Time required to start a business in Ecuador

Ecuador: Time required to start a business was 48.5 days in 2019. ▼ Falling

Latest (2019)
48.5 days
Change on year
unchanged
World rank
13th
of 188 countries
All-time high
92 days
in 2003
All-time low
48.5 days
in 2016
Years of data
17
2003–2019

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

0204060801002003201120192003: 92 days2004: 92 days2005: 69 days2006: 65 days2007: 65 days2008: 65 days2009: 64 days2010: 56 days2011: 55.5 days2012: 55.5 days2013: 55.5 days2014: 55.5 days2015: 50.5 days2016: 48.5 days2017: 48.5 days2018: 48.5 days2019: 48.5 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 Ecuador is 48.5 days, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 24.2% over ten years.

Over the whole period, time required to start a business in Ecuador peaked at 92 days in 2003 and was at its lowest, 48.5 days, in 2016.

Ecuador ranks 13th of 188 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 17 years of available data.

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

Annual values for Time required to start a business in Ecuador, 2003 to 2019.
Year days Change
2003 92 days
2004 92 days +0.0%
2005 69 days -25.0%
2006 65 days -5.8%
2007 65 days +0.0%
2008 65 days +0.0%
2009 64 days -1.5%
2010 56 days -12.5%
2011 55.5 days -0.9%
2012 55.5 days +0.0%
2013 55.5 days +0.0%
2014 55.5 days +0.0%
2015 50.5 days -9.0%
2016 48.5 days -4.0%
2017 48.5 days +0.0%
2018 48.5 days +0.0%
2019 48.5 days +0.0%

Ecuador compared with similar countries

  • Ecuador's 48.5 days is above the median for upper middle income countries, which is 12 days, 4.0× the median. (55 countries reporting)
  • Ecuador's 48.5 days is above the median for Latin America & Caribbean, which is 16 days, 3.0× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 73.14 days 64 days 92 days 7
2010s 52.25 days 48.5 days 56 days 10

Countries ranked near Ecuador

  1. 10 Chad 58 days compare
  2. 11 Namibia 54 days compare
  3. 12 Congo 49.5 days compare
  4. 14 Belize 48 days compare
  5. 14 Botswana 48 days compare
  6. 16 Palestine 43.5 days compare

See the full ranking of 188 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is time required to start a business in Ecuador?
Time required to start a business in Ecuador was 48.5 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 Ecuador?
The highest recorded value was 92 days in 2003.
What is the lowest time required to start a business recorded in Ecuador?
The lowest recorded value was 48.5 days in 2016.
How does Ecuador rank for time required to start a business?
Ecuador ranks 13th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Ecuador?
Over the last ten years it is down 24.2%. The long-run trend across the full record is falling.
Where does this Ecuador 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 Ecuador. 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/ecuador/

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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.