Power outages in firms in a typical month (number)
This indicator reflects the average frequency of electricity supply interruptions that businesses encounter over the course of a typical month. Understanding this metric is crucial for assessing the reliability of power infrastructure and its impact on operational efficiency. Frequent power outages can lead to significant disruptions, resulting in lost productivity, increased operational costs, and potential damage to equipment and inventory. Additionally, this measure can provide insights into the broader economic environment, as higher outage rates may correlate with underinvestment in energy infrastructure or insufficient maintenance protocols. Monitoring this indicator can help firms strategize on backup solutions and engage with policymakers to advocate for improved power reliability essential for sustainable business growth. Source:
Year:
2023
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Power outages in firms in a typical month (number)