Time required to start a business in Bolivia

Bolivia: Time required to start a business was 39.5 days in 2019. ▼ Falling

Latest (2019)
39.5 days
Change on year
unchanged
World rank
22nd
of 188 countries
All-time high
59 days
in 2003
All-time low
39.5 days
in 2018
Years of data
17
2003–2019

Time required to start a business in Bolivia, 2003–2019

02040602003201120192003: 59 days2004: 59 days2005: 49 days2006: 49 days2007: 49 days2008: 49 days2009: 49 days2010: 49 days2011: 49 days2012: 49 days2013: 49 days2014: 49 days2015: 49 days2016: 45 days2017: 41 days2018: 39.5 days2019: 39.5 days

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

Analysis

The most recent figure for time required to start a business in Bolivia is 39.5 days, measured in 2019. That is the lowest value across all 17 years on record.

The figure is down 19.4% over ten years.

Over the whole period, time required to start a business in Bolivia peaked at 59 days in 2003 and was at its lowest, 39.5 days, in 2018.

Bolivia ranks 22nd of 188 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

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

Annual values for Time required to start a business in Bolivia, 2003 to 2019.
Year days Change
2003 59 days
2004 59 days +0.0%
2005 49 days -16.9%
2006 49 days +0.0%
2007 49 days +0.0%
2008 49 days +0.0%
2009 49 days +0.0%
2010 49 days +0.0%
2011 49 days +0.0%
2012 49 days +0.0%
2013 49 days +0.0%
2014 49 days +0.0%
2015 49 days +0.0%
2016 45 days -8.2%
2017 41 days -8.9%
2018 39.5 days -3.7%
2019 39.5 days +0.0%

Bolivia compared with similar countries

  • Bolivia's 39.5 days is above the median for lower middle income countries, which is 15 days, 2.6× the median. (47 countries reporting)
  • Bolivia's 39.5 days is above the median for Latin America & Caribbean, which is 16 days, 2.5× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.86 days 49 days 59 days 7
2010s 45.9 days 39.5 days 49 days 10

Countries ranked near Bolivia

  1. 19 Yemen 40.5 days compare
  2. 20 Fiji 40 days compare
  3. 20 South Africa 40 days compare
  4. 23 Malawi 37 days compare
  5. 23 Poland 37 days compare
  6. 25 Angola 36 days compare

See the full ranking of 188 places →

More reference data data for Bolivia

All data for Bolivia →

Frequently asked questions

What is time required to start a business in Bolivia?
Time required to start a business in Bolivia was 39.5 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 Bolivia?
The highest recorded value was 59 days in 2003.
What is the lowest time required to start a business recorded in Bolivia?
The lowest recorded value was 39.5 days in 2018.
How does Bolivia rank for time required to start a business?
Bolivia ranks 22nd out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Bolivia?
Over the last ten years it is down 19.4%. The long-run trend across the full record is falling.
Where does this Bolivia 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 Bolivia. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/bolivia/

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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.