Time required to start business in Costa Rica

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

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

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

204060801002003201120192003: 902004: 902005: 902006: 872007: 902008: 742009: 73.52010: 73.52011: 73.52012: 57.52013: 232014: 232015: 232016: 22.52017: 22.52018: 232019: 23

Source: Our World in Data.

Analysis

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

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

Over the whole period, time required to start business in Costa Rica peaked at 90 in 2003 and was at its lowest, 22.5, 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 business in Costa Rica, year by year

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

Costa Rica compared with similar countries

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

Biggest year-on-year movements

Years where Time required to start 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 23

Averages by decade

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

Countries ranked near Costa Rica

  1. 38 Peru 26 compare
  2. 39 Czechia 24.5 compare
  3. 40 Uganda 24 compare
  4. 41 Bulgaria 23 compare
  5. 41 Kenya 23 compare
  6. 44 Nepal 22.5 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 business in Costa Rica?
Time required to start business in Costa Rica was 23 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Costa Rica?
The highest recorded value was 90 in 2003.
What is the lowest time required to start business recorded in Costa Rica?
The lowest recorded value was 22.5 in 2016.
How does Costa Rica rank for time required to start business?
Costa Rica ranks 41st out of 188 countries with data for 2019.
Is time required to start 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 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 Costa Rica. Statizoid, drawing on Our World in Data. Retrieved 14 November 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 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