Time required to start business in Venezuela
Venezuela: Time required to start business was 230 in 2019. ▲ Rising
Latest (2019)
230
Change on year
unchanged
World rank
1st
of 188 countries
All-time high
230
in 2016
All-time low
141
in 2008
Years of data
17
2003–2019
Time required to start business in Venezuela, 2003–2019
Source: Our World in Data.
Analysis
Venezuela recorded 230 for time required to start 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 business in Venezuela peaked at 230 in 2016 and was at its lowest, 141, 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 business in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 143 | — |
| 2004 | 143 | +0.0% |
| 2005 | 143 | +0.0% |
| 2006 | 143 | +0.0% |
| 2007 | 142 | -0.7% |
| 2008 | 141 | -0.7% |
| 2009 | 141 | +0.0% |
| 2010 | 141 | +0.0% |
| 2011 | 141 | +0.0% |
| 2012 | 144 | +2.1% |
| 2013 | 144 | +0.0% |
| 2014 | 144 | +0.0% |
| 2015 | 186 | +29.2% |
| 2016 | 230 | +23.7% |
| 2017 | 230 | +0.0% |
| 2018 | 230 | +0.0% |
| 2019 | 230 | +0.0% |
Venezuela compared with similar countries
- Venezuela's 230 is above the median for lower middle income countries, which is 15, 15.3× the median. (47 countries reporting)
- Venezuela's 230 is above the median for Latin America & Caribbean, which is 16, 14.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 142.29 | 141 | 143 | 7 |
| 2010s | 182 | 141 | 230 | 10 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1,173 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 43,034 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 41.9 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.1023 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 39,390 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 1,537 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is time required to start business in Venezuela?
- Time required to start business in Venezuela was 230 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Venezuela?
- The highest recorded value was 230 in 2016.
- What is the lowest time required to start business recorded in Venezuela?
- The lowest recorded value was 141 in 2008.
- How does Venezuela rank for time required to start business?
- Venezuela ranks 1st out of 188 countries with data for 2019.
- Is time required to start 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 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).