Time required to start a business in Grenada
Grenada: Time required to start a business was 12 days in 2019. ▼ Falling
Time required to start a business in Grenada, 2005–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
Grenada recorded 12 days for time required to start a 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 a business in Grenada peaked at 20 days in 2005 and was at its lowest, 12 days, 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 a business in Grenada, year by year
| Year | days | Change |
|---|---|---|
| 2005 | 20 days | — |
| 2006 | 20 days | +0.0% |
| 2007 | 19 days | -5.0% |
| 2008 | 19 days | +0.0% |
| 2009 | 19 days | +0.0% |
| 2010 | 14 days | -26.3% |
| 2011 | 14 days | +0.0% |
| 2012 | 14 days | +0.0% |
| 2013 | 15 days | +7.1% |
| 2014 | 15 days | +0.0% |
| 2015 | 15 days | +0.0% |
| 2016 | 15 days | +0.0% |
| 2017 | 15 days | +0.0% |
| 2018 | 15 days | +0.0% |
| 2019 | 12 days | -20.0% |
Grenada compared with similar countries
- Grenada's 12 days is above the median for upper middle income countries, which is 12 days, 1.0× the median. (55 countries reporting)
- Grenada's 12 days is below the median for Latin America & Caribbean, which is 16 days, 75% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.4 days | 19 days | 20 days | 5 |
| 2010s | 14.4 days | 12 days | 15 days | 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 a business in Grenada?
- Time required to start a business in Grenada was 12 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 Grenada?
- The highest recorded value was 20 days in 2005.
- What is the lowest time required to start a business recorded in Grenada?
- The lowest recorded value was 12 days in 2019.
- How does Grenada rank for time required to start a business?
- Grenada ranks 92nd out of 188 countries with data for 2019.
- Is time required to start a 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 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Number of calendar days needed to complete the procedures to legally operate a business.