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Cost of Business Start-Up Procedures (As % of GNI Per Capita) in Colombia

Source: World Bank
Last Updated: July 1, 2023

Cost of business start-up procedures as a percentage of gni per capita reached 14.1% in 2019 in Colombia, according to the National Statistical Office. This is 0.714% more than in the previous year.

Historically, cost of business start-up procedures as a percentage of GNI per capita in Colombia reached an all time high of 28.0% in 2003 and an all time low of 7.50% in 2014.

Colombia has been ranked 58th within the group of 169 countries we follow in terms of cost of business start-up procedures as a percentage of GNI per capita.

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