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Economy > Companies Stats: compare key data on Grenada & Jamaica

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 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.
  • 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 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).
  • 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.
  • 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, 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.
  • 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 Grenada Jamaica HISTORY
Cost of business start-up procedures > % of GNI per capita 19.7%
Ranked 66th. 3 times more than Jamaica
6.4%
Ranked 123th.

Ease of doing business index > 1=most business-friendly regulations 107
Ranked 82nd. 14% more than Jamaica
94
Ranked 95th.

Ease of doing business index > 1=most business-friendly regulations per million 966.98
Ranked 7th. 29 times more than Jamaica
33.55
Ranked 51st.
Firms formally registered when operations started > % of firms 71.1%
Ranked 33th.
90%
Ranked 14th. 27% more than Grenada
Firms offering formal training > % of firms 46%
Ranked 14th. 76% more than Jamaica
26.1%
Ranked 30th.

Firms using banks to finance investment > % of firms 37.3%
Ranked 11th.
44.2%
Ranked 9th. 18% more than Grenada

Gender equality > Firms with female top manager > % 24%
Ranked 9th.
24.1%
Ranked 8th. About the same as Grenada
ISO certification ownership > % of firms 32.6%
Ranked 1st. 98% more than Jamaica
16.5%
Ranked 18th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 4
Ranked 125th. The same as Jamaica
4
Ranked 133th.

Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure per million 37.92
Ranked 8th. 26 times more than Jamaica
1.47
Ranked 61st.

Time required to obtain an operating license > Days per million 212.08
Ranked 1st. 62 times more than Jamaica
3.44
Ranked 25th.
Trademark applications, direct nonresident 34
Ranked 92nd.
1,276
Ranked 47th. 38 times more than Grenada

Trademark applications, direct nonresident per million 345.39
Ranked 32nd.
471.46
Ranked 25th. 37% more than Grenada

Trademark applications, total 34
Ranked 93th.
2,372
Ranked 84th. 70 times more than Grenada

Trademark applications, total per 1000 0.345
Ranked 44th.
0.876
Ranked 62nd. 3 times more than Grenada

Gender equality > Firms with female participation in ownership > % of firms 57.3%
Ranked 7th. 50% more than Jamaica
38.2%
Ranked 20th.

Firms competing against unregistered firms > % of firms 72.5%
Ranked 8th. 9% more than Jamaica
66.4%
Ranked 18th.
Time required to obtain an operating license > Days 22.2
Ranked 24th. 2 times more than Jamaica
9.3
Ranked 27th.

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; 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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