Romania Business Environment
Romania RO: Business Extent of Disclosure Index
RO: Business Extent of Disclosure Index data was reported at 9.000 NA in 2017. This stayed constant from the previous number of 9.000 NA for 2016. RO: Business Extent of Disclosure Index data is updated yearly, averaging 9.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 9.000 NA in 2017 and a record low of 8.000 NA in 2005. RO: 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 Romania – Table RO.World Bank.WDI: 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/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 9.00 2017 | yearly | 2005 - 2017 |
View Romania's Romania RO: Business Extent of Disclosure Index from 2005 to 2017 in the chart:
Romania RO: Delay in Obtaining An Electrical Connection
RO: Delay in Obtaining An Electrical Connection data was reported at 51.800 Day in 2013. This records an increase from the previous number of 42.000 Day for 2009. RO: Delay in Obtaining An Electrical Connection data is updated yearly, averaging 32.800 Day from Dec 2002 (Median) to 2013, with 4 observations. The data reached an all-time high of 51.800 Day in 2013 and a record low of 18.500 Day in 2002. RO: Delay in Obtaining An Electrical Connection data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Business Environment. Delay in obtaining an electrical connection is 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 |
|---|---|---|
| 51.80 2013 | yearly | 2002 - 2013 |
View Romania's Romania RO: Delay in Obtaining An Electrical Connection from 2002 to 2013 in the chart:
Romania RO: Depth of Credit Information Index: 0=Low To 8=High
RO: Depth of Credit Information Index: 0=Low To 8=High data was reported at 7.000 NA in 2017. This stayed constant from the previous number of 7.000 NA for 2016. RO: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 7.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 7.000 NA in 2017 and a record low of 7.000 NA in 2017. RO: 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 Romania – Table RO.World Bank.WDI: 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/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 7.00 2017 | yearly | 2013 - 2017 |
View Romania's Romania RO: Depth of Credit Information Index: 0=Low To 8=High from 2013 to 2017 in the chart:
Romania RO: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
RO: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 72.870 NA in 2017. This records an increase from the previous number of 72.700 NA for 2016. RO: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 72.700 NA from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 72.870 NA in 2017 and a record low of 72.510 NA in 2015. RO: 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 Romania – Table RO.World Bank.WDI: Business Environment. Distance to frontier score illustrates the distance of an economy to the 'frontier,' which represents the best performance observed on each Doing Business topic across all economies and years included since 2005. An economy's distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. For example, a score of 75 in 2012 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time. A score of 80 in 2013 would indicate the economy is improving.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 72.87 2017 | yearly | 2015 - 2017 |
View Romania's Romania RO: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier from 2015 to 2017 in the chart:
Romania RO: Ease of Doing Business Index: 1=Most Business-friendly Regulations
RO: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 45.000 NA in 2017. RO: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 45.000 NA from Dec 2017 (Median) to 2017, with 1 observations. RO: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 45.00 2017 | yearly | 2017 - 2017 |
View Romania's Romania RO: Ease of Doing Business Index: 1=Most Business-friendly Regulations from 2017 to 2017 in the chart:
RO: Ease of Doing Business Rank: 1=Most Business-friendly Regulations
RO: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data was reported at 55.000 NA in 2019. RO: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data is updated yearly, averaging 55.000 NA from Dec 2019 (Median) to 2019, with 1 observations. RO: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. The ranking of economies is determined by sorting the aggregate ease of doing business scores. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation.; ; World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: bit.ly/3CLCbme; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 55.000 2019 | yearly | 2019 - 2019 |
View Romania's RO: Ease of Doing Business Rank: 1=Most Business-friendly Regulations from 2019 to 2019 in the chart:
Romania RO: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms
