Time required to start a business in Puerto Rico

Puerto Rico: Time required to start a business was 5.5 days in 2019. ▼ Falling

Latest (2019)
5.5 days
Change on year
unchanged
World rank
156th
of 188 countries
All-time high
7 days
in 2003
All-time low
5.5 days
in 2016
Years of data
17
2003–2019

Time required to start a business in Puerto Rico, 2003–2019

024682003201120192003: 7 days2004: 7 days2005: 7 days2006: 7 days2007: 7 days2008: 7 days2009: 7 days2010: 7 days2011: 6 days2012: 6 days2013: 6 days2014: 6 days2015: 6 days2016: 5.5 days2017: 5.5 days2018: 5.5 days2019: 5.5 days

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

Analysis

In 2019, time required to start a business in Puerto Rico stood at 5.5 days. That is the lowest value across all 17 years on record.

That represents a change of down 21.4% over ten years.

Over the whole period, time required to start a business in Puerto Rico peaked at 7 days in 2003 and was at its lowest, 5.5 days, in 2016.

That places Puerto Rico 156th out of 188 countries with data for 2019, putting it in the bottom quarter.

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

Time required to start a business in Puerto Rico, year by year

Annual values for Time required to start a business in Puerto Rico, 2003 to 2019.
Year days Change
2003 7 days
2004 7 days +0.0%
2005 7 days +0.0%
2006 7 days +0.0%
2007 7 days +0.0%
2008 7 days +0.0%
2009 7 days +0.0%
2010 7 days +0.0%
2011 6 days -14.3%
2012 6 days +0.0%
2013 6 days +0.0%
2014 6 days +0.0%
2015 6 days +0.0%
2016 5.5 days -8.3%
2017 5.5 days +0.0%
2018 5.5 days +0.0%
2019 5.5 days +0.0%

Puerto Rico compared with similar countries

  • Puerto Rico's 5.5 days is below the median for high income countries, which is 8.5 days, 65% of the median. (62 countries reporting)
  • Puerto Rico's 5.5 days is below the median for Latin America & Caribbean, which is 16 days, 34% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 7 days 7 days 7 days 7
2010s 5.9 days 5.5 days 7 days 10

Countries ranked near Puerto Rico

  1. 156 Brunei 5.5 days compare
  2. 156 Latvia 5.5 days compare
  3. 156 Lithuania 5.5 days compare

See the full ranking of 188 places →

More reference data data for Puerto Rico

All data for Puerto Rico →

Frequently asked questions

What is time required to start a business in Puerto Rico?
Time required to start a business in Puerto Rico was 5.5 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 Puerto Rico?
The highest recorded value was 7 days in 2003.
What is the lowest time required to start a business recorded in Puerto Rico?
The lowest recorded value was 5.5 days in 2016.
How does Puerto Rico rank for time required to start a business?
Puerto Rico ranks 156th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Puerto Rico?
Over the last ten years it is down 21.4%. The long-run trend across the full record is falling.
Where does this Puerto Rico 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 Puerto Rico. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/puerto-rico-us/

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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.