2013年-世界发展银行全球_Doing_Business_2014_Economy_Profile___Libya_92页_1mb

Doing Business 2014: Economy Profile - Libya

Core Content Overview

The Doing Business report evaluates the ease of doing business in 189 economies, focusing on regulations affecting small and medium-sized enterprises (SMEs) across 11 key areas. For Libya, the report provides detailed data on the regulatory environment and compares it with other economies in the Middle East and North Africa (MENA) region and globally.

Key Indicators and Rankings

Note: DB2013 ranking reflects data corrections and the inclusion of 4 new economies.

Main Findings

Ease of Doing Business Index

• Libya's Rank: 187 (down 1 from DB2013)
• Doing Business Index (DTF): 33.83 (up 0.43 from DB2013)
• Regional Average: 143
• Global Best Performer: New Zealand

Starting a Business

• Procedures: 10
• Time (days): 35.0
• Cost (% of income per capita): 19.1
• Paid-in Minimum Capital (% of income per capita): 31.0

Compared to comparator economies like Algeria (164), Egypt (50), and Jordan (117), Libya's procedures and time are relatively high, indicating significant challenges in starting a business.

Dealing with Construction Permits

• Procedures: No practice
• Time (days): No
• Cost (% of income per capita): No practice

Libya does not have a formal process for construction permits, which is a major obstacle for businesses.

Getting Electricity

• Procedures: 4
• Time (days): 118
• Cost (% of income per capita): 378.3

Libya ranks 68 globally, with high cost and time compared to comparator economies like Egypt (105) and Jordan (41).

Registering Property

• Procedures: No practice
• Time (days): No
• Cost (% of property value): No practice

Libya has no formal property registration process, which is a major regulatory bottleneck.

Getting Credit

• Procedures: 43
• Time (days): 690
• Cost (% of claim): 27.0
• Legal Rights Index (0–10): 1
• Credit Information Index (0–6): 1
• Public Registry Coverage (% of adults): 0.5
• Private Bureau Coverage (% of adults): 0.0

Libya has very weak credit-related regulations, with low legal rights and credit information indices.

Protecting Investors

• Procedures: 43
• Time (days): 690
• Cost (% of claim): 27.0
• Investor Protection Index (0–10): 1.7

Libya scores very low on investor protection, with limited disclosure and high costs.

Paying Taxes

• Procedures: 19
• Time (hours per year): 889
• Cost (% of income per capita): 19.1

Libya has a high tax burden and long compliance times.

Trading Across Borders

• Procedures: 7 (export), 9 (import)
• Time (days): 23 (export), 37 (import)
• Cost (US$ per container): 1,140 (export), 2,255 (import)

Libya ranks 143 globally, with higher costs and time compared to comparator economies like Singapore (1) and Ireland (2).

Enforcing Contracts

• Procedures: 43
• Time (days): 690
• Cost (% of claim): 27.0

Libya has a long and costly process for enforcing contracts, indicating a weak legal environment.

Resolving Insolvency

• Procedures: No practice
• Time (years): No
• Cost (% of estate): No practice
• Recovery Rate (cents on the dollar): 0.0

Libya has no formal insolvency process, which is a major obstacle for business sustainability.

Main Points and Key Information

• The Doing Business report provides a comprehensive assessment of the regulatory environment for SMEs.
• Libya's regulatory environment is among the most challenging in the world, with high costs, long procedures, and poor performance across most indicators.
• The report highlights that Libya has made no significant reforms in business regulations since DB2009.
• The standardized company used for data collection is a private limited company in Tripoli, requiring 10 procedures, 35 days, and 19.1% of income per capita in cost.
• The absence of formal processes for construction permits, property registration, and insolvency resolution is a critical issue.
• The report underscores the importance of regulatory reform in improving the business environment and fostering economic growth.

Comparative Insights

• Starting a Business: Libya lags behind many comparator economies in the MENA region.
• Getting Electricity: Although it ranks relatively higher than some comparator economies, the cost remains high.
• Registering Property: No formal process is in place, which is a major disadvantage.
• Getting Credit: Very weak legal framework and high costs.
• Protecting Investors: Poor investor protection, with limited disclosure and high liability.
• Paying Taxes: High compliance burden and time.
• Trading Across Borders: Higher costs and time compared to top performers.
• Enforcing Contracts: Long and expensive process.
• Resolving Insolvency: No formal process, making it difficult to recover debts.

Conclusion

Libya's business environment is highly regulated and burdensome for SMEs. The country has not made significant regulatory improvements since DB2009, and its performance across all indicators is poor compared to global and regional benchmarks. Addressing these issues through targeted reforms could significantly enhance the ease of doing business and support economic development.