Time required to start business in Guinea

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

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

Time required to start business in Guinea, 2003–2019

10203040502003201120192003: 482004: 402005: 402006: 402007: 402008: 402009: 402010: 402011: 402012: 432013: 232014: 152015: 152016: 152017: 152018: 152019: 15

Source: Our World in Data.

Analysis

The most recent figure for time required to start business in Guinea is 15, 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 business in Guinea peaked at 48 in 2003 and was at its lowest, 15, 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.

Time required to start business in Guinea, year by year

Annual values for Time required to start business in Guinea, 2003 to 2019.
Year Value Change
2003 48 —
2004 40 -16.7%
2005 40 +0.0%
2006 40 +0.0%
2007 40 +0.0%
2008 40 +0.0%
2009 40 +0.0%
2010 40 +0.0%
2011 40 +0.0%
2012 43 +7.5%
2013 23 -46.5%
2014 15 -34.8%
2015 15 +0.0%
2016 15 +0.0%
2017 15 +0.0%
2018 15 +0.0%
2019 15 +0.0%

Guinea compared with similar countries

  • Guinea's 15 is above the median for lower middle income countries, which is 15, 1.0× the median. (47 countries reporting)
  • Guinea's 15 is above the median for Sub-Saharan Africa, which is 14.25, 1.1× the median. (48 countries reporting)

Averages by decade

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

Countries ranked near Guinea

  1. 74 Syria 15.5 compare
  2. 75 Guatemala 15 compare
  3. 75 Lebanon 15 compare
  4. 75 Lesotho 15 compare
  5. 75 North Macedonia 15 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 business in Guinea?
Time required to start business in Guinea was 15 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Guinea?
The highest recorded value was 48 in 2003.
What is the lowest time required to start business recorded in Guinea?
The lowest recorded value was 15 in 2014.
How does Guinea rank for time required to start business?
Guinea ranks 75th out of 188 countries with data for 2019.
Is time required to start 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 Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.

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Time required to start business in Guinea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/guinea/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed