Ease of Doing Business in
This page summarizes Doing Business 2014 data for Libya. The first table lists the overall "Ease of Doing Business" rank (out of 189 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.
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The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.
Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.
The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).
The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.
Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.
The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.
** 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 topics including Getting Electricity across all economies 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...
***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.
Select an economy
Antigua and Barbuda
Bosnia and Herzegovina
Central African Republic
Congo, Dem. Rep.
Egypt, Arab Rep.
Hong Kong SAR, China
Iran, Islamic Rep.
Micronesia, Fed. Sts.
Papua New Guinea
Puerto Rico (U.S.)
São Tomé and Príncipe
St. Kitts and Nevis
St. Vincent and the Grenadines
Syrian Arab Republic
Trinidad and Tobago
United Arab Emirates
West Bank and Gaza
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Select a topic
Starting a Business
Dealing with Construction Permits
Trading Across Borders
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