Latvia vs Puerto Rico: Time required to start a business

Latvia
5.5 days
in 2019
Puerto Rico
5.5 days
in 2019
Latvia rank
156th
Puerto Rico rank
156th

Time required to start a business over time

  • Latvia
  • Puerto Rico
57.51012.515200320112019

How they compare

Latvia currently reports 5.5 days against 5.5 days in Puerto Rico, a difference of 0 days.

The two have swapped places 1 time across 17 shared years of data; in 2003 it was Latvia ahead.

Latvia ranks 156th and Puerto Rico ranks 156th of 188 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Puerto Rico Difference Ahead
2000s 15.86 days 7 days 8.86 days Latvia
2010s 9.9 days 5.9 days 4 days Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start a business, Latvia or Puerto Rico?
Latvia, at 5.5 days against 5.5 days in Puerto Rico as of 2019.
What is the difference in time required to start a business between Latvia and Puerto Rico?
0 days, with Latvia ahead.
How many years of comparable data are there for Latvia and Puerto Rico?
17 years are reported by both, from 2003 to 2019.
How do Latvia and Puerto Rico rank globally for time required to start a business?
Latvia ranks 156th and Puerto Rico ranks 156th 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

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.