Time required to start business in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Time required to start business was 10 in 2019. ▼ Falling

Latest (2019)
10
Change on year
unchanged
World rank
111th
of 188 countries
All-time high
12
in 2005
All-time low
10
in 2010
Years of data
15
2005–2019

Time required to start business in Saint Vincent and the Grenadines, 2005–2019

02.557.51012.52005201220192005: 122006: 122007: 122008: 122009: 112010: 102011: 102012: 102013: 102014: 102015: 102016: 102017: 102018: 102019: 10

Source: Our World in Data.

Analysis

In 2019, time required to start business in Saint Vincent and the Grenadines stood at 10. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 9.1% over ten years.

Over the whole period, time required to start business in Saint Vincent and the Grenadines peaked at 12 in 2005 and was at its lowest, 10, in 2010.

That places Saint Vincent and the Grenadines 111th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Time required to start business in Saint Vincent and the Grenadines, year by year

Annual values for Time required to start business in Saint Vincent and the Grenadines, 2005 to 2019.
Year Value Change
2005 12 —
2006 12 +0.0%
2007 12 +0.0%
2008 12 +0.0%
2009 11 -8.3%
2010 10 -9.1%
2011 10 +0.0%
2012 10 +0.0%
2013 10 +0.0%
2014 10 +0.0%
2015 10 +0.0%
2016 10 +0.0%
2017 10 +0.0%
2018 10 +0.0%
2019 10 +0.0%

Saint Vincent and the Grenadines compared with similar countries

  • Saint Vincent and the Grenadines's 10 is below the median for upper middle income countries, which is 12, 83% of the median. (55 countries reporting)
  • Saint Vincent and the Grenadines's 10 is below the median for Latin America & Caribbean, which is 16, 62% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.8 11 12 5
2010s 10 10 10 10

Countries ranked near Saint Vincent and the Grenadines

  1. 108 Trinidad and Tobago 10.5 compare
  2. 109 Saudi Arabia 10.4 compare
  3. 110 Russia 10.1 compare
  4. 111 Colombia 10 compare
  5. 111 Gabon 10 compare
  6. 111 Kyrgyzstan 10 compare
  7. 111 Niger 10 compare
  8. 111 Switzerland 10 compare

See the full ranking of 188 places →

More reference data data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is time required to start business in Saint Vincent and the Grenadines?
Time required to start business in Saint Vincent and the Grenadines was 10 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Saint Vincent and the Grenadines?
The highest recorded value was 12 in 2005.
What is the lowest time required to start business recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 10 in 2010.
How does Saint Vincent and the Grenadines rank for time required to start business?
Saint Vincent and the Grenadines ranks 111th out of 188 countries with data for 2019.
Is time required to start business rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is down 9.1%. The long-run trend across the full record is falling.
Where does this Saint Vincent and the Grenadines 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.

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Time required to start business in Saint Vincent and the Grenadines. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/st-vincent-and-the-grenadines/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed