Time required to start a business in Belize

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

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

Time required to start a business in Belize, 2005–2019

02040602005201220192005: 57 days2006: 44 days2007: 43 days2008: 43 days2009: 43 days2010: 43 days2011: 43 days2012: 43 days2013: 43 days2014: 43 days2015: 43 days2016: 43 days2017: 48 days2018: 48 days2019: 48 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

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

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

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

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

Time required to start a business in Belize, year by year

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

Belize compared with similar countries

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

Averages by decade

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

Countries ranked near Belize

  1. 11 Namibia 54 days compare
  2. 12 Congo 49.5 days compare
  3. 13 Ecuador 48.5 days compare
  4. 14 Botswana 48 days compare
  5. 16 Palestine 43.5 days compare
  6. 17 Honduras 42 days 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 a business in Belize?
Time required to start a business in Belize was 48 days in 2019, according to Doing Business project, World Bank (2025) – processed by Our World in Data.
What is the highest time required to start a business recorded in Belize?
The highest recorded value was 57 days in 2005.
What is the lowest time required to start a business recorded in Belize?
The lowest recorded value was 43 days in 2007.
How does Belize rank for time required to start a business?
Belize ranks 14th out of 188 countries with data for 2019.
Is time required to start a 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 Doing Business project, World Bank (2025) – processed by Our World in Data, published as part of Time required to start a business. Statizoid updates them automatically from the source API.

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Time required to start a business in Belize. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 23 September 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 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.