Time required to start business in Bolivia

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

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

Time required to start business in Bolivia, 2003–2019

02040602003201120192003: 592004: 592005: 492006: 492007: 492008: 492009: 492010: 492011: 492012: 492013: 492014: 492015: 492016: 452017: 412018: 39.52019: 39.5

Source: Our World in Data.

Analysis

The most recent figure for time required to start business in Bolivia is 39.5, 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 business in Bolivia peaked at 59 in 2003 and was at its lowest, 39.5, 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 business in Bolivia, year by year

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

Bolivia compared with similar countries

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

Averages by decade

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

Countries ranked near Bolivia

  1. 19 Yemen 40.5 compare
  2. 20 Fiji 40 compare
  3. 20 South Africa 40 compare
  4. 23 Malawi 37 compare
  5. 23 Poland 37 compare
  6. 25 Angola 36 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 business in Bolivia?
Time required to start business in Bolivia was 39.5 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Bolivia?
The highest recorded value was 59 in 2003.
What is the lowest time required to start business recorded in Bolivia?
The lowest recorded value was 39.5 in 2018.
How does Bolivia rank for time required to start business?
Bolivia ranks 22nd out of 188 countries with data for 2019.
Is time required to start 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 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 Bolivia. Statizoid, drawing on Our World in Data. Retrieved 14 November 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 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