Starting a business - Score in Guinea

Guinea: Starting a business - Score was 84.46 in 2019. β–² Rising

Latest (2019)
84.46
Change on year
up 0.7%
World rank
121st
of 188 countries
All-time high
84.46
in 2019
All-time low
21.89
in 2003
Years of data
17
2003–2019

Starting a business - Score in Guinea, 2003–2019

204060802003201120192003: 21.92004: 23.92005: 26.62006: 26.22007: 31.62008: 322009: 31.52010: 30.42011: 34.22012: 48.32013: 55.52014: 52.82015: 77.42016: 77.62017: 79.22018: 83.92019: 84.5

Source: World Bank.

Analysis

In 2019, starting a business - score in Guinea stood at 84.46. That is the highest value across all 17 years on record.

The figure is up 0.7% on the previous year and up 168.0% over ten years.

Over the whole period, starting a business - score in Guinea peaked at 84.46 in 2019 and was at its lowest, 21.89, in 2003.

Guinea ranks 121st of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.67 21.89 31.96 7
2010s 62.37 30.43 84.46 10

Countries ranked near Guinea

  1. 118 Gambia, The 84.58 compare
  2. 119 Jordan 84.5 compare
  3. 120 Cabo Verde 84.47 compare
  4. 122 Mali 84.27 compare
  5. 123 Germany 83.67 compare
  6. 124 Malaysia 83.32 compare

See the full ranking of 190 places β†’

More private sector data for Guinea

All data for Guinea β†’

Frequently asked questions

What is starting a business - score in Guinea?
Starting a business - score in Guinea was 84.46 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Guinea?
The highest recorded value was 84.46 in 2019.
What is the lowest starting a business - score recorded in Guinea?
The lowest recorded value was 21.89 in 2003.
How does Guinea rank for starting a business - score?
Guinea ranks 121st out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Guinea?
Over the last ten years it is up 168.0%. The long-run trend across the full record is rising.
Where does this Guinea 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.