Time required to start business in Nicaragua
Nicaragua: Time required to start business was 14 in 2019. ▼ Falling
Latest (2019)
14
Change on year
unchanged
World rank
80th
of 188 countries
All-time high
47
in 2003
All-time low
14
in 2014
Years of data
17
2003–2019
Time required to start business in Nicaragua, 2003–2019
Source: Our World in Data.
Analysis
Nicaragua recorded 14 for time required to start business in 2019. That is the lowest value across all 17 years on record.
The figure is down 64.1% over ten years.
Over the whole period, time required to start business in Nicaragua peaked at 47 in 2003 and was at its lowest, 14, in 2014.
Nicaragua ranks 80th 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 Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 47 | — |
| 2004 | 40 | -14.9% |
| 2005 | 40 | +0.0% |
| 2006 | 40 | +0.0% |
| 2007 | 39 | -2.5% |
| 2008 | 39 | +0.0% |
| 2009 | 39 | +0.0% |
| 2010 | 39 | +0.0% |
| 2011 | 39 | +0.0% |
| 2012 | 39 | +0.0% |
| 2013 | 37 | -5.1% |
| 2014 | 14 | -62.2% |
| 2015 | 14 | +0.0% |
| 2016 | 14 | +0.0% |
| 2017 | 14 | +0.0% |
| 2018 | 14 | +0.0% |
| 2019 | 14 | +0.0% |
Nicaragua compared with similar countries
- Nicaragua's 14 is below the median for lower middle income countries, which is 15, 93% of the median. (47 countries reporting)
- Nicaragua's 14 is below the median for Latin America & Caribbean, which is 16, 88% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.57 | 39 | 47 | 7 |
| 2010s | 23.8 | 14 | 39 | 10 |
Countries ranked near Nicaragua
- 80 Djibouti 14 compare
- 82 Cameroon 13.5 compare
- 83 Burkina Faso 13 compare
- 83 East Timor 13 compare
- 83 Finland 13 compare
- 83 Ghana 13 compare
- 83 South Sudan 13 compare
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is time required to start business in Nicaragua?
- Time required to start business in Nicaragua was 14 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Nicaragua?
- The highest recorded value was 47 in 2003.
- What is the lowest time required to start business recorded in Nicaragua?
- The lowest recorded value was 14 in 2014.
- How does Nicaragua rank for time required to start business?
- Nicaragua ranks 80th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Nicaragua?
- Over the last ten years it is down 64.1%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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 — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).