Starting a business - Score in Colombia
Colombia: Starting a business - Score was 87.03 in 2019. ▲ Rising
Starting a business - Score in Colombia, 2003–2019
Source: World Bank.
Analysis
The most recent figure for starting a business - score in Colombia is 87.03, measured in 2019. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 6.2% over ten years.
Over the whole period, starting a business - score in Colombia peaked at 87.03 in 2019 and was at its lowest, 60.57, in 2003.
Colombia ranks 96th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business - Score in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 60.57 | — |
| 2004 | 70.45 | +16.3% |
| 2005 | 70.57 | +0.2% |
| 2006 | 69.54 | -1.5% |
| 2007 | 71.32 | +2.6% |
| 2008 | 76.24 | +6.9% |
| 2009 | 81.95 | +7.5% |
| 2010 | 83.76 | +2.2% |
| 2011 | 84.59 | +1.0% |
| 2012 | 84.4 | -0.2% |
| 2013 | 84.41 | +0.0% |
| 2014 | 84.41 | +0.0% |
| 2015 | 83.55 | -1.0% |
| 2016 | 85.31 | +2.1% |
| 2017 | 85.32 | +0.0% |
| 2018 | 85.31 | -0.0% |
| 2019 | 87.03 | +2.0% |
Colombia compared with similar countries
- Colombia's 87.03 is above the median for upper middle income countries, which is 86.74, 1.0× the median. (56 countries reporting)
- Colombia's 87.03 is above the median for Latin America & Caribbean, which is 85.6, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.52 | 60.57 | 81.95 | 7 |
| 2010s | 84.81 | 83.55 | 87.03 | 10 |
Countries ranked near Colombia
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is starting a business - score in Colombia?
- Starting a business - score in Colombia was 87.03 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Colombia?
- The highest recorded value was 87.03 in 2019.
- What is the lowest starting a business - score recorded in Colombia?
- The lowest recorded value was 60.57 in 2003.
- How does Colombia rank for starting a business - score?
- Colombia ranks 96th out of 191 countries with data for 2019.
- Is starting a business - score rising or falling in Colombia?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Starting a business - Score. 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 score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.