Starting a business: Time - Men in Guinea
Guinea: Starting a business: Time - Men was 15 days in 2019. ▼ Falling
Starting a business: Time - Men in Guinea, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Guinea is 15 days, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 62.5% over ten years.
Over the whole period, starting a business: time - men in Guinea peaked at 48 days in 2003 and was at its lowest, 15 days, in 2014.
Guinea ranks 74th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.14 days | 40 days | 48 days | 7 |
| 2010s | 23.6 days | 15 days | 43 days | 10 |
Countries ranked near Guinea
- 74 Guatemala 15 days compare
- 74 Lebanon 15 days compare
- 74 Lesotho 15 days compare
- 74 North Macedonia 15 days compare
- 74 Syrian Arab Republic 15 days compare
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Commercial service exports 54.12 million current US$ (2024)
- Transport services 27.3% (2024)
- Computer, communications and other services 64.8% (2024)
Frequently asked questions
- What is starting a business: time - men in Guinea?
- Starting a business: time - men in Guinea was 15 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Guinea?
- The highest recorded value was 48 days in 2003.
- What is the lowest starting a business: time - men recorded in Guinea?
- The lowest recorded value was 15 days in 2014.
- How does Guinea rank for starting a business: time - men?
- Guinea ranks 74th out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Guinea?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is falling.
- Where does this Guinea 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.