2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Guatemala_103页_2mb

Guatemala Economy Profile in Doing Business 2016

Core Content

The Doing Business 2016 report evaluates the regulatory environment for small and medium-sized businesses in 189 economies, including Guatemala, across 11 key areas. These areas include starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation. The report provides rankings and distance to frontier (DTF) scores to measure regulatory quality and efficiency.

Main Points

Ease of Doing Business Ranking and DTF Score

• DB2016 Rank: 81
• DB2015 Rank: 81 (adjusted for methodological changes)
• Change in Rank: 0
• DTF Score (2016): 63.49
• DTF Score (2015): 63.41
• Change in DTF: 0.08

The DTF score reflects how far an economy is from the best regulatory practices, with 100 being the frontier (best performance). Guatemala's score has slightly improved from 2015 to 2016, indicating minor progress in regulatory efficiency.

Key Business Regulation Indicators

Starting a Business

• Rank: 101
• DTF Score: 83.87
• Procedures: 6
• Time (days): 18.5
• Cost (% of income per capita): 25.0
• Paid-in minimum capital (% of income per capita): 18.1
• Best Performer: New Zealand (rank 1, DTF 99.96)

Guatemala's process for starting a business is relatively efficient compared to some comparator economies, but it still lags behind the global best performers.

Dealing with Construction Permits

• Rank: 106
• DTF Score: 67.17
• Procedures: 11
• Time (days): 158.0
• Cost (% of warehouse value): 7.2
• Building Quality Control Index (0-15): 10.0
• Best Performer: Singapore (rank 1, DTF 92.97)

The process for obtaining construction permits is complex and costly, with Guatemala ranking lower than most comparator economies.

Getting Electricity

• Rank: 21
• DTF Score: 85.76
• Procedures: 4
• Time (days): 39.0
• Cost (% of income per capita): 499.3
• Reliability of supply and transparency of tariff index (0-8): 6.0
• Best Performer: Korea, Rep. (rank 1, DTF 99.88)

Guatemala performs relatively well in getting electricity, with a low number of procedures and moderate time, but the cost is significantly higher than the global best performers.

Registering Property

• Rank: 75
• DTF Score: 66.42
• Procedures: 6
• Time (days): 24.0
• Cost (% of property value): 3.7
• Quality of Land Administration Index (0-30): 13.0
• Best Performer: New Zealand (rank 1, DTF 94.46)

Guatemala has a moderate process for registering property, but the cost is still higher than many comparator economies.

Getting Credit

• Rank: 15
• DTF Score: 80
• Strength of Legal Rights Index (0-12): 9.0
• Depth of Credit Information Index (0-8): 7.0
• Credit Registry Coverage (% of adults): 19.0
• Credit Bureau Coverage (% of adults): 8.8
• Best Performer: New Zealand (rank 1, DTF 100)

Guatemala has a relatively efficient credit system, though coverage remains low.

Protecting Minority Investors

• Rank: 174
• DTF Score: 33.33
• Strength of Minority Investor Protection Index (0-10): 3.3
• Extent of Conflict of Interest Regulation Index (0-10): 3.3
• Extent of Shareholder Governance Index (0-10): 3.3
• Best Performer: Singapore (rank 1, DTF 83.33)

Guatemala ranks poorly in protecting minority investors, indicating significant regulatory weaknesses in this area.

Paying Taxes

• Rank: 50
• DTF Score: 81.18
• Payments (number per year): 8
• Time (hours per year): 256.0
• Total Tax Rate (% of profit): 37.5
• Best Performer: United Arab Emirates (rank 1, DTF 99.44)

Guatemala's tax system is moderately efficient, with a relatively low number of procedures and a moderate DTF score.

Trading Across Borders

• Rank: 78
• DTF Score: 75.31
• Time to Export (Border Compliance, hours): 36
• Cost to Export (Border Compliance, USD): 310
• Time to Export (Documentary Compliance, hours): 48
• Cost to Export (Documentary Compliance, USD): 105
• Time to Import (Border Compliance, hours): 72
• Cost to Import (Border Compliance, USD): 405
• Time to Import (Documentary Compliance, hours): 32
• Cost to Import (Documentary Compliance, USD): 140
• Best Performer: Denmark (rank 1, DTF 100)

Guatemala's trade procedures are relatively efficient, but the cost and time for both exports and imports are higher than in many comparator economies.

Enforcing Contracts

• Rank: 173
• DTF Score: 34.55
• Time (days): 1,402.0
• Cost (% of claim): 26.5
• Quality of Judicial Processes Index (0-18): 6.0
• Best Performer: Singapore (rank 1, DTF 84.91)

Guatemala has a poor contract enforcement system, with high time and cost requirements, and low judicial efficiency.

Resolving Insolvency

• Rank: 153
• DTF Score: 27.3
• Recovery Rate (cents on the dollar): 27.5
• Time (years): 3.0
• Cost (% of estate): 14.5
• Strength of Insolvency Framework Index (0-16): 4.0
• Best Performer: Finland (rank 1, DTF 93.81)

Guatemala's insolvency resolution process is slow and inefficient, with a low recovery rate and moderate cost.

Key Information

• The report includes data from June 1, 2015, except for the paying taxes indicators, which cover January–December 2014.
• The labor market regulation indicators are not included in the aggregate ease of doing business ranking or DTF score.
• The methodology for the report has been updated in some areas, including the addition of new indices for quality and efficiency in construction permits, electricity, property registration, and judicial processes.
• The DTF score provides an absolute measure of how far an economy is from the best regulatory practices, while the ranking shows relative performance compared to other economies.

Summary

Guatemala's business environment in 2016 shows a mix of moderate efficiency and significant regulatory challenges. While it performs relatively well in some areas such as getting electricity and registering property, it lags behind in others like protecting minority investors and enforcing contracts. The DTF score indicates a slight improvement from 2015, but the overall ranking remains unchanged. The report highlights the importance of understanding both rankings and DTF scores to assess the regulatory environment and identify areas for improvement.