Time to Start New Business

Created with Highcharts 6.0.4days020406080100120140160180200220240260
Venezuela
Laos
Cambodia
Haiti
Eritrea
Bosnia and Herzegovina
Iran
Somalia
Suriname
Chad
Namibia
Congo
Ecuador
Belize
Botswana
Source: World Bank
Last Updated: Feb 1, 2023

Based on a comparison of 172 countries in 2019, Venezuela ranked the highest in time to start new business with 230 days followed by Laos and Cambodia. On the other end of the scale was New Zealand with 0.500 days, Georgia with 1.00 days and Singapore with 1.50 days.

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