Starting a business - Score in Guyana
Guyana: Starting a business - Score was 85.6 in 2019. ▲ Rising
Starting a business - Score in Guyana, 2004–2019
Source: World Bank.
Analysis
Guyana recorded 85.6 for starting a business - score in 2019.
That represents a change of up 5.8% over ten years.
Over the whole period, starting a business - score in Guyana peaked at 85.61 in 2018 and was at its lowest, 65.98, in 2004.
Guyana ranks 112th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Starting a business - Score in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 65.98 | — |
| 2005 | 67.22 | +1.9% |
| 2006 | 67.34 | +0.2% |
| 2007 | 70.15 | +4.2% |
| 2008 | 72.15 | +2.9% |
| 2009 | 80.94 | +12.2% |
| 2010 | 81.93 | +1.2% |
| 2011 | 83.4 | +1.8% |
| 2012 | 85.04 | +2.0% |
| 2013 | 85.23 | +0.2% |
| 2014 | 85.34 | +0.1% |
| 2015 | 85.42 | +0.1% |
| 2016 | 85.45 | +0.0% |
| 2017 | 85.55 | +0.1% |
| 2018 | 85.61 | +0.1% |
| 2019 | 85.6 | -0.0% |
Guyana compared with similar countries
- Guyana's 85.6 is below the median for high income countries, which is 91.07, 94% of the median. (62 countries reporting)
- Guyana's 85.6 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 | 70.63 | 65.98 | 80.94 | 6 |
| 2010s | 84.86 | 81.93 | 85.61 | 10 |
Countries ranked near Guyana
- 109 Qatar 86.05 compare
- 110 Saint Kitts and Nevis 85.88 compare
- 111 Solomon Islands 85.62 compare
- 113 Dominican Republic 85.44 compare
- 114 Bulgaria 85.4 compare
- 115 Croatia 85.28 compare
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6898 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is starting a business - score in Guyana?
- Starting a business - score in Guyana was 85.6 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Guyana?
- The highest recorded value was 85.61 in 2018.
- What is the lowest starting a business - score recorded in Guyana?
- The lowest recorded value was 65.98 in 2004.
- How does Guyana rank for starting a business - score?
- Guyana ranks 112th out of 191 countries with data for 2019.
- Is starting a business - score rising or falling in Guyana?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this Guyana 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 — 16 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.