Time required to start a business in Nicaragua

Nicaragua: Time required to start a business was 14 days in 2019. ▼ Falling

Latest (2019)
14 days
Change on year
unchanged
World rank
80th
of 188 countries
All-time high
47 days
in 2003
All-time low
14 days
in 2014
Years of data
17
2003–2019

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

10203040502003201120192003: 47 days2004: 40 days2005: 40 days2006: 40 days2007: 39 days2008: 39 days2009: 39 days2010: 39 days2011: 39 days2012: 39 days2013: 37 days2014: 14 days2015: 14 days2016: 14 days2017: 14 days2018: 14 days2019: 14 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

Nicaragua recorded 14 days for time required to start a 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 a business in Nicaragua peaked at 47 days in 2003 and was at its lowest, 14 days, 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.57 days 39 days 47 days 7
2010s 23.8 days 14 days 39 days 10

Countries ranked near Nicaragua

  1. 80 Djibouti 14 days compare
  2. 82 Cameroon 13.5 days compare
  3. 83 Burkina Faso 13 days compare
  4. 83 East Timor 13 days compare
  5. 83 Finland 13 days compare
  6. 83 Ghana 13 days compare
  7. 83 South Sudan 13 days compare

See the full ranking of 188 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is time required to start a business in Nicaragua?
Time required to start a business in Nicaragua was 14 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 Nicaragua?
The highest recorded value was 47 days in 2003.
What is the lowest time required to start a business recorded in Nicaragua?
The lowest recorded value was 14 days in 2014.
How does Nicaragua rank for time required to start a business?
Nicaragua ranks 80th out of 188 countries with data for 2019.
Is time required to start a 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 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.