Starting a business: Procedures required - Men in Guinea

Guinea: Starting a business: Procedures required - Men was 6 number in 2019. ▼ Falling

Latest (2019)
6 number
Change on year
unchanged
World rank
94th
of 188 countries
All-time high
12 number
in 2003
All-time low
6 number
in 2018
Years of data
17
2003–2019

Starting a business: Procedures required - Men in Guinea, 2003–2019

02.557.51012.52003201120192003: 12 number2004: 12 number2005: 12 number2006: 12 number2007: 12 number2008: 12 number2009: 12 number2010: 12 number2011: 12 number2012: 7 number2013: 7 number2014: 7 number2015: 7 number2016: 7 number2017: 7 number2018: 6 number2019: 6 number

Source: World Bank. Measured in number.

Analysis

In 2019, starting a business: procedures required - men in Guinea stood at 6 number. That is the lowest value across all 17 years on record.

The figure is down 50.0% over ten years.

Over the whole period, starting a business: procedures required - men in Guinea peaked at 12 number in 2003 and was at its lowest, 6 number, in 2018.

That places Guinea 94th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 12 number 12 number 12 number 7
2010s 7.8 number 6 number 12 number 10

Countries ranked near Guinea

  1. 94 United States 6 number compare
  2. 94 Bahrain 6 number compare
  3. 94 Chile 6 number compare
  4. 94 Gambia 6 number compare
  5. 94 Grenada 6 number compare
  6. 94 Guatemala 6 number compare
  7. 94 Hungary 6 number compare
  8. 94 Lesotho 6 number compare
  9. 94 Maldives 6 number compare
  10. 94 Myanmar 6 number compare
  11. 94 North Macedonia 6 number compare
  12. 94 Papua New Guinea 6 number compare
  13. 94 Portugal 6 number compare
  14. 94 Puerto Rico 6 number compare
  15. 94 Romania 6 number compare
  16. 94 Sao Tome and Principe 6 number compare
  17. 94 Switzerland 6 number compare
  18. 94 East Timor 6 number compare
  19. 94 Ukraine 6 number compare
  20. 94 Yemen 6 number compare

See the full ranking of 190 places →

More private sector data for Guinea

All data for Guinea →

Frequently asked questions

What is starting a business: procedures required - men in Guinea?
Starting a business: procedures required - men in Guinea was 6 number in 2019, according to the World Bank.
What is the highest starting a business: procedures required - men recorded in Guinea?
The highest recorded value was 12 number in 2003.
What is the lowest starting a business: procedures required - men recorded in Guinea?
The lowest recorded value was 6 number in 2018.
How does Guinea rank for starting a business: procedures required - men?
Guinea ranks 94th out of 188 countries with data for 2019.
Is starting a business: procedures required - men rising or falling in Guinea?
Over the last ten years it is down 50.0%. The long-run trend across the full record is falling.
Where does this Guinea data come from?
The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

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

The number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.