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

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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Getting Electricity

Info

The challenges required for a business to obtain a permanent electricity connection for a newly constructed warehouse are shown below. Included are the number of steps, time, and cost.

DB 2013 Rank 148 DB 2012 Rank 142 Change in Rank down-6
DB 2013 DTF** (% points) 58.5 DB 2012 DTF** (% points) 58.6 Improvement in DTF** (% points) down-0.1
Indicator Guyana Latin America & Caribbean OECD

The number of procedures to obtain a permanent electricity connection. A procedure is defined as any interaction of the company employees or the company’s main electrician with external parties.

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Procedures (number)
7 5 5

The number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

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Time (days)
109 66 98

The cost is recorded as a percentage of the economy’s income per capita. Costs are recorded exclusive of value added tax.

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Cost (% of income per capita)
542.9 559.0 93.0
No. Procedure Time to Complete Associated Costs
1 Obtain internal wiring certificate from Electrical Inspectorate Division within Ministry of Works and Communication 4 calendar days GYD 50,000.0
2 Submit application at the Commercial Office of Guyana Power and Light Inc. (GPL), await estimate and pay security deposit 42 calendar days GYD 856,090.5
* 3 Receive external inspection of the site by Guyana Power and Light Inc. (GPL) 1 calendar day no charge
* 4 Receive second external inspection by GPL 1 calendar day no charge
5 Customer applies for supply of electricity at Guyana Power and Light Inc. (GPL) and receives acceptance of offer form 21 calendar days no charge
* 6 Customer purchases distribution transformer, gets it tested at GPL and installs LV lines 6 calendar days GYD 2,646,992.0
7 Receive external connection works and meter installation by Guyana Power and Light Inc. (GPL) 42 calendar days no charge
* 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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