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Government > Red tape Stats: compare key data on Nicaragua & Venezuela

Definitions

  • Burden of customs procedure, WEF > 1=extremely inefficient to 7=extremely efficient: Burden of customs procedure, WEF (1=extremely inefficient to 7=extremely efficient). Burden of Customs Procedure measures business executives' perceptions of their country's efficiency of customs procedures. The rating ranges from 1 to 7, with a higher score indicating greater efficiency. Data are from the World Economic Forum's Executive Opinion Survey, conducted for 30 years in collaboration with 150 partner institutes. The 2009 round included more than 13,000 respondents from 133 countries. Sampling follows a dual stratification based on company size and the sector of activity. Data are collected online or through in-person interviews. Responses are aggregated using sector-weighted averaging. The data for the latest year are combined with the data for the previous year to create a two-year moving average. Respondents evaluated the efficiency of customs procedures in their country. The lowest score (1) rates the customs procedure as extremely inefficient, and the highest score (7) as extremely efficient.
  • Burden of customs procedure, WEF > 1=extremely inefficient to 7=extremely efficient per million: Burden of customs procedure, WEF (1=extremely inefficient to 7=extremely efficient). Burden of Customs Procedure measures business executives' perceptions of their country's efficiency of customs procedures. The rating ranges from 1 to 7, with a higher score indicating greater efficiency. Data are from the World Economic Forum's Executive Opinion Survey, conducted for 30 years in collaboration with 150 partner institutes. The 2009 round included more than 13,000 respondents from 133 countries. Sampling follows a dual stratification based on company size and the sector of activity. Data are collected online or through in-person interviews. Responses are aggregated using sector-weighted averaging. The data for the latest year are combined with the data for the previous year to create a two-year moving average. Respondents evaluated the efficiency of customs procedures in their country. The lowest score (1) rates the customs procedure as extremely inefficient, and the highest score (7) as extremely efficient. Figures expressed per million population for the same year.
  • Procedures to build a warehouse > Number: Procedures to build a warehouse (number). Number of procedures to build a warehouse is the number of interactions of a company's employees or managers with external parties, including government agency staff, public inspectors, notaries, land registry and cadastre staff, and technical experts apart from architects and engineers.
  • Procedures to enforce a contract > Number per million: Procedures to enforce a contract (number). Number of procedures to enforce a contract are the number of independent actions, mandated by law or courts, that demand interaction between the parties of a contract or between them and the judge or court officer. Figures expressed per million population for the same year.
  • Procedures to register property > Number: Procedures to register property (number). Number of procedures to register property is the number of procedures required for a businesses to secure rights to property.
  • Start-up procedures to register a business > Number: Start-up procedures to register a business (number). Start-up procedures are those required to start a business, including interactions to obtain necessary permits and licenses and to complete all inscriptions, verifications, and notifications to start operations. Data are for businesses with specific characteristics of ownership, size, and type of production.
  • Start-up procedures to register a business > Number per million: Start-up procedures to register a business (number). Start-up procedures are those required to start a business, including interactions to obtain necessary permits and licenses and to complete all inscriptions, verifications, and notifications to start operations. Data are for businesses with specific characteristics of ownership, size, and type of production. Figures expressed per million population for the same year.
  • Time required to build a warehouse > Days: Time required to build a warehouse (days). Time required to build a warehouse is the number of calendar days needed to complete the required procedures for building a warehouse. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
  • Time required to enforce a contract > Days: Time required to enforce a contract (days). Time required to enforce a contract is the number of calendar days from the filing of the lawsuit in court until the final determination and, in appropriate cases, payment.
  • Time required to get electricity > Days: Time required to get electricity (days). Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.
  • Time required to get electricity > Days per million: Time required to get electricity (days). Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure. Figures expressed per million population for the same year.
  • Time required to register property > Days: Time required to register property (days). Time required to register property is the number of calendar days needed for businesses to secure rights to property.
  • Time required to start a business > Days: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
  • Time required to start a business > Days per million: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. Figures expressed per million population for the same year.
  • Time to resolve insolvency > Years: Time to resolve insolvency (years). Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
  • Time required to register property > Days per million: Time required to register property (days). Time required to register property is the number of calendar days needed for businesses to secure rights to property. Figures expressed per million population for the same year.
  • Time required to build a warehouse > Days per million: Time required to build a warehouse (days). Time required to build a warehouse is the number of calendar days needed to complete the required procedures for building a warehouse. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. Figures expressed per million population for the same year.
  • Procedures to build a warehouse > Number per million: Procedures to build a warehouse (number). Number of procedures to build a warehouse is the number of interactions of a company's employees or managers with external parties, including government agency staff, public inspectors, notaries, land registry and cadastre staff, and technical experts apart from architects and engineers. Figures expressed per million population for the same year.
  • Management time dealing with officials > % of management time: Management time dealing with officials (% of management time). Time dealing with officials is the percentage of management time in a given week spent on requirements imposed by government regulations (taxes, customs, labor regulations, licensing and registration).
  • Procedures to register property > Number per million: Procedures to register property (number). Number of procedures to register property is the number of procedures required for a businesses to secure rights to property. Figures expressed per million population for the same year.
  • Procedures to enforce a contract > Number: Procedures to enforce a contract (number). Number of procedures to enforce a contract are the number of independent actions, mandated by law or courts, that demand interaction between the parties of a contract or between them and the judge or court officer.
  • Time required to enforce a contract > Days per million: Time required to enforce a contract (days). Time required to enforce a contract is the number of calendar days from the filing of the lawsuit in court until the final determination and, in appropriate cases, payment. Figures expressed per million population for the same year.
STAT Nicaragua Venezuela HISTORY
Burden of customs procedure, WEF > 1=extremely inefficient to 7=extremely efficient 3.1
Ranked 128th. 48% more than Venezuela
2.1
Ranked 144th.

