Starting a business: Procedures required - Men (number) in Venezuela
Venezuela: Starting a business: Procedures required - Men was 20 number in 2019. ▲ Rising
Starting a business: Procedures required - Men in Venezuela, 2003–2019
Source: World Bank. Measured in number.
Analysis
The most recent figure for starting a business: procedures required - men in Venezuela is 20 number, measured in 2019. That is the highest value across all 17 years on record.
The figure is up 11.1% over ten years.
Over the whole period, starting a business: procedures required - men in Venezuela peaked at 20 number in 2014 and was at its lowest, 16 number, in 2003.
That places Venezuela 1st out of 191 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Procedures required - Men in Venezuela, year by year
| Year | number | Change |
|---|---|---|
| 2003 | 16 number | — |
| 2004 | 16 number | +0.0% |
| 2005 | 16 number | +0.0% |
| 2006 | 17 number | +6.2% |
| 2007 | 18 number | +5.9% |
| 2008 | 18 number | +0.0% |
| 2009 | 18 number | +0.0% |
| 2010 | 19 number | +5.6% |
| 2011 | 19 number | +0.0% |
| 2012 | 19 number | +0.0% |
| 2013 | 19 number | +0.0% |
| 2014 | 20 number | +5.3% |
| 2015 | 20 number | +0.0% |
| 2016 | 20 number | +0.0% |
| 2017 | 20 number | +0.0% |
| 2018 | 20 number | +0.0% |
| 2019 | 20 number | +0.0% |
Venezuela compared with similar countries
- Venezuela's 20 number is above the median for lower middle income countries, which is 7 number, 2.9× the median. (47 countries reporting)
- Venezuela's 20 number is above the median for Latin America & Caribbean, which is 7 number, 2.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17 number | 16 number | 18 number | 7 |
| 2010s | 19.6 number | 19 number | 20 number | 10 |
Countries ranked near Venezuela
- 2 Equatorial Guinea 16 number compare
- 3 Bosnia and Herzegovina 13 number compare
- 3 Eritrea 13 number compare
- 3 Philippines 13 number compare
- 3 Uganda 13 number compare
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Venezuela?
- Starting a business: procedures required - men in Venezuela was 20 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Venezuela?
- The highest recorded value was 20 number in 2014.
- What is the lowest starting a business: procedures required - men recorded in Venezuela?
- The lowest recorded value was 16 number in 2003.
- How does Venezuela rank for starting a business: procedures required - men?
- Venezuela ranks 1st out of 191 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Venezuela?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.