Time required to start a business in Saint Vincent and the Grenadines

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

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

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

02.557.51012.52005201220192005: 12 days2006: 12 days2007: 12 days2008: 12 days2009: 11 days2010: 10 days2011: 10 days2012: 10 days2013: 10 days2014: 10 days2015: 10 days2016: 10 days2017: 10 days2018: 10 days2019: 10 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 Saint Vincent and the Grenadines stood at 10 days. 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 a business in Saint Vincent and the Grenadines peaked at 12 days in 2005 and was at its lowest, 10 days, 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.

Averages by decade

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

Countries ranked near Saint Vincent and the Grenadines

  1. 108 Trinidad and Tobago 10.5 days compare
  2. 109 Saudi Arabia 10.4 days compare
  3. 110 Russia 10.1 days compare
  4. 111 Colombia 10 days compare
  5. 111 Gabon 10 days compare
  6. 111 Kyrgyzstan 10 days compare
  7. 111 Niger 10 days compare
  8. 111 Switzerland 10 days 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 a business in Saint Vincent and the Grenadines?
Time required to start a business in Saint Vincent and the Grenadines was 10 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 Saint Vincent and the Grenadines?
The highest recorded value was 12 days in 2005.
What is the lowest time required to start a business recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 10 days in 2010.
How does Saint Vincent and the Grenadines rank for time required to start a business?
Saint Vincent and the Grenadines ranks 111th out of 188 countries with data for 2019.
Is time required to start a 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 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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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.