presentation on key success factors for national sme development program 3rd working session: the...
TRANSCRIPT
Presentation on Key Success Factors for
National SME Development Program
3rd Working Session: “The Role of Chambers of Commerce and Industry in
Promotion of SMEs”
6th and Final Meeting of the OIC Task Force on SMEs
Bangkok
August 15-17, 2008
IMPORTANCE OF SMEs• Engine of Economic growth.
• Reduction in Economic Risk.
• Constructing Peripheral business activities.
• Reduction in disparities through trickle down effects.
• Poverty Reduction through employment generating fiscal mechanism.
• Constructing Healthy competition.
• Developers of entrepreneurial culture.
• Promotion of Learning Environment
• Economic Externalities.
ECONOMIC CONTRIBUTION OF SMEs IN OIC STATES
• 75% contribution in Developing Countries GDP
• In Bangladesh 80 per cent of industrial employment.
• In Indonesia, – Two thirds of small businesses in the agricultural sector– 17 per cent in trading (including restaurants and hotels) – 7 per cent in processing industries – 5 per cent in the service sector.
• In Malaysia,– 15 per cent of total output – 18 per cent of value addition – 17 per cent of employment in the manufacturing sector.
• In Pakistan, – Contribution to GDP is more than 30 percent; – 80 per cent Employment of the industrial labor force – 60 per cent Employment of the manufacturing sector.
SME SHARE IN EXPORT OF OIC COUNTRIES Positive impact on the trade balances by:
• Generating Exports from OIC countries.
• Low-cost and labor-intensive products.
• Less capital-intensive imports
• In Malaysia, – 20 per cent in exports;
• In Bangladesh – 70 percent in exports
• In Jordan – 29 percent in exports,
• In Turkey – 30 percent in exports
• In Pakistan, – 80 per cent of the total exports of manufactured products.
• In Indonesia, (only for direct exports)– less than 2 per cent are involved in exports,
STRATEGIC ISSUES/PROBLEMSSMEs related problems are almost same for all OIC countries:
• Capital Raising
• Funds for S T Financing
• Politico-economic conditions
• Government Regulations
• Competitiveness factors
• Marketing and image Building
• Infrastructure
• Human Resource
• Biasness in industrial policies
• Labor Laws
• Governance and entrepreneurship
• Lack of harmonization and vertical integration with the large scale enterprise
• Lack of technological advancement
• Cross Border business and Financing activities• Access to global markets • Possibilities to exploit scale advantages; • Upgrading of technological capability; • Ways of spreading risk;
• lowering and sharing costs, Including R&D costs; • Improving access to finance.• Branding • Campaign for image building• Acquisition of Trademarks• Development of Websites • Participation in fairs and exhibitions
Cont…..
PRE-REQUISITE FACTORS
• To Prosper SMEs requires:
– Conducive Business Environment and regulations – Adequate basic infrastructure services– Access to short and long-term funding at reasonable cost – Equity and Venture Capital – Advisory Assistance – Knowledge about market opportunities.
• To Succeed, Sustainable SMEs Synchronisation between:
– Commercial Banks – Specialized Financial Institutions – Leasing Companies and equity providers – Consulting and training firms – Internet provider – Local business associations.
ROLE OF THE CCI TO ENHANCE SMEs IN OIC COUNTRIES
• ROLE OF CHAMBERS AS :
(i) Associations of entrepreneurs
(ii) Think tank
(iii) Liaison Institution
• FUNCTIONS OF CHAMBERS:
(i) To create awareness
(ii) Policy advocacy
(iii) Lobbying Business sectors Development
(iv) Facilitation Services.
Cont…..
• In Pakistan, FPCCI has been participating in the development of SMEs sector by different ways.
-Standing committee on SMEs related issues.
- Recommendation of policy measures to the fiscal and monetary authorities for enhancement the role and share of SMEs in the economy.
- On FPCCI recommendation, commercial banks have been directed by the State Bank of Pakistan to establish separate windows and allocate separate funds for financing to the SMEs.
- In collaboration with FPCCI, the USAID ‘Business Support Fund’ has been granting the financial assistance to the SMEs for developing of websites, branding, campaign for image building, acquisition of trademarks, participation in fairs and exhibitions and many other such activities.
- Competitiveness Support Funds ( FPCCI , USAID and WEF)
Private sector in the economy
Investment commitments in Infrastructure
projects with private participation"
Countries
Domestic credit to private sector
Businesses registeredMicro“ small, and medium-
size enterprises
%of GDPNew 2005
Total 2005Total
2000-05
per 1,000 people 2000-
05b
Afghanistan .. .. .. .. ..
Albania 21.8 2,388 16,423 38,331 12.3
Algeria 12.5 12,164 103,482 580,000 18.8
Angola 7.5 .. .. .. ..
Argentina 13 53,000 450,535 .. ..
Armenia 8.8 9,667 123,951 99,805 33.1
Australia 109.6 81,079 935,047 1,269,000 63.2
Austria 114.9 14,669 172,602 252,399 30.9
Azerbaijan 12.2 .. .. 49,527 6
Bangladesh 36.2 5,328 67,459 177,000 1.3
Belarus 20.2 .. .. 25,108 2.5
Belgium 83.3 25,492 343,761 686,533 66.2
Benin 16.7 .. .. .. ..
Bolivia 36.1 1,625 24,649 .. ..
Bosnia and Herzegovina
48.4 1,409 34,035 14,986 3.8
Botswana 19.6 7,301 79,543 13,137 7.4
Cont…..
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Brazil 36.5 .. .. 4,903,268 27.4
Bulgaria 47.4 .. .. 216,489 27.7
Burkina Faso 16.7 .. .. .. ..
Burundi 21 .. .. .. ..
Cambodia 9.1 1,551 10,349 .. ..
Cameroon 9 .. .. .. ..
Canada 195.3 85,083 1,357,881 2,245,245 69.5
Central African Republic 6.6 .. .. .. ..
Chad 2.5 .. .. .. ..
Chile 82.4 31,088 170,636 700,000 43.4
China 113.6 .. .. 8,000,000 6.3
HongKong,China 139.5 74,122 557,002 263,959 38.4
Colombia 35.7 987 20,026 664,000 15
Congo, Dem. Rep. 2.9 .. .. .. ..
Congo, Rep. 2.2 2,160 34,514 .. ..
Costa Rica 39.1 44,301 392,726 40,921 9.6
Cote d'ivoire 14.1 .. .. .. ..
Croatia 68.7 8,733 113,708 94,088 21.2
Cuba .. .. .. .. ..
Czech Republic 40.9 30,945 273,688 .. ..Cont…..
Private sector in the economy
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Denmark 185.1 33,047 234,432 257,950 47.8
DominicanRepublic 25.8 .. .. .. ..
Ecuador 24 .. .. 1,043,440 83.6
Egypt, Arab Rep. 55.3 9,595 367,559 .. ..
EI Salvador 42.9 2,617 40,739 461,642 72.1
Eritrea 29 .. .. .. ..
Estonia 78.4 9,945 73,999 65,194 48.4
Ethiopia 27.2 .. .. .. ..
Finland 77.8 7,710 114,061 221,000 42.4
France 98.7 144,521 1,225,291 2,612,960 43.2
Gabon 9.3 .. .. .. ..
Gambia,The 15.6 .. .. .. ..
Georgia 19.5 5,035 56,840 33,860 7.6
Germany 109.8 66,747 465,615 3,162,111 38.3
Ghana 18 6,189 100,272 25,679 1.2
Greece 72.3 2,381 33,839 771,000 69.9
Guatemala 26.8 4,251 68,451 .. ..
Guinea 5 .. .. .. ..
Guinea-Bissau 4 .. .. .. ..
Haiti 13.3 9 300 .. ..Cont…..
Private sector in the economy
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Honduras 49 .. 257,953 40.2
Hungary 55.4 22,251 240,556 .. ..
India 45 38,129 712,800 .. ..
Indonesia 24.6 19,851 259,799 41,362,315 195.3
Iran, Islamic Rep. 47.3 .. .. .. ..
Iraq .. .. .. .. ..
Ireland 183.4 17,234 160,707 97,000 24.3
Israel 89.6 14,687 379,503 468,338 67.6
Italy 95.6 104,364 1,688,198 4,486,000 77.9
Jamaica 27.9 .. .. ..
Japan 182 114,013 2,572,088 5,712,191 44.7
Jordan 98 7,706 102,716 141,327 26.4
Kazakhstan 47.8 3,302 32,150 .. ..
Kenya 27.7 7,371 125,102 2,800,000 87.4
Korea, Dem. Rep. .. .. .. .. ..
Korea, Rep. 102 .. .. 2,998,223 62.4
Kuwait 63.1 .. .. .. ..
Kyrgyz Republic 10.5 .. .. 142,475 28.3
Lao PDR 6 .. .. .. ..
Latvia 86.8 10,856 193,893 32,571 13.8Cont…..
Private sector in the economy
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Lebanon 77.9 3,127 63,423 .. ..
Lesotho 8.9 .. .. .. ..
Liberia 8.4 .. .. .. ..
Libya 15.5 .. .. .. ..
Lithuania 50.6 4,507 71,085 56,428 16.5
Macedonia, FYR 30.2 10,814 157,973 55,742 27.5
Madagascar 10.2 1,234 19,305 .. ..
Malawi 8.7 420 5,595 747,396 64.9
Malaysia 108.1 .. .. 518,996 20.5
Mali 17.2 .. .. .. ..
Mauritania .. .. .. .. ..
Mauritius 78 .. .. 75,267 62.2
Mexico 22.1 306,400 4,290,000 2,891,300 28.3
Moldova 27.9 5,033 61,333 25,667 6.1
Mongolia 32.8 .. .. .. ..
Morocco 58.1 13,407 155,947 450,000 15.8
Mozambique 13.8 .. .. .. ..
Myanmar 5.6 .. .. .. ..
Namibia 61.7 .. .. .. ..
Nepal 37.7 .. .. 3,040 0.1Cont…..
Private sector in the economy
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Netherlands 176.2 116,000 1,030,000 735,160 45
New Zealand 144.2 62,695 388,846 334,031 82.2
Nicaragua 33.8 .. .. .. ..
Niger 8.3 .. .. .. ..
Nigeria 15 .. .. .. ..
Norway .. 47,436 298,360 316,243 68.4
Oman 34.9 .. 7,373 2.9
Pakistan 29 4,227 44,897 2,956,704 19
Panama 88.6 .. .. .. ..
Papua New Guinea 17.1 .. .. .. ..
Paraguay 16.9 .. .. 548,000 95.5
Peru 17.8 33,349 554,135 658,837 23.9
Philippines 30 13,328 .. 808,634 10.1
Poland 33.6 23,864 509,894 1,654,822 43.3
Portugal 157.4 16,770 262,686 693,000 66.4
Puerto Rico .. .. .. 2,069 0.5
Romania 26.3 91,386 851,562 392,544 18.1
Russian Federation 30.8 446,605 4,767,300 6,891,300 48.2
Rwanda 13.5 .. .. .. ..
