2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Nicaragua_116页_1mb

Nicaragua Economy Profile: Doing Business 2013 Summary

Core Content

The Doing Business 2013 report provides a comprehensive assessment of the regulatory environment for small and medium-sized enterprises (SMEs) in Nicaragua, comparing it with other economies across 11 key business areas. The report highlights the ease of doing business, the number of procedures, time, and cost involved in various business activities, and the impact of regulatory reforms on these metrics.

Main Indicators and Rankings

Overall Business Environment

• DB2013 Rank: 119
• DB2012 Rank: 120 (adjusted for data corrections and new economies added)
• Change in Rank: +1 (a slight improvement)
• Region: Latin America & Caribbean
• Income Category: Lower middle income
• Population: 5,869,859
• GNI per capita (US$): 1,170

Key Business Areas

Key Insights

• Starting a Business: Nicaragua ranks 131 out of 185 economies. It requires 8 procedures, takes 39 days, and costs 100.6% of income per capita. The paid-in minimum capital requirement is 0.0%.
• Dealing with Construction Permits: Nicaragua ranks 154, requiring 16 procedures, taking 218 days, and costing 362.0% of income per capita.
• Getting Electricity: Nicaragua ranks 129, requiring 6 procedures, taking 70 days, and costing 1,526.6% of income per capita.
• Registering Property: Nicaragua ranks 123, requiring 8 procedures, taking 49 days, and costing 4.2% of property value.
• Getting Credit: Nicaragua ranks 104, with a legal rights index of 3 and a credit information depth index of 5.
• Protecting Investors: Nicaragua ranks 100, with a strength of investor protection index of 5.0.
• Paying Taxes: Nicaragua ranks 158, requiring 42 payments and taking 207 hours per year.
• Trading Across Borders: Nicaragua ranks 81, requiring 5 documents to export and 6 to import, taking 21 days to export and 20 days to import.
• Enforcing Contracts: Nicaragua ranks 55, taking 409 days and costing 26.8% of claim value.
• Resolving Insolvency: Nicaragua ranks 80, taking 2.2 years and costing 15% of the estate value.

Main Viewpoints

• The report measures the ease of doing business based on a set of 11 key areas, including starting a business, construction permits, electricity, property registration, credit, investor protection, taxes, and others.
• Nicaragua's business environment is ranked relatively low compared to other economies in the region and globally, indicating significant regulatory challenges.
• The report highlights that the ease of doing business index is not a complete picture of the business environment, as it does not account for all factors that influence business operations.
• The distance to frontier measure is introduced to assess how much an economy has improved in terms of regulatory efficiency over time.
• The data for Nicaragua show that while some indicators have remained stable, others have not, suggesting potential for reform.

Key Information

• The methodology assumes that entrepreneurs have access to all required information, do not pay bribes, and operate limited liability companies in the largest business city.
• The report provides a comparative analysis of Nicaragua with other economies, such as Colombia, Costa Rica, and Panama, to better understand the regulatory landscape.
• No significant reforms were recorded in Nicaragua from DB2008 to DB2013, according to the Doing Business methodology.
• The report emphasizes the importance of regulatory reforms in improving the business environment and promoting economic growth.

Conclusion

Nicaragua's business environment remains challenging, particularly in areas such as starting a business, dealing with construction permits, and getting electricity. The data suggest that the country has not implemented major reforms in recent years, and its performance lags behind many comparator economies. However, the report also highlights that the rankings are not the full story, and further analysis is needed to understand the broader implications of these findings.