Time required to start business in Ecuador
Ecuador: Time required to start business was 48.5 in 2019. ▼ Falling
Latest (2019)
48.5
Change on year
unchanged
World rank
13th
of 188 countries
All-time high
92
in 2003
All-time low
48.5
in 2016
Years of data
17
2003–2019
Time required to start business in Ecuador, 2003–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Ecuador is 48.5, 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 business in Ecuador peaked at 92 in 2003 and was at its lowest, 48.5, 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 business in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 92 | — |
| 2004 | 92 | +0.0% |
| 2005 | 69 | -25.0% |
| 2006 | 65 | -5.8% |
| 2007 | 65 | +0.0% |
| 2008 | 65 | +0.0% |
| 2009 | 64 | -1.5% |
| 2010 | 56 | -12.5% |
| 2011 | 55.5 | -0.9% |
| 2012 | 55.5 | +0.0% |
| 2013 | 55.5 | +0.0% |
| 2014 | 55.5 | +0.0% |
| 2015 | 50.5 | -9.0% |
| 2016 | 48.5 | -4.0% |
| 2017 | 48.5 | +0.0% |
| 2018 | 48.5 | +0.0% |
| 2019 | 48.5 | +0.0% |
Ecuador compared with similar countries
- Ecuador's 48.5 is above the median for upper middle income countries, which is 12, 4.0× the median. (55 countries reporting)
- Ecuador's 48.5 is above the median for Latin America & Caribbean, which is 16, 3.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.14 | 64 | 92 | 7 |
| 2010s | 52.25 | 48.5 | 56 | 10 |
Countries ranked near Ecuador
More reference data data for Ecuador
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1826 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.74 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.18 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 23.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9943 (2050)
Frequently asked questions
- What is time required to start business in Ecuador?
- Time required to start business in Ecuador was 48.5 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Ecuador?
- The highest recorded value was 92 in 2003.
- What is the lowest time required to start business recorded in Ecuador?
- The lowest recorded value was 48.5 in 2016.
- How does Ecuador rank for time required to start business?
- Ecuador ranks 13th out of 188 countries with data for 2019.
- Is time required to start 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 Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).