Private Sector Development

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1 From World Development Indicators The Little Data Book on Private Sector Development

2 2008 THE LITTLE DATA BOOK ON PUBLIC SECTOR DEVELOPMENT

3 Copyright 2008 by the International Bank for Reconstruction and Development/THE WORLD BANK 1818 H Street, N.W., Washington, D.C U.S.A. All rights reserved Manufactured in the United States of America First printing May 2008 ISBN: E-ISBN: DOI: / The Little Data Book on Private Sector Development 2008 is a product of the Development Data Group of the Development Economics Vice Presidency and the Investment Climate Department of the Financial and Private Sector Development Vice Presidency of the World Bank Group. Editing, design, and layout by Communications Development Incorporated, Washington, D.C. Cover design by Peter Grundy Art & Design, London, U.K.

4 Contents Acknowledgments iv Preface v Data notes vi Regional tables World East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa Income tables Low income Middle income Lower middle income Upper middle income Low and middle income Euro area High income Country tables (in alphabetical order) Glossary The Little Data Book on Private Sector Development 2008 iii

5 Acknowledgments The Little Data Book on Private Sector Development 2008 is based on World Development Indicators 2008 and its accompanying CD-ROM, with a focus on the private sector in development. The Little Data Book on Private Sector Development 2008 is the result of close collaboration between the staff of the World Bank s Development Data Group of the Development Economics Vice Presidency and the Investment Climate Department of the Financial and Private Sector Development Vice Presidency. The Development Data Group team included David Cieslikowski, Richard Fix, Buyant Erdene Khaltarkhuu, Raymond Muhula, Beatriz Prieto-Oramas, and William Prince. The Investment Climate Department s project coordinator was Shokraneh Minovi. This effort benefited from input by Leora Klapper, Anjali Kumar, Veselin Kuntchev, and Jorge Luis Rodriquez Meza. The work was carried out under the management of Shaida Badiee, director of the Development Data Group, and Pierre Guislain, director of the Investment Climate Department. Meta de Coquereaumont, Christopher Trott, and Elaine Wilson of Communications Development Incorporated provided design, editing, and layout. Staff from External Affairs oversaw publication and dissemination of the book. iv 2008 The Little Data Book on Private Sector Development

6 Preface Publication of this edition of The Little Data Book on Private Sector Development coincides with continued rising interest in private sector development and growing understanding of the links between private sector development and economic growth. Well functioning finance markets and a robust private sector play critical roles in increasing productivity and growth and in spreading equality of opportunity. The availability of cross-country data on the business environment has expanded rapidly in recent years, including data from the World Bank s Doing Business project and Enterprise Surveys. These data sources report on the scope and types of regulations that enhance and constrain business activity and provide information on business owners assessments of the business environment. The data have led to new research, enabled benchmarking, and informed the reform process in many developing countries. Included in this guide are indicators on the economic and social context, the business environment, private sector investment, finance and banking, and infrastructure. Though not all relevant variables can be included in a pocket guide, the indicators that are included provide users with a general understanding of the private sector in each country. Indicators displayed in the tables are defined in the Glossary, which also lists data sources. We welcome your suggestions for how to improve future editions and make them more useful. The Little Data Book on Private Sector Development 2008 v

7 Data notes The data in this book are for 2000 and 2006 or the most recent year unless otherwise noted in the Glossary. Growth rates are proportional changes from the previous year unless otherwise noted. Regional aggregates include data for low- and middle-income economies only. Figures in italics indicate data for years or periods other than those specified. Symbols used:.. indicates that data are not available or that aggregates cannot be calculated because of missing data. 0 or 0.0 indicates zero or small enough that the number would round to zero at the displayed number of decimal places. $ indicates current U.S. dollars. Data are shown for economies with populations greater than 30,000 or for smaller economies if they are members of the World Bank. The term country (used interchangeably with economy) does not imply political independence or official recognition by the World Bank but refers to any economy for which the authorities report separate social or economic statistics. In keeping with World Development Indicators 2008, this edition of The Little Data Book on Private Sector Development uses terminology in line with the 1993 System of National Accounts (SNA). vi 2008 The Little Data Book on Private Sector Development

