Cost of Business Start-Up Procedures (As % of GNI Per Capita) in Venezuela

Cost of business start-up procedures as a percentage of gni per capita reached 212% in 2019 in Venezuela, according to the National Statistical Office. This is 46.1% less than in the previous year.

Historically, cost of business start-up procedures as a percentage of GNI per capita in Venezuela reached an all time high of 393% in 2018 and an all time low of 10.0% in 2007.

Venezuela has been ranked 1st within the group of 169 countries we follow in terms of cost of business start-up procedures as a percentage of GNI per capita.