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Time to Start New Business in Colombia

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 10.0 days in 2019 in Colombia, according to the National Statistical Office. This is 9.09% less than in the previous year.

Historically, time to start new business in Colombia reached an all time high of 44.0 days in 2003 and an all time low of 10.0 days in 2019.

Colombia has been ranked 101st within the group of 172 countries we follow in terms of time to start new business.

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