Laos Business Environment
Laos LA: Business Extent of Disclosure Index
LA: Business Extent of Disclosure Index data was reported at 6.000 NA in 2017. This stayed constant from the previous number of 6.000 NA for 2016. LA: Business Extent of Disclosure Index data is updated yearly, averaging 2.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 6.000 NA in 2017 and a record low of 2.000 NA in 2013. LA: Business Extent of Disclosure Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 6.00 2017 | yearly | 2005 - 2017 |
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Laos LA: Delay in Obtaining An Electrical Connection
LA: Delay in Obtaining An Electrical Connection data was reported at 23.400 Day in 2016. This records an increase from the previous number of 22.700 Day for 2012. LA: Delay in Obtaining An Electrical Connection data is updated yearly, averaging 23.050 Day from Dec 2012 (Median) to 2016, with 2 observations. The data reached an all-time high of 23.400 Day in 2016 and a record low of 22.700 Day in 2012. LA: Delay in Obtaining An Electrical Connection data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Delay in obtaining an electrical connection is the average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 23.40 2016 | yearly | 2012 - 2016 |
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Laos LA: Depth of Credit Information Index: 0=Low To 8=High
LA: Depth of Credit Information Index: 0=Low To 8=High data was reported at 5.000 NA in 2017. This stayed constant from the previous number of 5.000 NA for 2016. LA: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 5.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 5.000 NA in 2017 and a record low of 0.000 NA in 2014. LA: Depth of Credit Information Index: 0=Low To 8=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 5.00 2017 | yearly | 2013 - 2017 |
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Laos LA: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
LA: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 53.010 NA in 2017. This records an increase from the previous number of 52.580 NA for 2016. LA: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 52.580 NA from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 53.010 NA in 2017 and a record low of 51.720 NA in 2015. LA: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Distance to frontier score illustrates the distance of an economy to the 'frontier,' which represents the best performance observed on each Doing Business topic across all economies and years included since 2005. An economy's distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. For example, a score of 75 in 2012 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time. A score of 80 in 2013 would indicate the economy is improving.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 53.01 2017 | yearly | 2015 - 2017 |
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Laos LA: Ease of Doing Business Index: 1=Most Business-friendly Regulations
LA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 141.000 NA in 2017. LA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 141.000 NA from Dec 2017 (Median) to 2017, with 1 observations. LA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 141.00 2017 | yearly | 2017 - 2017 |
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Laos LA: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms
LA: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data was reported at 13.700 % in 2016. This records a decrease from the previous number of 23.500 % for 2012. LA: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data is updated yearly, averaging 23.500 % from Dec 2009 (Median) to 2016, with 3 observations. The data reached an all-time high of 26.200 % in 2009 and a record low of 13.700 % in 2016. LA: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question 'was a gift or informal payment expected or requested during a meeting with tax officials?'; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 13.70 2016 | yearly | 2009 - 2016 |
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Laos LA: Firms Experiencing Electrical Outages: % of Firms
LA: Firms Experiencing Electrical Outages: % of Firms data was reported at 51.900 % in 2016. This records a decrease from the previous number of 88.700 % for 2012. LA: Firms Experiencing Electrical Outages: % of Firms data is updated yearly, averaging 51.900 % from Dec 2009 (Median) to 2016, with 3 observations. The data reached an all-time high of 88.700 % in 2012 and a record low of 1.100 % in 2009. LA: Firms Experiencing Electrical Outages: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Percent of firms experiencing electrical outages during the previous fiscal year.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 51.90 2016 | yearly | 2009 - 2016 |
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Laos LA: Labour Tax and Contributions: % of Commercial Profits
LA: Labour Tax and Contributions: % of Commercial Profits data was reported at 6.800 % in 2017. This stayed constant from the previous number of 6.800 % for 2016. LA: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 5.600 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 6.800 % in 2017 and a record low of 5.600 % in 2015. LA: Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 6.80 2017 | yearly | 2005 - 2017 |
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Laos LA: Other Taxes Payable by Businesses: % of Commercial Profits
LA: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 3.700 % in 2017. This stayed constant from the previous number of 3.700 % for 2016. LA: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 2.500 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 3.700 % in 2017 and a record low of 0.600 % in 2013. LA: Other Taxes Payable by Businesses: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 3.70 2017 | yearly | 2005 - 2017 |
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Laos LA: Power Outages in Firms in A Typical Month
LA: Power Outages in Firms in A Typical Month data was reported at 0.900 Unit in 2016. This records a decrease from the previous number of 2.300 Unit for 2012. LA: Power Outages in Firms in A Typical Month data is updated yearly, averaging 0.900 Unit from Dec 2009 (Median) to 2016, with 3 observations. The data reached an all-time high of 2.300 Unit in 2012 and a record low of 0.000 Unit in 2009. LA: Power Outages in Firms in A Typical Month data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Business Environment. Power outages are the average number of power outages that establishments experience in a typical month.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.90 2016 | yearly | 2009 - 2016 |
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Laos LA: Profit Tax: % of Commercial Profits
LA: Profit Tax: % of Commercial Profits data was reported at 15.800 % in 2017. This stayed constant from the previous number of 15.800 % for 2016. LA: Profit Tax: % of Commercial Profits data is updated yearly, averaging 25.100 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 27.100 % in 2007 and a record low of 15.800 % in 2017. LA: Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 15.80 2017 | yearly | 2005 - 2017 |
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Laos LA: Strength of Legal Rights Index: 0=Weak To 12=Strong
LA: Strength of Legal Rights Index: 0=Weak To 12=Strong data was reported at 6.000 NA in 2017. This stayed constant from the previous number of 6.000 NA for 2016. LA: Strength of Legal Rights Index: 0=Weak To 12=Strong data is updated yearly, averaging 6.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 6.000 NA in 2017 and a record low of 2.000 NA in 2013. LA: Strength of Legal Rights Index: 0=Weak To 12=Strong data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Business Environment. Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 6.00 2017 | yearly | 2013 - 2017 |