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CodeIC.TAX.GIFT.ZS
Indicator NameFirms expected to give gifts in meetings with tax officials (% of firms)
Short definitionPercentage of firms expected to give gifts or informal payments during meetings with tax officials.
Long definitionPercentage of firms expected to give gifts or informal payments during meetings with tax officials.
SourceEnterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data
TopicPrivate Sector & Trade: Business environment
DatasetWDI
Unit of measurePercentage
PeriodicityAnnual
Reference period2002-2024
Aggregation methodUnweighted average
Development relevanceThe Enterprise Surveys focus on the many factors that shape the business environment. These factors can be accommodating or constraining for firms and play an important role in whether a country will prosper or not. An accommodating business environment is one that encourages firms to operate efficiently. Such conditions strengthen incentives for firms to innovate and to increase productivity—key factors for sustainable development. A more productive private sector, in turn, expands employment and contributes taxes necessary for public investment in health, education, and other services. In contrast, a poor business environment increases the obstacles to conducting business activities and decreases a country’s prospects for reaching its potential in terms of employment, production, and welfare. Corruption by public officials may present a major administrative and financial burden on firms. Corruption creates an unfavorable business environment by undermining the operational efficiency of firms and raising the costs and risks associated with doing business. Inefficient regulations constrain firm efficiency as they present opportunities for soliciting bribes where firms are required to make “unofficial” payments to public officials to get things done. In many countries bribes are common and quite high and they add to the bureaucratic costs in obtaining required permits and licenses. They can be a serious impediment for firms’ growth and development.
License URLhttps://datacatalog.worldbank.org/public-licenses#cc-by
License TypeCC BY-4.0
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