Dominican Republic Time Required to Start a Business 2019: 16.50 days

Dominican Republic's time required to start a business in 2019 is 16.50 days, unchanged from 2018. It ranks #66 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

Historical Trend

Time Required to Start a Business over time

Year-by-Year Data
YearValueChange% ChangeActions
201916.5 days0 days0.00%
201816.5 days0 days0.00%
201716.5 days2 days-10.81%
201618.5 days+4 days+27.59%
201514.5 days0 days0.00%
201414.5 days0 days0.00%
201314.5 days0 days0.00%
201214.5 days0 days0.00%
201114.5 days0.5 days-3.33%
201015 days1 days-6.25%
200916 days+1 days+6.67%
200815 days10 days-40.00%
200725 days51 days-67.11%
200676 days0 days0.00%
200576 days3 days-3.80%
200479 days0 days0.00%
200379 days——

Frequently Asked Questions About Dominican Republic Time Required to Start a Business

What is Dominican Republic's time required to start a business in 2019?▾

Dominican Republic's time required to start a business is 16.50 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.

Is Dominican Republic's time required to start a business increasing or decreasing?▾

Dominican Republic's time required to start a business was essentially unchanged from 2018 (16.50 days) to 2019 (16.50 days). Over the past decade (2009–2019) it rose by 3.1%.

How does Dominican Republic rank for time required to start a business?▾

In 2019, Dominican Republic has the 66th highest time required to start a business out of 189 countries with data.

What was Dominican Republic's time required to start a business in 2003?▾

In 2003, Dominican Republic's time required to start a business was 79 days. By 2019 it fell by 79.1%.

Other Facts about Dominican Republic

Explore additional statistical insights