Time required to start business in Belize

Belize: Time required to start business was 48 in 2019. ▬ Flat

Latest (2019)
48
Change on year
unchanged
World rank
14th
of 188 countries
All-time high
57
in 2005
All-time low
43
in 2007
Years of data
15
2005–2019

Time required to start business in Belize, 2005–2019

02040602005201220192005: 572006: 442007: 432008: 432009: 432010: 432011: 432012: 432013: 432014: 432015: 432016: 432017: 482018: 482019: 48

Source: Our World in Data.

Analysis

In 2019, time required to start business in Belize stood at 48.

Compared with earlier readings it is up 11.6% over ten years.

Over the whole period, time required to start business in Belize peaked at 57 in 2005 and was at its lowest, 43, in 2007.

Belize ranks 14th of 188 countries on this measure, in the top 10%.

Time required to start business in Belize, year by year

Annual values for Time required to start business in Belize, 2005 to 2019.
Year Value Change
2005 57 —
2006 44 -22.8%
2007 43 -2.3%
2008 43 +0.0%
2009 43 +0.0%
2010 43 +0.0%
2011 43 +0.0%
2012 43 +0.0%
2013 43 +0.0%
2014 43 +0.0%
2015 43 +0.0%
2016 43 +0.0%
2017 48 +11.6%
2018 48 +0.0%
2019 48 +0.0%

Belize compared with similar countries

  • Belize's 48 is above the median for upper middle income countries, which is 12, 4.0× the median. (55 countries reporting)
  • Belize's 48 is above the median for Latin America & Caribbean, which is 16, 3.0× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 46 43 57 5
2010s 44.5 43 48 10

Countries ranked near Belize

  1. 11 Namibia 54 compare
  2. 12 Congo 49.5 compare
  3. 13 Ecuador 48.5 compare
  4. 14 Botswana 48 compare
  5. 16 Palestine 43.5 compare
  6. 17 Honduras 42 compare

See the full ranking of 188 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is time required to start business in Belize?
Time required to start business in Belize was 48 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Belize?
The highest recorded value was 57 in 2005.
What is the lowest time required to start business recorded in Belize?
The lowest recorded value was 43 in 2007.
How does Belize rank for time required to start business?
Belize ranks 14th out of 188 countries with data for 2019.
Is time required to start business rising or falling in Belize?
Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
Where does this Belize data come from?
The figures come from Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.

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Time required to start business in Belize. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/belize/

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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