Cyprus Governance: Business Environment
CY: Business Extent of Disclosure Index
CY: Business Extent of Disclosure Index data was reported at 9.000 NA in 2019. This stayed constant from the previous number of 9.000 NA for 2018. CY: Business Extent of Disclosure Index data is updated yearly, averaging 8.000 NA from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 9.000 NA in 2019 and a record low of 4.000 NA in 2010. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 9.000 2019 | yearly | 2005 - 2019 |
View Cyprus's CY: Business Extent of Disclosure Index from 2005 to 2019 in the chart:
CY: Depth of Credit Information Index: 0=Low To 8=High
CY: Depth of Credit Information Index: 0=Low To 8=High data was reported at 5.000 NA in 2019. This stayed constant from the previous number of 5.000 NA for 2018. CY: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 5.000 NA from Dec 2013 (Median) to 2019, with 7 observations. The data reached an all-time high of 6.000 NA in 2015 and a record low of 3.000 NA in 2013. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 5.000 2019 | yearly | 2013 - 2019 |
View Cyprus's CY: Depth of Credit Information Index: 0=Low To 8=High from 2013 to 2019 in the chart:
CY: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
CY: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 73.351 NA in 2019. This records an increase from the previous number of 72.777 NA for 2018. CY: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 72.314 NA from Dec 2015 (Median) to 2019, with 5 observations. The data reached an all-time high of 73.351 NA in 2019 and a record low of 71.954 NA in 2015. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: Business Environment. The ease of doing business scores benchmark economies with respect to regulatory best practice, showing the proximity to the best regulatory performance on each Doing Business indicator. An economy’s score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 73.351 2019 | yearly | 2015 - 2019 |
View Cyprus's CY: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier from 2015 to 2019 in the chart:
CY: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms
CY: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data was reported at 0.000 % in 2019. CY: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data is updated yearly, averaging 0.000 % from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of 0.000 % in 2019 and a record low of 0.000 % in 2019. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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 |
|---|---|---|
| 0.000 2019 | yearly | 2019 - 2019 |
View Cyprus's CY: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms from 2019 to 2019 in the chart:
CY: Firms Experiencing Electrical Outages: % of Firms
CY: Firms Experiencing Electrical Outages: % of Firms data was reported at 14.500 % in 2019. CY: Firms Experiencing Electrical Outages: % of Firms data is updated yearly, averaging 14.500 % from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of 14.500 % in 2019 and a record low of 14.500 % in 2019. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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 |
|---|---|---|
| 14.500 2019 | yearly | 2019 - 2019 |
View Cyprus's CY: Firms Experiencing Electrical Outages: % of Firms from 2019 to 2019 in the chart:
CY: Labour Tax and Contributions: % of Commercial Profits
CY: Labour Tax and Contributions: % of Commercial Profits data was reported at 13.000 % in 2019. This stayed constant from the previous number of 13.000 % for 2018. CY: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 11.950 % from Dec 2008 (Median) to 2019, with 12 observations. The data reached an all-time high of 13.400 % in 2017 and a record low of 11.500 % in 2009. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 13.000 2019 | yearly | 2008 - 2019 |
View Cyprus's CY: Labour Tax and Contributions: % of Commercial Profits from 2008 to 2019 in the chart:
CY: Other Taxes Payable by Businesses: % of Commercial Profits
CY: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 1.100 % in 2019. This stayed constant from the previous number of 1.100 % for 2018. CY: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 1.100 % from Dec 2008 (Median) to 2019, with 12 observations. The data reached an all-time high of 1.300 % in 2009 and a record low of 0.500 % in 2011. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 1.100 2019 | yearly | 2008 - 2019 |
View Cyprus's CY: Other Taxes Payable by Businesses: % of Commercial Profits from 2008 to 2019 in the chart:
CY: Power Outages in Firms in A Typical Month
CY: Power Outages in Firms in A Typical Month data was reported at 0.200 Unit in 2019. CY: Power Outages in Firms in A Typical Month data is updated yearly, averaging 0.200 Unit from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of 0.200 Unit in 2019 and a record low of 0.200 Unit in 2019. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: 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 |
|---|---|---|
| 0.200 2019 | yearly | 2019 - 2019 |
View Cyprus's CY: Power Outages in Firms in A Typical Month from 2019 to 2019 in the chart:
CY: Profit Tax: % of Commercial Profits
CY: Profit Tax: % of Commercial Profits data was reported at 8.300 % in 2019. This records an increase from the previous number of 8.100 % for 2018. CY: Profit Tax: % of Commercial Profits data is updated yearly, averaging 9.150 % from Dec 2008 (Median) to 2019, with 12 observations. The data reached an all-time high of 9.600 % in 2016 and a record low of 7.800 % in 2009. CY: 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 Cyprus – Table CY.World Bank.WDI: Governance: Business Environment. Profit tax is the amount of taxes on profits paid by the business.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 8.300 2019 | yearly | 2008 - 2019 |
View Cyprus's CY: Profit Tax: % of Commercial Profits from 2008 to 2019 in the chart:
CY: Time To Obtain an Electrical Connection
CY: Time To Obtain an Electrical Connection data was reported at 58.000 Day in 2019. CY: Time To Obtain an Electrical Connection data is updated yearly, averaging 58.000 Day from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of 58.000 Day in 2019 and a record low of 58.000 Day in 2019. CY: Time To Obtain an Electrical Connection data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Governance: Business Environment. 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 |
|---|---|---|
| 58.000 2019 | yearly | 2019 - 2019 |