Lao People's Democratic Republic vs Venezuela, Bolivarian Republic of: Starting a business: Time - Men
Starting a business: Time - Men over time
- Lao People's Democratic Republic
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 230 days against 173 days in Lao People's Democratic Republic, a difference of 57 days.
That makes Venezuela, Bolivarian Republic of's figure about 1.3 times Lao People's Democratic Republic's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Venezuela, Bolivarian Republic of ahead.
Lao People's Democratic Republic ranks 2nd and Venezuela, Bolivarian Republic of ranks 1st of 190 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 111.29 days | 142.29 days | 31 days | Venezuela, Bolivarian Republic of |
| 2010s | 131 days | 182 days | 51 days | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: time - men, Lao People's Democratic Republic or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 230 days against 173 days in Lao People's Democratic Republic as of 2019.
- What is the difference in starting a business: time - men between Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
- 57 days, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
- 17 years are reported by both, from 2003 to 2019.
- How do Lao People's Democratic Republic and Venezuela, Bolivarian Republic of rank globally for starting a business: time - men?
- Lao People's Democratic Republic ranks 2nd and Venezuela, Bolivarian Republic of ranks 1st of 190 countries.
- Where does this data come from?
- The World Bank, published as Starting a business: Time - Men (days). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The time for men captures the median duration that business incorporation experts indicate is necessary for five male married entrepreneurs to complete all procedures required to start and operate a business with minimum follow-up and no extra payments. It is calulared in calendar days. The time estimates of all procedures are added to calculate the total time required to start and operate a business, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.