Starting a business - Score in Eritrea

Eritrea: Starting a business - Score was 52.86 in 2019. β–² Rising

Latest (2019)
52.86
Change on year
up 1.8%
World rank
183rd
of 188 countries
All-time high
52.86
in 2019
All-time low
18.93
in 2004
Years of data
16
2004–2019

Starting a business - Score in Eritrea, 2004–2019

02040602004201120192004: 18.92005: 22.12006: 23.92007: 20.92008: 23.82009: 33.22010: 362011: 38.42012: 42.12013: 42.82014: 44.82015: 46.22016: 46.42017: 50.62018: 51.92019: 52.9

Source: World Bank.

Analysis

In 2019, starting a business - score in Eritrea stood at 52.86. That is the highest value across all 16 years on record.

That represents a change of up 1.8% on the previous year and up 59.0% over ten years.

Over the whole period, starting a business - score in Eritrea peaked at 52.86 in 2019 and was at its lowest, 18.93, in 2004.

That places Eritrea 183rd out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.81 18.93 33.25 6
2010s 45.19 35.95 52.86 10

Countries ranked near Eritrea

  1. 180 Suriname 61.56 compare
  2. 181 Equatorial Guinea 60.96 compare
  3. 182 Bosnia and Herzegovina 60.03 compare
  4. 184 Chad 52.52 compare
  5. 185 Cambodia 52.42 compare
  6. 186 Somalia 46 compare

See the full ranking of 190 places β†’

More private sector data for Eritrea

All data for Eritrea β†’

Frequently asked questions

What is starting a business - score in Eritrea?
Starting a business - score in Eritrea was 52.86 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Eritrea?
The highest recorded value was 52.86 in 2019.
What is the lowest starting a business - score recorded in Eritrea?
The lowest recorded value was 18.93 in 2004.
How does Eritrea rank for starting a business - score?
Eritrea ranks 183rd out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Eritrea?
Over the last ten years it is up 59.0%. The long-run trend across the full record is rising.
Where does this Eritrea 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€” 16 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.