Burden of customs procedure, WEF > 1=extremely inefficient to 7=extremely efficient per million 0.517
Ranked 63th. 7 times more than Venezuela
0.0701
Ranked 119th.

Procedures to build a warehouse > Number 16
Ranked 55th. 60% more than Venezuela
10
Ranked 160th.

Procedures to enforce a contract > Number per million 6.18
Ranked 81st. 6 times more than Venezuela
1
Ranked 154th.

Procedures to register property > Number 8
Ranked 22nd. The same as Venezuela
8
Ranked 32nd.

Start-up procedures to register a business > Number 7
Ranked 73th.
17
Ranked 2nd. 2 times more than Nicaragua

Start-up procedures to register a business > Number per million 1.34
Ranked 71st. 2 times more than Venezuela
0.568
Ranked 108th.

Time required to build a warehouse > Days 208
Ranked 45th.
381
Ranked 7th. 83% more than Nicaragua

Time required to enforce a contract > Days 409
Ranked 148th.
610
Ranked 71st. 49% more than Nicaragua

Time required to get electricity > Days 55
Ranked 150th.
158
Ranked 32nd. 3 times more than Nicaragua

Time required to get electricity > Days per million 11.68
Ranked 94th. 2 times more than Venezuela
5.27
Ranked 127th.

Time required to register property > Days 49
Ranked 65th. 29% more than Venezuela
38
Ranked 89th.

Time required to start a business > Days 36
Ranked 33th.
144
Ranked 2nd. 4 times more than Nicaragua

Time required to start a business > Days per million 6.51
Ranked 58th. 35% more than Venezuela
4.81
Ranked 67th.

Time to resolve insolvency > Years 2.2
Ranked 94th.
4
Ranked 29th. 82% more than Nicaragua

Time required to register property > Days per million 8.18
Ranked 70th. 6 times more than Venezuela
1.27
Ranked 137th.

Time required to build a warehouse > Days per million 34.71
Ranked 72nd. 3 times more than Venezuela
12.72
Ranked 105th.

Procedures to build a warehouse > Number per million 2.67
Ranked 80th. 8 times more than Venezuela
0.334
Ranked 154th.

Management time dealing with officials > % of management time 20.2%
Ranked 8th.
27.6%
Ranked 4th. 37% more than Nicaragua

Procedures to register property > Number per million 1.34
Ranked 63th. 5 times more than Venezuela
0.267
Ranked 126th.

Procedures to enforce a contract > Number 37
Ranked 101st. 23% more than Venezuela
30
Ranked 169th.

Time required to enforce a contract > Days per million 68.26
Ranked 92nd. 4 times more than Venezuela
18.69
Ranked 148th.

SOURCES: World Economic Forum, Global Competiveness Report and data files.; World Economic Forum, Global Competiveness Report and data files. 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, 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

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