Starting a business: Time - Men in Honduras

Honduras: Starting a business: Time - Men was 42 days in 2019. ▼ Falling

Latest (2019)
42 days
Change on year
unchanged
World rank
17th
of 188 countries
All-time high
69 days
in 2005
All-time low
14 days
in 2009
Years of data
17
2003–2019

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

2040602003201120192003: 61 days2004: 61 days2005: 69 days2006: 57 days2007: 20 days2008: 20 days2009: 14 days2010: 43 days2011: 43 days2012: 43 days2013: 43 days2014: 43 days2015: 41 days2016: 42 days2017: 42 days2018: 42 days2019: 42 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Honduras stood at 42 days.

That represents a change of up 200.0% over ten years.

Over the whole period, starting a business: time - men in Honduras peaked at 69 days in 2005 and was at its lowest, 14 days, in 2009.

Honduras ranks 17th of 188 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.14 days 14 days 69 days 7
2010s 42.4 days 41 days 43 days 10

Countries ranked near Honduras

  1. 14 Belize 48 days compare
  2. 14 Botswana 48 days compare
  3. 16 West Bank and Gaza 43 days compare
  4. 18 Papua New Guinea 41 days compare
  5. 19 Fiji 40 days compare
  6. 19 South Africa 40 days compare
  7. 19 Yemen, Rep. 40 days compare

See the full ranking of 190 places →

More private sector data for Honduras

All data for Honduras →

Frequently asked questions

What is starting a business: time - men in Honduras?
Starting a business: time - men in Honduras was 42 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Honduras?
The highest recorded value was 69 days in 2005.
What is the lowest starting a business: time - men recorded in Honduras?
The lowest recorded value was 14 days in 2009.
How does Honduras rank for starting a business: time - men?
Honduras ranks 17th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Honduras?
Over the last ten years it is up 200.0%. The long-run trend across the full record is falling.
Where does this Honduras 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.