Population (millions) .......................................... 9.6
GDP (US$ billions) ........................................ 557.9
GDP per capita (US$) ................................. 57,909
GDP (PPP) as share (%) of world total ............ 0.46
Technological
readiness
Financial market
development
Goods market
efficiency
Labor market efficiency
Innovation and sophistication factors (30.0%) .............7 ......5.4
Business sophistication ............................................. 8 ......5.4
Innovation ................................................................... 7 ......5.4
Sweden
Advanced economies
The most problematic factors for doing business
Tax rates............................................................................16.5
Tax regulations ..................................................................13.6
Restrictive labor regulations ...............................................13.5
Access to financing ...........................................................11.0
Inadequately educated workforce ........................................9.5
Inefficient government bureaucracy .....................................9.2
Insufficient capacity to innovate ...........................................6.0
Inadequate supply of infrastructure ......................................5.5
Poor work ethic in national labor force ................................3.5
Foreign currency regulations ................................................2.7
Policy instability ...................................................................2.4
Corruption ...........................................................................1.9
Inflation ................................................................................1.3
Government instability/coups ..............................................1.1
Poor public health ...............................................................1.1
Crime and theft ...................................................................1.0
0
Note:
5
10
15
Percent of responses
From the list of factors above, respondents were asked to select the five most problematic for doing business in their country and to rank them between
1 (most problematic) and 5. The bars in the figure show the responses weighted according to their rankings.
Property rights ....................................................... 5.7 ............18
Intellectual property protection ............................... 5.5 ............19
Diversion of public funds ........................................ 5.5 ............15
Public trust in politicians ......................................... 5.3 ............11
Irregular payments and bribes ................................ 5.7 ............20
Judicial independence............................................ 5.7 ............17
Favoritism in decisions of government officials ....... 5.0 ..............9
Wastefulness of government spending ................... 4.8 ............10
Burden of government regulation ........................... 4.0 ............20
Efficiency of legal framework in settling disputes .... 5.4 ............13
Efficiency of legal framework in challenging regs. ... 4.7 ............14
Transparency of government policymaking............. 5.2 ............13
Business costs of terrorism .................................... 5.8 ............45
Business costs of crime and violence..................... 5.2 ............39
Organized crime ..................................................... 5.6 ............36
Reliability of police services .................................... 5.7 ............24
Ethical behavior of firms ......................................... 5.8 ............12
Strength of auditing and reporting standards ......... 5.9 ............14
Efficacy of corporate boards .................................. 5.6 ............11
Protection of minority shareholders’ interests ......... 5.5 ..............9
Strength of investor protection, 0–10 (best)* .......... 6.3 ............34
2.01
2.02
2.03
2.04
2.05
2.06
2.07
2.08
2.09
Quality of overall infrastructure ............................... 5.7 ............18
Quality of roads ...................................................... 5.5 ............20
Quality of railroad infrastructure .............................. 4.5 ............19
Quality of port infrastructure ................................... 5.6 ............18
Quality of air transport infrastructure....................... 5.7 ............21
Available airline seat km/week, millions* ............. 582.7 ............38
Quality of electricity supply ..................................... 6.3 ............22
Mobile telephone subscriptions/100 pop.* ......... 124.4 ............49
Fixed telephone lines/100 pop.* ........................... 40.6 ............24
3.01
3.02
3.03
3.04
3.05
Government budget balance, % GDP*................. –1.0 ............36
Gross national savings, % GDP* .......................... 24.3 ............44
Inflation, annual % change* .................................... 0.0 ............69
General government debt, % GDP* ..................... 41.4 ............68
Country credit rating, 0–100 (best)* ...................... 92.8 ..............5
4.01
4.02
4.03
4.04
4.05
4.06
4.07
4.08
4.09
4.10
Malaria cases/100,000 pop.* ................................ S.L. ...........n/a
Business impact of malaria ............................. N/Appl. ...........n/a
Tuberculosis cases/100,000 pop.* ......................... 7.2 ............20
Business impact of tuberculosis ............................. 6.6 ............18
HIV prevalence, % adult pop.* ............................... 0.2 ..............1
Business impact of HIV/AIDS ................................. 6.5 ............19
Infant mortality, deaths/1,000 live births* ................ 2.3 ..............6
Life expectancy, years*......................................... 81.7 ............10
Quality of primary education ................................... 4.7 ............38
