Finland vs Nicaragua: Time required to start a business
Finland
13 days
in 2019
Nicaragua
14 days
in 2019
Finland rank
83rd
Nicaragua rank
80th
Time required to start a business over time
- Finland
- Nicaragua
How they compare
Nicaragua currently reports 14 days against 13 days in Finland, a difference of 1 days.
That makes Nicaragua's figure about 1.1 times Finland's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Nicaragua ahead.
Finland ranks 83rd and Nicaragua ranks 80th of 188 countries.
Nicaragua has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Finland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19 days | 40.57 days | 21.57 days | Nicaragua |
| 2010s | 16.6 days | 23.8 days | 7.2 days | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Finland or Nicaragua?
- Nicaragua, at 14 days against 13 days in Finland as of 2019.
- What is the difference in time required to start a business between Finland and Nicaragua?
- 1 days, with Nicaragua ahead.
- How many years of comparable data are there for Finland and Nicaragua?
- 17 years are reported by both, from 2003 to 2019.
- How do Finland and Nicaragua rank globally for time required to start a business?
- Finland ranks 83rd and Nicaragua ranks 80th of 188 countries.
- Where does this data come from?
- Doing Business project, World Bank (2025) – processed by Our World in Data, published as Time required to start a business. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Number of calendar days needed to complete the procedures to legally operate a business.