Laos vs Venezuela: Time required to start a business
Laos
173 days
in 2019
Venezuela
230 days
in 2019
Laos rank
2nd
Venezuela rank
1st
Time required to start a business over time
- Laos
- Venezuela
How they compare
Venezuela currently reports 230 days against 173 days in Laos, a difference of 57 days.
That makes Venezuela's figure about 1.3 times Laos's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Venezuela ahead.
Laos ranks 2nd and Venezuela ranks 1st of 188 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 111.29 days | 142.29 days | 31 days | Venezuela |
| 2010s | 131 days | 182 days | 51 days | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Laos or Venezuela?
- Venezuela, at 230 days against 173 days in Laos as of 2019.
- What is the difference in time required to start a business between Laos and Venezuela?
- 57 days, with Venezuela ahead.
- How many years of comparable data are there for Laos and Venezuela?
- 17 years are reported by both, from 2003 to 2019.
- How do Laos and Venezuela rank globally for time required to start a business?
- Laos ranks 2nd and Venezuela ranks 1st 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.