Starting a business - Score in Venezuela, RB

Venezuela, RB: Starting a business - Score was 25 in 2019. ▼ Falling

Latest (2019)
25
Change on year
unchanged
World rank
188th
of 188 countries
All-time high
49.34
in 2005
All-time low
25
in 2017
Years of data
17
2003–2019

Starting a business - Score in Venezuela, RB, 2003–2019

010203040502003201120192003: 47.52004: 48.22005: 49.32006: 48.32007: 48.72008: 46.62009: 472010: 46.22011: 46.72012: 46.52013: 45.52014: 43.82015: 38.92016: 32.92017: 252018: 252019: 25

Source: World Bank.

Analysis

Venezuela, RB recorded 25 for starting a business - score in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 46.8% over ten years.

Over the whole period, starting a business - score in Venezuela, RB peaked at 49.34 in 2005 and was at its lowest, 25, in 2017.

Venezuela, RB ranks 188th of 188 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 47.96 46.65 49.34 7
2010s 37.56 25 46.74 10

Countries ranked near Venezuela, RB

  1. 185 Cambodia 52.42 compare
  2. 186 Somalia, Fed. Rep. 46 compare
  3. 187 Haiti 36.43 compare

See the full ranking of 190 places →

More private sector data for Venezuela, RB

All data for Venezuela, RB →

Frequently asked questions

What is starting a business - score in Venezuela, RB?
Starting a business - score in Venezuela, RB was 25 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Venezuela, RB?
The highest recorded value was 49.34 in 2005.
What is the lowest starting a business - score recorded in Venezuela, RB?
The lowest recorded value was 25 in 2017.
How does Venezuela, RB rank for starting a business - score?
Venezuela, RB ranks 188th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Venezuela, RB?
Over the last ten years it is down 46.8%. The long-run trend across the full record is falling.
Where does this Venezuela, RB 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

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.