Time required to start business in Grenada
Grenada: Time required to start business was 12 in 2019. ▼ Falling
Latest (2019)
12
Change on year
down 20.0%
World rank
92nd
of 188 countries
All-time high
20
in 2005
All-time low
12
in 2019
Years of data
15
2005–2019
Time required to start business in Grenada, 2005–2019
Source: Our World in Data.
Analysis
Grenada recorded 12 for time required to start business in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 20.0% on the previous year and down 36.8% over ten years.
Over the whole period, time required to start business in Grenada peaked at 20 in 2005 and was at its lowest, 12, in 2019.
Grenada ranks 92nd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Time required to start business in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 20 | — |
| 2006 | 20 | +0.0% |
| 2007 | 19 | -5.0% |
| 2008 | 19 | +0.0% |
| 2009 | 19 | +0.0% |
| 2010 | 14 | -26.3% |
| 2011 | 14 | +0.0% |
| 2012 | 14 | +0.0% |
| 2013 | 15 | +7.1% |
| 2014 | 15 | +0.0% |
| 2015 | 15 | +0.0% |
| 2016 | 15 | +0.0% |
| 2017 | 15 | +0.0% |
| 2018 | 15 | +0.0% |
| 2019 | 12 | -20.0% |
Grenada compared with similar countries
- Grenada's 12 is above the median for upper middle income countries, which is 12, 1.0× the median. (55 countries reporting)
- Grenada's 12 is below the median for Latin America & Caribbean, which is 16, 75% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.4 | 19 | 20 | 5 |
| 2010s | 14.4 | 12 | 15 | 10 |
Countries ranked near Grenada
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is time required to start business in Grenada?
- Time required to start business in Grenada was 12 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Grenada?
- The highest recorded value was 20 in 2005.
- What is the lowest time required to start business recorded in Grenada?
- The lowest recorded value was 12 in 2019.
- How does Grenada rank for time required to start business?
- Grenada ranks 92nd out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Grenada?
- Over the last ten years it is down 36.8%. The long-run trend across the full record is falling.
- Where does this Grenada 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 — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).