8 Regional tables The country composition of regions is based on the World Bank s analytical regions and may differ from common geographic usage. East Asia and Pacific American Samoa, Cambodia, China, Fiji, Indonesia, Kiribati, Democratic Republic of Korea, Lao People s Democratic Republic, Malaysia, Marshall Islands, Federated States of Micronesia, Mongolia, Myanmar, Northern Mariana Islands, Palau, Papua New Guinea, Philippines, Samoa, Solomon Islands, Thailand, Timor-Leste, Tonga, Vanuatu, Vietnam Europe and Central Asia Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Georgia, Hungary, Kazakhstan, Kyrgyz Republic, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Moldova, Montenegro, Poland, Romania, Russian Federation, Serbia, Slovak Republic, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan Latin America and the Caribbean Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Uruguay, Bolivarian Republic of Venezuela Middle East and North Africa Algeria, Djibouti, Arab Republic of Egypt, Islamic Republic of Iran, Iraq, Jordan, Lebanon, Libya, Morocco, Oman, Syrian Arab Republic, Tunisia, West Bank and Gaza, Republic of Yemen South Asia Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka Sub-Saharan Africa Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Republic of Congo, Côte d Ivoire, Equatorial Guinea, Eritrea, Ethiopia, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe The Little Data Book on Private Sector Development

9 World , , , , ,252 7, , , ,389 2, The Little Data Book on Private Sector Development

10 East Asia & Pacific , , , , ,027 18, , The Little Data Book on Private Sector Development

11 Europe & Central Asia ,965 4, ,117 22, ,276 3, The Little Data Book on Private Sector Development

12 Latin America & Caribbean ,766 4, ,377 27, ,580 1, The Little Data Book on Private Sector Development

13 Middle East & North Africa ,684 2, ,115 10, ,077 1, The Little Data Book on Private Sector Development

14 South Asia , , ,451 21, The Little Data Book on Private Sector Development

15 Sub-Saharan Africa ,166 12, The Little Data Book on Private Sector Development

16 Income tables For operational and analytical purposes the World Bank s main criterion for classifying economies is gross national income (GNI) per capita. Every economy in The Little Data Book on Private Sector Development is classified as low income, middle income, or high income. Low- and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the are experiencing similar development or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status. Low-income economies are those with a GNI per capita of $905 or less in Middle-income economies are those with a GNI per capita of more than $905 but less than $11,116. Lower-middle-income and upper-middle-income economies are separated at a GNI per capita of $3,595. High-income economies are those with a GNI per capita of $11,116 or more. Euro area includes the member states of the Economic and Monetary Union of the European Union that have adopted the euro as their currency: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia, and Spain. The Little Data Book on Private Sector Development

17 Low income , , ,907 29, The Little Data Book on Private Sector Development

18 Middle income , , , , ,725 3, ,346 84, ,464 1, The Little Data Book on Private Sector Development

19 Lower middle income , , , , ,055 2, ,801 38, , The Little Data Book on Private Sector Development

20 Upper middle income ,588 5, ,545 45, ,855 3, The Little Data Book on Private Sector Development

21 Low and middle income , , , , ,154 1, , , ,004 1, The Little Data Book on Private Sector Development

22 Euro area ,314 34, ,410 6, The Little Data Book on Private Sector Development

23 High income , ,365 36, , ,265 9, The Little Data Book on Private Sector Development

24 Country tables China Unless otherwise noted, data for China do not include data for Hong Kong, China; Macao, China; or Taiwan, China. Montenegro Montenegro declared independence from Serbia and Montenegro on June 3, Where available, data for each country are shown separately. Serbia Some indicators for Serbia prior to 2006 include data for Montenegro. Moreover, data for most indicators from 1999 onward for Serbia exclude data for Kosovo, a territory within Serbia that is currently under international administration pursuant to UN Security Council Resolution 1244 (1999). The Little Data Book on Private Sector Development

25 Afghanistan South Asia Low income Lowincome 2, , The Little Data Book on Private Sector Development

26 Europe & Central Asia Albania Lower middle income Lower middleincome , , ,170 2,930 2, ,094 38, ,191 1,167 1, The Little Data Book on Private Sector Development

27 Algeria Middle East & North Africa Lower middle income Lower middleincome , , ,610 3,030 2, ,022 38, , The Little Data Book on Private Sector Development

28 East Asia & Pacific American Samoa Upper middle income Upper middleincome , , , The Little Data Book on Private Sector Development

