Starting a business: Time - Men in Guinea-Bissau

Guinea-Bissau: Starting a business: Time - Men was 8 days in 2019. ◆ Volatile

Latest (2019)
8 days
Change on year
unchanged
World rank
127th
of 188 countries
All-time high
260 days
in 2006
All-time low
8 days
in 2011
Years of data
15
2005–2019

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

01002003002005201220192005: 259 days2006: 260 days2007: 259 days2008: 259 days2009: 216 days2010: 216 days2011: 8 days2012: 8 days2013: 8 days2014: 8 days2015: 8 days2016: 8 days2017: 8 days2018: 8 days2019: 8 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Guinea-Bissau is 8 days, measured in 2019. That is the lowest value across all 15 years on record.

That represents a change of down 96.3% over ten years.

Over the whole period, starting a business: time - men in Guinea-Bissau peaked at 260 days in 2006 and was at its lowest, 8 days, in 2011.

Guinea-Bissau ranks 127th 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

DecadeAverage LowestHighest Years
2000s 250.6 days 216 days 260 days 5
2010s 28.8 days 8 days 216 days 10

Countries ranked near Guinea-Bissau

  1. 126 Mexico 8.41 days compare
  2. 127 Afghanistan 8 days compare
  3. 127 Bahrain 8 days compare
  4. 127 Benin 8 days compare
  5. 127 Gambia 8 days compare
  6. 127 Germany 8 days compare
  7. 127 South Korea 8 days compare
  8. 127 Madagascar 8 days compare
  9. 127 Sierra Leone 8 days compare
  10. 127 Slovenia 8 days compare
  11. 127 Sri Lanka 8 days compare

See the full ranking of 190 places →

More private sector data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is starting a business: time - men in Guinea-Bissau?
Starting a business: time - men in Guinea-Bissau was 8 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Guinea-Bissau?
The highest recorded value was 260 days in 2006.
What is the lowest starting a business: time - men recorded in Guinea-Bissau?
The lowest recorded value was 8 days in 2011.
How does Guinea-Bissau rank for starting a business: time - men?
Guinea-Bissau ranks 127th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Guinea-Bissau?
Over the last ten years it is down 96.3%. The long-run trend across the full record is volatile.
Where does this Guinea-Bissau 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.