2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Venezuela_RB_104页_2mb

Doing Business 2016: Venezuela, RB Summary

Core Content

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, including Venezuela, RB. It measures and tracks changes in regulations affecting 11 key areas of business operations, such as starting a business, getting credit, and resolving insolvency. The report provides both rankings and distance to frontier (DTF) scores, which assess how close an economy is to best practices in regulatory efficiency.

The report excludes labor market regulation from the aggregate ease of doing business ranking, but includes it in the economy profile. The data are current as of June 1, 2015, except for the paying taxes indicators, which cover January–December 2014.

Key Indicators and Performance

Main Points and Findings

• Ease of Doing Business Ranking: Venezuela, RB ranks 186th out of 189 economies in 2016, a slight drop from 184th in 2015.
• Distance to Frontier (DTF) Score: Venezuela, RB scores 35.51 in 2016, a decrease of 0.79 from 2015, indicating a small decline in regulatory efficiency.
• Regulatory Environment: The report highlights that Venezuela, RB has a challenging business environment with high costs, long procedures, and extended time to complete business-related tasks.
• Comparative Performance: Among comparator economies, Venezuela, RB performs poorly in most indicators, especially in starting a business, getting credit, and paying taxes.
• Methodology Changes: The 2016 edition includes new indices for building regulation quality, electricity price and reliability, land administration quality, and judicial process efficiency, which provide a more detailed picture of regulatory quality.
• Data Limitations: The report does not consider factors such as market proximity, infrastructure quality, or institutional strength, which are important for business but not directly measured.

Key Reforms and Trends

• Starting a Business: Venezuela, RB has 17 procedures, taking 144 days and costing 88.7% of income per capita.
• Dealing with Construction Permits: The country has 9 procedures, taking 381 days and costing 1.1% of warehouse value.
• Getting Electricity: 6 procedures, taking 178 days and costing 1,783.3% of income per capita.
• Registering Property: 9 procedures, taking 52 days and costing 2.5% of property value.
• Getting Credit: 40 DTF score, with a strength of legal rights index at 1.0 and credit registry coverage at 0.0%.
• Protecting Minority Investors: 31.67 DTF score, with shareholder governance and conflict of interest regulation indices at 3.7 and 2.7, respectively.
• Paying Taxes: 13.64 DTF score, with 70 payments per year and 65% total tax rate.
• Trading Across Borders: 6.14 DTF score, with 816 hours for border compliance and 1,330 hours for import compliance.
• Enforcing Contracts: 48.97 DTF score, with 610 days to enforce a contract and 43.7% cost of claim.
• Resolving Insolvency: 19.05 DTF score, with 4 years to resolve insolvency and 38% cost of estate.

Conclusion

The Doing Business 2016 report reveals that Venezuela, RB has a very difficult regulatory environment for small and medium-sized businesses. It lags behind most comparator economies in terms of efficiency, cost, and time required to complete business-related procedures. While some reforms have been implemented, the overall regulatory framework remains inefficient, and the country is far from the best performers in the report. The DTF score and rankings indicate that Venezuela, RB is far from the frontier, and significant improvements are needed to enhance the ease of doing business.