Cost of starting a business - Country rankings
* indicates monthly or quarterly data series
Cost of starting a business, % of income per capita, 2019:
The average for 2019 based on 20 countries was 38.67 percent of per capita GNI. The highest value was in Venezuela: 211.8 percent of per capita GNI and the lowest value was in Puerto Rico: 1.2 percent of per capita GNI. The indicator is available from 2003 to 2019. Below is a chart for all countries where data are available.Measure: percent of per capita GNI; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series
| Countries | Cost of starting a business, 2019 | Global rank | Available data |
|---|---|---|---|
| Venezuela | 211.8 | 1 | 2003 - 2019 |
| Haiti | 179.7 | 2 | 2003 - 2019 |
| Nicaragua | 65.7 | 3 | 2003 - 2019 |
| Paraguay | 52.2 | 4 | 2003 - 2019 |
| El Salvador | 43.3 | 5 | 2003 - 2019 |
| Bolivia | 37.3 | 6 | 2003 - 2019 |
| Ecuador | 33 | 7 | 2003 - 2019 |
| Honduras | 28.1 | 8 | 2003 - 2019 |
| Uruguay | 24.1 | 9 | 2003 - 2019 |
| Guatemala | 17.3 | 10 | 2003 - 2019 |
| Mexico | 15.2 | 11 | 2013 - 2019 |
| Colombia | 14.1 | 12 | 2003 - 2019 |
| Domin. Rep. | 13.7 | 13 | 2003 - 2019 |
| Costa Rica | 9.6 | 14 | 2003 - 2019 |
| Peru | 9.4 | 15 | 2003 - 2019 |
| Panama | 5.8 | 16 | 2003 - 2019 |
| Argentina | 5 | 17 | 2003 - 2019 |
| Brazil | 4.2 | 18 | 2013 - 2019 |
| Chile | 2.7 | 19 | 2003 - 2019 |
| Puerto Rico | 1.2 | 20 | 2003 - 2019 |
Definition: The indicator includes all official fees and fees for legal or professional services if such services are required by law. The company law, the commercial code, and specific regulations and fee schedules are used as sources for calculating costs. The indicator excludes bribes.
Selected articles from our guide:
The unholy trinity of international finance
Most commonly used measures of corruption
All articles
211.80
179.70
65.70
52.20
43.30
37.30
33.00
28.10
24.10
17.30
15.20
14.10
13.70
9.60
9.40
5.80
5.00
4.20
2.70
1.20
0
53
105.9
158.9
211.8
Cost of starting a business around the world Cost of starting a business in Europe Cost of starting a business in Asia Cost of starting a business in Africa Cost of starting a business in North America Cost of starting a business in South America Cost of starting a business in Australia/Oceania Cost of starting a business in the European union Cost of starting a business in Sub Sahara Africa Cost of starting a business in MENA Cost of starting a business in South East Asia