Time required to start a business in Costa Rica

Costa Rica: Time required to start a business was 23 days in 2019. ◆ Volatile

Latest (2019)
23 days
Change on year
unchanged
World rank
41st
of 188 countries
All-time high
90 days
in 2003
All-time low
22.5 days
in 2016
Years of data
17
2003–2019

Time required to start a business in Costa Rica, 2003–2019

204060801002003201120192003: 90 days2004: 90 days2005: 90 days2006: 87 days2007: 90 days2008: 74 days2009: 73.5 days2010: 73.5 days2011: 73.5 days2012: 57.5 days2013: 23 days2014: 23 days2015: 23 days2016: 22.5 days2017: 22.5 days2018: 23 days2019: 23 days

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

Analysis

Costa Rica recorded 23 days for time required to start a business in 2019.

Compared with earlier readings it is down 68.7% over ten years.

Over the whole period, time required to start a business in Costa Rica peaked at 90 days in 2003 and was at its lowest, 22.5 days, in 2016.

Costa Rica ranks 41st of 188 countries on this measure, in the top quarter.

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

Time required to start a business in Costa Rica, year by year

Annual values for Time required to start a business in Costa Rica, 2003 to 2019.
Year days Change
2003 90 days
2004 90 days +0.0%
2005 90 days +0.0%
2006 87 days -3.3%
2007 90 days +3.4%
2008 74 days -17.8%
2009 73.5 days -0.7%
2010 73.5 days +0.0%
2011 73.5 days +0.0%
2012 57.5 days -21.8%
2013 23 days -60.0%
2014 23 days +0.0%
2015 23 days +0.0%
2016 22.5 days -2.2%
2017 22.5 days +0.0%
2018 23 days +2.2%
2019 23 days +0.0%

Costa Rica compared with similar countries

  • Costa Rica's 23 days is above the median for high income countries, which is 8.5 days, 2.7× the median. (62 countries reporting)
  • Costa Rica's 23 days is above the median for Latin America & Caribbean, which is 16 days, 1.4× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Time required to start a business in Costa Rica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2013 -60.0% 57.5 days 23 days

Averages by decade

DecadeAverage LowestHighest Years
2000s 84.93 days 73.5 days 90 days 7
2010s 36.45 days 22.5 days 73.5 days 10

Countries ranked near Costa Rica

  1. 38 Peru 26 days compare
  2. 39 Czechia 24.5 days compare
  3. 40 Uganda 24 days compare
  4. 41 Bulgaria 23 days compare
  5. 41 Kenya 23 days compare
  6. 44 Nepal 22.5 days compare

See the full ranking of 188 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is time required to start a business in Costa Rica?
Time required to start a business in Costa Rica was 23 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 Costa Rica?
The highest recorded value was 90 days in 2003.
What is the lowest time required to start a business recorded in Costa Rica?
The lowest recorded value was 22.5 days in 2016.
How does Costa Rica rank for time required to start a business?
Costa Rica ranks 41st out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Costa Rica?
Over the last ten years it is down 68.7%. The long-run trend across the full record is volatile.
Where does this Costa Rica 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 Costa Rica. 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/costa-rica/

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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.