World Bank Country Profile


GREECE
: 2006

OECD: High Income

High Income

Ease of doing business 80

GNI per capita (US$) 16,610

Population (m) 11.0

Starting a business

 

Procedures (number)

15

Times (days)

            38

Cost (% of income per capita)

         24.6

Minimum capital (% of income per capita)

121.4

Ease of starting a business (rank)

           121

 

 

Dealing with Licenses

 

Procedures (number)

            17

Times (days)

           176

Cost (%of income per capita)

          71.9

Ease of dealing with licenses (rank)

             42

 

 

Hiring and firing workers

 

Difficulty of hiring index (0-100)

            78

Rigidity of house index (0-100)

            80

Difficulty of firing index (0-100)

            40

Rigidity of employment index (0-100)

            66

Hiring cost (% of salary)

30

Firing cost (weeks of salary)

             69

Ease of hiring and firing (rank)

            148

 

 

Registering Property

 

Procedures (number)

            12

Time (days)

              23

Cost (% of property value)

         13.7

Ease of registering property (rank)

            130

Getting Credit

 

Strength of legal rights index (0-10)

              3

Depth of credit information index (0-6)

              4

Public registry coverage (% of adults)

            0.0

Private bureau coverage (% of adults)

17.7

Ease of getting credit (rank)

83

 

 

Protecting Investors

 

Extent of disclosure index (0-10)

              1

Extent of director liability index (0-10)

              4

Ease of shareholder suits index (0-10)

              5

Strength of investor protection index (0-10)

3.3

Ease of protecting investors (rank)

            128

 

 

Paying Taxes

 

Payments (number)

            32

Time (hours per year)

            204

Total Tax payable (% of gross profit)

          47.9

Ease of paying taxes (rank)

            67

 

 

Trading across borders

 

Documents for export (number)

            7

Signatures for export (number)

            6

Time for export (days)

            29

Documents for import (number)

            11

Signatures for import (number)

            9

Time for import (days)

            34

Ease of trading across borders (rank)

            64

 

 

Enforcing contracts

 

Procedures (number)

            14

Times (days)

            151

Cost (%of debt)

           12.7

Ease of enforcing contracts (rank)

               8

 

 

Closing a business

 

Times (years)

            2

Cost (% of estate)

            9

Recovery rate (cents on the dollar)

           45.9

Ease of closing a business (rank)

            34

 

 

Source: www.worldbank.org