Starting a business - Score in Ecuador

Ecuador: Starting a business - Score was 69.11 in 2019. β–² Rising

Latest (2019)
69.11
Change on year
up 0.1%
World rank
175th
of 188 countries
All-time high
69.19
in 2016
All-time low
50.73
in 2003
Years of data
17
2003–2019

Starting a business - Score in Ecuador, 2003–2019

02040602003201120192003: 50.72004: 51.32005: 58.32006: 60.22007: 60.62008: 59.92009: 61.72010: 642011: 64.72012: 64.52013: 65.12014: 65.32015: 68.52016: 69.22017: 692018: 69.12019: 69.1

Source: World Bank.

Analysis

The most recent figure for starting a business - score in Ecuador is 69.11, measured in 2019.

Compared with earlier readings it is up 0.1% on the previous year and up 12.1% over ten years.

Over the whole period, starting a business - score in Ecuador peaked at 69.19 in 2016 and was at its lowest, 50.73, in 2003.

Ecuador ranks 175th of 188 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 57.53 50.73 61.67 7
2010s 66.85 64.03 69.19 10

Countries ranked near Ecuador

  1. 172 Micronesia, Fed. Sts. 69.61 compare
  2. 173 Bolivia 69.36 compare
  3. 174 Mozambique 69.26 compare
  4. 176 Iran, Islamic Rep. 67.8 compare
  5. 177 Congo, Rep. 65.8 compare
  6. 178 Central African Republic 63.19 compare

See the full ranking of 190 places β†’

More private sector data for Ecuador

All data for Ecuador β†’

Frequently asked questions

What is starting a business - score in Ecuador?
Starting a business - score in Ecuador was 69.11 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Ecuador?
The highest recorded value was 69.19 in 2016.
What is the lowest starting a business - score recorded in Ecuador?
The lowest recorded value was 50.73 in 2003.
How does Ecuador rank for starting a business - score?
Ecuador ranks 175th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Ecuador?
Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
Where does this Ecuador 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 Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

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

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.