Starting a business: Time - Men in Chile

Chile: Starting a business: Time - Men was 4 days in 2019. ◆ Volatile

Latest (2019)
4 days
Change on year
down 33.3%
World rank
167th
of 188 countries
All-time high
42 days
in 2003
All-time low
4 days
in 2019
Years of data
17
2003–2019

Starting a business: Time - Men in Chile, 2003–2019

0102030402003201120192003: 42 days2004: 42 days2005: 42 days2006: 40 days2007: 40 days2008: 40 days2009: 40 days2010: 36.5 days2011: 9.5 days2012: 7.5 days2013: 7.5 days2014: 7.5 days2015: 7.5 days2016: 7.5 days2017: 7.5 days2018: 6 days2019: 4 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Chile is 4 days, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 33.3% on the previous year and down 90.0% over ten years.

Over the whole period, starting a business: time - men in Chile peaked at 42 days in 2003 and was at its lowest, 4 days, in 2019.

That places Chile 167th out of 188 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.86 days 40 days 42 days 7
2010s 10.1 days 4 days 36.5 days 10

Countries ranked near Chile

  1. 166 United States 4.2 days compare
  2. 167 Armenia 4 days compare
  3. 167 France 4 days compare
  4. 167 Greece 4 days compare
  5. 167 Moldova 4 days compare
  6. 167 Norway 4 days compare
  7. 167 Oman 4 days compare
  8. 167 Rwanda 4 days compare

See the full ranking of 190 places →

More private sector data for Chile

All data for Chile →

Frequently asked questions

What is starting a business: time - men in Chile?
Starting a business: time - men in Chile was 4 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Chile?
The highest recorded value was 42 days in 2003.
What is the lowest starting a business: time - men recorded in Chile?
The lowest recorded value was 4 days in 2019.
How does Chile rank for starting a business: time - men?
Chile ranks 167th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Chile?
Over the last ten years it is down 90.0%. The long-run trend across the full record is volatile.
Where does this Chile data come from?
The figures come from the World Bank, published as part of Starting a business: Time - Men (days). 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: Time - Men (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time for men captures the median duration that business incorporation experts indicate is necessary for five male married entrepreneurs to complete all procedures required to start and operate a business with minimum follow-up and no extra payments. It is calulared in calendar days. The time estimates of all procedures are added to calculate the total time required to start and operate a business, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.