Guyana

Ease of Doing Business in

Guyana

This page summarizes Doing Business 2013 data for the Co-operative Republic of Guyana. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Latin America & Caribbean
Income Category Lower middle income
Population 756,040
GNI Per Capita (US$) 3,202
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
114 114 0

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
58.3 58.3 0.0
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 89 80 up -9
Dealing with Construction Permits 29 25 up -4
Getting Electricity 148 142 up -6
Registering Property 114 106 up -8
Getting Credit 167 165 up -2
Protecting Investors 82 79 up -3
Paying Taxes 118 113 up -5
Trading Across Borders 84 81 up -3
Enforcing Contracts 75 74 up -1
Resolving Insolvency 138 141 up 3

Economy Profile

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Dealing with Construction Permits

Info

Shown below are the procedures, time, and costs to build a warehouse, including obtaining necessary licenses and permits, completing required notifications and inspections, and obtaining utility connections.

DB 2013 Rank 29 DB 2012 Rank 25 Change in Rank down-4
DB 2013 DTF** (% points) 84.0 DB 2012 DTF** (% points) 84.0 Improvement in DTF** (% points) 0.0
Indicator Guyana Latin America & Caribbean OECD

The total number of procedures required to build a warehouse. A procedure is any interaction of the company’s employees or managers with external parties.

View methodology Procedures (number)
8 13 14

The total number of days required to build a warehouse. The measure captures the median duration that local experts indicate is necessary to complete a procedure in practice.

View methodology Time (days)
195 225 143

Cost is recorded as a percentage of the economy’s income per capita. Only official costs are recorded.

View methodology Cost (% of income per capita)
18.3 143.7 78.7
No. Procedure Time to Complete Associated Costs
1 Obtain building permit from Mayor and City Council 90 days GYD 25,000
* 2 Obtain planning permit from Central Housing and Planning Authority 90 days GYD 30,000
* 3 Follow up with Fire Department on building permit 90 days no charge
* 4 Request partial project clearance from Environmental Protection Agency (EPA) 5 days no charge
5 Receive inspection and obtain approval upon completion of project from fire department 60 days no charge
6 Obtain sewage connection from Guyana Water Inc. 43 days GYD 20,000
* 7 Obtain water connection from Guyana Water Inc. 14 days GYD 40,000
* 8 Request and obtain phone connection from Guyana Telephone and Telegraph 30 days GYD 5,000
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. 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. Read more...

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