Time required to start a business in Venezuela
Venezuela: Time required to start a business was 230 days in 2019. ▲ Rising
Time required to start a business in Venezuela, 2003–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
Venezuela recorded 230 days for time required to start a business in 2019. That is the highest value across all 17 years on record.
That represents a change of up 63.1% over ten years.
Over the whole period, time required to start a business in Venezuela peaked at 230 days in 2016 and was at its lowest, 141 days, in 2008.
Venezuela ranks 1st of 188 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Time required to start a business in Venezuela, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 143 days | — |
| 2004 | 143 days | +0.0% |
| 2005 | 143 days | +0.0% |
| 2006 | 143 days | +0.0% |
| 2007 | 142 days | -0.7% |
| 2008 | 141 days | -0.7% |
| 2009 | 141 days | +0.0% |
| 2010 | 141 days | +0.0% |
| 2011 | 141 days | +0.0% |
| 2012 | 144 days | +2.1% |
| 2013 | 144 days | +0.0% |
| 2014 | 144 days | +0.0% |
| 2015 | 186 days | +29.2% |
| 2016 | 230 days | +23.7% |
| 2017 | 230 days | +0.0% |
| 2018 | 230 days | +0.0% |
| 2019 | 230 days | +0.0% |
Venezuela compared with similar countries
- Venezuela's 230 days is above the median for lower middle income countries, which is 15 days, 15.3× the median. (47 countries reporting)
- Venezuela's 230 days is above the median for Latin America & Caribbean, which is 16 days, 14.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 142.29 days | 141 days | 143 days | 7 |
| 2010s | 182 days | 141 days | 230 days | 10 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 51.45 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 506.81 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1,190 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 14,168 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 41.16 (2050)
Frequently asked questions
- What is time required to start a business in Venezuela?
- Time required to start a business in Venezuela was 230 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 Venezuela?
- The highest recorded value was 230 days in 2016.
- What is the lowest time required to start a business recorded in Venezuela?
- The lowest recorded value was 141 days in 2008.
- How does Venezuela rank for time required to start a business?
- Venezuela ranks 1st out of 188 countries with data for 2019.
- Is time required to start a business rising or falling in Venezuela?
- Over the last ten years it is up 63.1%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Number of calendar days needed to complete the procedures to legally operate a business.