Time required to start a business in Chile

Chile: Time required to start a business was 4 days in 2019. ◆ Volatile

Latest (2019)
4 days
Change on year
down 33.3%
World rank
168th
of 188 countries
All-time high
42 days
in 2003
All-time low
4 days
in 2019
Years of data
17
2003–2019

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

0102030402003201120192003: 42 days2004: 42 days2005: 42 days2006: 40 days2007: 40 days2008: 40 days2009: 40 days2010: 36.5 days2011: 9.5 days2012: 7.5 days2013: 7.5 days2014: 7.5 days2015: 7.5 days2016: 7.5 days2017: 7.5 days2018: 6 days2019: 4 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 Chile stood at 4 days. That is the lowest value across all 17 years on record.

That represents a change of down 33.3% on the previous year and down 90.0% over ten years.

Over the whole period, time required to start a business in Chile peaked at 42 days in 2003 and was at its lowest, 4 days, in 2019.

That places Chile 168th out of 188 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Time required to start a business in Chile, 2003 to 2019.
Year days Change
2003 42 days
2004 42 days +0.0%
2005 42 days +0.0%
2006 40 days -4.8%
2007 40 days +0.0%
2008 40 days +0.0%
2009 40 days +0.0%
2010 36.5 days -8.8%
2011 9.5 days -74.0%
2012 7.5 days -21.1%
2013 7.5 days +0.0%
2014 7.5 days +0.0%
2015 7.5 days +0.0%
2016 7.5 days +0.0%
2017 7.5 days +0.0%
2018 6 days -20.0%
2019 4 days -33.3%

Chile compared with similar countries

  • Chile's 4 days is below the median for high income countries, which is 8.5 days, 47% of the median. (62 countries reporting)
  • Chile's 4 days is below the median for Latin America & Caribbean, which is 16 days, 25% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.86 days 40 days 42 days 7
2010s 10.1 days 4 days 36.5 days 10

Countries ranked near Chile

  1. 166 Oman 4.3 days compare
  2. 167 United States 4.2 days compare
  3. 168 Armenia 4 days compare
  4. 168 France 4 days compare
  5. 168 Greece 4 days compare
  6. 168 Moldova 4 days compare
  7. 168 Norway 4 days compare
  8. 168 Rwanda 4 days compare

See the full ranking of 188 places →

More reference data data for Chile

All data for Chile →

Frequently asked questions

What is time required to start a business in Chile?
Time required to start a business in Chile was 4 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 Chile?
The highest recorded value was 42 days in 2003.
What is the lowest time required to start a business recorded in Chile?
The lowest recorded value was 4 days in 2019.
How does Chile rank for time required to start a business?
Chile ranks 168th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Chile?
Over the last ten years it is down 90.0%. The long-run trend across the full record is volatile.
Where does this Chile 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 Chile. 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/chile/

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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.