Laos vs Venezuela: Starting a business: Time - Men (days)
Starting a business: Time - Men (days) over time
- Laos
- Venezuela
How they compare
Venezuela currently reports 230 days against 173 days in Laos, a difference of 57 days.
That makes Venezuela's figure about 1.3 times Laos's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Venezuela ahead.
Laos ranks 2nd and Venezuela ranks 1st of 191 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 111.29 days | 142.29 days | 31 days | Venezuela |
| 2010s | 131 days | 182 days | 51 days | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: time - men, Laos or Venezuela?
- Venezuela, at 230 days against 173 days in Laos as of 2019.
- What is the difference in starting a business: time - men between Laos and Venezuela?
- 57 days, with Venezuela ahead.
- How many years of comparable data are there for Laos and Venezuela?
- 17 years are reported by both, from 2003 to 2019.
- How do Laos and Venezuela rank globally for starting a business: time - men?
- Laos ranks 2nd and Venezuela ranks 1st of 191 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.