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Greece |
Portugal |
| Key indicators 2010 |
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Population: 11.3 millions |
Population: 10.6 millions |
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GDP (EUR billion): 230,2 |
GDP (EUR billions) 172,7 |
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GDP (PPS), EU27=100: 89 |
GDP (PPS), EU27=100: 81 |
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| Competitiveness Report, World Economic Forum |
| Global Competitiveness Index |
GCI 2010-2011: 83 rank out of 139; 4 score out of 7 |
GCI 2010-2011: 46 rank out of 139; 4,4 score out of 7 |
| Basic Requirements |
Worst score at Macroeconomic Environment (3.6) and best score at Health and Primary Education (6.1) |
Worst score at Macroeconomic Environment (4.3) and best score at Health and Primary Education (6.1) |
| Efficiency Enhancers |
Worst score at Labour Market Efficiency (3.7) and best score at Higher Education and Training (4.7) |
Worst score at Labour Market Efficiency (3.9) and best score at Higher Education and Training (4.8) |
| Innovation and Sophistication Factors |
Worst score at Innovation (3.0) and best score at Business Sophistication (3.8) |
Worst score at Innovation (3.8) and best score at Business Sophistication (4.2) |
| Most problematic factors for doing business |
Inefficient gov bureaucracy, corruption and restrictive labour regulations |
Inefficient gov bureaucracy, restrictive labour regulations and policy instability |
| Doing Business - World Bank |
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| Rank |
Greece is ranked 109 out of 183 economies. Singapore is the top ranked economy in the Ease of Doing Business |
Portugal is ranked 31 out of 183 economies. Singapore is the top ranked economy in the Ease of Doing Business |
| General Indicators |
Greece is best ranked at closing a business (49), and worst ranked at registering property (153) and protecting investors (154) |
Portugal is best ranked at closing a business (21) and enforcing contracts (24), and is worst ranked at dealing with construction permits (111) |
| Starting a Business |
Takes 19 days, 15 procedures and 20,7% of income per capita |
Takes 6 days, 6 procedures and 6,5% of income per capita |
| Registering Property |
Takes 22 days, 11 procedures and 12,7% of income per capita |
Takes 1 day, 1 procedure and 7,4% of income per capita |
| Getting Credit |
Scores 5 at depth of credit information index |
Scores 5 at depth of credit information index |
| Protecting Investors |
Strength of investor protection index 3.3 |
Strength of investor protection index 3.3 |
| Paying Taxes |
Nbr of payments per year 10; Profit Tax: 13.9%; Labor Tax and Contributions: 31.7% |
Nbr of payments per year 8; Profit Tax: 14.9%; Labor Tax and Contributions: 26.8% |
| Dealing with construction permits |
Takes 169 days. 15 procedures and 52.9% of income per capita |
Takes 272 days. 19 procedures and 53.9% of income per capita |
| Enforcing Contracts |
Procedures: 39. Nro of days: 819 |
Procedures: 31. Nro of days: 547 |
| Closing Business |
Time (years): 2; Cost (% of estate):9 |
Time (years): 2; Cost (% of estate):9 |
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| Sources: Eurostat, World Economic Forum, World Bank |