Starting a business: Time - Men in Venezuela
Venezuela: Starting a business: Time - Men was 230 days in 2019. ▲ Rising
Starting a business: Time - Men in Venezuela, 2003–2019
Source: World Bank. Measured in days.
Analysis
Venezuela recorded 230 days for starting a business: time - men in 2019. That is the highest value across all 17 years on record.
The figure is up 63.1% over ten years.
Over the whole period, starting a business: time - men in Venezuela peaked at 230 days in 2016 and was at its lowest, 141 days, in 2008.
That places Venezuela 1st out of 188 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 142.29 days | 141 days | 143 days | 7 |
| 2010s | 182 days | 141 days | 230 days | 10 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.24 billion current US$ (2016)
- Transport services 29.5% (2016)
- Computer, communications and other services 46.5% (2016)
Frequently asked questions
- What is starting a business: time - men in Venezuela?
- Starting a business: time - men in Venezuela was 230 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Venezuela?
- The highest recorded value was 230 days in 2016.
- What is the lowest starting a business: time - men recorded in Venezuela?
- The lowest recorded value was 141 days in 2008.
- How does Venezuela rank for starting a business: time - men?
- Venezuela ranks 1st out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Venezuela?
- Over the last ten years it is up 63.1%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.