Time required to start business in Guyana
Guyana: Time required to start business was 18 in 2019. ▼ Falling
Latest (2019)
18
Change on year
unchanged
World rank
56th
of 188 countries
All-time high
42
in 2004
All-time low
18
in 2012
Years of data
16
2004–2019
Time required to start business in Guyana, 2004–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Guyana is 18, measured in 2019. That is the lowest value across all 16 years on record.
That represents a change of down 33.3% over ten years.
Over the whole period, time required to start business in Guyana peaked at 42 in 2004 and was at its lowest, 18, in 2012.
Guyana ranks 56th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Time required to start business in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 42 | — |
| 2005 | 42 | +0.0% |
| 2006 | 42 | +0.0% |
| 2007 | 37 | -11.9% |
| 2008 | 38 | +2.7% |
| 2009 | 27 | -28.9% |
| 2010 | 23 | -14.8% |
| 2011 | 19 | -17.4% |
| 2012 | 18 | -5.3% |
| 2013 | 18 | +0.0% |
| 2014 | 18 | +0.0% |
| 2015 | 18 | +0.0% |
| 2016 | 18 | +0.0% |
| 2017 | 18 | +0.0% |
| 2018 | 18 | +0.0% |
| 2019 | 18 | +0.0% |
Guyana compared with similar countries
- Guyana's 18 is above the median for high income countries, which is 8.5, 2.1× the median. (62 countries reporting)
- Guyana's 18 is above the median for Latin America & Caribbean, which is 16, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38 | 27 | 42 | 6 |
| 2010s | 18.6 | 18 | 23 | 10 |
Countries ranked near Guyana
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
Frequently asked questions
- What is time required to start business in Guyana?
- Time required to start business in Guyana was 18 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Guyana?
- The highest recorded value was 42 in 2004.
- What is the lowest time required to start business recorded in Guyana?
- The lowest recorded value was 18 in 2012.
- How does Guyana rank for time required to start business?
- Guyana ranks 56th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Guyana?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- Where does this Guyana 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 — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).