Saudi Arabia 50.7 .. .. .. ..Cont…..
Private sector in the economy
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Senegal 23.1 23 1,000 .. ..
Serbia and Montenegro 26.8 14,608 270,872 68,220 9.1
Sierra Leone 4.4 .. .. .. ..
Singapore 98.6 19,501 102,662 136,363 32.2
Slovak Republic 39.2 7,507 81,775 70,553 13.1
Slovenia 68.8 3,237 40,560 91,066 45.6
Somalia .. .. .. .. ..
South Africa 160.8 41,356 553,425 .. ..
Spain 167.4 139,119 2,193,691 3,168,735 73
Sri Lanka 32.8 4,754 58,518 121,426 6.3
Sudan 0.1 .. .. 22,460 0.7
Swaziland 23.7 .. .. .. ..
Sweden 117.3 21,695 301,814 898,454 99.6
Switzerland 174.3 8,998 140,580 344,000 46.9
Syrian Arab Republic 14.9 216 2,268 .. ..
Tajikistan 16 .. .. 92,964 14.7
Tanzania 12.2 3,933 59,163 2,700,000 75.8
Thailand 88 .. .. 842,360 13.7
Private sector in the economy
Cont…..
Countries
Domestic credit to private
sectorBusinesses registered
Micro“ small, and medium-size enterprises
%of GDP New 2005 Total 2005 Total 2000-05per 1,000
people 2000-05b
Timor-Leste .. .. .. 4,138 4.5
Togo 16.9 .. .. .. ..
Trinidad and Tobago 34.3 .. .. 19,150 14.5
Tunisia 65 6,353 62,563 .. ..
Turkey 34.1 86,900 593,166 210,134 3.1
Turkmenistan .. .. .. .. ..
Uganda 7.9 8,096 89,503 160,453 6.2
Ukraine 44.9 28,716 471,839 343,786 7.3
United Arab Emirates 60.9 .. .. .. ..
United Kingdom 175.8 333,700 2,160,000 4,415,260 73.8
United States 201.1 676,830 5,156,000 5,868,737 20
Uruguay 26.2 .. .. 143,035 37.9
Uzbekistan .. .. .. 212,424 8.3
Venezuela, RB 17.1 .. .. 11,314 0.5
Vietnam 71.3 .. .. 90,935 1.1
West Bank and Gaza 8 .. .. 97,194 27.7
Yemen, Rep. 6.9 1,800 21,332 310,000 16.2
Zambia 9.7 3,389 65,155 .. ..
Zimbabwe 26.6 .. .. .. ..
Private sector in the economy
Source: World Bank
Business environment: enterprise surveys
CountriesSurve
y year
Regulations and tax
Permits and licenses
Corruption
Crime
Informality
Gender
Finance
Infrastructure
Innovatio
nTrad
e
Workforce
Time dealing
with officials %
of management time
Average
number of
times management met with tax
officials
Time required to
obtain operat
ing license days
Unofficial
payments to
public officials % of
firms
Losses
due to
theft, robbery, vandalism and
arson % of Sales
Firms that do not
report all sales for
tax purposes % of firms
Firms with
female
participation in
ownership % of firms
Firms using banks
to financ
e investment % of firms
Value lost
due to electri
cal outages %
of Sales
ISO certification
ownership % of firms
Average time to
clear exports
through
customs
days
Firms
offering
formal
training
% of firm
s
Afghanistan
.. .. .. .. .. .. .. .. .. .. .. ..
Albania 2005 10.4 6.6 64.3 0 66.2 14.1 27.9 10.9 16.7 1.4 47.5
Algeria 2002 .. .. .. 75.2 0.5 70.4 .. 16.9 4.3 .. 8.6 31.8
Angola 2006 7.1 5.2 24.1 46.3 2.4 67.8 2304 2.1 3.7 5.1 16.5 19.4
Argentina 2006 14.1 4.6 175.8 18.7 3.7 49.1 30.3 6.9 1.4 26.9 5.5 52.2
Armenia 2005 3 2.9 .. 24.6 0 26.2 12.5 35 2.5 5.7 5 35.9
Australia .. .. .. .. .. .. .. .. .. .. .. ..
Austria .. .. .. .. .. .. .. .. .. .. .. ..
Azerbaijan 2005 5.2 1.3 37.8 0.2 38.7 14.4 0.6 5.9 10.3 1.6 16.3
Bangladesh
2007 3.2 1.4 6.1 82.2 1.2 16.1 11.6 10.6 7.8 8.4 16.2
Belarus 2005 3.6 3.1 26.2 0.2 20 23.8 10.5 3.8 8.9 3 49.7
Belgium .. .. .. .. .. .. .. .. .. .. .. ..
Benin 2004 6.5 6.3 39.9 57.7 0.3 39.6 .. 20.8 6.5 2.7 6.3 35.3
Bolivia 2006 13.5 3.5 30 32 3.3 5104 41.1 21.1 404 13.8 15.3 53.9
Cont…..
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption Crime
Informality
Gender
Finance
Infrastructure
Innovatio
nTrad
e
Workforce
Time dealing
with officials
% of manage
ment time
Average number of
times
managemen
t met with tax officials
Time required to obtain operating
license days
Unofficial
payments to
public
officials % of firm
s
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firms
Firms
with female participation in ownership % of
firms
Firms
using
banks to
finance investment % of firm
s
Value lost due to
electrical
outages %
of Sales
ISO certification
ownership % of firms
Average time to
clear exports
through
customs
days
Firms
offering
formal
training
% of firm
s
Bosnia & H.200
54.3 1.9
24.1
4 29.225.2
17.5
204 14.5 247.2
Botswana200
65 2.4 13.7
27.6
3.2 65.340.9
11.3
1.4 12.7 10437.7
Brazil200
37.2 .. .. .. 4 82.8 ..
22.9
1.6 19.1 8.267.1
Bulgaria200
52.8 4.7 ..
36.1
0.3 39.736.5
24.7
1.3 11 232.3
Burkina Faso
2006
9.5 2.5 .. 87 1.8 58.823.3
22.3
3.9 7.4 2.843.1
Burundi200
65.7 2.1 27.3
56.5
4.9 42.734.8
12.3
10.7 7.1 ..22.1
Cambodia200
38.6 7.2 ..
82.4
1.6 91 6.8 2.2 2.8 ..22.5
Cameroon200
612.8 6.4 15.6
77.4
3.8 38.735.3
18 3.9 16.4 4.342.4
Canada .. .. .. .. .. .. .. .. .. .. .. ..
C.A. Rep. .. .. .. .. .. .. .. .. .. .. .. ..
Chad .. .. .. .. .. .. .. .. .. .. .. ..
Chile200
69 5.4 67.7 8.2 1.3 27.9
27.8
29 1.8 22 5.846.9
China200
318.3
14.4
11.872.6
0.1 49.5 9.8 1.3 35.9 6.784.8
H.K, China .. .. .. .. .. .. .. .. .. .. .. ..
Colombia200
614.3 2.5 28.2 8.2 2.9 38.7 43
30.5
2.3 5.9 7.139.5
Cont…..
Business environment: enterprise surveys
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
CrimeInformality
Gender
Finance
Infrastructure
Innovation
TradeWorkforce
Time dealing
with officials
% of manage
ment time
Average number of
times
managemen
t met with tax
officials
Time required to obtain operating
license days
Unofficia
l payments to publ
ic officials % of firm
s
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firms
Firms
with female participation in ownership % of
firms
Firms
using
banks to
finance
investment %
of firms
Value lost
due to electri
cal outages %
of Sales
ISO certificatio
n ownership % of firms
Average time to
clear expor
ts throu
gh custo
ms days
Firms
offering
formal
training
% of firms
Congo, Dem.200
66.3 10 17.8
83.8
6.5 65.421.2
3.3 5.6 4.3 3.6 11.4
Congo, Rep. .. .. .. .. .. .. .. .. .. .. .. ..
Costa Rica200
59.6 0.7
33.8
0.4 68.334.7
9.3 1.9 10.5 3.5 46.4
Cote d'ivoire .. .. .. .. .. .. .. .. .. .. .. ..
Croatia200
52.7 2.3
20.8
0.2 33.3 20 29.7 2.4 16.1 2 59.9
Cuba .. .. .. .. .. .. .. .. .. .. .. ..
Czech Rep.200
52.1 1.7
25.5
0.4 51.121.8
11.4 1.6 12.5 3.6 60.3
Denmark .. .. .. .. .. .. .. .. .. .. .. ..
Domin. Rep.200
58.8 2.7
26.3
0.7 73.6 3.6 15.2 9.6 11.4 53.3
Ecuador200
617.3 2.6 19.9
20.7
3 37.632.7
23.8 2.7 18.2 7 61.6
Egypt, Arab Rep.
2004
.. 7.2 112.821.2
33 7.9 4.5 12 4.8 13.4
EI Salvador200
69.2 4.1 35.4
27.3
5.6 42.339.6
17.3 2.9 11 2.9 49.6
Eritrea200
23.8 .. 6.8 84.2 5.3 30.5 6.6 20.3
Estonia200
52.3 2.2
16.2
0.4 24.734.1
17.8 1.1 13.2 1.8 64.9
Ethiopia200
63.8 1.8 11.4
12.4
1.4 51.630.9
11 0.9 4.2 4.3 38.2
Cont…..
Business environment: enterprise surveys
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
CrimeInformality
Gender
Finance
Infrastructure
Innovatio
n
Trade
Workforce
Time dealing
with officials
% of manage
ment time
Average number of
times
managemen
t met with tax officials
Time required to obtain operating
license days
Unofficial
payments to
public
officials % of firm
s
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firms
Firms
with female participation in ownership % of
firms
Firms
using
banks to
finance investment % of firm
s
Value lost due to
electrical
outages %
of Sales
ISO certification
ownership % of firms
Average time to
clear exports
through
customs
days
Firms
offering
formal
training
% of firm
s
Finland .. .. .. .. .. .. .. .. .. .. .. ..
France .. .. .. .. .. .. .. .. .. .. .. ..
Gabon .. .. .. .. .. .. .. .. .. .. .. ..
Gambia, The200
67.3 3.2 9.1
52.1
8.7 88.121.3
7.6 11.8 22.2 5 25.6
Georgia200
53.1 7.9
11.1
0.3 3636.9
12.5 9.2 13 3.4 24
Germany .. .. .. .. .. .. .. .. .. .. .. ..
Ghana200
74 4.6 6.4
38.8
3.7 59.2 44 16 6 6.8 7.8 33
Greece .. .. .. .. .. .. .. .. .. .. .. ..
Guatemala200
69.2 3.9 75.4 13 5.2 44.2
28.4
12.8 4.5 8 4.5 28.1
Guinea200
62.7 3.6 13
84.8
8.3 95.425.4
0.9 14 5.2 4.3 21.1
Guinea-Bissau200
62.9 4.4 30.4
62.2
3.3 68.219.9
0.7 5.3 8.4 5.6 12.4
Haiti .. .. .. .. .. .. .. .. .. .. .. ..
Honduras200
64.6 2.4 31.6
12.7
6.1 3639.9
8.5 3.8 16.5 6 33.3
Hungary200
54 2.5
32.1
0.1 4040.1
22.3 1.4 23.1 4.5 39.9
Cont…..
Business environment: enterprise surveys
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
Crime
Informality
Gender
Finance
Infrastructure
Innovatio
n
Trade
Workforce
Time dealing
with officials
% of manage
ment time
Average
number of
times
managemen
t met with tax officials
Time required to obtain operating license
days
Unofficial
payments to
public officials % of
firms
Losses due
to theft, robbery, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firm
s
Firms with
female participation in ownership % of
firms
Firms
using
banks to
finance investment % of firm
s
Value lost due to
electrical
outages %
of Sales
ISO certificati
on ownership % of
firms
Average time to
clear exports
through customs days
Firms offeri
ng form
al training %
of firms
India200
66.7 3.1
47.5
0.159.2
9.119.4
6.6 22.5 15.6 15.9
Indonesia200
34 2 18.6
44.2
0.2 44 13.9
3.3 22.1 4.1 23.8
Iran, Islamic Rep.
.. .. .. .. .. .. .. .. .. .. .. ..
Malawi200
65.8 8.9 17.4
35.7
2.355.3
15.8
20.6
22.6 17.2 3.5 51.6
Malaysia200
27.3 5.2 0.3
23.8
1.8 31.4 2.5 42
Mali200
37.5 6.9 8.1
59.6
0.555.1
17.3
16.8
1.7 6.5 8.1 25.5
Mauritania200
65.8 1.9 10.7
82.1
5.682.5
3.2 1.6 5.9 3.9 25.5
Mauritius200
59.6 2.1
17.5
0.126.3
24.8
36.3
2.9 28.4 4.4 62.1
Mexico200
620.5 2.3 11.9 20 3.4
57.7
27.5
2.6 2.4 20.3 5.4 24.6
Moldova200
53.6 2.7 44.7 36 0.1
40.2
17.7
2.7 6.9 2.6 32.5
Mongolia200
46 7.3 0.6
80.4
32.8
1.5 20.5 3.5 46.2
Morocco200
49.2 0.8 4.9 0
10.7
24.7
0.7 22.3 2.2 33.5
Mozambique .. .. .. .. .. .. .. .. .. .. .. ..
Myanmar .. .. .. .. .. .. .. .. .. .. .. ..
Business environment: enterprise surveys
Cont…..
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
CrimeInformality
Gender
Finance
Infrastructure
Innovatio
n
Trade
Workforce
Time dealing
with officials
% of manage
ment time
Average number of
times
managemen
t met with tax officials
Time required to obtain operating
license days
Unofficial
payments to
public
officials % of firm
s
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firms
Firms
with female participation in ownership % of
firms
Firms
using
banks to
finance investment % of firm
s
Value lost due to
electrical
outages %
of Sales
ISO certification
ownership % of firms
Average time to
clear exports
through
customs
days
Firms
offering
formal
training
% of firm
s
Namibia200
62.9 1.6 9.6
11.4
3 45.533.4
8.1 0.7 17.6 1.5 44.5
Nepal .. .. .. .. .. .. .. .. .. .. .. ..
Netherlands .. .. .. .. .. .. .. .. .. .. .. ..
New Zealand .. .. .. .. .. .. .. .. .. .. .. ..
Nicaragua200
69.3 2.5 19.7
16.8
3.8 60.441.4
13 8.7 18.7 5 28.9
Niger200
611.5 4.3 10.9
69.7
6.1 29.7 10 14.4 2.5 4.8 7.4 34.4
Nigeria .. .. .. .. .. .. .. .. .. .. .. ..
Norway .. .. .. .. .. .. .. .. .. .. .. ..
Oman .. 5.2 11.833.2
42.5 6.5 4.2 10.8 4.2 20.9
Pakistan200
28.7 4.2 35.2 57 0.1 3.6 4.9 17 9.7 11.1
Panama200
610.3 2.7 41.2
24.2
2.7 54.237.1
19.2 2.4 14.7 5.7 43.9
Papua New Guinea .. .. .. .. .. .. .. .. .. .. .. ..
Paraguay200
67.9 2.2 37.8 68 3.1 42.8
44.8
8 2.5 7.1 5.5 46.9
Peru200
613.5 2.5 81.1 9.2 2.4 27.2
32.8
30.8 3.2 14.6 5.6 57.7
Cont…..
Business environment: enterprise surveys
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
CrimeInformality
Gender
Finance
Infrastructure
Innovation
Trade
Workforce
Time dealing
with officials
% of manage
ment time
Average
number of
times
managemen
t met with tax officials
Time required to obtain operating
license days
Unofficial
payments to
public officials % of
firms
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not
report all sales for tax
purposes % of firm
s
Firms with
female participation in ownership % of
firms
Firms
using
banks to
finance investment % of firm
s
Value lost
due to electri
cal outages % of Sales
ISO certificatio
n ownership % of firms
Average time to
clear exports
through customs days
Firms offeri
ng form
al training %
of firms
Philippines 2003 6.9 3.9 2544.7
0.9 57.9 5.5 5.915.8
6.6 21.7
Poland 2005 3 2.7 16.523.7
0.4 43.933.6
20.7
1.613.9
3.3 48.4
Portugal .. .. .. .. .. .. .. .. .. .. .. ..
Puerto Rico .. .. .. .. .. .. .. .. .. .. .. ..
Romania 2005 1.1 1.8 33.1
0.2 26.927.7
23.2
2.116.8
2.4 32.7
Russian Federation
2005 6.3 2.5 59.9
0.5 40.328.6
10.2
2 9.3 8.2 37.3
Rwanda 2006 5.9 4 6.5 20 7.1 28.9 4115.9
8.710.8
6.7 27.6
Saudi Arabia .. .. .. .. .. .. .. .. .. .. .. ..
Senegal 2003 6.7 30.525.3
0.6 26.3
4.3 6.1 6.6 32.7
Serbia and Montenegro
2005 8.1 4.1 31.8
0.6 33.3 2516.7
2.411.7
3.2 47.5
Sierra Leone .. .. .. .. .. .. .. .. .. .. .. ..
Singapore .. .. .. .. .. .. .. .. .. .. .. ..
Slovak Rep. 2005 3 1.8 34.3
0.4 2218.2
13.2
1.2 10 5.8 79.4
Business environment: enterprise surveys
Cont…..
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
CrimeInformality
Gender
Finance
Infrastructure
Innovatio
n
Trade
Workforce
Time dealing
with officials
% of manage
ment time
Average number of
times
managemen
t met with tax officials
Time required to obtain operating
license days
Unofficial
payments to
public
officials %
of firms
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms
that do not report all
sales
for tax purposes % of
firms
Firms with female
participation in ownership % of firms
Firms
using
banks to
finance investment % of firm
s
Value lost due to
electrical
outages %
of Sales
ISO certification
ownership % of firms
Average time to
clear exports
through customs days
Firms
offering
formal
training
% of firm
s
Slovenia200
53.7 1.4 11.2 0.2
35.6
34.5
29.6
1.1 20.2 2.969.9
Somalia .. .. .. .. .. .. .. .. .. .. .. ..
South Africa200
39.2 3.3 6.4 2.1 0.5
15.9
24.2
0.4 42.4 4.5 64
Spain .. .. .. .. .. .. .. .. .. .. .. ..
Sri Lanka200
43.5 5.1 49.5 16.3 0.5
42.2
16.2
7.632.6
Sudan .. .. .. .. .. .. .. .. .. .. .. ..
Swaziland200
64.4 1.9 24 40.6 3.4
74.6
28.6
7.7 2.5 22.1 4 51
Sweden .. .. .. .. .. .. .. .. .. .. .. ..
Switzerland .. .. .. .. .. .. .. .. .. .. .. ..
Syrian Arab Republic
2003
10.3 6 79.9
2.9 8.6 7.4 6.3 21
Tajikistan200
53.3 3 15.3 45.7 0.3
34.5
21.8
1 7.3 6.5 5.430.9
Business environment: enterprise surveys
Cont…..
CountriesSurve
y year
Regulations and tax
Permits and licenses
Corruption
Crime
Informality
Gender
Finance
Infrastructure
Innovation
Trade
Workforce
Time dealing
with officials
% of management time
Average
number of
times
managemen
t met with
tax officials
Time required to obtain operating license
days
Unofficial payments to publi
c officials
% of firm
s
Losses due
to theft, robbe
ry, vandalism and
arson % of Sales
Firms that
do not report all sales for tax purposes % of firms
Firms with
female participation
in ownership %
of firms
Firms using banks
to financ
e investment % of firms
Value lost due to
electrical
outages %
of Sales
ISO certificatio
n ownership % of firms
Average time to
clear exports
through
customs
days
Firms offerin
g formal training %
of firms
Tanzania 2006 4 3.3 15.9 49.1 3.9 71 30.9 6.8 9.6 14.7 5.7 36.5
Thailand 2004 1.3 1.7 37.1 0.1 74.7 1.4 44.6 1.4 76.3
Timor-Leste .. .. .. .. .. .. .. .. .. .. .. ..
Togo .. .. .. .. .. .. .. .. .. .. .. ..
Trinidad and Tobago
.. .. .. .. .. .. .. .. .. .. .. ..
Tunisia .. .. .. .. .. .. .. .. .. .. .. ..
Turkey 2005 10.8 2.2 45.7 0.263.1
8.9 7.5 2.2 12.6 4.5 25.5
Turkmenistan .. .. .. .. .. .. .. .. .. .. .. ..
Uganda 2006 5.2 2.9 9.3 50.6 4.174.5
34.7 7.7 10.2 15.5 4.7 35
Ukraine 2005 8.1 4.7 48 0.424.4
34.9 14.7 2.7 10.8 4.7 44
United Arab Emirates
.. .. .. .. .. .. .. .. .. .. .. ..
Business environment: enterprise surveys
Cont…..
CountriesSurvey
year
Regulations and tax
Permits and licenses
Corruption
Crime
Informality
Gender
Finance
Infrastructure
Innovatio
nTrade
Workforce
Time dealing with officials % of management time
Average
number of
times management met
with
tax officials
Time require
d to obtain operati
ng license days
Unofficial
payments to public officials % of firms
Losses
due to
theft,
robbery, vandalism and arson % of
Sales
Firms that do
not report
all sales
for tax purposes % of firms
Firms with
female
participation
in ownership %
of firms
Firms using banks
to financ
e investment % of firms
Value lost
due to electri
cal outages %
of Sales
ISO certification
ownership % of firms
Average
time to
clear export
s throu
gh custo
ms days
Firms offerin
g formal training % of firms
U.K. .. .. .. .. .. .. .. .. .. .. .. ..
