Time to start new business reached 48.5 days in 2019 in Ecuador, according to the National Statistical Office. This is 0% more than in the previous year.
Historically, time to start new business in Ecuador reached an all time high of 92.0 days in 2003 and an all time low of 48.5 days in 2019.
Ecuador has been ranked 13th within the group of 172 countries we follow in terms of time to start new business.
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