2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Bhutan_103页_1mb

Doing Business 2016: Bhutan Economy Profile Summary

Core Content

Doing Business 2016 is a report by the World Bank that measures and tracks changes in regulations affecting the business environment in 189 economies. It evaluates 11 key areas in the life cycle of a business, including 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. Bhutan's performance in these areas is presented in this economy profile, along with comparisons to other selected economies.

Main Points

• Ease of Doing Business Ranking: Bhutan's rank in 2016 is 71, slightly down from 70 in 2015.
• Distance to Frontier (DTF) Score: Bhutan's DTF score in 2016 is 65.21, up by 0.31 from 2015.
• Methodology Changes:
  • The report includes an expanded focus on five indicator sets and revised methodologies for others.
  • The labor market regulation indicators are excluded from the aggregate ease of doing business ranking.
  • The DTF score is used to measure the absolute distance to regulatory best practices.

Key Indicators

Starting a Business

• Rank: 91 (2016), 85 (2015)
• DTF Score: 85.57 (2016), 85.54 (2015)
• Procedures: 8 (2016), 8 (2015)
• Time (days): 15 (2016), 15 (2015)
• Cost (% of income per capita): 4.0 (2016), 4.2 (2015)
• Best Performer: New Zealand (rank 1, DTF score 99.96)

Dealing with Construction Permits

• Rank: 79 (2016), 74 (2015)
• DTF Score: 70.07 (2016), 69.97 (2015)
• Procedures: 21 (2016), 21 (2015)
• Time (days): 151 (2016), 151 (2015)
• Cost (% of warehouse value): 1.3 (2016), 1.3 (2015)
• Best Performer: Singapore (rank 1, DTF score 92.97)

Getting Electricity

• Rank: 50 (2016), 52 (2015)
• DTF Score: 80.09 (2016), 78.9 (2015)
• Procedures: 4 (2016), 4 (2015)
• Time (days): 61 (2016), 71 (2015)
• Cost (% of income per capita): 550 (2016), 582.9 (2015)
• Best Performer: Korea, Rep. (rank 1, DTF score 99.88)

Registering Property

• Rank: 51 (2016), 56 (2015)
• DTF Score: 73.4 (2016), 71.61 (2015)
• Procedures: 3 (2016), 3 (2015)
• Time (days): 77 (2016), 92 (2015)
• Cost (% of property value): 5.0 (2016), 5.0 (2015)
• Best Performer: New Zealand (rank 1, DTF score 94.46)

Getting Credit

• Rank: 79 (2016), 71 (2015)
• DTF Score: 50 (2016), 50 (2015)
• Strength of Legal Rights Index: 4.0 (2016), 4.0 (2015)
• Depth of Credit Information Index: 6.0 (2016), 6.0 (2015)
• Credit Bureau Coverage (% of adults): 23.2 (2016), 18.0 (2015)
• Best Performer: New Zealand (rank 1, DTF score 100)

Protecting Minority Investors

• Rank: 115 (2016), 114 (2015)
• DTF Score: 46.67 (2016), 46.67 (2015)
• Strength of Minority Investor Protection Index: 4.7 (2016), 4.7 (2015)
• Conflict of Interest Regulation Index: 4.7 (2016), 4.7 (2015)
• Shareholder Governance Index: 4.7 (2016), 4.7 (2015)
• Best Performer: Singapore (rank 1, DTF score 83.33)

Paying Taxes

• Rank: 28 (2016), 26 (2015)
• DTF Score: 85.5 (2016), 85.5 (2015)
• Payments (number per month): 18 (2016), 18 (2015)
• Total Tax Rate (% of profit): 35.3 (2016), 35.3 (2015)
• Best Performer: United Arab Emirates (rank 1, DTF score 99.44)

Trading Across Borders

• Rank: 21 (2016), 21 (2015)
• DTF Score: 95.49 (2016), 95.49 (2015)
• Time to Export: Border Compliance (hours): 2 (2016), 2 (2015)
• Cost to Export: Border Compliance (USD): 59 (2016), 59 (2015)
• Time to Export: Documentary Compliance (hours): 2 (2016), 2 (2015)
• Cost to Export: Documentary Compliance (USD): 50 (2016), 50 (2015)
• Time to Import: Border Compliance (hours): 2 (2016), 2 (2015)
• Cost to Import: Border Compliance (USD): 110 (2016), 110 (2015)
• Time to Import: Documentary Compliance (hours): 2 (2016), 2 (2015)
• Cost to Import: Documentary Compliance (USD): 50 (2016), 50 (2015)
• Best Performer: Denmark (rank 1, DTF score 100)

Enforcing Contracts

• Rank: 50 (2016), 50 (2015)
• DTF Score: 65.36 (2016), 65.36 (2015)
• Time (days): 225 (2016), 225 (2015)
• Cost (% of claim): 23.1 (2016), 23.1 (2015)
• Quality of Judicial Processes Index: 5.5 (2016), 5.5 (2015)
• Best Performer: Singapore (rank 1, DTF score 84.91)

Resolving Insolvency

• Rank: 189 (2016), 189 (2015)
• DTF Score: 0 (2016), 0 (2015)
• Recovery Rate (cents on the dollar): 0.0 (2016), 0.0 (2015)
• Time (years): No practice (2016), No practice (2015)
• Cost (% of estate): No practice (2016), No practice (2015)
• Best Performer: Finland (rank 1, DTF score 93.81)

Key Information

• Region: South Asia
• Income Category: Lower middle income
• Population: 765,552
• GNI per Capita (US$): 2,390
• Data Sources: The data in this report are current as of June 1, 2015, except for the paying taxes indicators, which cover January–December 2014.
• Comparators: The report includes data from comparator economies such as China, India, Maldives, Nepal, Pakistan, and Thailand.
• Limitations: The report does not include certain factors such as proximity to large markets, infrastructure quality, or macroeconomic conditions in its analysis.
• Purpose: The indicators help identify regulatory bottlenecks and support policy reforms aimed at improving the business environment.

Conclusion

The Doing Business 2016 report provides a detailed assessment of Bhutan's business environment, highlighting its performance across various regulatory areas and comparing it with other economies. While Bhutan has made some improvements in the DTF score, it remains relatively low in several key indicators. The report emphasizes the importance of using the DTF score to understand the absolute distance to regulatory best practices and the need for targeted reforms to enhance the ease of doing business.