Primary education enrollment, net %* .................. 99.5 ............10
5.01
5.02
5.03
5.04
5.05
5.06
5.07
5.08
Secondary education enrollment, gross %* .......... 98.4 ............40
Tertiary education enrollment, gross %*................ 70.0 ............27
Quality of the education system ............................. 4.6 ............26
Quality of math and science education .................. 4.4 ............49
Quality of management schools ............................. 5.2 ............23
Internet access in schools ...................................... 6.3 ..............8
Availability of research and training services ........... 5.4 ............15
Extent of staff training ............................................ 5.1 ............10
No. procedures to start a business* .......................... 3 ............10
No. days to start a business* ............................... 16.0 ............79
Agricultural policy costs.......................................... 4.6 ............12
Prevalence of trade barriers ................................... 4.6 ............41
Trade tariffs, % duty* .............................................. 0.8 ..............5
Prevalence of foreign ownership............................. 5.2 ............34
Business impact of rules on FDI ............................. 5.0 ............25
Burden of customs procedures .............................. 5.2 ............17
Imports as a percentage of GDP* ........................ 38.7 ............94
Degree of customer orientation .............................. 5.4 ............18
Buyer sophistication ............................................... 4.5 ............12
7.01
7.02
7.03
7.04
7.05
7.06
7.07
7.08
7.09
7.10
Cooperation in labor-employer relations ................. 5.4 ............17
Flexibility of wage determination ............................. 3.6 ..........134
Hiring and firing practices ....................................... 3.5 ..........100
Redundancy costs, weeks of salary* .................... 14.4 ............66
Effect of taxation on incentives to work .................. 4.2 ............30
Pay and productivity............................................... 3.8 ............88
Reliance on professional management ................... 5.9 ..............9
Country capacity to retain talent............................. 4.8 ............17
Country capacity to attract talent ........................... 4.3 ............26
Women in labor force, ratio to men* ..................... 0.94 ............14
8.01
8.02
8.03
8.04
8.05
8.06
8.07
8.08
Availability of financial services ............................... 5.6 ............20
Affordability of financial services ............................. 5.5 ............16
Financing through local equity market .................... 4.8 ............13
Ease of access to loans ......................................... 4.1 ............10
Venture capital availability ....................................... 4.2 ............11
Soundness of banks .............................................. 5.8 ............26
Regulation of securities exchanges ........................ 5.4 ............20
Legal rights index, 0–10 (best)* ................................. 8 ............29
9.01
9.02
9.03
9.04
9.05
9.06
9.07
Availability of latest technologies ............................ 6.4 ..............7
Firm-level technology absorption ............................ 6.0 ..............9
FDI and technology transfer ................................... 4.7 ............60
Individuals using Internet, %* ............................... 94.8 ..............3
Fixed broadband Internet subscriptions/100 pop.* . 32.6 ............14
Int’l Internet bandwidth, kb/s per user* .............. 374.8 ..............6
Mobile broadband subscriptions/100 pop.*........ 104.9 ..............8
10.01
10.02
10.03
10.04
Domestic market size index, 1–7 (best)*................. 4.4 ............35
Foreign market size index, 1–7 (best)* .................... 5.3 ............36
GDP (PPP$ billions)* .......................................... 396.8 ............34
Exports as a percentage of GDP* ........................ 43.5 ............60
Local supplier quantity ........................................... 4.7 ............54
Local supplier quality.............................................. 5.5 ............10
State of cluster development.................................. 4.7 ............20
Nature of competitive advantage ............................ 5.6 ............15
Value chain breadth................................................ 5.3 ..............7
Control of international distribution ......................... 4.9 ............10
Production process sophistication.......................... 6.0 ..............8
Extent of marketing ................................................ 5.7 ..............6
Willingness to delegate authority ............................ 5.6 ..............4
12.01
12.02
12.03
12.04
12.05
12.06
12.07
Capacity for innovation........................................... 5.5 ..............6
Quality of scientific research institutions ................. 5.5 ............14
Company spending on R&D................................... 5.4 ..............6
University-industry collaboration in R&D ................. 5.3 ............11
Gov’t procurement of advanced tech products ...... 4.0 ............26
Availability of scientists and engineers .................... 4.9 ............19
PCT patents, applications/million pop.* .............. 300.8 ..............3
Intensity of local competition .................................. 5.4 ............41
Extent of market dominance .................................. 4.5 ............22
Effectiveness of anti-monopoly policy ..................... 5.2 ............10
Effect of taxation on incentives to invest................. 4.3 ............28
Total tax rate, % profits* ....................................... 52.0 ..........119