29 Andorra High income Highincome , , , The Little Data Book on Private Sector Development

30 Sub-Saharan Africa Angola Lower middle income Lower middleincome , , ,970 2, , , The Little Data Book on Private Sector Development

31 Antigua and Barbuda High income Highincome , ,100 11,050 36, , The Little Data Book on Private Sector Development

32 Latin America & Caribbean Argentina Upper middle income Upper middleincome ,470 5,150 5, ,863 3,160 45, ,087 2,418 3, The Little Data Book on Private Sector Development

33 Armenia Europe & Central Asia Lower middle income Lower middleincome , , ,920 2, , ,292 1,503 1, The Little Data Book on Private Sector Development

34 Aruba High income Highincome , , , The Little Data Book on Private Sector Development

35 Australia High income Highincome , ,720 35,860 36, ,055 11,481 9, The Little Data Book on Private Sector Development

36 Austria High income Highincome , ,010 39,750 36, ,107 7,889 9, The Little Data Book on Private Sector Development

37 Azerbaijan Europe & Central Asia Lower middle income Lower middleincome , , ,840 2, , ,040 2,407 1, The Little Data Book on Private Sector Development

38 Bahamas, The High income Highincome , , , , The Little Data Book on Private Sector Development

39 Bahrain High income Highincome , ,740 19,350 36, ,830 11,401 9, The Little Data Book on Private Sector Development

40 South Asia Bangladesh Low income Lowincome , , The Little Data Book on Private Sector Development

41 Barbados High income Highincome , , , , The Little Data Book on Private Sector Development

42 Europe & Central Asia Belarus Lower middle income Lower middleincome , , ,380 3,470 2, , , ,989 3,209 1, The Little Data Book on Private Sector Development

43 Belgium High income Highincome , ,360 38,460 36, ,247 8,510 9, The Little Data Book on Private Sector Development

44 Latin America & Caribbean Belize Upper middle income Upper middleincome ,090 3,740 5, , , The Little Data Book on Private Sector Development

45 Benin Sub-Saharan Africa Low income Lowincome , , The Little Data Book on Private Sector Development

46 Bermuda High income Highincome , , , , The Little Data Book on Private Sector Development

47 Bhutan South Asia Lower middle income Lower middleincome , , ,430 2, , , The Little Data Book on Private Sector Development

48 Latin America & Caribbean Bolivia Lower middle income Lower middleincome , , ,000 1,100 2, , , The Little Data Book on Private Sector Development

49 Bosnia and Herzegovina Europe & Central Asia Lower middle income Lower middleincome , , ,520 3,230 2, , ,011 2,316 1, The Little Data Book on Private Sector Development

50 Sub-Saharan Africa Botswana Upper middle income Upper middleincome ,310 5,570 5, , ,406 3, The Little Data Book on Private Sector Development

51 Brazil Latin America & Caribbean Upper middle income Upper middleincome ,870 4,710 5, ,075 9,835 45, ,894 2,008 3, The Little Data Book on Private Sector Development

52 Brunei Darussalam High income Highincome , ,670 26,930 36, ,539 7,498 9, The Little Data Book on Private Sector Development

53 Bulgaria Europe & Central Asia Upper middle income Upper middleincome ,600 3,990 5, ,507 45, ,724 4,121 3, The Little Data Book on Private Sector Development

54 Sub-Saharan Africa Burkina Faso Low income Lowincome , , The Little Data Book on Private Sector Development

55 Burundi Sub-Saharan Africa Low income Lowincome , , , The Little Data Book on Private Sector Development

56 East Asia & Pacific Cambodia Low income Lowincome , , , , The Little Data Book on Private Sector Development

57 Cameroon Sub-Saharan Africa Lower middle income Lower middleincome , , , , , The Little Data Book on Private Sector Development

58 Canada High income Highincome , ,130 36,650 36, ,986 17,285 9, The Little Data Book on Private Sector Development

59 Cape Verde Sub-Saharan Africa Lower middle income Lower middleincome , , ,280 2,130 2, , , The Little Data Book on Private Sector Development

60 Cayman Islands High income Highincome , , , The Little Data Book on Private Sector Development

61 Central African Republic Sub-Saharan Africa Low income Lowincome , , The Little Data Book on Private Sector Development

