Starting a business: Time - Men in Guyana
Guyana: Starting a business: Time - Men was 18 days in 2019. ▼ Falling
Starting a business: Time - Men in Guyana, 2004–2019
Source: World Bank. Measured in days.
Analysis
Guyana recorded 18 days for starting a business: time - men in 2019. That is the lowest value across all 16 years on record.
That represents a change of down 33.3% over ten years.
Over the whole period, starting a business: time - men in Guyana peaked at 42 days in 2004 and was at its lowest, 18 days, in 2012.
Guyana ranks 56th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38 days | 27 days | 42 days | 6 |
| 2010s | 18.6 days | 18 days | 23 days | 10 |
Countries ranked near Guyana
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Commercial service exports 523.75 million current US$ (2023)
- Transport services 12.9% (2023)
- Computer, communications and other services 83.9% (2023)
Frequently asked questions
- What is starting a business: time - men in Guyana?
- Starting a business: time - men in Guyana was 18 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Guyana?
- The highest recorded value was 42 days in 2004.
- What is the lowest starting a business: time - men recorded in Guyana?
- The lowest recorded value was 18 days in 2012.
- How does Guyana rank for starting a business: time - men?
- Guyana ranks 56th out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Guyana?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- Where does this Guyana 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.
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CSV · JSON — 16 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.