Laos Time Required to Start a Business 2019: 173 days
Laos's time required to start a business in 2019 is 173 days, down 0.6% from 2018. It ranks #2 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 Laos ranks (2019)
#2 of 189
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 173 days | 1 days | -0.57% | |
| 2018 | 174 days | 0 days | 0.00% | |
| 2017 | 174 days | 0 days | 0.00% | |
| 2016 | 174 days | 13 days | -6.95% | |
| 2015 | 187 days | +99 days | +112.50% | |
| 2014 | 88 days | 0 days | 0.00% | |
| 2013 | 88 days | 0 days | 0.00% | |
| 2012 | 88 days | +10 days | +12.82% | |
| 2011 | 78 days | 8 days | -9.30% | |
| 2010 | 86 days | 0 days | 0.00% | |
| 2009 | 86 days | 0 days | 0.00% | |
| 2008 | 86 days | 0 days | 0.00% | |
| 2007 | 86 days | 30 days | -25.86% | |
| 2006 | 116 days | 19 days | -14.07% | |
| 2005 | 135 days | 0 days | 0.00% | |
| 2004 | 135 days | 0 days | 0.00% | |
| 2003 | 135 days | — | — |
Frequently Asked Questions About Laos Time Required to Start a Business
What is Laos's time required to start a business in 2019?▾
Laos's time required to start a business is 173 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Laos's time required to start a business increasing or decreasing?▾
Laos's time required to start a business fell by 0.6% from 2018 (174 days) to 2019 (173 days). Over the past decade (2009–2019) it rose by 101.2%.
How does Laos rank for time required to start a business?▾
In 2019, Laos has the 2nd highest time required to start a business out of 189 countries with data.
What was Laos's time required to start a business in 2003?▾
In 2003, Laos's time required to start a business was 135 days. By 2019 it rose by 28.1%.
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