Starting a business: Time - Men in Guatemala

Guatemala: Starting a business: Time - Men was 15 days in 2019. ▼ Falling

Latest (2019)
15 days
Change on year
unchanged
World rank
74th
of 188 countries
All-time high
41 days
in 2003
All-time low
15 days
in 2018
Years of data
17
2003–2019

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

0102030402003201120192003: 41 days2004: 41 days2005: 41 days2006: 37 days2007: 36 days2008: 36 days2009: 36 days2010: 36 days2011: 36 days2012: 36 days2013: 26.5 days2014: 26.5 days2015: 26.5 days2016: 26.5 days2017: 26.5 days2018: 15 days2019: 15 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Guatemala stood at 15 days. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 58.3% over ten years.

Over the whole period, starting a business: time - men in Guatemala peaked at 41 days in 2003 and was at its lowest, 15 days, in 2018.

That places Guatemala 74th 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 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.29 days 36 days 41 days 7
2010s 27.05 days 15 days 36 days 10

Countries ranked near Guatemala

  1. 74 Guinea 15 days compare
  2. 74 Lebanon 15 days compare
  3. 74 Lesotho 15 days compare
  4. 74 North Macedonia 15 days compare
  5. 74 Syrian Arab Republic 15 days compare

See the full ranking of 190 places →

More private sector data for Guatemala

All data for Guatemala →

Frequently asked questions

What is starting a business: time - men in Guatemala?
Starting a business: time - men in Guatemala was 15 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Guatemala?
The highest recorded value was 41 days in 2003.
What is the lowest starting a business: time - men recorded in Guatemala?
The lowest recorded value was 15 days in 2018.
How does Guatemala rank for starting a business: time - men?
Guatemala ranks 74th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Guatemala?
Over the last ten years it is down 58.3%. The long-run trend across the full record is falling.
Where does this Guatemala 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.