Colombia Time Required to Start a Business 2019: 10 days
Colombia's time required to start a business in 2019 is 10 days, down 9.1% from 2018. It ranks #112 of 189 countries.
Time required to start a business varies globally, highlighting efficiency in regulatory environments and economic growth potential.
Source (2019): Time required to start a business
Where Colombia ranks (2019)
#112 of 189- #110
Saudi Arabia10.4 days - #111
Russia10.1 days - #112
Colombia10 days - #112
Gabon10 days - #112
Kyrgyzstan10 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 10 days | 1 days | -9.09% | |
| 2018 | 11 days | 0 days | 0.00% | |
| 2017 | 11 days | 0 days | 0.00% | |
| 2016 | 11 days | 1 days | -8.33% | |
| 2015 | 12 days | 0 days | 0.00% | |
| 2014 | 12 days | 0 days | 0.00% | |
| 2013 | 12 days | 0 days | 0.00% | |
| 2012 | 12 days | +1 days | +9.09% | |
| 2011 | 11 days | 0 days | 0.00% | |
| 2010 | 11 days | 8 days | -42.11% | |
| 2009 | 19 days | 16 days | -45.71% | |
| 2008 | 35 days | 6 days | -14.63% | |
| 2007 | 41 days | 1 days | -2.38% | |
| 2006 | 42 days | +1 days | +2.44% | |
| 2005 | 41 days | 0 days | 0.00% | |
| 2004 | 41 days | 3 days | -6.82% | |
| 2003 | 44 days | — | — |
Cite this page
Geo Factbook. (n.d.). Colombia: Time Required to Start a Business. Retrieved November 13, 2026, from https://geofactbook.com/countries/colombia/time-required-to-start-a-business
The figures on this page come from Time required to start a business | Doing Business project, World Bank via Our World in Data. For academic work, cite the original source as well.
Frequently Asked Questions About Colombia Time Required to Start a Business
What is Colombia's time required to start a business in 2019?▾
Colombia's time required to start a business is 10 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Colombia's time required to start a business increasing or decreasing?▾
Colombia's time required to start a business fell by 9.1% from 2018 (11 days) to 2019 (10 days). Over the past decade (2009–2019) it fell by 47.4%.
How does Colombia rank for time required to start a business?▾
In 2019, Colombia has the 112th highest time required to start a business out of 189 countries with data.
What was Colombia's time required to start a business in 2003?▾
In 2003, Colombia's time required to start a business was 44 days. By 2019 it fell by 77.3%.
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