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Latin America and Caribbean: 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 LATIN AMERICAN AND CARIBBEAN TOTAL LATIN AMERICAN AND CARIBBEAN AVERAGE DATES
Days 1,154
25% of surveyed countries
36.06
48% more than average
2013
Days per million 86.14
93% more than average
2012

Citation

"Latin American and Caribbean Time required to start a business Profile", NationMaster. Retrieved from http://www.nationmaster.com/country-info/groups/Latin-America-and-Caribbean/Government/Red-tape/Time-required-to-start-a-business