Latvia vs Panama: Starting a business: Time - Men (days) - Score

Latvia
94.97
in 2019
Panama
94.47
in 2019
Latvia rank
32nd
Panama rank
35th

Starting a business: Time - Men (days) - Score over time

  • Latvia
  • Panama
020406080100200320112019

How they compare

Latvia currently reports 94.97 against 94.47 in Panama, a difference of 0.5.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Latvia ahead.

Latvia ranks 32nd and Panama ranks 35th of 190 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Panama in 1.

Head to head by decade

Decade Latvia Panama Difference Ahead
2000s 84.57 84.13 0.4307 Latvia
2010s 90.55 93.87 3.32 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher starting a business: time - men (days) - score, Latvia or Panama?
Latvia, at 94.97 against 94.47 in Panama as of 2019.
What is the difference in starting a business: time - men (days) - score between Latvia and Panama?
0.5, with Latvia ahead.
How many years of comparable data are there for Latvia and Panama?
17 years are reported by both, from 2003 to 2019.
How do Latvia and Panama rank globally for starting a business: time - men (days) - score?
Latvia ranks 32nd and Panama ranks 35th of 190 countries.
Where does this data come from?
The World Bank, published as Starting a business: Time - Men (days) - Score. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: Starting a business: Time - Men (days) - Score. Statizoid. Retrieved 19 August 2026, from https://private-sector.statizoid.com/compare/starting-a-business-time-men-days-score/latvia/panama/

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About this data

Indicator
Starting a business: Time - Men (days) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for the time for men benchmarks economies with respect to the regulatory best practice on the indicator. The score ranges from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.