United States .. .. .. .. .. .. .. .. .. .. .. ..
Uruguay 2006 7 2.2 133.8 7.1 2.1 45.5 41.6 6.8 0.9 6.8 2.8 24.6
Uzbekistan 2005 2.5 3.5 36.8 0.1 14.6 17.2 3.3 2.7 8.7 5.1 16.2
Venezuela, RB
2006 33.6 3.4 41.6 6.8 35.7 4.4 12.5 41.1 42.3
Vietnam 2005 3.1 2.2 67.2 0.1 70.3 27.4 29.2 11.4 4.9 44
West Bank and Gaza
2006 5.7 5.2 21.3 5.2 7.5 25.7 18 4.2 4.6 18.2 6 26.5
Yemen, Rep. .. .. .. .. .. .. .. .. .. .. .. ..
Zambia 2002 13 2.9 44.4 2.8 53.5 17.4 3.8 5.8 2.3 34.2
Zimbabwe .. .. .. .. .. .. .. .. .. .. .. ..
Source: World Bank
Business environment: enterprise surveys
Countries
Starting a business Registering
propertyDealing with
licensesEmploying workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures
(June
2007)
Time
Require
d day
s (Jun
e 2007)
Cost % of per
capita
income
(June 2007)
Number of
procedures
(June
2007)
Time
require
d day
s (Jun
e 2007)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a wareho
use days (June 2007)
Rigidity of employment index 0-100 (least to most
rigid) (June 2007)
Number of
procedures
(June
2007)
Time
require
d day
s (Jun
e 2007)
Disclosure index
0-10 (least to
most disclosure) (June 2007)
Time to resolve insolvency years
(June 2007)
Afghanistan
4 9 84.6 9 250 13 340 23 471,64
20 ..
Albania 10 36 20.9 7 47 24 331 35 39 390 0 ..
Algeria 14 24 13.2 14 51 22 240 48 47 630 6 2.5
Angola 12 119 343.7 7 334 14 337 69 461,01
15 6.2
Argentina 14 31 9.7 5 65 28 338 41 36 590 6 2.8
Armenia 9 18 4.8 3 4 19 116 31 50 285 5 1.9
Australia 2 2 0.8 5 5 16 221 3 28 262 8 1
Austria 8 28 5.4 3 32 13 194 37 26 397 3 1.1
Azerbaijan 13 30 6.9 7 61 31 207 38 39 267 4 2.7
Bangladesh
8 74 46.2 8 425 14 252 35 411,44
26 4
Belarus 10 48 8.8 7 231 17 350 27 28 225 5 5.8
Business environment: Doing Business indicators
Cont…..
Cont…..
Countries
Starting a business Registering property
Dealing with licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures (June 2007)
Time Required days (June 2007
)
Cost % of per capita income (June 2007)
Number of
procedures
(June 2007)
Time required
days (June 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index
0-100 (least to
most rigid) (June 2007)
Number of
procedures
(June 2007)
Time required
days (June 2007
)
Disclosure
index 0-10
(least to most disclos
ure) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Belgium 3 4 5.3 7 132 14 169 20 27 505 8 0.9
Benin 7 31 195 3 118 15 332 40 42 720 6 4
Bolivia 15 50 134.1 7 92 17 249 79 37 591 1 1.8
Bosnia & Herz.
12 54 30.1 7 331 16 467 46 38 595 3 3.3
Botswana 11 108 9.9 4 30 24 167 20 29 987 8 1.7
Brazil 18 152 10.4 14 45 18 411 46 45 616 6 4
Bulgaria 9 32 8.4 9 19 22 131 29 40 564 10 3.3
Burkina Faso
6 18 82.1 8 182 32 226 61 37 446 6 4
Burundi 11 43 251 5 94 20 384 41 44 558 4 ..
Cambodia 10 86 190.3 7 56 23 709 45 44 401 5 ..
Cameroon 13 37 129.2 5 93 15 426 46 43 800 6 3.2
Canada 2 3 0.9 6 17 14 75 4 36 570 8 0.8
Cen. A.Rep 10 14 205.4 3 69 21 239 61 43 660 6 4.8
Chad 19 75 188.8 6 44 9 181 46 41 743 6 ..
Business environment: Doing Business indicators
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a business
Number of
procedures (June 2007)
Time
Require
d days (Jun
e 2007)
Cost % of per capita
income (Jun
e 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Number of procedures
to build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index 0-100 (least
to most rigid) (June 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Disclosure
index 0-10
(least to most disclosu
re) (June 2007)
Time to resolve
insolvency years (June 2007)
Chile 9 27 8.6 6 31 18 155 24 36 480 7 4.5
China 13 35 8.4 4 29 37 336 24 35 406 10 1.7
H.K., China
5 11 3.1 5 54 23 155 0 24 211 10 1.1
Colombia 11 42 19.3 9 23 14 146 27 341,34
68 3
Congo, Dem.
13 155487.
28 57 14 322 74 43 685 3 5.2
Congo, Rep.
10 37150.
17 137 14 169 69 44 560 6 3
Costa Rica
12 77 21.3 6 21 23 178 32 40 877 2 3.5
Cote d'ivoire
10 40135.
87 62 21 628 38 33 770 6 2.2
Croatia 8 40 11.7 5 174 22 255 50 38 561 1 3.1
Cuba .. .. .. .. .. .. .. .. .. .. .. ..
Czech Rep.
10 17 10.6 4 123 36 180 31 27 820 2 6.5
Denmark 4 6 0 6 42 6 69 10 34 380 7 1.1
Dom. Rep.
9 22 31.1 7 60 17 214 32 34 460 5 3.5
Ecuador 14 65 29.2 10 17 19 148 51 39 498 1 5.3
Cont…..
Business environment: Doing Business indicators
Countries
Starting a business Registering property
Dealing with licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a business
Number of
procedures (June 2007)
Time
Require
d day
s (Jun
e 2007)
Cost % of per capita income (June 2007)
Number of
procedures
(June
2007)
Time required day
s (June 2007)
Number of procedures
to build
a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index 0-100 (least
to most rigid) (June 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Disclosure
index 0-10
(least to most disclosu
re) (June 2007)
Time to resolve
insolvency years (June 2007)
Egypt 7 9 28.6 7193
28 249 27 421,01
07 4.2
EI Salvador
9 26 73.1 5 31 34 155 24 30 786 5 4
Eritrea 13 84 125.8 12101
.. .. 20 39 405 4 ..
Estonia 5 7 2 3 51 13 117 58 36 425 8 3
Ethiopia 7 16 41.3 13 43 12 128 34 39 690 4 3
Finland 3 14 1 3 14 18 38 48 33 235 6 0.9
France 5 7 1.1 9123
13 137 56 30 331 10 1.9
Gabon 9 58 164 8 60 14 210 59 381,07
06 5
Gambia 9 32 279 5371
17 146 23 32 434 2 3
Georgia 5 11 9.5 5 5 12 113 7 36 285 8 3.3
Germany 9 18 5.7 4 40 12 100 44 33 394 5 1.2
Ghana 11 42 41.4 5 34 18 220 37 36 487 7 1.9
Greece 15 38 23.3 12 23 15 169 55 39 819 1 2
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures (June 2007)
Time Required
days (June 2007)
Cost % of per capita income (June 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index
0-100 (least to
most rigid) (June 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Disclosure
index 0-10
(least to most disclosu
re) (June 2007)
Time to
resolve
insolvency
years (June 2007)
Guatemala
11 26 47.3 5 30 22 235 28 281,45
93 3
Guinea 13 41 138.3 6 104 32 255 41 50 276 6 3.8
Guinea-Biss.
17 233 255.5 9 211 15 167 66 411,14
06
Haiti 12 202 133.9 5 405 11 1,179 21 35 508 2 5.7
Honduras 13 21 59.9 7 24 17 125 43 45 480 1 3.8
Hungary 6 16 17.7 4 63 31 211 30 33 335 2 2
India 13 33 74.6 6 62 20 224 30 461,42
07 10
Indonesia 12 105 80 7 42 19 196 44 39 570 9 5.5
Iran 8 47 5.3 9 36 19 670 40 39 520 5 4.5
Iraq 11 77 93.5 5 8 14 215 38 51 520 4 ..
Ireland 4 13 0.3 5 38 11 185 17 20 515 10 0.4
Israel 5 34 4.4 7 144 20 235 24 35 890 7 4
Italy 9 13 18.7 8 27 14 257 38 411,21
07 1.8
Jamaica 6 8 8.7 5 54 10 236 4 34 565 4 1.1Cont…..
Business environment: Doing Business indicators
Countries
Starting a business Registering
propertyDealing with
licensesEmploying workers
Enforcing contracts
Protecting
Investors
Closing a business
Number of
procedures (June 2007)
Time Required
days (June 2007)
Cost % of per
capita
income
(June 2007
)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of
procedures to build a warehouse (June 2007)
Time required to
build a warehouse days (June 2007)
Rigidity of employment index
0-100 (least to
most rigid) (June 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Disclosure index
0-10 (least to
most disclosure) (June 2007)
Time to
resolve
insolvenc
y year
s (Jun
e 2007
)
Japan 8 23 7.5 6 14 15 177 17 30 316 7 0.6
Jordan 10 14 66.2 8 22 18 122 30 39 689 5 4.3
Kazakhstan
8 21 7.6 8 52 38 231 20 38 230 7 3.3
Kenya 12 44 46.1 8 64 10 100 21 44 465 3 4.5
Korea, D.R.
.. .. .. .. .. .. .. .. .. .. .. ..
Korea, Rep.
10 17 16.9 7 11 13 34 37 35 230 7 1.5
Kuwait 13 35 1.6 8 55 25 104 13 50 566 7 4.2
Kyrg Rep. 8 21 8.8 4 4 20 291 38 39 177 8 4
Lao PDR 8 103 16.5 9 135 24 172 37 42 443 0 3
Latvia 5 16 3 8 54 26 188 43 27 279 5 4
Lebanon 6 46 94.1 8 25 20 211 25 37 721 9 2.6
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting Investors
Closing a
business
Number of
procedures (June 2007)
Time Required
days (June 2007
)
Cost % of per capita
income (Jun
e 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index
0-100 (least to
most rigid) (June 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Disclosure index 0-10
(least to
most disclosure) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Lesotho 8 73 37.4 6 101 15 601 24 41 695 2 3
Liberia 12 99493.