RO: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data was reported at 6.800 % in 2013. This records a decrease from the previous number of 12.100 % for 2009. RO: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data is updated yearly, averaging 19.750 % from Dec 2002 (Median) to 2013, with 4 observations. The data reached an all-time high of 36.100 % in 2002 and a record low of 6.800 % in 2013. RO: 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 Romania – Table RO.World Bank.WDI: 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 |
|---|---|---|
| 6.80 2013 | yearly | 2002 - 2013 |
View Romania's Romania RO: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms from 2002 to 2013 in the chart:
Romania RO: Firms Experiencing Electrical Outages: % of Firms
RO: Firms Experiencing Electrical Outages: % of Firms data was reported at 62.100 % in 2013. This records an increase from the previous number of 58.000 % for 2009. RO: Firms Experiencing Electrical Outages: % of Firms data is updated yearly, averaging 60.050 % from Dec 2009 (Median) to 2013, with 2 observations. The data reached an all-time high of 62.100 % in 2013 and a record low of 58.000 % in 2009. RO: 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 Romania – Table RO.World Bank.WDI: 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 |
|---|---|---|
| 62.10 2013 | yearly | 2009 - 2013 |
View Romania's Romania RO: Firms Experiencing Electrical Outages: % of Firms from 2009 to 2013 in the chart:
Romania RO: Labour Tax and Contributions: % of Commercial Profits
RO: Labour Tax and Contributions: % of Commercial Profits data was reported at 25.800 % in 2017. This stayed constant from the previous number of 25.800 % for 2016. RO: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 31.800 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 37.500 % in 2006 and a record low of 25.800 % in 2017. RO: 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 Romania – Table RO.World Bank.WDI: 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/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 25.80 2017 | yearly | 2005 - 2017 |
View Romania's Romania RO: Labour Tax and Contributions: % of Commercial Profits from 2005 to 2017 in the chart:
Romania RO: Other Taxes Payable by Businesses: % of Commercial Profits
RO: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 1.000 % in 2017. This stayed constant from the previous number of 1.000 % for 2016. RO: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 1.000 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 1.200 % in 2012 and a record low of 1.000 % in 2017. RO: 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 Romania – Table RO.World Bank.WDI: 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/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 1.00 2017 | yearly | 2005 - 2017 |
View Romania's Romania RO: Other Taxes Payable by Businesses: % of Commercial Profits from 2005 to 2017 in the chart:
Romania RO: Power Outages in Firms in A Typical Month
RO: Power Outages in Firms in A Typical Month data was reported at 1.400 Unit in 2013. This records a decrease from the previous number of 1.600 Unit for 2009. RO: Power Outages in Firms in A Typical Month data is updated yearly, averaging 1.500 Unit from Dec 2009 (Median) to 2013, with 2 observations. The data reached an all-time high of 1.600 Unit in 2009 and a record low of 1.400 Unit in 2013. RO: 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 Romania – Table RO.World Bank.WDI: 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 |
|---|---|---|
| 1.40 2013 | yearly | 2009 - 2013 |
View Romania's Romania RO: Power Outages in Firms in A Typical Month from 2009 to 2013 in the chart:
Romania RO: Profit Tax: % of Commercial Profits
RO: Profit Tax: % of Commercial Profits data was reported at 11.600 % in 2017. This stayed constant from the previous number of 11.600 % for 2016. RO: Profit Tax: % of Commercial Profits data is updated yearly, averaging 10.700 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 17.200 % in 2005 and a record low of 9.700 % in 2006. RO: 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 Romania – Table RO.World Bank: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 11.60 2017 | yearly | 2005 - 2017 |
View Romania's Romania RO: Profit Tax: % of Commercial Profits from 2005 to 2017 in the chart:
Romania RO: Strength of Legal Rights Index: 0=Weak To 12=Strong
RO: Strength of Legal Rights Index: 0=Weak To 12=Strong data was reported at 9.000 NA in 2017. This stayed constant from the previous number of 9.000 NA for 2016. RO: Strength of Legal Rights Index: 0=Weak To 12=Strong data is updated yearly, averaging 9.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 9.000 NA in 2017 and a record low of 9.000 NA in 2017. RO: Strength of Legal Rights Index: 0=Weak To 12=Strong data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Business Environment. Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 9.00 2017 | yearly | 2013 - 2017 |