Venezuela Time Required to Start a Business 2019: 230 days
Venezuela's time required to start a business in 2019 is 230 days, unchanged from 2018. It ranks #1 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 Venezuela ranks (2019)
#1 of 189- #1
Venezuela230 days - #2
Laos173 days - #3
Cambodia99 days - #4
Haiti97 days - #5
Eritrea84 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 230 days | 0 days | 0.00% | |
| 2018 | 230 days | 0 days | 0.00% | |
| 2017 | 230 days | 0 days | 0.00% | |
| 2016 | 230 days | +44 days | +23.66% | |
| 2015 | 186 days | +42 days | +29.17% | |
| 2014 | 144 days | 0 days | 0.00% | |
| 2013 | 144 days | 0 days | 0.00% | |
| 2012 | 144 days | +3 days | +2.13% | |
| 2011 | 141 days | 0 days | 0.00% | |
| 2010 | 141 days | 0 days | 0.00% | |
| 2009 | 141 days | 0 days | 0.00% | |
| 2008 | 141 days | 1 days | -0.70% | |
| 2007 | 142 days | 1 days | -0.70% | |
| 2006 | 143 days | 0 days | 0.00% | |
| 2005 | 143 days | 0 days | 0.00% | |
| 2004 | 143 days | 0 days | 0.00% | |
| 2003 | 143 days | — | — |
Cite this page
Geo Factbook. (n.d.). Venezuela: Time Required to Start a Business. Retrieved November 13, 2026, from https://geofactbook.com/countries/venezuela/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 Venezuela Time Required to Start a Business
What is Venezuela's time required to start a business in 2019?▾
Venezuela's time required to start a business is 230 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Venezuela's time required to start a business increasing or decreasing?▾
Venezuela's time required to start a business was essentially unchanged from 2018 (230 days) to 2019 (230 days). Over the past decade (2009–2019) it rose by 63.1%.
How does Venezuela rank for time required to start a business?▾
In 2019, Venezuela has the 1st highest time required to start a business out of 189 countries with data.
What was Venezuela's time required to start a business in 2003?▾
In 2003, Venezuela's time required to start a business was 143 days. By 2019 it rose by 60.8%.
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