Time required to start a business in Peru

Peru: Time required to start a business was 26 days in 2019. ▼ Falling

Latest (2019)
26 days
Change on year
unchanged
World rank
38th
of 188 countries
All-time high
104.5 days
in 2005
All-time low
26 days
in 2018
Years of data
17
2003–2019

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

204060801002003201120192003: 100.5 days2004: 100.5 days2005: 104.5 days2006: 74.5 days2007: 74.5 days2008: 67 days2009: 41 days2010: 42.5 days2011: 41.5 days2012: 41.5 days2013: 41.5 days2014: 41.5 days2015: 41.5 days2016: 41 days2017: 41 days2018: 26 days2019: 26 days

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

Analysis

Peru recorded 26 days for time required to start a business in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 36.6% over ten years.

Over the whole period, time required to start a business in Peru peaked at 104.5 days in 2005 and was at its lowest, 26 days, in 2018.

Peru ranks 38th of 188 countries on this measure, in the top quarter.

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

Time required to start a business in Peru, year by year

Annual values for Time required to start a business in Peru, 2003 to 2019.
Year days Change
2003 100.5 days
2004 100.5 days +0.0%
2005 104.5 days +4.0%
2006 74.5 days -28.7%
2007 74.5 days +0.0%
2008 67 days -10.1%
2009 41 days -38.8%
2010 42.5 days +3.7%
2011 41.5 days -2.4%
2012 41.5 days +0.0%
2013 41.5 days +0.0%
2014 41.5 days +0.0%
2015 41.5 days +0.0%
2016 41 days -1.2%
2017 41 days +0.0%
2018 26 days -36.6%
2019 26 days +0.0%

Peru compared with similar countries

  • Peru's 26 days is above the median for upper middle income countries, which is 12 days, 2.2× the median. (55 countries reporting)
  • Peru's 26 days is above the median for Latin America & Caribbean, which is 16 days, 1.6× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Time required to start a business in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 -38.8% 67 days 41 days
2018 -36.6% 41 days 26 days
2006 -28.7% 104.5 days 74.5 days

Averages by decade

DecadeAverage LowestHighest Years
2000s 80.36 days 41 days 104.5 days 7
2010s 38.4 days 26 days 42.5 days 10

Countries ranked near Peru

  1. 35 Palau 28 days compare
  2. 36 Zimbabwe 27 days compare
  3. 37 Iraq 26.5 days compare
  4. 39 Czechia 24.5 days compare
  5. 40 Uganda 24 days compare
  6. 41 Bulgaria 23 days compare
  7. 41 Costa Rica 23 days compare
  8. 41 Kenya 23 days compare

See the full ranking of 188 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is time required to start a business in Peru?
Time required to start a business in Peru was 26 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 Peru?
The highest recorded value was 104.5 days in 2005.
What is the lowest time required to start a business recorded in Peru?
The lowest recorded value was 26 days in 2018.
How does Peru rank for time required to start a business?
Peru ranks 38th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Peru?
Over the last ten years it is down 36.6%. The long-run trend across the full record is falling.
Where does this Peru 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.

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Time required to start a business in Peru. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/peru/

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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.