313 50 25 398 31 41
1,280
4 1.7
Libya .. .. .. .. .. .. .. .. .. .. .. ..
Lithuania 7 26 3 3 .. 17 156 48 30 210 5 3.7
Macedonia 9 15 6.6 6 3 19 192 50 39 385 5 2.6
Madagascar
5 7 22.7 8 98 16 268 63 38 871 5 2.3
Malawi 10 37188.
76 134 21 213 25 42 432 4 3.6
Malaysia 9 24 18.1 5 88 25 285 10 30 600 10 8
Mali 11 26132.
15 144 14 208 38 39 860 6 1.7
Mauritania 11 65 56.2 4 29 25 201 45 46 400 5 1.8
Mauritius 6 7 5.3 6 49 18 107 23 37 750 6 2.8
Mexico 8 27 13.3 5 210 11 131 48 38 415 8 4
Moldova 9 23 11.5 6 74 30 292 38 31 365 7 1.8
Mongolia 8 20 4.3 5 48 21 126 34 32 314 5 5
Cont…..
Business environment: Doing Business indicators
Countries
Starting a business Registering
propertyDealing with
licenses
Employing workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures
(June 2007)
Time Required
days (June 2007)
Cost % of per
capita
income
(June 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of procedures
to build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of employme
nt index 0-100 (least
to most rigid) (June 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Disclosure index
0-10 (least to
most disclosu
re) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Morocco 6 12 11.5 8 11 19 163 63 40 615 6 1.5
Mozambique
10 29 21.6 8 47 17 361 54 311,01
05 5
Myanmar .. .. .. .. .. .. .. .. .. .. .. ..
Namibia 10 99 22.3 9 23 12 139 20 33 270 5 1.5
Nepal 7 31 73.9 3 5 15 424 52 39 735 6 5
Netherlands 6 10 6 2 5 18 230 42 25 514 4 1.1
N. Zealand 2 12 0.1 2 2 7 65 7 30 216 10 1.3
Nicaragua 6 39 119.1 8 124 17 219 27 35 540 4 2.2
Niger 11 23 174.8 5 32 16 293 70 39 545 6 5
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures (June 2007)
Time Required days (June 2007)
Cost % of per capita
income (Jun
e 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index 0-100 (least
to most rigid) (June 2007)
Number of
procedures (June 2007)
Time
require
d day
s (Jun
e 2007)
Disclosure index
0-10 (least to
most disclosu
re) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Nigeria 9 34 56.6 14 82 18 350 7 39 457 5 2
Norway 6 10 2.3 1 3 14 252 47 33 310 7 0.9
Oman 9 34 4.3 2 16 16 242 24 51 598 8 4
Pakistan 11 24 14 6 50 12 223 43 47 880 6 2.8
Panama 7 19 22 7 44 25 149 69 31 686 1 2.5
Papua N. G.
8 56 26.4 4 72 24 217 10 43 591 5 3
Paraguay 7 35 77.6 6 46 13 291 59 38 591 6 3.9
Peru 10 72 29.9 5 33 21 210 55 41 468 8 3.1
Philippines 15 58 26.8 8 33 21 177 35 37 842 1 5.7
Poland 10 31 21.2 6 197 30 308 37 38 830 7 3
Portugal 7 7 3.4 5 42 20 327 48 35 577 6 2
Puerto Rico 7 7 0.8 8 194 22 209 21 41 620 7 3.8
Romania 6 14 4.7 8 150 17 243 66 32 537 9 3.3
Russian Fed.
8 29 3.7 6 52 54 704 44 37 281 6 3.8Cont…..
Business environment: Doing Business indicators
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a business
Number of
procedures
(June 2007)
Time Require
d days (Jun
e 2007
)
Cost % of per capita
income (Jun
e 2007)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Number of
procedures to build a wareho
use (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index 0-100 (least
to most rigid) (June 2007)
Number of
procedures (June 2007)
Time
require
d day
s (Jun
e 2007)
Disclosure index
0-10 (least to
most disclosu
re) (June 2007)
Time to resolve insolvency years
(June 2007)
Rwanda 9 16171.
55 371 16 227 42 24 310 2 2.8
Saudi Arabia
7 15 32.3 4 4 18 125 13 44 635 7 3
Senegal 10 58 107 6 114 14 217 61 44 780 6 2.7
Serbia 11 23 8.9 6 111 20 204 46 36 635 7 2.6
Sierra Leone
9 261,075.20
8 235 47 235 51 40 515 3 0.8
Singapore 5 5 0.8 3 9 11 102 0 22 120 10 4
Slovak Rep.
9 25 4.2 3 17 13 287 36 30 565 3 2
Slovenia 9 60 8.5 6 391 15 208 63 321,35
03 2
Somalia .. .. .. .. .. .. .. .. .. .. .. ..
South Africa
8 31 7.1 6 24 17 174 42 30 600 8 2
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures (June 2007)
Time Required days (June 2007)
Cost % of per capita income (June 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Number of
procedures to build a wareho
use (June 2007)
Time require
d to build a wareho
use days (June 2007)
Rigidity of
employment
index 0-100
(least to most rigid) (June 2007)
Number of
procedures (June 2007)
Time requir
ed days (June 2007)
Disclosure index
0-10 (least to
most disclosure) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Spain 10 47 15.1 4 18 11 233 56 39 515 5 1
Sri Lanka 5 39 8.5 8 83 22 214 27 40 1,318 4 1.7
Sudan 10 39 57.9 6 9 19 271 36 53 810 0
Swaziland 13 61 38.7 11 46 13 93 17 40 972 0 2
Sweden 3 15 0.6 1 2 8 116 39 30 508 6 2
Switzerland
6 20 2.1 4 16 14 154 17 32 417 0 3
Syrian Arab Rep.
13 43 55.7 4 34 21 128 37 55 872 6 4.1
Spain 10 47 15.1 4 18 11 233 56 39 515 5 1
Tajikistan 13 49 39.6 6 37 32 191 51 34 295 0 3
Tanzania 12 29 47.1 10 119 21 308 63 38 462 3 3
Thailand 8 33 5.6 2 2 11 156 18 35 479 10 2.7
Timor-Leste
9 82 11.9 22 208 34 51 1,800 3
Togo 13 53 245.7 5 295 15 277 54 41 588 6 3
Trinidad and Tobago
9 43 0.9 8 162 20 261 7 42 1,340 4
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a business
Number of
procedures (June 2007)
Time Required days (June 2007
)
Cost % of per
capita
income
(June 2007
)
Number of
procedures (June 2007)
Time required days (Jun
e 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index 0-100 (least
to most rigid) (June 2007)
Number of procedures (June 2007)
Time required
days (June 2007
)
Disclosure index
0-10 (least
to most disclosu
re) (June 2007)
Time to resolve
insolvency years (June 2007)
Tunisia 10 11 8.3 5 49 20 93 49 39 565 0 1.3
Turkey 6 6 20.7 6 6 25 188 42 36 420 8 3.3
Turkmenistan
.. .. .. .. .. .. .. .. .. .. .. ..
Uganda 18 28 92 13 227 16 143 3 38 535 2 2.2
Ukraine 10 27 7.8 10 93 29 429 45 30 354 1 2.9
United Arab Emirates
11 62 36.9 3 6 21 125 20 50 607 4 5.1
United Kingdom
6 13 0.8 2 21 19 144 7 30 404 10 1
United States
6 6 0.7 4 12 19 40 0 32 300 7 1.5
Uruguay 11 44 46 8 66 30 234 31 40 720 3 2.1
Uzbekistan 7 15 14.2 12 78 26 260 34 42 195 4 4
Venezuela, RB
16 141 28.2 8 47 11 395 79 29 510 3 4
Business environment: Doing Business indicators
Cont…..
Countries
Starting a business Registering
propertyDealing with
licenses
Employing
workers
Enforcing contracts
Protecting
Investors
Closing a
business
Number of
procedures (June 2007)
Time Required days (June 2007
)
Cost % of per
capita
income
(June 2007
)
Number of
procedures
(June 2007)
Time required
days (June 2007
)
Number of
procedures to
build a warehouse (June 2007)
Time required to build
a warehouse days (June 2007)
Rigidity of
employment index
0-100 (least to
most rigid) (June 2007)
Number of
procedures (June 2007)
Time required
days (June 2007
)
Disclosure index
0-10 (least
to most disclosu
re) (June 2007)
Time to resolve insolve
ncy years (June 2007)
Vietnam 11 50 20 4 67 13 194 27 34 295 6 5
West Bank and Gaza
12 92280.
410 72 21 199 31 44 700 6
Yemen, Rep. 12 63178.
86 21 13 107 33 37 520 6 3
Zambia 6 33 30.5 6 70 17 254 34 35 471 3 2.7
Zimbabwe 10 96 21.3 4 30 19 952 33 38 410 8 3.3
Source: World Bank
Business environment: Doing Business indicators
CONCLUSION
• Basic aspects of SMEs Development Strategies:
– Determining the desirable outcome and level of SMEs development.
– SMEs should promote collaborations, regional cooperation, joint ventures and integrations between the various geographical regions of Muslim World. They must not lead the segmentation or isolation of Muslim societies.
– SMEs must not compete with the MNCs and transnational corporations. The importance of transnational and big corporations should not be undermined. They are important inseparable requirement of the R & D activities, innovations, inventions, technological advancement and macroeconomic development. SMEs should work as corresponding part of the big corporations and as engine of growth.
Private sector in the economy
Investment commitments in Infrastructure
projects with private participation"
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99
2000-06
1995-99
2000-06
1995-99
2000-06
1995-99
2000-06
Afghanistan .. 747.5 .. 1.6 .. .. .. ..
Albania .. 569.2 0 789.00 .. 308 .. 8
Algeria ..4,124.5
0..
2,720.00
.. 120.9 .. 510
Angola .. 528.7 .. 54.4 .. 55 .. ..
Argentina10,498.
606,859.8
012,931.
905,642.1
06,892.1
0522.2
3,307.10
791.6
Armenia1,680.5
0317.1 0 67 .. 63 .. 0
Australia .. .. .. .. .. .. .. ..
Austria .. .. .. .. .. .. .. ..
Azerbaijan 122 769.2 .. 375.2 .. .. .. 0
Bangladesh 438.12,187.3
0554.9 501.5 0 0 .. ..
Belarus 20 955.8 500 .. .. .. .. ..
Belgium .. .. .. .. .. .. .. ..
Benin .. 133.9 .. 590 .. .. .. ..
Bolivia 528 594.32,777.3
0934.3 168.7 16.6 682 ..
Bosnia and Herzegovina
0 860.5 .. 277.9 .. .. .. ..
Botswana 97 122 .. .. .. .. .. ..
Brazil45,135.
2046,959.
3034,196.
8029,351.
3017,195.
004,060.
702,137.0
01,215.3
0
Bulgaria 202.52,641.1
0..
