listed companies > Current US$ $6.67 billion
Ranked 78th.
$15.93 billion
Ranked 65th. 2 times more than Bulgaria

Market capitalization of listed companies > Current US$ per capita $912.60
Ranked 74th. 22% more than Romania
$746.72
Ranked 82nd.

Market capitalization of listed companies > Current US$, % of GDP 13.06%
Ranked 77th. 39% more than Romania
9.4%
Ranked 85th.

New businesses registered > Number 35,545
Ranked 22nd.
65,842
Ranked 11th. 85% more than Bulgaria

New businesses registered > Number per 1000 4.69
Ranked 17th. 52% more than Romania
3.08
Ranked 22nd.

Stock market > Stocks traded, total value > Current US$ $361.97 million
Ranked 69th.
$2.13 billion
Ranked 57th. 6 times more than Bulgaria

Stock market > Stocks traded, total value > Current US$ per capita $49.55
Ranked 78th.
$99.69
Ranked 66th. 2 times more than Bulgaria

Trademark applications, total per 1000 0.902
Ranked 61st. 68% more than Romania
0.537
Ranked 84th.

Trademark applications, Madrid 2,136
Ranked 50th.
2,418
Ranked 43th. 13% more than Bulgaria

Trademark applications, direct nonresident 432
Ranked 77th.
669
Ranked 61st. 55% more than Bulgaria

Trademark applications, total 6,626
Ranked 54th.
11,476
Ranked 40th. 73% more than Bulgaria

Gender equality > Female legislators, senior officials and managers > % of total 34.06%
Ranked 24th. 5% more than Romania
32.37%
Ranked 28th.

Gender equality > Ratio of female to male labor participation rate > % 81.29%
Ranked 64th. 8% more than Romania
74.96%
Ranked 94th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million 1.37
Ranked 65th. 3 times more than Romania
0.422
Ranked 106th.

Time required to obtain an operating license > Days per million 2.74
Ranked 32nd. 2 times more than Romania
1.1
Ranked 44th.
Trademark applications, Madrid per 1000 0.291
Ranked 47th. 3 times more than Romania
0.113
Ranked 62nd.

Trademark applications, direct nonresident per million 58.79
Ranked 69th. 88% more than Romania
31.28
Ranked 79th.

Stock market > Stocks traded, turnover ratio > % 4.85%
Ranked 70th.
11.45%
Ranked 55th. 2 times more than Bulgaria

Stock market > Stocks traded, total value > % of GDP 0.71%
Ranked 69th.
1.1%
Ranked 60th. 55% more than Bulgaria

Trademark applications, direct resident 4,058
Ranked 43th.
8,389
Ranked 35th. 2 times more than Bulgaria

Trademark applications, direct resident per million 552.23
Ranked 39th. 41% more than Romania
392.29
Ranked 47th.

Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time > 1=low to 5=high 3.56
Ranked 47th.
3.82
Ranked 28th. 7% more than Bulgaria

Cost of business start-up procedures > % of GNI per capita 1%
Ranked 168th.
2.4%
Ranked 148th. 2 times more than Bulgaria

Stock market > Stocks traded, total value > Current US$, % of GDP 0.709%
Ranked 69th.
1.26%
Ranked 60th. 77% more than Bulgaria

Market capitalization of listed companies > % of GDP 13.08%
Ranked 79th. 58% more than Romania
8.26%
Ranked 89th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 10
Ranked 2nd. 11% more than Romania
9
Ranked 11th.

New business density > New registrations per 1,000 people ages 15-64 7.2
Ranked 16th. 63% more than Romania
4.41
Ranked 24th.

Firms offering formal training > % of firms 30.8%
Ranked 29th. 19% more than Romania
25.9%
Ranked 38th.

Firms using banks to finance investment > % of firms 34.7%
Ranked 19th.
37.3%
Ranked 16th. 7% more than Bulgaria

Gender equality > Firms with female participation in ownership > % of firms 33.9%
Ranked 29th.
47.9%
Ranked 16th. 41% more than Bulgaria

Firms competing against unregistered firms > % of firms 54.1%
Ranked 24th. 54% more than Romania
35.1%
Ranked 45th.
Time required to obtain an operating license > Days 20.8
Ranked 25th.
23.7
Ranked 22nd. 14% more than Bulgaria

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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