2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Portugal_91页_1mb

Doing Business 2015: Portugal Summary

Core Content Overview

The Doing Business 2015 report evaluates the ease of doing business in Portugal by analyzing 11 key regulatory areas across 189 economies. It provides both rankings and distance to frontier (DTF) scores, which measure how close an economy is to the best practices globally. Portugal is ranked 25th in the ease of doing business (DB2015) and 23rd in the comparable DB2014 ranking, with a slight decline in rank but no change in DTF score.

Main Topics and Key Indicators

Starting a Business

• Rank: 10 (unchanged from DB2014)
• DTF Score: 96.27
• Procedures: 3
• Time (days): 2.5
• Cost (% of income per capita): 2.3
• Best Performer: New Zealand (rank 1, DTF score 99.96)

Portugal performs well in this area, with minimal procedures and low cost, comparable to France and Germany. It is close to the best practices globally.

Dealing with Construction Permits

• Rank: 58 (unchanged from DB2014)
• DTF Score: 77.31
• Procedures: 14
• Time (days): 113
• Cost (% of warehouse value): 1.4
• Best Performer: Hong Kong SAR, China (rank 1, DTF score 95.53)

Portugal has a moderate number of procedures and time, but the cost is low. It is ranked above the regional average but still has room for improvement.

Getting Electricity

• Rank: 47 (moved from 43 in DB2014)
• DTF Score: 82.00
• Procedures: 5
• Time (days): 64
• Cost (% of income per capita): 52.9
• Best Performer: Korea, Rep. (rank 1, DTF score 99.83)

Portugal has a reasonable number of procedures and time, but the cost is relatively high compared to other economies. It is better than the regional average but not among the top performers.

Registering Property

• Rank: 25
• DTF Score: 83.67
• Procedures: 1
• Time (days): 1.0
• Cost (% of property value): 7.3
• Best Performer: Georgia (rank 1, DTF score 99.88)

Portugal excels in this area with a very low number of procedures, minimal time, and low cost. It is among the top performers globally.

Getting Credit

• Rank: 89 (moved from 86 in DB2014)
• DTF Score: 45.00
• Strength of legal rights index: 2 (out of 12)
• Depth of credit information index: 7 (out of 8)
• Best Performer: New Zealand (rank 1, DTF score 100)

Portugal's credit access is relatively weak, especially in terms of legal rights. It has a high coverage of credit registries (100%) but still lags behind other high-income economies.

Protecting Minority Investors

• Rank: 51 (moved from 50 in DB2014)
• DTF Score: 59.17
• Shareholder governance index: 5.8 (out of 10)
• Minority investor protection index: 5.9 (out of 10)
• Best Performer: New Zealand (rank 1, DTF score 81.67)

Portugal's performance in protecting minority investors is moderate. It has improved slightly in the governance index but still trails behind top performers like New Zealand.

Paying Taxes

• Rank: 64 (moved from 56 in DB2014)
• DTF Score: 77.84
• Payments (per year): 8
• Time (hours per year): 275
• Best Performer: United Arab Emirates (rank 1, DTF score 99.44)

Portugal has a moderate tax burden. It has a high number of tax payments and a relatively long time commitment, but its cost is lower than some comparator economies.

Trading Across Borders

• Rank: 29 (moved from 28 in DB2014)
• DTF Score: 85.20
• Documents to export: 4
• Time to export (days): 15.0
• Cost to export (US$ per container): 780.0
• Best Performer: Singapore (rank 1, DTF score 96.47)

Portugal's trade procedures are relatively efficient, with a low number of documents and moderate time and cost. It performs better than many comparator economies.

Enforcing Contracts

• Rank: 27 (unchanged from DB2014)
• DTF Score: 69.65
• Procedures: 34
• Time (days): 547
• Cost (% of claim): 13.8
• Best Performer: Singapore (rank 1, DTF score 89.54)

Portugal has a moderate number of procedures and high cost for enforcing contracts, placing it below the top performers like Singapore.

Resolving Insolvency

• Rank: 10 (moved from 11 in DB2014)
• DTF Score: 84.19
• Time (years): 2.0
• Cost (% of estate): 9.0
• Best Performer: Finland (rank 1, DTF score 93.85)

Portugal is among the top performers in resolving insolvency, with a low time and cost. It has a strong insolvency framework, with a score of 14.5 (out of 16).

Key Findings

• Portugal’s overall ranking has slightly declined from 23 to 25 in DB2015, but its DTF score remains stable at 76.
• Efficiency improvements are evident in several areas, such as registering property and resolving insolvency, where Portugal is close to the best practices.
• Challenges remain in getting credit and enforcing contracts, indicating room for regulatory reform.
• The report highlights the importance of comparing with comparator economies and understanding the absolute performance of each indicator.
• Methodological updates in DB2015 include changes in how DTF scores are calculated, expanded scope of indicators, and more accurate benchmarking.

Methodology Notes

• DTF scores are calculated based on the distance to the frontier, showing how far an economy is from the best performance.
• Comparisons are made with other economies, including OECD high-income and selected comparator economies.
• The report includes data notes and methodology updates, providing transparency on how rankings and scores are derived.

Conclusion

Portugal has a relatively efficient business environment, particularly in registering property and resolving insolvency, but faces challenges in credit access and contract enforcement. The report serves as a valuable tool for policymakers to identify areas for improvement and benchmark against other economies.