3,566.10
.. 533.7 .. 152
Cont…..
(Appendix-I)
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-992000-
061995-
992000-
061995-
992000-
061995-99
2000-06
Burkina Faso .. 331.9 5.6 .. 63.3 .. .. ..
Burundi .. 53.6 .. .. .. .. .. ..
Cambodia 102.4 198.1 143 88.1 120 325.3 .. ..
Cameroon 12.7 457.4 .. 531.8 90 0 .. ..
Canada .. .. .. .. .. .. .. ..
Central African Republic
1.1 0 .. .. .. .. .. ..
Chad 2 37.4 .. 0 .. .. .. ..
Chile 3,489.001,485.6
06,808.6
01,525.1
03,104.1
04,936.2
04,190.30
1,495.20
China 5,970.008,548.0
017,166.
6010,847.
0010,852.
5020,347.
40985.9
4,300.40
HongKong, China .. .. .. .. .. .. .. ..
Colombia 1,384.303,012.0
06,964.8
0695 995.5
1,919.80
233 619.3
Congo, Dem. Rep. 68 547.4 .. .. 0 .. .. ..
Congo, Rep. 12.2 71.8 325 .. .. .. .. 0
Costa Rica .. .. 301.2 160 .. 508.2 .. ..
Cote d'ivoire 752.3 147.9 260.6 0 241.3 140 .. ..
Croatia 9781,602.1
0368.5 7.1 672.2 451 .. 298.7
Cuba .. 60 165 .. .. 0 .. 600
Czech Republic 6,178.508,996.0
0944.1
3,865.30
283.7 106.7 135.5 263.7
Denmark .. .. .. .. .. .. .. ..
DominicanRepublic 163 424 9791,306.6
0..
1,148.90
.. ..
Ecuador 696.4 588.6 30 431 686.81,651.0
0.. 500
Egypt, Arab Rep. 1,914.507,222.9
0700 678 123.9 821.5 .. ..
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-992000-
061995-
992000-
061995-
992000-
061995-99
2000-06
EI Salvador 610.5 1,282.10 900.2 85 .. .. .. ..
Eritrea .. 40 .. .. .. .. .. ..
Estonia] 628.2 467.1 26.5 .. 1 298.4 .. 115
Ethiopia .. .. .. .. .. .. .. ..
Finland .. .. .. .. .. .. .. ..
France .. .. .. .. .. .. .. ..
Gabon 8.4 26.6 294 0 46.7 177.4 .. ..
Gambia,The .. 6.6 .. 0 .. .. .. ..
Georgia 61 493.8 159 134.5 .. 168.5 .. ..
Germany .. .. .. .. .. .. .. ..
Ghana 491.1 371.5 376 590 .. 10 .. 0
Greece .. .. .. .. .. .. .. ..
Guatemala 1,366.30 836.11,223.2
0110 33.8 .. .. ..
Guinea 120.3 98.6 36.4 .. .. .. 0 ..
Guinea-Bissau .. 6.9 .. .. .. .. .. ..
Haiti 1.5 148 4.7 5.5 .. .. .. ..
Honduras 51.3 224.2 112.1 358.8 10.5 120 .. 207.9
Hungary 6,430.20 5,798.103,812.1
02,090.6
0135
3,297.50
205.8 0
India 7,456.8027,912.6
07,182.7
011,572.
201,275.1
011,365.
70.. 2.1
Indonesia 8,852.50 8,108,19,942.1
02,485,7
1,530.80
2,400,7 955.2 36.7
Iran, Islamic Rep. 28 695 .. 650 .. .. .. ..
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99 2000-061995-
992000-
061995-
992000-
061995-99
2000-06
Iraq .. 1,074.00 .. .. .. .. .. ..
Ireland .. .. .. .. .. .. .. ..
Israel .. .. .. .. .. .. .. ..
Italy .. .. .. .. .. .. .. ..
Jamaica 235.5 701 43 279 0 565 .. ..
Japan .. .. .. .. .. ..
Jordan 39.9 1,952.60 .. 182 0 0 169
Kazakhstan 1,633.50 1,788.901,825.0
0300 .. .. .. 100
Kenya 193 2,053.00 189 116.7 53.4 404 .. ..
Korea, Dem. Rep. .. .. .. .. .. .. ..
Korea, Rep. .. .. .. .. .. .. ..
Kuwait .. .. .. .. .. .. ..
Kyrgyz Republic 100 47.4 .. .. .. .. ..
Lao PDR 157.1 97.7 535.52,050.0
00 0 .. ..
Latvia 600.9 817.4 106 71.1 75 135 .. ..
Lebanon 485.7 138.1 .. .. 153 .. 0
Lesotho 15.7 93.9 .. 0 .. .. .. ..
Liberia .. 80.8 .. .. .. .. ..
Libya .. .. .. .. .. .. ..
Lithuania 832.7 1,112.00 10 399.3 .. .. .. ..
Macedonia, FYR .. 808.6 .. 391 .. .. .. ..
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99 2000-061995-
992000-
061995-
992000-
061995-99
2000-06
Madagascar 30 12.6 .. 0 .. 48.5 .. ..
Malawi 23.1 66.8 .. 0 6 .. .. ..
Malaysia 4,187.60 3,770.801,610.2
06,840.6
08,200.1
04,992.4
010
6,502.20
Mali .. 82.6 .. 365.9 .. 55.4 .. ..
Mauritania .. 92.1 .. .. .. .. ..
Mauritius .. 393 109.3 0 42.6 .. .. ..
Mexico10,757.5
020,763.4
02,095.8
06,795.3
04,706.1
05,388.4
0276.5 548.7
Moldova 84.6 80.1 60 25.3 .. 0 .. ..
Mongolia 21.9 22.1 .. .. .. .. ..
Morocco 1,240.00 6,715.105,978.0
01,049.0
0.. 340 1,000.00 ..
Mozambique 29 138.6 ..1,205.8
0441 334.6 25.5 ..
Myanmar 4 .. 394 50 .. .. ..
Namibia 55.2 35 4 1 .. .. .. 0
Nepal .. 97.3 98.2 39 .. .. .. ..
Netherlands .. .. .. .. .. .. ..
New Zealand .. .. .. .. .. .. ..
Nicaragua 24.5 294.3 232.4 126.3 .. 104 .. ..
Niger .. 85.5 .. .. .. .. 3.4
Nigeria 69 9,485.80 ..1,920.0
0..
2,617.60
.. ..
Norway .. .. .. .. .. .. ..
Oman .. 1,047.00 1831,364.3
077.5 473.8 .. 0
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99 2000-061995-
992000-
061995-
992000-
061995-99
2000-06
Pakistan 75.5 9,068.004,298.3
0800.7 421.3 322 .. ..
Panama 1,429.20 307.9 669.2 455.5 994.6 51.4 25 ..
Papua New Guinea .. .. 65 .. .. 71 ..
Paraguay 259.3 365.5 .. 58 .. .. ..
Peru 4,774.50 2,643.203,004.9
02,511.2
086.3
1,537.50
.. 152
Philippines 5,358.30 5,235.306,998.0
04,275.2
01,364.0
01,260.5
07,567.20 503.9
Poland 6,403.1018,179.1
0628.1
2,352.70
169.41,672.0
06.1 64.3
Portugal .. .. .. .. .. .. ..
Puerto Rico .. .. .. .. .. .. ..
Romania 2,072.80 4,179.90 1002,065.6
023.4 .. ..
1,116.00
Russian Federation 5,643.1027,700.4
02,281.3
01,726.0
0406 253.4 108 938.5
Rwanda 8 82.3 .. 1.6 .. .. .. ..
Saudi Arabia .. .. .. .. .. .. .. ..
Senegal 273.9 805.1 124 93.3 .. 55.4 20 0
Serbia and Montenegro 1,590.00 3,197.00 .. .. .. .. .. 0
Sierra Leone 7 88.8 .. .. .. .. .. ..
Singapore .. .. .. .. .. .. .. ..
Slovak Republic 488.5 2,993.90 ..4,459.6
0.. 42 0 13.6
Slovenia .. .. .. .. .. .. .. ..
Somalia 0 13.4 .. .. .. .. .. ..
South Africa 2,975.30 6,856.50 31,261.2
01,386.4
03,987.7
056.9 31.3
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99 2000-061995-
992000-
061995-
992000-
061995-99
2000-06
Spain .. .. .. .. .. .. .. ..
Sri Lanka 601.9 938.2 192.3 270.8 240 .. .. ..
Sudan 18.3 1,454.00 .. .. .. 30 .. ..
Swaziland 21.2 27.7 .. .. .. .. .. ..
Sweden .. .. .. .. .. .. .. ..
Switzerland .. 628 .. .. .. .. .. ..
Syrian Arab Republic .. 8.5 .. .. .. 37 .. ..
Tajikistan 1.2 585.3 .. 16 .. .. .. ..
Tanzania 100.2 6,732.70 150 376.4 16.5 27.7 .. 8.5
Thailand 2,735.20 06,550.4
04,693.3
02,001.1
0939 246.3 306.5
Timor-Leste .. 0 .. .. .. .. .. ..
Togo 5 0 0 657.7 0 .. .. ..
Trinidad and Tobago 146.7 190 207 39 .. .. 0 120
Tunisia .. 3,094.00 265 30 .. .. .. ..
Turkey 3,269.7014,780.3
02,992.2
06,084.5
0610
4,160.60
942 ..
Cont…..
Countries
$ millions
Telecommunications
Energy TransportWater and sanitation
1995-99 2000-061995-
992000-
061995-
992000-
061995-99
2000-06
Turkmenistan .. 36.3 .. .. .. .. ..
Uganda 119.3 387.6 .. 125.7 .. 404 0 0
Ukraine 1,094.60 4,028.10 .. 160 .. .. .. ..
United Arab Emirates .. .. .. .. .. .. .. ..
United Kingdom .. .. .. .. .. .. .. ..
United States .. .. .. .. .. .. .. ..
Uruguay 63.7 144.2 86 330 20 251.1 .. 368
Uzbekistan 513.8 385.6 .. .. .. .. .. 0
Venezuela, RB 4,877.90 4,428.00 103 39.5 268 34 29 15
Vietnam 256 690 435.52,279.0
085 20 38.8 174
West Bank and Gaza 265 279.8 .. 150 .. .. 0 ..
Yemen, Rep. .. 647.6 .. 15.8 190 .. .. ..
Zambia 64.2 446.3 277 3 .. 15.6 .. 0
Zimbabwe 46 92 600 .. 85 .. .. ..
