Labor & Business
Cost of business start-up procedures (% of GNI per capita)
Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.
World Bank code: IC.REG.COST.PC.ZS
What this measures:
Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.
How "Labor & Business" indicators are measured
Labor market indicators rely on household labor force surveys, which are conducted infrequently in many countries — annual data for some economies is partly modeled. Unemployment rates are particularly sensitive to definitions (ILO-standard versus national-standard, including or excluding discouraged workers). Informal-sector employment is undercounted in many low-income economies.
Source: World Bank Open Data (IC.REG.COST.PC.ZS), CC BY 4.0. Rankings show countries with available data for .