Antarctica | Wales | Saint Pierre and Miquelon | British Indian Ocean Territory | Republic of Kosovo | United States Minor Outlying Islands | Republic of Nauru | Isle of Man | Hong Kong Special Administrative Region of the People's Republic of China | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of Namibia | Greenland | Vatican City State | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Republic of the Marshall Islands | Tokelau | England | Northern Ireland | Territory of the French Southern and Antarctic Lands | Bailiwick of Guernsey | Scotland | Principality of Monaco | Territory of Heard Island and McDonald Islands | South Georgia and the South Sandwich Islands | Falkland Islands | Bailiwick of Jersey | Åland Islands | Svalbard and Jan Mayen | Collectivity of Saint-Barthélemy | Territory of the Cocos (Keeling) Islands | Territory of the Wallis and Futuna Islands | Western Sahara | Bouvet Island | Department of Mayotte | Territory of Christmas Island | Price of electricity (US cents per kWh) (DB16-20 methodology)
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies. Development relevance: Infrastructure services are a major concern for businesses around the world. Getting electricity services in particular is known to be a substantial obstacle to entrepreneurial activity. Power outages can severely hamper business activity as well as the economy as a whole. For example, power outages can lead to sale losses and decreases in productivity. Research also shows that capital tends to go to economies that can offer a reliable and competitively priced supply of electricity. That is why, by providing insight into the complex regulatory environment concerning electricity connections and measuring how regulations and institutions affect a firm's ability to get a new connection, Doing Business can thus help identify bottlenecks and prompt policy makers to introduce more conducive regulations. Limitations and exceptions: The Doing Business methodology has five limitations that should be considered when interpreting the data. First, for most economies the collected data refer to businesses in the largest business city and may not be representative of regulation in other parts of the economy. Second, the data often focus on a specific business form—generally a limited liability company (or its legal equivalent) of a specified size—and may not be representative of the regulation on other businesses. Third, transactions described in a standardized case scenario refer to a specific set of issues and may not represent the full set of issues that a business encounters. Fourth, the measures of time involve an element of judgment by the expert respondents. When sources indicate different estimates, the time indicators reported in Doing Business represent the median values of several responses given under the assumptions of the standardized case. Finally, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures. In practice, completing a procedure may take longer if the business lacks information or is unable to follow up promptly. Alternatively, the business may choose to disregard some burdensome procedures. For both reasons the time delays reported in Doing Business would differ from the recollection of entrepreneurs reported in the World Bank Group Enterprise questionnaires or other firm-level questionnaires.. Statistical concept and methodology: Data are collected by the World Bank Group with a standardized questionnaire that uses a simple business case to ensure comparability across economies and over time—with assumptions about the legal form of the business, its size, its location and nature of its operation. Questionnaires are administered to more than 13,800 local experts, including lawyers, business consultants, accountants, freight forwarders, government officials and other professionals routinely administering or advising on legal and regulatory requirements. The Doing Business data are based on a detailed reading of domestic laws, regulations and administrative requirements as well as their implementation in practice as experienced by private firms. The report covers 190 economies—including some of the smallest and poorest economies, for which little or no data are available from other sources. The data are collected through several rounds of communication with expert respondents (both private sector practitioners and government officials), through responses to questionnaires, conference calls, written correspondence and visits by the team. Doing Business relies on four main sources of information: the relevant laws and regulations, Doing Business respondents, the governments of the economies covered and the World Bank Group regional staff.
