Starting a business: Time - Men (days) in Peru
Peru: Starting a business: Time - Men was 26 days in 2019. ▼ Falling
Starting a business: Time - Men in Peru, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Peru is 26 days, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 36.6% over ten years.
Over the whole period, starting a business: time - men in Peru peaked at 104.5 days in 2005 and was at its lowest, 26 days, in 2018.
Peru ranks 37th of 191 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Starting a business: Time - Men in Peru, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 100.5 days | — |
| 2004 | 100.5 days | +0.0% |
| 2005 | 104.5 days | +4.0% |
| 2006 | 74.5 days | -28.7% |
| 2007 | 74.5 days | +0.0% |
| 2008 | 67 days | -10.1% |
| 2009 | 41 days | -38.8% |
| 2010 | 42.5 days | +3.7% |
| 2011 | 41.5 days | -2.4% |
| 2012 | 41.5 days | +0.0% |
| 2013 | 41.5 days | +0.0% |
| 2014 | 41.5 days | +0.0% |
| 2015 | 41.5 days | +0.0% |
| 2016 | 41 days | -1.2% |
| 2017 | 41 days | +0.0% |
| 2018 | 26 days | -36.6% |
| 2019 | 26 days | +0.0% |
Peru compared with similar countries
- Peru's 26 days is above the median for upper middle income countries, which is 12 days, 2.2× the median. (56 countries reporting)
- Peru's 26 days is above the median for Latin America & Caribbean, which is 16 days, 1.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Starting a business: Time - Men in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -38.8% | 67 days | 41 days |
| 2018 | -36.6% | 41 days | 26 days |
| 2006 | -28.7% | 104.5 days | 74.5 days |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 80.36 days | 41 days | 104.5 days | 7 |
| 2010s | 38.4 days | 26 days | 42.5 days | 10 |
Countries ranked near Peru
More private sector data for Peru
- Merchandise trade 42.8% (2025)
- Food imports 11.9% (2024)
- Manufactures imports 68.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Food exports 21.2% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 82.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,392 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2469 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.68 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - men in Peru?
- Starting a business: time - men in Peru was 26 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Peru?
- The highest recorded value was 104.5 days in 2005.
- What is the lowest starting a business: time - men recorded in Peru?
- The lowest recorded value was 26 days in 2018.
- How does Peru rank for starting a business: time - men?
- Peru ranks 37th out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Peru?
- Over the last ten years it is down 36.6%. The long-run trend across the full record is falling.
- Where does this Peru 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.