Laos vs Venezuela: Time required to start business
Laos
173
in 2019
Venezuela
230
in 2019
Laos rank
2nd
Venezuela rank
1st
Time required to start business over time
- Laos
- Venezuela
How they compare
Venezuela currently reports 230 against 173 in Laos, a difference of 57.
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 | 142.29 | 31 | Venezuela |
| 2010s | 131 | 182 | 51 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start business, Laos or Venezuela?
- Venezuela, at 230 against 173 in Laos as of 2019.
- What is the difference in time required to start business between Laos and Venezuela?
- 57, 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 business?
- Laos ranks 2nd and Venezuela ranks 1st 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.