Publisher
The World Bank
Origin
Territory of Christmas Island
Records
17
Source
Create chart Download showed records Download Full dataset
Antarctica | Wales | Saint Pierre and Miquelon | British Indian Ocean Territory | Republic of Kosovo | United States Minor Outlying Islands | Republic of Nauru | Isle of Man | Hong Kong Special Administrative Region of the People's Republic of China | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of Namibia | Greenland | Vatican City State | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Republic of the Marshall Islands | Tokelau | England | Northern Ireland | Territory of the French Southern and Antarctic Lands | Bailiwick of Guernsey | Scotland | Principality of Monaco | Territory of Heard Island and McDonald Islands | South Georgia and the South Sandwich Islands | Falkland Islands | Bailiwick of Jersey | Åland Islands | Svalbard and Jan Mayen | Collectivity of Saint-Barthélemy | Territory of the Cocos (Keeling) Islands | Territory of the Wallis and Futuna Islands | Western Sahara | Bouvet Island | Department of Mayotte | Territory of Christmas Island | Price of electricity (US cents per kWh) (DB16-20 methodology)
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015 15
2016 16.3
2017 13.5
2018 12.8
2019 12.1
2020 9.5
Antarctica | Wales | Saint Pierre and Miquelon | British Indian Ocean Territory | Republic of Kosovo | United States Minor Outlying Islands | Republic of Nauru | Isle of Man | Hong Kong Special Administrative Region of the People's Republic of China | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of Namibia | Greenland | Vatican City State | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Republic of the Marshall Islands | Tokelau | England | Northern Ireland | Territory of the French Southern and Antarctic Lands | Bailiwick of Guernsey | Scotland | Principality of Monaco | Territory of Heard Island and McDonald Islands | South Georgia and the South Sandwich Islands | Falkland Islands | Bailiwick of Jersey | Åland Islands | Svalbard and Jan Mayen | Collectivity of Saint-Barthélemy | Territory of the Cocos (Keeling) Islands | Territory of the Wallis and Futuna Islands | Western Sahara | Bouvet Island | Department of Mayotte | Territory of Christmas Island | Price of electricity (US cents per kWh) (DB16-20 methodology)
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies. Development relevance: Infrastructure services are a major concern for businesses around the world. Getting electricity services in particular is known to be a substantial obstacle to entrepreneurial activity. Power outages can severely hamper business activity as well as the economy as a whole. For example, power outages can lead to sale losses and decreases in productivity. Research also shows that capital tends to go to economies that can offer a reliable and competitively priced supply of electricity. That is why, by providing insight into the complex regulatory environment concerning electricity connections and measuring how regulations and institutions affect a firm's ability to get a new connection, Doing Business can thus help identify bottlenecks and prompt policy makers to introduce more conducive regulations. Limitations and exceptions: The Doing Business methodology has five limitations that should be considered when interpreting the data. First, for most economies the collected data refer to businesses in the largest business city and may not be representative of regulation in other parts of the economy. Second, the data often focus on a specific business form—generally a limited liability company (or its legal equivalent) of a specified size—and may not be representative of the regulation on other businesses. Third, transactions described in a standardized case scenario refer to a specific set of issues and may not represent the full set of issues that a business encounters. Fourth, the measures of time involve an element of judgment by the expert respondents. When sources indicate different estimates, the time indicators reported in Doing Business represent the median values of several responses given under the assumptions of the standardized case. Finally, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures. In practice, completing a procedure may take longer if the business lacks information or is unable to follow up promptly. Alternatively, the business may choose to disregard some burdensome procedures. For both reasons the time delays reported in Doing Business would differ from the recollection of entrepreneurs reported in the World Bank Group Enterprise questionnaires or other firm-level questionnaires.. Statistical concept and methodology: Data are collected by the World Bank Group with a standardized questionnaire that uses a simple business case to ensure comparability across economies and over time—with assumptions about the legal form of the business, its size, its location and nature of its operation. Questionnaires are administered to more than 13,800 local experts, including lawyers, business consultants, accountants, freight forwarders, government officials and other professionals routinely administering or advising on legal and regulatory requirements. The Doing Business data are based on a detailed reading of domestic laws, regulations and administrative requirements as well as their implementation in practice as experienced by private firms. The report covers 190 economies—including some of the smallest and poorest economies, for which little or no data are available from other sources. The data are collected through several rounds of communication with expert respondents (both private sector practitioners and government officials), through responses to questionnaires, conference calls, written correspondence and visits by the team. Doing Business relies on four main sources of information: the relevant laws and regulations, Doing Business respondents, the governments of the economies covered and the World Bank Group regional staff.
Publisher
The World Bank
Origin
Territory of Christmas Island
Records
17
Source
Create chart Download showed records Download Full dataset