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.

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.

Download this data

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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.