Starting a business: Procedures required - Men in Nicaragua
Nicaragua: Starting a business: Procedures required - Men was 7 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Nicaragua, 2003–2019
Source: World Bank. Measured in number.
Analysis
In 2019, starting a business: procedures required - men in Nicaragua stood at 7 number. That is the lowest value across all 17 years on record.
The figure is down 12.5% over ten years.
Over the whole period, starting a business: procedures required - men in Nicaragua peaked at 11 number in 2003 and was at its lowest, 7 number, in 2014.
Nicaragua ranks 63rd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.43 number | 8 number | 11 number | 7 |
| 2010s | 7.4 number | 7 number | 8 number | 10 |
Countries ranked near Nicaragua
- 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 Guyana 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 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 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 Nicaragua
- Merchandise trade 95.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 68.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Food exports 42.6% (2024)
- Manufactures exports 37.0% (2024)
- Merchandise exports 8.89 billion current US$ (2025)
- Commercial service exports 1.19 billion current US$ (2024)
- Transport services 57.8% (2024)
- Computer, communications and other services 9.6% (2024)
Frequently asked questions
- What is starting a business: procedures required - men in Nicaragua?
- Starting a business: procedures required - men in Nicaragua was 7 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Nicaragua?
- The highest recorded value was 11 number in 2003.
- What is the lowest starting a business: procedures required - men recorded in Nicaragua?
- The lowest recorded value was 7 number in 2014.
- How does Nicaragua rank for starting a business: procedures required - men?
- Nicaragua ranks 63rd out of 188 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Nicaragua?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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
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.