Time required to start a business in Guinea

Guinea: Time required to start a business was 15 days in 2019. ▼ Falling

Latest (2019)
15 days
Change on year
unchanged
World rank
75th
of 188 countries
All-time high
48 days
in 2003
All-time low
15 days
in 2014
Years of data
17
2003–2019

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

10203040502003201120192003: 48 days2004: 40 days2005: 40 days2006: 40 days2007: 40 days2008: 40 days2009: 40 days2010: 40 days2011: 40 days2012: 43 days2013: 23 days2014: 15 days2015: 15 days2016: 15 days2017: 15 days2018: 15 days2019: 15 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 Guinea is 15 days, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 62.5% over ten years.

Over the whole period, time required to start a business in Guinea peaked at 48 days in 2003 and was at its lowest, 15 days, in 2014.

Guinea ranks 75th of 188 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 41.14 days 40 days 48 days 7
2010s 23.6 days 15 days 43 days 10

Countries ranked near Guinea

  1. 74 Syria 15.5 days compare
  2. 75 Guatemala 15 days compare
  3. 75 Lebanon 15 days compare
  4. 75 Lesotho 15 days compare
  5. 75 North Macedonia 15 days compare

See the full ranking of 188 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is time required to start a business in Guinea?
Time required to start a business in Guinea was 15 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 Guinea?
The highest recorded value was 48 days in 2003.
What is the lowest time required to start a business recorded in Guinea?
The lowest recorded value was 15 days in 2014.
How does Guinea rank for time required to start a business?
Guinea ranks 75th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Guinea?
Over the last ten years it is down 62.5%. The long-run trend across the full record is falling.
Where does this Guinea 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 — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.