Source: World Bank
Country RiskOVERALL RESULTS
March
Sept Country
Overall score
Political risk
Economic
performance
Debt indicators
Debt in default
or resched
uled
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008200
7(100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
1 1Luxembourg
99.88 25 25 10 10 10 5 5 5 4.88
2 2 Norway 97.47 24.67 22.93 10 10 10 5 5 5 4.88
3 3 Switzerland 96.21 24.71 21. 63 10 10 10 5 5 5 4.88
4 4 Denmark 93.39 24.54 19.58 10 10 10 5 5 5 4.27
5 5 Sweden 92.96 24.68 18.4 10 10 10 5 5 5 4.88
6 6 Ireland 92.36 24.39 18.09 10 10 10 5 5 5 4.88
7 10 Austria 92.25 24.36 18.01 10 10 10 5 5 5 4.88
8 9 Finland 91.95 24.76 17.32 10 10 10 5 5 5 4.88
9 8 Netherlands 91.95 24.5 17.58 10 10 10 5 5 5 4.88
10 7United States
91.27 23.74 17.53 10 10 10 5 5 5 5
11 11United Kingdom
91.02 24.33 16.82 10 10 10 5 5 5 4.88
12 13 Germany 90.37 24.36 16.13 10 10 10 5 5 5 4.88
13 12 Canada 90.17 24.38 16.06 10 10 10 5 5 5 4.73
14 17 France 89.66 23.91 15.87 10 10 10 5 5 5 4.88
15 15 Australia 89.59 24.17 15.75 10 10 9.79 5 5 5 4.88
16 14 Iceland 89.4 23.3 18.3 10 10 8.33 5 5 5 4.47
17 16 Belgium 89.39 23.51 16.42 10 10 9.58 5 5 5 4.88
18 20 Singapore 87.62 23.69 14.84 10 10 9.84 5 5 4.53 4.73
Cont…..
(Appendix-II)
March
Sept Country
Overall score
Political risk
Economic
performance
Debt indicat
ors
Debt in
default or
rescheduled
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital marke
ts
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
19 19New Zealand
87.13 23.98 13.7 10 10 9.58 5 5 5 4.88
20 18 Japan 87.04 22.3 16.49 10 10 9.17 5 5 4.83 4.27
21 21 Spain 86.39 23.31 14 10 10 10 5 4.81 5 4.27
22 22 Italy 84.25 22.25 14.39 10 10 8.54 5 4.81 5 4.27
23 25Hong Kong
82.6 21.24 14.39 10 10 8.91 5 4.23 4.57 4.27
24 23 Portugal 82.43 22.47 11.32 10 10 8.96 5 4.81 5 4.88
25 26 Slovenia 81.1421. 70
11.92 10 10 8.91 5 4.62 4.37 4.63
26 27 Greece 80.29 21.23 11.67 10 10 7.66 5 5 5 4.73
27 30 Kuwait 78.14 19.33 14.42 10 10 8.28 5 4.23 3.34 3.54
28 32 Malta 77.48 21.07 10.24 10 10 8.13 5 5 5 3.05
29 28 Taiwan 76.39 19.88 11.63 10 10 7.81 5 5 3.54 3.54
30 29 U.A.E. 76.29 19.56 13.31 10 10 8.44 5 2.88 3.56 3.54
31 33 Cyprus 75.85 19.55 11. 78 10 10 8.13 5 4.81 3.14 3.46
32 24 Bermuda 74.26 22.26 5.79 10 10 9.38 5 4.04 4.75 3.05
33 34 Bahamas 74 17.95 12.66 10 10 7.81 5 4.23 3.29 3.05
34 35 Bahrain 72.44 18.21 10.47 10 10 7.03 5 4.23 3.71 3.78
35 31 Qatar 72.37 19.22 8.26 10 10 8.13 5 4.23 4.18 3.35
36 36 S. Arabia 71.18 16.95 10.42 10 10 7.81 5 4.04 3.43 3.54Cont…..
Country Risk: OVERALL RESULTS
Cont…..
Country Risk: OVERALL RESULTS
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicat
ors
Debt in
default or
rescheduled
Credit rating
Access to
bank finance
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
37 39 Israel 71.06 17.33 11.2 10 10 7.5 5 3.85 3.14 3.05
38 37Czech Republic
70.67 20.26 10.76 8.91 10 7.19 0 5 4.28 4.27
39 47 Oman 70.11 18.51 8.98 9.72 10 7.08 5 4.23 3.3 3.29
40 38Korea South
69.87 18.69 11.71 10 10 7.34 0 4.23 4.24 3.66
41 43 Hungary 69.04 18.12 8.68 6.81 10 6.72 4.91 5 4.18 4.63
42 42 Poland 68.32 18.36 9.28 8.34 10 7.03 1.17 5 4.51 4.63
43 44 Chile 67.9 20.96 8.45 8.67 10 7.29 0.76 3.27 3.86 4.63
44 45Slovak Republic
67.37 19.25 9.88 8.59 10 7.19 0.54 3.92 3.98 4.02
45 41 Barbados 67.17 17.18 9.04 10 10 6.56 5 3.46 2.88 3.05
46 40 Brunei 65.29 19.49 9.1 10 10 0 5 5 2.43 4.27
47 52 Lithuania 65.27 17.91 8.78 7.7 10 7.71 2.22 3.92 3.61 3.41
48 53 Botswana 65.22 19.86 7.99 9.83 10 7.5 0 4.04 2.64 3.35
49 49 Malaysia 63.8 19.43 8.33 9.38 10 6.25 0.33 2.88 3.9 3.29
50 46 Estonia 63.58 18.36 9.33 7.91 10 7.08 0 3.96 3.4 3.54
51 50 Mexico 63.52 17.56 7.56 8.95 10 6.25 0.18 4.04 4.33 4.63
52 51Trinidad & Tobago
63.29 16.71 10.77 9.68 10 6.88 0 3.65 2.96 2.64
Cont…..
March
Sept Country
Overall score
Political risk
Economic
performance
Debt indicators
Debt in
default or
rescheduled
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
53 48 Latvia 62.76 17.77 8.13 6.24 10 6.56 3.12 3.92 3.48 3.54
54 54 China 60.48 16.62 7.33 9.78 10 7.19 0.07 2.12 3.61 3.78
55 55South Africa
60.46 16.76 7.52 9.38 10 5.78 0.1 3.08 4.31 3.54
56 56 Croatia 59.62 15.45 9.01 7.01 10 5.83 1.97 2.77 3.31 4.27
57 60 Thailand 58.19 16.38 6.75 9.19 10 5.78 0.57 3.08 3.15 3.29
58 59 Bulgaria 58.16 16.21 7.8 8.05 10 6.04 0.96 2.07 3.01 4.02
59 58 India 57.78 16.68 6.63 9.08 10 4.53 0.12 3.08 3.5 4.15
60 63 Romania 57.39 15.34 7.54 8.36 10 5.31 0.75 2.19 3.26 4.63
61 57 Russia 56.63 14.06 7.65 9.23 9.78 6.04 0.36 2.12 3.62 3.78
62 62 Tunisia 56.53 16.21 6.79 8.33 10 5.31 0 2.88 3.22 3.78
63 66 Brazil 56.31 16.75 6.95 8.05 10 3.96 0.36 3.08 3.63 3.54
64 61 Mauritius 56.26 16.77 6.77 9.08 10 5.63 0.02 3.27 2.5 2.24
65 64Kazakhstan
54.57 12.97 6.91 6.73 10 5.42 5 1.68 2.81 3.05
66 65 Morocco 54.28 15.34 5.99 9.03 10 4.38 0.09 2.69 3.23 3.54
67 70Antigua & Barbuda
52.59 14.08 10.1 10 10 0 5 2.31 1.1 0
68 69 Egypt 52.14 13.77 5.87 9.29 10 4.22 0 2.31 3.39 3.29
69 68 Tu rkey 51.95 13.46 6.69 7.53 10 2.81 1.08 2.88 3.47 4.02
70 71 Panama 51.88 14.37 7.26 7.89 10 4.38 0.33 2.88 2.54 2.24
71 73 Colombia 50.9 13.78 5.87 8.26 10 3.75 0.24 3.08 2.88 3.05
Country Risk: OVERALL RESULTS
Cont…..
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicat
ors
Debt in
default or
reschedule
d
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital marke
ts
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
72 75 Peru 50.41 l3.51 6.46 8.98 10 3.75 0.11 2.12 2.44 3.05
73 67 Costa Rica 49.97 15.51 6.55 9.12 10 3.54 0.12 0.96 2.7 1.46
74 74 Jordan 49.29 14.25 5.95 8.48 8.77 3.54 0 2.5 2.98 2.8
75 82 Azerbaijan 48.05 11.17 6.62 9.72 10 4.38 0.01 1.78 2.39 1.98
76 80 Ukraine 47.64 11.92 6.86 8.7 10 2.5 1.35 1.54 2.46 2.32
77 78 Philippines 47.47 13.2 5.79 8.56 10 2.66 0.07 1.92 2.95 2.32
78 76 Vietnam 47.31 13.1 4.89 9.29 10 2.81 0 1.83 3.07 2.32
79 83Macedonia (FYR)
47.24 11.2 6.84 8.88 10 3.75 0.42 1.78 2.05 2.32
80 79 Algeria 46.89 13.85 7.47 9.35 10 0 0.04 2.12 1.75 2.32
81 81 Indonesia 46.76 12.08 5.81 8.53 10 2.66 0.19 1.92 3 2.56
82 84 Guatemala 46.63 11.5 6.2 9.43 10 3.54 0 2.69 1.8 1.46
83 77 EI Salvador 46.52 11.51 4.64 8.67 10 3.96 0.23 2.88 2.5 2.13
84 72 Macau 46.16 19.29 10.45 0 0 7.81 0 3.46 2.09 3.05
85 92St Vincent & the Grenadines
44.18 13.71 6.11 7.98 10 3.13 0 1.92 1.33 0
86 85 Uruguay 43.99 13.28 6.35 5.81 10 2.5 0 2.69 2.29 1.07
87 114 Albania 43.95 9.73 6.79 9.28 9.82 3.75 0.01 1.78 1.55 1.22
88 87 Serbia 43.54 11.18 6.15 8.59 10 2.5 0 0.96 1.72 2.44
89 90 Ghana 42.97 12.01 4.12 9.17 9.9 1.88 0 2.12 2.31 1.46
90 93Dominican Republic
42.73 11.29 5.4 9.15 10 1.88 0.13 1.83 1.63 1.42
Country Risk: OVERALL RESULTS
Cont…..
