Starting a business: Procedures required - Men (number) in Guyana
Guyana: Starting a business: Procedures required - Men was 7 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Guyana, 2004–2019
Source: World Bank. Measured in number.
Analysis
Guyana recorded 7 number for starting a business: procedures required - men in 2019. That is the lowest value across all 16 years on record.
The figure is down 12.5% over ten years.
Over the whole period, starting a business: procedures required - men in Guyana peaked at 8 number in 2004 and was at its lowest, 7 number, in 2012.
Guyana ranks 63rd of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Starting a business: Procedures required - Men in Guyana, year by year
| Year | number | Change |
|---|---|---|
| 2004 | 8 number | — |
| 2005 | 8 number | +0.0% |
| 2006 | 8 number | +0.0% |
| 2007 | 8 number | +0.0% |
| 2008 | 8 number | +0.0% |
| 2009 | 8 number | +0.0% |
| 2010 | 8 number | +0.0% |
| 2011 | 8 number | +0.0% |
| 2012 | 7 number | -12.5% |
| 2013 | 7 number | +0.0% |
| 2014 | 7 number | +0.0% |
| 2015 | 7 number | +0.0% |
| 2016 | 7 number | +0.0% |
| 2017 | 7 number | +0.0% |
| 2018 | 7 number | +0.0% |
| 2019 | 7 number | +0.0% |
Guyana compared with similar countries
- Guyana's 7 number is above the median for high income countries, which is 5 number, 1.4× the median. (62 countries reporting)
- Guyana's 7 number is above the median for Latin America & Caribbean, which is 7 number, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8 number | 8 number | 8 number | 6 |
| 2010s | 7.2 number | 7 number | 8 number | 10 |
Countries ranked near Guyana
- 62 Mexico 7.83 number compare
- 63 Nigeria 7 number compare
- 63 Bahamas 7 number compare
- 63 Barbados 7 number compare
- 63 Bulgaria 7 number compare
- 63 Colombia 7 number compare
- 63 Croatia 7 number compare
- 63 Dominican Republic 7 number compare
- 63 Gabon 7 number compare
- 63 Italy 7 number compare
- 63 Jordan 7 number compare
- 63 Kenya 7 number compare
- 63 Kiribati 7 number compare
- 63 Malawi 7 number compare
- 63 Micronesia (country) 7 number compare
- 63 Nicaragua 7 number compare
- 63 Paraguay 7 number compare
- 63 San Marino 7 number compare
- 63 Serbia 7 number compare
- 63 Slovakia 7 number compare
- 63 Solomon Islands 7 number compare
- 63 South Africa 7 number compare
- 63 Spain 7 number compare
- 63 Sri Lanka 7 number compare
- 63 Saint Kitts and Nevis 7 number compare
- 63 Saint Vincent and the Grenadines 7 number compare
- 63 Syria 7 number compare
- 63 Trinidad and Tobago 7 number compare
- 63 Turkey 7 number compare
- 63 Vanuatu 7 number compare
- 63 Zambia 7 number compare
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6898 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Guyana?
- Starting a business: procedures required - men in Guyana was 7 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Guyana?
- The highest recorded value was 8 number in 2004.
- What is the lowest starting a business: procedures required - men recorded in Guyana?
- The lowest recorded value was 7 number in 2012.
- How does Guyana rank for starting a business: procedures required - men?
- Guyana ranks 63rd out of 191 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Guyana?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Guyana 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.
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About this data
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.