Starting a business: Time - Men in Grenada

Grenada: Starting a business: Time - Men was 12 days in 2019. ▼ Falling

Latest (2019)
12 days
Change on year
down 20.0%
World rank
89th
of 188 countries
All-time high
20 days
in 2005
All-time low
12 days
in 2019
Years of data
15
2005–2019

Starting a business: Time - Men in Grenada, 2005–2019

051015202005201220192005: 20 days2006: 20 days2007: 19 days2008: 19 days2009: 19 days2010: 14 days2011: 14 days2012: 14 days2013: 15 days2014: 15 days2015: 15 days2016: 15 days2017: 15 days2018: 15 days2019: 12 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Grenada is 12 days, measured in 2019. That is the lowest value across all 15 years on record.

The figure is down 20.0% on the previous year and down 36.8% over ten years.

Over the whole period, starting a business: time - men in Grenada peaked at 20 days in 2005 and was at its lowest, 12 days, in 2019.

That places Grenada 89th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.4 days 19 days 20 days 5
2010s 14.4 days 12 days 15 days 10

Countries ranked near Grenada

  1. 87 Indonesia 12.64 days compare
  2. 88 Spain 12.5 days compare
  3. 89 Bhutan 12 days compare
  4. 89 Dominica 12 days compare
  5. 89 Egypt 12 days compare
  6. 89 Jordan 12 days compare
  7. 89 Maldives 12 days compare
  8. 89 Mongolia 12 days compare
  9. 89 Montenegro 12 days compare

See the full ranking of 190 places →

More private sector data for Grenada

All data for Grenada →

Frequently asked questions

What is starting a business: time - men in Grenada?
Starting a business: time - men in Grenada was 12 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Grenada?
The highest recorded value was 20 days in 2005.
What is the lowest starting a business: time - men recorded in Grenada?
The lowest recorded value was 12 days in 2019.
How does Grenada rank for starting a business: time - men?
Grenada ranks 89th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Grenada?
Over the last ten years it is down 36.8%. The long-run trend across the full record is falling.
Where does this Grenada 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 — 15 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.