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicators
Debt in
default or
reschedule
d
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital
markets
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
91 109 Argentina 42.58 12.5 6.13 7.84 10 1.56 0.12 0.77 1.57 2.07
92 86 St Lucia 42.48 13.84 6.69 8.54 10 0 0 2.12 1.3 0
93 103 Armenia 42.31 10.79 5.68 9.04 10 3.44 0.27 1.54 1.57 0
94 104 Honduras 42.25 10.52 4.94 8.89 9.89 2.5 0.13 2.88 1.58 0.91
95 117 Mongol ia 42 11.83 4.55 8.93 9.91 2.29 0.01 1.92 1.95 0.61
96 128 Gabon 41.84 10.95 6.29 8.6 10 2.5 0 0.96 1.93 0.61
97 88 Sri Lanka 41.83 9.2 5.31 9.01 10 1.88 0 2.21 2.15 2.07
98 89 Pakistan 41.09 8.49 5.2 9.06 10 2.08 0.02 1.92 2.25 2.07
99 112 Mozambique 40.83 12.94 3.99 8.79 10 1.56 0 1.83 1.13 0.61
100 97 Cape Verde 40.8 12.94 3.84 8.7 10 1.88 0 2.69 0.75 0
101 91 Jamaica 40.71 11.12 4.97 7.64 10 1.88 0.41 2.31 2.38 0
102 III Lesotho 40.62 12.5 3.54 9.09 10 2.5 0 2.5 0.5 0
103 113Papua New Guinea
40.48 11.29 4.57 9.24 10 2.08 0 1.73 0.96 0.61
104 115 Bhutan 40.41 14.76 5.23 8.38 10 0 0 1.73 0.3 0
105 119 Nigeria 40.39 8.13 4.97 9.72 9.99 2.5 0 1.68 2.25 1.14
106 107Bosnia-Herzegovina
40.27 8.85 6.04 8.6 10 2.5 0.04 1.92 0 2.32
107 135 Belarus 40.01 6.35 6.63 9.49 10 2.5 0.13 0.58 1.28 3.05
108 94 Seychelles 39.96 10.48 9.1 6.98 9.92 1.25 0 1.35 0.88 0
109 95 Maldives 39.87 14.69 4.66 8.11 9.68 0 0 1.92 0.8 0
Country Risk: OVERALL RESULTS
Cont…..
March Sept Country
Overall score
Political risk
Economic
performanc
e
Debt indicators
Debt in
default or
reschedule
d
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
110 130Equatorial Guinea
39.63 9.12 7.77 9.88 10 0 0 2.12 0.75 0
111 129 Uganda 39.58 11.1 3.99 9.55 10 1.25 0 1.92 0.75 1.02
112 96 Senegal 39.35 12.32 3.88 9.12 8.49 1.88 0.04 1.73 0.88 1.02
113 118 Venezuela 39.3 7.87 5.92 9.35 10 2.29 0 0.77 1.88 1.22
114 127 Yemen 39.19 9.95 4.26 9.46 10 0.63 0 1.78 1.59 1.52
115 120 Tanzania 39.05 12.54 3.86 9.16 10 0 0 1.54 1.33 0.61
116 126 Cameroon 38.4 9.43 4.08 9.35 9.7 1.25 0.02 2.12 1.86 0.61
117 105 Kenya 38.38 9.82 4.03 9.23 8.95 1.88 0 1.83 1.83 0.81
118 106 Vanuatu 38.33 14.16 2.27 9.28 10 0 0 2.12 0.5 0
119 122 Syria 38.28 9.97 5.66 9.52 10 0 0 0.77 1.59 0.76
120 99 Fiji 38.22 8.21 5.5 9.58 10 2.5 0 1.92 0.5 0
121 121 Paraguay 38.09 9.75 4.3 8.9 10 0.94 0.09 2.31 1.2 0.61
122 108 Swaziland 38 10.91 3.33 9.59 10 0 0 2.88 0.38 0.91
123 100 Tonga 37.91 13.03 2.68 9.15 10 0 0 2.12 0.94 0
124 149 Grenada 37.87 11. 62 7.87 7.35 8.73 0.63 0 0.77 0.9 0
125 98 Iran 37.65 7.29 6.1 9.71 10 1.88 0 1.06 1 0.61
126 125 Georgia 37.32 8.64 4.61 8.9 9.73 2.19 0.07 1.3 1.27 0.61
127 116 Lebanon 37.03 7.41 5.73 7.21 10 0.78 0 1.73 2.48 1.68
128 133Turkmenistan
36.54 7.8 4.59 9.38 10 1.88 0 1.28 1 0.61
Country Risk: OVERALL RESULTS
Cont…..
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicat
ors
Debt in
default or
rescheduled
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
129 102 Dominica 36.34 12.17 6.14 7.23 7.98 0 0 1.92 0.9 0
130 131 Angola 36.32 8.08 6.02 9.46 10 0 0 0.58 1.38 0.81
131 136Burkina Faso
36.28 9.74 2.85 9.12 10 1.25 0 2.21 0.5 0.61
132 138 Zambia 36.2 10.16 4.06 8.45 10 0 0.23 1.35 1.25 0.71
133 124Bangladesh
36.11 8.57 4.52 9.23 10 0 0 1.83 0.86 1.1
134 134 Mali 36.08 9.99 3.57 9.27 10 0.94 0 1.54 0.17 0.61
135 110 Samoa 35.94 14.25 3.81 5.51 10 0 0 1.92 0.44 0
136 132 Benin 35.82 9.87 2.54 9.33 10 1.25 0 1.54 0.38 0.91
137 139 Cambodia 35.63 9.72 3.13 8.95 10 1.88 0 0.58 1.38 0
138 141 Djibouti 35.58 10.95 3.72 8.68 10 0 0 1.73 0.5 0
139 145Madagascar
35.28 10.23 2.57 8.83 10 1.25 0 0.77 1.63 0
140 123 Belize 34.74 10.34 4.82 6.76 10 1.25 0 0.58 1 0
141 146 Moldova 34.59 8.28 4.09 8.2 8.29 0.63 0.76 1.3 1.22 1.83
142 137Uzbekistan
34.41 6.82 4.09 8.9 10 0 0 1.3 2.08 1.22
143 143 Nepal 34.3 7.39 4.32 9.11 10 0 0 1.92 0.94 0.61
144 140 Bolivia 34.07 7.26 4.32 8.66 10 0.83 0.09 1.06 1.25 0.61
145 148 Niger 33.7 8.57 2.94 9.13 10 0 0 1.73 1.33 0
146 144 Ecuador 33.66 7.52 4.52 8.11 10 0.31 0.4 0.58 1.42 0.81
147 150 Ethiopia 32.98 8 2.77 9.19 10 0 0 1.06 0.75 1.22
Country Risk: OVERALL RESULTS
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicat
ors
Debt in
default or
rescheduled
Credit rating
Access to
bank finance
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
148 155Mauritania
32.14 9.74 3.17 7.66 10 0 0 0.58 0.38 0.61
149 166 Gambia 32 10.34 3.06 6.75 10 0 0 0.96 0.88 0
150 152 Nicaragua 31. 92 7.61 3.56 7.95 10 0.63 0 1.35 0.83 0
151 159Cote d'ivoire
31.89 6.81 3.78 8.22 10 0 0 1.35 1.13 0.61
152 157 Togo 31.49 9.71 2.58 8.24 10 0 0 0.58 0.38 0
153 172Kyrgyz Republic
31.28 8.32 3.34 7.85 9.87 0 0.37 0.58 0.96 0
154 147 Guyana 31.18 8.74 4.06 6.91 10 0 0 0.58 0.9 0
155 162 Chad 30.9 6.71 3.11 8.65 10 0 0 0.58 0.63 1.22
156 156 Sudan 30.84 5.73 3.71 8.6 10 0 0 0.58 0.7 1.52
157 158 Rwanda 30.6 7.56 1.54 9.36 9.21 0.63 0 1.92 0.38 0
158 142 Laos 30.43 8.99 1.89 7.79 10 0 0.18 0.58 1 0
159 164 C. African 30.24 7.82 3.01 8.33 10 0 0 0.58 0.5 0
160 161 S. Leone 29.81 7.44 2.88 7.69 9.85 0 0 0.58 1.38 0
161 154 Myanmar 29.71 5 4.07 9.7 10 0 0 0.58 0.36 0
162 151 Namibia 29.22 14.23 5.76 0 0 4.38 0 1.73 1.9 1.22
163 165 Congo 28.95 7.02 3.5 7.49 8.95 0 0 0.38 1 0.61
164 101 N. Ca led. 28.85 18.83 8.42 0 0 0 0 1.15 0.44 0
165 163 Tajikistan 28.59 7 1.65 9.02 10 0 0.04 0.58 0.3 0
Country Risk: OVERALL RESULTS
Cont…..
March Sept Country
Overall score
Political risk
Economic
performance
Debt indicators
Debt in
default or
rescheduled
Credit rating
Access to bank financ
e
Access to
short-term
finance
Access to
capital market
s
Forfaiting
2008 2007 (100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
166 168 Haiti 28.14 3.76 3.84 9.26 10 0 0 0.58 0.7 0
167 171S.T.
&Principe
27.82 9.03 3.23 3.17 10 0 0 0.77 1.63 0
168 167 Guinea 27.32 6.34 2.3 7.36 10 0 0 0.58 0.75 0
169 170 Libya 26.39 12.85 8.33 0 0 0 0 1.76 1.5 1.95
170 175 G. Bissau 25.6 7.37 2.02 4.88 10 0 0 0.58 0.75 0
171 169 Eritrea 24.55 5.16 0 7.92 10 0 0 0.58 0.29 0.61
172 173 Burundi 23.66 5.86 0.85 4.62 10 1.25 0 0.58 0.5 0
173 153 Suriname 22.06 11. 70 7.33 0 0 2.08 0 0.58 0.38 0
174 160 Malawi 22.01 8.18 2.14 8.84 0 0.63 0 1.54 0.38 0.3
175 174 S. Islands 21.21 8.26 0.78 0 10 0 0 1.73 0.44 0
176 176 Micronesia 19.03 13.84 3.98 0 0 0 0 0.77 0.44 0
177 177 Zimbabwe 18.92 0.56 0.07 6.97 10 0 0 0.19 1.13 0
178 179 Zaire 18.89 4.48 2.98 0 10 0 0 0.58 0.86 0
179 178 Liberia 16.93 4.58 1.78 0 10 0 0 0.19 0.38 0
180 181 Cuba 14.82 3.85 5.75 0 0 3.44 0 0.58 0.6 0.61
181 180 M. Islands 13.61 9.83 3.41 0 0 0 0 0 0.38 0
182 182 Somalia 13.32 0 2.37 0 10 0 0 0.58 0.38 0
183 183 Iraq 6.11 1.74 3.22 0 0 0 0 0.19 0.95 0
184 185 North Korea 6.01 0.29 4.5 0 0 0 0 0.58 0.64 0
185 184 Afghanistan 5.45 1.71 3.46 0 0 0 0 0.19 0.08 0
Source: EUROMONEY
Country Risk: OVERALL RESULTS
Business Support Network in Pakistan(Appendix-III)
SME Policy RecommendationsSME Development Vision
“SME led economic growth resulting in poverty reduction,creation of jobs and unleashing the entrepreneurial
potential of the people of Pakistan”
(Appendix-IV)