Starting a business: Time - Women (days) in Ecuador
Ecuador: Starting a business: Time - Women was 48.5 days in 2019. ▼ Falling
Starting a business: Time - Women in Ecuador, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - women in Ecuador is 48.5 days, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 24.2% over ten years.
Over the whole period, starting a business: time - women in Ecuador peaked at 92 days in 2003 and was at its lowest, 48.5 days, in 2016.
Ecuador ranks 13th of 191 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Starting a business: Time - Women in Ecuador, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 92 days | — |
| 2004 | 92 days | +0.0% |
| 2005 | 69 days | -25.0% |
| 2006 | 65 days | -5.8% |
| 2007 | 65 days | +0.0% |
| 2008 | 65 days | +0.0% |
| 2009 | 64 days | -1.5% |
| 2010 | 56 days | -12.5% |
| 2011 | 55.5 days | -0.9% |
| 2012 | 55.5 days | +0.0% |
| 2013 | 55.5 days | +0.0% |
| 2014 | 55.5 days | +0.0% |
| 2015 | 50.5 days | -9.0% |
| 2016 | 48.5 days | -4.0% |
| 2017 | 48.5 days | +0.0% |
| 2018 | 48.5 days | +0.0% |
| 2019 | 48.5 days | +0.0% |
Ecuador compared with similar countries
- Ecuador's 48.5 days is above the median for upper middle income countries, which is 12 days, 4.0× the median. (56 countries reporting)
- Ecuador's 48.5 days is above the median for Latin America & Caribbean, which is 16 days, 3.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.14 days | 64 days | 92 days | 7 |
| 2010s | 52.25 days | 48.5 days | 56 days | 10 |
Countries ranked near Ecuador
More private sector data for Ecuador
- Merchandise trade 53.6% (2025)
- Food imports 12.2% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Food exports 53.7% (2024)
- Manufactures exports 4.9% (2024)
- Merchandise exports 37.15 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,031 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2851 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.93 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - women in Ecuador?
- Starting a business: time - women in Ecuador was 48.5 days in 2019, according to the World Bank.
- What is the highest starting a business: time - women recorded in Ecuador?
- The highest recorded value was 92 days in 2003.
- What is the lowest starting a business: time - women recorded in Ecuador?
- The lowest recorded value was 48.5 days in 2016.
- How does Ecuador rank for starting a business: time - women?
- Ecuador ranks 13th out of 191 countries with data for 2019.
- Is starting a business: time - women rising or falling in Ecuador?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from the World Bank, published as part of Starting a business: Time - Women (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 women captures the median duration that business incorporation experts indicate is necessary for five female 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.