62 Sub-Saharan Africa Chad Low income Lowincome , , The Little Data Book on Private Sector Development

63 Channel Islands High income Highincome , , , The Little Data Book on Private Sector Development

64 Latin America & Caribbean Chile Upper middle income Upper middleincome ,850 6,810 5, , , ,488 3,074 3, The Little Data Book on Private Sector Development

65 China East Asia & Pacific Lower middle income Lower middleincome 1, , , , ,000 2, ,131 8,287 38, ,781 1, The Little Data Book on Private Sector Development

66 Latin America & Caribbean Colombia Lower middle income Lower middleincome , , ,080 3,120 2, , , ,032 2,808 38, , The Little Data Book on Private Sector Development

67 Comoros Sub-Saharan Africa Low income Lowincome , , The Little Data Book on Private Sector Development

68 Sub-Saharan Africa Congo, Dem. Rep. Low income Lowincome , , The Little Data Book on Private Sector Development

69 Congo, Rep. Sub-Saharan Africa Lower middle income Lower middleincome , , ,050 2, , , The Little Data Book on Private Sector Development

70 Latin America & Caribbean Costa Rica Upper middle income Upper middleincome ,710 4,980 5, , ,518 1,719 3, The Little Data Book on Private Sector Development

71 Côte d Ivoire Sub-Saharan Africa Low income Lowincome , , The Little Data Book on Private Sector Development

72 Europe & Central Asia Croatia Upper middle income Upper middleincome ,360 9,310 5, , ,792 3,475 3, The Little Data Book on Private Sector Development

73 Cuba Latin America & Caribbean Lower middle income Lower middleincome , , , , ,136 1,152 1, The Little Data Book on Private Sector Development

74 Cyprus High income Highincome , ,440 23,270 36, ,585 5,560 9, The Little Data Book on Private Sector Development

75 Czech Republic High income Highincome , ,800 12,790 36, , ,694 6,343 9, The Little Data Book on Private Sector Development

76 Denmark High income Highincome , ,850 52,110 36, ,484 6,663 9, The Little Data Book on Private Sector Development

77 Djibouti Middle East & North Africa Lower middle income Lower middleincome , , ,060 2, , , The Little Data Book on Private Sector Development

78 Latin America & Caribbean Dominica Upper middle income Upper middleincome ,200 4,160 5, , , The Little Data Book on Private Sector Development

79 Dominican Republic Latin America & Caribbean Lower middle income Lower middleincome , , ,050 2,910 2, , , ,000 1, The Little Data Book on Private Sector Development

80 Latin America & Caribbean Ecuador Lower middle income Lower middleincome , , ,340 2,910 2, ,326 38, , The Little Data Book on Private Sector Development

81 Egypt, Arab Rep. Middle East & North Africa Lower middle income Lower middleincome , , ,460 1,360 2, ,751 38, ,011 1,245 1, The Little Data Book on Private Sector Development

82 Latin America & Caribbean El Salvador Lower middle income Lower middleincome , , ,030 2,680 2, , , The Little Data Book on Private Sector Development

83 Equatorial Guinea Sub-Saharan Africa Upper middle income Upper middleincome ,540 8,510 5, , , The Little Data Book on Private Sector Development

84 Sub-Saharan Africa Eritrea Low income Lowincome , , The Little Data Book on Private Sector Development

85 Estonia High income Highincome , ,120 11,400 36, ,632 5,567 9, The Little Data Book on Private Sector Development

86 Sub-Saharan Africa Ethiopia Low income Lowincome , , The Little Data Book on Private Sector Development

87 Faeroe Islands High income Highincome , , , The Little Data Book on Private Sector Development

88 East Asia & Pacific Fiji Lower middle income Lower middleincome , , ,250 3,720 2, , , The Little Data Book on Private Sector Development

89 Finland High income Highincome , ,400 41,360 36, ,286 16,120 9, The Little Data Book on Private Sector Development

Green: 348. Yellow/Orange: Yellow/Orange: Green: 348. Yellow/Orange: Green: 348. Yellow/Orange:137 Bronze: 145

Green: 348. Yellow/Orange: Yellow/Orange: Green: 348. Yellow/Orange: Green: 348. Yellow/Orange:137 Bronze: 145 Afghanistan 348 Albania 186 Algeria 348 Andorra 286 348 137 Bronze: 145 Angola 137 Antigua and Barbuda 314 137 Argentina 279 137 Armenia 286 165 186 Australia 2768 Austria Azerbaijan Warm red 485 282 348

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