Latvia vs Puerto Rico: Starting a business: Time - Men

Latvia
5.5 days
in 2019
Puerto Rico
5.5 days
in 2019
Latvia rank
157th
Puerto Rico rank
157th

Starting a business: Time - Men over time

  • Latvia
  • Puerto Rico
57.51012.515200320112019

How they compare

Latvia currently reports 5.5 days against 5.5 days in Puerto Rico, a difference of 0 days.

The two have swapped places 1 time across 17 shared years of data; in 2003 it was Latvia ahead.

Latvia ranks 157th and Puerto Rico ranks 157th of 191 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Puerto Rico Difference Ahead
2000s 15.86 days 7 days 8.86 days Latvia
2010s 9.9 days 5.9 days 4 days Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher starting a business: time - men, Latvia or Puerto Rico?
Latvia, at 5.5 days against 5.5 days in Puerto Rico as of 2019.
What is the difference in starting a business: time - men between Latvia and Puerto Rico?
0 days, with Latvia ahead.
How many years of comparable data are there for Latvia and Puerto Rico?
17 years are reported by both, from 2003 to 2019.
How do Latvia and Puerto Rico rank globally for starting a business: time - men?
Latvia ranks 157th and Puerto Rico ranks 157th 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.

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Latvia vs Puerto Rico: Starting a business: Time - Men. Statizoid. Retrieved 25 August 2026, from https://private-sector.statizoid.com/compare/starting-a-business-time-men-days/latvia/puerto-rico-us/

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About this data

Indicator
Starting a business: Time - Men (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 data points, 2003–2019
Last refreshed

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.