ARMENIA | AZERBAIJAN | GEORGIA

WB Doing business in 2006 | WEF Business competitiveness Index 2005-06
TI Corruption Perception Index 2005 | HF Index of Economic Freedom 2006
EBRD-WB Business Environment and Enterprise Performance Survey 2005 | Other Sourses



THE WORLD BANK'S DOING BUSINESS IN 2006

The Ease of Doing Business Index ranks Azerbaijan at 99th place among the 175 countries covered by the “Doing Business in 2006 – Creating Jobs” Report.

Economy
Ease of Doing
Business Ranking
Caucasus countries

Armenia

34

Georgia

37

Azerbaijan

99
Other CIS countries

Russia

96

Moldova

103

Kazakhstan

63

Ukraine

128
Countries of peer group

Lithuania

16

Latvia

24

Slovak Rep.

36

Poland

75
Global best performers
Singapore
1
New Zeland
2
USA

3

The Doing Business research implemented annually by the World Bank and International Finance Corporation is the most all-embracing, including in itself quantitative indicators on business regulations and their enforcement compared across 175 countries and over time.
The index is calculated as the ranking on the simple average of country percentile rankings on each of the 10 topics covered by the Doing Business in 2006. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
In table below Azerbaijan’s ranking for each of 10 indicators covered by Doing Business in 2006 along with description of latter’s provided.

Description of Doing Business Indictors and Azerbaijan’s rank

Indicator
Azerbaijan's rank

Starting a business
• Procedures, time, cost and minimum capital to open a new business

96
Dealing with licenses
• Procedures, time and cost of business inspections and licensing (construction industry)
162
Hiring and firing workers
• Difficulty of hiring index, rigidity of hours of index, difficulty of firing index, hiring cost and firing cost
66
Registering property
• Procedures, time and cost to register commercial real estate
59
Getting credit
• Strength of legal rights index, depth of credit information index
21
Protecting investors
• Indices on the extent of disclosure, extent of director liability and ease of shareholder suits
118
Paying taxes
• Number of taxes paid, hours per year spent preparing tax returns and total tax payable as share of gross profit
136
Trading across borders
• Number of documents, number of signatures and time necessary to export and import
158
Enforcing contracts
• Procedures, time and cost to enforce a debt contract
34
Closing a business
• Time and cost to close down a business, and recovery rate
70

More about Azerbaijan at WB Doing Business 2006


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