Finland vs Nicaragua: Time required to start business

Finland
13
in 2019
Nicaragua
14
in 2019
Finland rank
83rd
Nicaragua rank
80th

Time required to start business over time

  • Finland
  • Nicaragua
1020304050200320112019

How they compare

Nicaragua currently reports 14 against 13 in Finland, a difference of 1.

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 40.57 21.57 Nicaragua
2010s 16.6 23.8 7.2 Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start business, Finland or Nicaragua?
Nicaragua, at 14 against 13 in Finland as of 2019.
What is the difference in time required to start business between Finland and Nicaragua?
1, 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 business?
Finland ranks 83rd and Nicaragua ranks 80th of 188 countries.
Where does this data come from?
Our World in Data, published as Time required to start business. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Nicaragua: Time required to start business. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/compare/time-required-to-start-business/finland/nicaragua/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed