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Former Spanish colonies: Government > Red tape > Time required to start a business stats

Definitions

  • Days: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
  • Days per million: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. Figures expressed per million population for the same year.
STAT FORMERLY SPANISH TOTAL FORMERLY SPANISH AVERAGE DATES
Days 671
14% of surveyed countries
35.32
45% more than average
2013
Days per million 12.41
4 times less than average
2012

Citation

"Formerly Spanish Time required to start a business Profile", NationMaster. Retrieved from http://www.nationmaster.com/country-info/groups/Former-Spanish-colonies/Government/Red-tape/Time-required-to-start-a-business