2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Sierra_Leone_93页_1mb

Summary of Doing Business 2015: Sierra Leone

Core Content

The Doing Business 2015 report provides a comprehensive analysis of the regulatory environment for small to medium-sized businesses in Sierra Leone, comparing it with other economies across 11 key areas. The report evaluates the ease of doing business through an aggregate ranking and a distance to frontier (DTF) score, which measures how far an economy is from the best regulatory practices.

The report highlights the importance of understanding the business environment for policymakers, entrepreneurs, and investors. It includes detailed data on procedures, time, and costs for various business activities, such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

Main Topics and Indicators

1. Starting a Business

• Rank (DB2015): 91
• DTF Score: 85.02
• Procedures: 6
• Time (days): 12
• Cost (% of income per capita): 37.9
• Comparator Economies:
  • Ghana: 96 (rank), 83.73 (DTF), 8.0 (procedures)
  • Guinea: 175 (rank), 55.44 (DTF), 9.0 (procedures)
  • Best Performer: New Zealand (rank 1, DTF 99.96)

2. Dealing with Construction Permits

• Rank (DB2015): 120
• DTF Score: 66.80
• Procedures: 16
• Time (days): 166
• Cost (% of warehouse value): 3.1
• Comparator Economies:
  • Ghana: 106 (rank), 69.14 (DTF), 13.0 (procedures)
  • Guinea: 159 (rank), 55.92 (DTF), 26.0 (procedures)
  • Best Performer: Hong Kong SAR, China (rank 1, DTF 95.53)

3. Getting Electricity

• Rank (DB2015): 172
• DTF Score: 45.51
• Procedures: 8
• Time (days): 82
• Cost (% of income per capita): 4,237.5
• Comparator Economies:
  • Ghana: 71 (rank), 78.29 (DTF), 4.0 (procedures)
  • Best Performer: Korea, Rep. (rank 1, DTF 99.83)

4. Registering Property

• Rank (DB2015): 158
• DTF Score: 50.63
• Procedures: 7
• Time (days): 56
• Cost (% of property value): 10.8
• Comparator Economies:
  • Ghana: 43 (rank), 79.23 (DTF), 5.0 (procedures)
  • Best Performer: Georgia (rank 1, DTF 99.88)

5. Getting Credit

• Rank (DB2015): 151
• DTF Score: 25.00
• Strength of legal rights index (0–12): 5
• Depth of credit information index (0–8): 0
• Comparator Economies:
  • Ghana: 36 (rank), 65.00 (DTF), 7 (index)
  • Best Performer: New Zealand (rank 1, DTF 100)

6. Protecting Minority Investors

• Rank (DB2015): 62
• DTF Score: 57.50
• Strength of minority investor protection index (0–10): 5.8
• Comparator Economies:
  • Ghana: 56 (rank), 58.33 (DTF), 5.8 (index)
  • Best Performer: New Zealand (rank 1, DTF 81.67)

7. Paying Taxes

• Rank (DB2015): 130
• DTF Score: 65.39
• Payments (per year): 33
• Time (hours per year): 353
• Comparator Economies:
  • Ghana: 101 (rank), 71.53 (DTF), 224 (hours)
  • Best Performer: United Arab Emirates (rank 1, DTF 99.44)

8. Trading Across Borders

• Rank (DB2015): 133
• DTF Score: 63.61
• Documents to export: 7
• Time to export (days): 25
• Cost to export (US$ per container): 1,185
• Comparator Economies:
  • Ghana: 120 (rank), 67.10 (DTF), 19.0 (days)
  • Best Performer: Singapore (rank 1, DTF 96.47)

9. Enforcing Contracts

• Rank (DB2015): 109
• DTF Score: 55.68
• Time (days): 515
• Cost (% of claim): 39.5
• Comparator Economies:
  • Ghana: 96 (rank), 57.59 (DTF), 710 (days)
  • Best Performer: Singapore (rank 1, DTF 89.54)

10. Resolving Insolvency

• Rank (DB2015): 143
• DTF Score: 30.68
• Time (years): 2.3
• Cost (% of estate): 42.0
• Comparator Economies:
  • Ghana: 161 (rank), 22.45 (DTF), 0.0 (strength index)
  • Best Performer: Finland (rank 1, DTF 93.85)

Key Information

• Economy Overview:

  • Region: Sub-Saharan Africa
  • Income category: Low income
  • Population: 6,092,075
  • GNI per capita: $680
  • DB2015 Rank: 140
  • DB2014 Rank: 140
  • DTF Score (DB2015): 54.6
  • DTF Score (DB2014): 52.8
  • Change in DTF: +1.8

• Methodology Changes in 2015:

  • The ease of doing business ranking and DTF scores are now based on distance to frontier scores.
  • Additional data for second cities in 11 large economies.
  • Revised methodology for the strength of legal rights index and depth of credit information index.
  • New indicators added for shareholder governance and conflict of interest regulation.
  • The labor market regulation indicators now focus on the retail sector and include labor disputes and worker benefits.

• Comparative Insights:

  • Sierra Leone ranks relatively low in most indicators, indicating significant regulatory challenges.
  • The report provides data for comparator economies such as Ghana, Guinea, Kenya, and Liberia to facilitate benchmarking.
  • The DTF score shows the distance to the best regulatory practices, helping identify areas for reform.

• Limitations of the Report:

  • The indicators do not cover all aspects of the business environment, such as infrastructure quality or macroeconomic conditions.
  • The report focuses on a local limited liability company in the largest business city.
  • The methodology is based on standard assumptions and does not account for all local variations.

Conclusion

The Doing Business 2015 report highlights that Sierra Leone faces considerable challenges in its regulatory environment, particularly in areas such as starting a business, getting credit, and resolving insolvency. While there is some improvement in DTF scores, the country remains far from the best performers. The report serves as a valuable tool for policymakers to identify regulatory bottlenecks and guide reforms toward a more business-friendly environment.