2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___South_Africa_108页_2mb

South Africa Economy Profile in Doing Business 2016

Core Content Overview

Doing Business 2016 is a report by the World Bank that measures and tracks regulatory quality and efficiency across 189 economies, focusing on 11 key areas in the business life cycle. It provides data and analysis to support policy reforms and improve the business environment. This report specifically highlights South Africa's performance in these areas and compares it with other economies.

Key Indicators and Performance

Ease of Doing Business Ranking

• DB2016 Rank: 73
• DB2015 Rank: 69 (adjusted for methodological changes)
• Change in Rank: -4
• DTF Score (DB2016): 64.89
• DTF Score (DB2015): 64.93
• Change in DTF: -0.04

The DTF score measures how close an economy is to the best regulatory practices on each indicator, with 100 being the frontier.

Business Life Cycle Indicators

Dealing with Construction Permits

• Rank: 90 (DB2016), 82 (DB2015)
• DTF Score: 69 (DB2016), 69.04 (DB2015)
• Best Performer: Singapore (1)
• Procedures: 19.0
• Time (days): 141.0
• Cost (% of warehouse value): 1.0
• Building Quality Control Index (0-15): 10.5
• Best Performer: 18 Economies (8.00)

Getting Electricity

• Rank: 168 (DB2016), 168 (DB2015)
• DTF Score: 41.99 (DB2016), 41.81 (DB2015)
• Best Performer: Korea, Rep. (1)
• Procedures: 5.0
• Time (days): 226.0
• Cost (% of income per capita): 670.5
• Reliability of Supply and Transparency of Tariff Index (0-8): 0.0
• Best Performer: 18 Economies (8.00)

Registering Property

• Rank: 101 (DB2016), 97 (DB2015)
• DTF Score: 60.79 (DB2016), 61.18 (DB2015)
• Best Performer: New Zealand (1)
• Procedures: 7.0
• Time (days): 23.0
• Cost (% of property value): 6.4
• Quality of Land Administration Index (0-30): 14.0
• Best Performer: 3 Economies (28.50)

Getting Credit

• Rank: 59 (DB2016), 52 (DB2015)
• DTF Score: 60 (DB2016), 60 (DB2015)
• Best Performer: New Zealand (1)
• Strength of Legal Rights Index (0-12): 5.0
• Depth of Credit Information Index (0-8): 7.0
• Credit Registry Coverage (% of adults): 62.0
• Credit Bureau Coverage (% of adults): 62.0
• Best Performer: 22 Economies (8.00)

Protecting Minority Investors

• Rank: 14 (DB2016), 12 (DB2015)
• DTF Score: 71.67 (DB2016), 71.67 (DB2015)
• Best Performer: Singapore (1)
• Strength of Minority Investor Protection Index (0-10): 7.2
• Extent of Conflict of Interest Regulation Index (0-10): 8.0
• Extent of Shareholder Governance Index (0-10): 6.3
• Best Performer: 4 Economies (8.00)

Paying Taxes

• Rank: 20 (DB2016), 19 (DB2015)
• DTF Score: 88.75 (DB2016), 88.71 (DB2015)
• Best Performer: United Arab Emirates (1)
• Number of Payments per Year: 7.0
• Time (hours per year): 200.0
• Total Tax Rate (% of profit): 28.8
• Best Performer: China (3.00)

Trading Across Borders

• Rank: 130 (DB2016), 130 (DB2015)
• DTF Score: 58.01 (DB2016), 58.01 (DB2015)
• Best Performer: Denmark (1)
• Time to Export (hours): 100.0
• Cost to Export (USD): 428
• Time to Export (Documentary Compliance, hours): 68.0
• Cost to Export (Documentary Compliance, USD): 170
• Time to Import (hours): 144.0
• Cost to Import (USD): 657
• Time to Import (Documentary Compliance, hours): 36.0
• Cost to Import (Documentary Compliance, USD): 213
• Best Performer: 19 Economies (0.00)

Enforcing Contracts

• Rank: 119 (DB2016), 117 (DB2015)
• DTF Score: 53.18 (DB2016), 53.18 (DB2015)
• Best Performer: Singapore (1)
• Time (days): 600.0
• Cost (% of claim): 33.2
• Quality of Judicial Processes Index (0-18): 6.5
• Best Performer: 3 Economies (15.50)

Resolving Insolvency

• Rank: 41 (DB2016), 38 (DB2015)
• DTF Score: 64.29 (DB2016), 64.51 (DB2015)
• Best Performer: Finland (1)
• Recovery Rate (cents on the dollar): 35.3
• Time (years): 2.0
• Cost (% of estate): 18.0
• Strength of Insolvency Framework Index (0-16): 14.5
• Best Performer: 4 Economies (15.00)

Main Points

• The Doing Business report provides a comprehensive evaluation of regulatory environments for small to medium businesses, focusing on 11 key areas.
• South Africa ranks 73rd in the ease of doing business index in 2016, with a slight decline from the previous year.
• The distance to frontier (DTF) score for South Africa is 64.89, indicating moderate performance compared to global best practices.
• Starting a business remains a challenge, with 6 procedures and 46 days required.
• Getting electricity is among the most difficult areas, with a DTF score of 41.99 and high costs.
• Registering property is relatively better than other areas, with a DTF score of 60.79.
• Getting credit is more accessible, with a DTF score of 60.
• Protecting minority investors is strong, with a DTF score of 71.67.
• Paying taxes is efficient, with a DTF score of 88.75.
• Trading across borders remains a challenge, with a DTF score of 58.01.
• Enforcing contracts is difficult, with a DTF score of 53.18.
• Resolving insolvency is relatively efficient, with a DTF score of 64.29.

Key Information

• The report is based on data up to June 1, 2015, except for paying taxes, which covers January–December 2014.
• Methodological changes in 2016 include:
  • Expansion of the dealing with construction permits, getting electricity, registering property, enforcing contracts, and labor market regulation indicators.
  • Trading across borders underwent a major revision to reflect comparative advantage.
  • Protecting minority investors now includes a broader scope of regulations.
• The labor market regulation indicators are not included in the aggregate ease of doing business ranking, but are presented in the economy profile.
• DTF scores are used to benchmark performance against best practices, while rankings show relative performance across economies.
• The report highlights regulatory bottlenecks and efficiencies that can guide policy reforms.

Conclusion

South Africa's business environment in 2016 shows a moderate regulatory quality and efficiency, with some areas requiring significant improvement. While it performs relatively well in paying taxes and protecting minority investors, challenges remain in starting a business, getting electricity, and enforcing contracts. The DTF scores and rankings provide a clear picture of where South Africa stands compared to global best practices and other economies, offering valuable insights for policy makers aiming to enhance the business climate.