Starting a business: Time - Men in Saint Lucia

Saint Lucia: Starting a business: Time - Men was 11 days in 2019. ▼ Falling

Latest (2019)
11 days
Change on year
unchanged
World rank
102nd
of 188 countries
All-time high
22 days
in 2005
All-time low
11 days
in 2011
Years of data
15
2005–2019

Starting a business: Time - Men in Saint Lucia, 2005–2019

051015202005201220192005: 22 days2006: 20 days2007: 20 days2008: 20 days2009: 14 days2010: 14 days2011: 11 days2012: 11 days2013: 11 days2014: 11 days2015: 11 days2016: 11 days2017: 11 days2018: 11 days2019: 11 days

Source: World Bank. Measured in days.

Analysis

Saint Lucia recorded 11 days for starting a business: time - men in 2019. That is the lowest value across all 15 years on record.

The figure is down 21.4% over ten years.

Over the whole period, starting a business: time - men in Saint Lucia peaked at 22 days in 2005 and was at its lowest, 11 days, in 2011.

That places Saint Lucia 102nd out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.2 days 14 days 22 days 5
2010s 11.3 days 11 days 14 days 10

Countries ranked near Saint Lucia

  1. 101 Japan 11.15 days compare
  2. 102 Ireland 11 days compare
  3. 102 Israel 11 days compare
  4. 102 Italy 11 days compare
  5. 102 Mali 11 days compare

See the full ranking of 190 places →

More private sector data for Saint Lucia

All data for Saint Lucia →

Frequently asked questions

What is starting a business: time - men in Saint Lucia?
Starting a business: time - men in Saint Lucia was 11 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Saint Lucia?
The highest recorded value was 22 days in 2005.
What is the lowest starting a business: time - men recorded in Saint Lucia?
The lowest recorded value was 11 days in 2011.
How does Saint Lucia rank for starting a business: time - men?
Saint Lucia ranks 102nd out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Saint Lucia?
Over the last ten years it is down 21.4%. The long-run trend across the full record is falling.
Where does this Saint Lucia 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.