Starting a business: Time - Men in Colombia
Colombia: Starting a business: Time - Men was 10 days in 2019. ◆ Volatile
Starting a business: Time - Men in Colombia, 2003–2019
Source: World Bank. Measured in days.
Analysis
Colombia recorded 10 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 9.1% on the previous year and down 47.4% over ten years.
Over the whole period, starting a business: time - men in Colombia peaked at 44 days in 2003 and was at its lowest, 10 days, in 2019.
Colombia ranks 109th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.57 days | 19 days | 44 days | 7 |
| 2010s | 11.3 days | 10 days | 12 days | 10 |
Countries ranked near Colombia
- 107 Trinidad and Tobago 10.5 days compare
- 108 Russian Federation 10.1 days compare
- 109 Gabon 10 days compare
- 109 Kyrgyz Republic 10 days compare
- 109 Niger 10 days compare
- 109 Saudi Arabia 10 days compare
- 109 St. Vincent and the Grenadines 10 days compare
- 109 Switzerland 10 days compare
- 109 Taiwan 10 days compare
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Commercial service exports 19.37 billion current US$ (2025)
- Transport services 24.5% (2025)
- Computer, communications and other services 32.5% (2025)
Frequently asked questions
- What is starting a business: time - men in Colombia?
- Starting a business: time - men in Colombia was 10 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Colombia?
- The highest recorded value was 44 days in 2003.
- What is the lowest starting a business: time - men recorded in Colombia?
- The lowest recorded value was 10 days in 2019.
- How does Colombia rank for starting a business: time - men?
- Colombia ranks 109th out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Colombia?
- Over the last ten years it is down 47.4%. The long-run trend across the full record is volatile.
- Where does this Colombia 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
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.