Time required to start business in Peru
Peru: Time required to start business was 26 in 2019. ▼ Falling
Time required to start business in Peru, 2003–2019
Source: Our World in Data.
Analysis
Peru recorded 26 for time required to start 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 business in Peru peaked at 104.5 in 2005 and was at its lowest, 26, 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 business in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 100.5 | — |
| 2004 | 100.5 | +0.0% |
| 2005 | 104.5 | +4.0% |
| 2006 | 74.5 | -28.7% |
| 2007 | 74.5 | +0.0% |
| 2008 | 67 | -10.1% |
| 2009 | 41 | -38.8% |
| 2010 | 42.5 | +3.7% |
| 2011 | 41.5 | -2.4% |
| 2012 | 41.5 | +0.0% |
| 2013 | 41.5 | +0.0% |
| 2014 | 41.5 | +0.0% |
| 2015 | 41.5 | +0.0% |
| 2016 | 41 | -1.2% |
| 2017 | 41 | +0.0% |
| 2018 | 26 | -36.6% |
| 2019 | 26 | +0.0% |
Peru compared with similar countries
- Peru's 26 is above the median for upper middle income countries, which is 12, 2.2× the median. (55 countries reporting)
- Peru's 26 is above the median for Latin America & Caribbean, which is 16, 1.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Time required to start 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.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -38.8% | 67 | 41 |
| 2018 | -36.6% | 41 | 26 |
| 2006 | -28.7% | 104.5 | 74.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 80.36 | 41 | 104.5 | 7 |
| 2010s | 38.4 | 26 | 42.5 | 10 |
Countries ranked near Peru
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is time required to start business in Peru?
- Time required to start business in Peru was 26 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Peru?
- The highest recorded value was 104.5 in 2005.
- What is the lowest time required to start business recorded in Peru?
- The lowest recorded value was 26 in 2018.
- How does Peru rank for time required to start business?
- Peru ranks 38th out of 188 countries with data for 2019.
- Is time required to start 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 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).