Time required to start business in Honduras

Honduras: Time required to start business was 42 in 2019. ▼ Falling

Latest (2019)
42
Change on year
unchanged
World rank
17th
of 188 countries
All-time high
69
in 2005
All-time low
14
in 2009
Years of data
17
2003–2019

Time required to start business in Honduras, 2003–2019

2040602003201120192003: 612004: 612005: 692006: 572007: 202008: 202009: 142010: 432011: 432012: 432013: 432014: 432015: 412016: 422017: 422018: 422019: 42

Source: Our World in Data.

Analysis

Honduras recorded 42 for time required to start business in 2019.

That represents a change of up 200.0% over ten years.

Over the whole period, time required to start business in Honduras peaked at 69 in 2005 and was at its lowest, 14, in 2009.

Honduras ranks 17th of 188 countries on this measure, in the top 10%.

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

Time required to start business in Honduras, year by year

Annual values for Time required to start business in Honduras, 2003 to 2019.
Year Value Change
2003 61 —
2004 61 +0.0%
2005 69 +13.1%
2006 57 -17.4%
2007 20 -64.9%
2008 20 +0.0%
2009 14 -30.0%
2010 43 +207.1%
2011 43 +0.0%
2012 43 +0.0%
2013 43 +0.0%
2014 43 +0.0%
2015 41 -4.7%
2016 42 +2.4%
2017 42 +0.0%
2018 42 +0.0%
2019 42 +0.0%

Honduras compared with similar countries

  • Honduras's 42 is above the median for lower middle income countries, which is 15, 2.8× the median. (47 countries reporting)
  • Honduras's 42 is above the median for Latin America & Caribbean, which is 16, 2.6× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.14 14 69 7
2010s 42.4 41 43 10

Countries ranked near Honduras

  1. 14 Belize 48 compare
  2. 14 Botswana 48 compare
  3. 16 Palestine 43.5 compare
  4. 18 Papua New Guinea 41 compare
  5. 19 Yemen 40.5 compare
  6. 20 Fiji 40 compare
  7. 20 South Africa 40 compare

See the full ranking of 188 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is time required to start business in Honduras?
Time required to start business in Honduras was 42 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Honduras?
The highest recorded value was 69 in 2005.
What is the lowest time required to start business recorded in Honduras?
The lowest recorded value was 14 in 2009.
How does Honduras rank for time required to start business?
Honduras ranks 17th out of 188 countries with data for 2019.
Is time required to start business rising or falling in Honduras?
Over the last ten years it is up 200.0%. The long-run trend across the full record is falling.
Where does this Honduras 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 Honduras. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/honduras/

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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