Panama vs Uruguay: Time required to start business
Panama
6
in 2019
Uruguay
6.5
in 2019
Panama rank
150th
Uruguay rank
147th
Time required to start business over time
- Panama
- Uruguay
How they compare
Uruguay currently reports 6.5 against 6 in Panama, a difference of 0.5.
That makes Uruguay's figure about 1.1 times Panama's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Uruguay ahead.
Panama ranks 150th and Uruguay ranks 147th of 188 countries.
Uruguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.29 | 46.86 | 30.57 | Uruguay |
| 2010s | 6.6 | 12.25 | 5.65 | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start business, Panama or Uruguay?
- Uruguay, at 6.5 against 6 in Panama as of 2019.
- What is the difference in time required to start business between Panama and Uruguay?
- 0.5, with Uruguay ahead.
- How many years of comparable data are there for Panama and Uruguay?
- 17 years are reported by both, from 2003 to 2019.
- How do Panama and Uruguay rank globally for time required to start business?
- Panama ranks 150th and Uruguay ranks 147th 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.