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Time to Start New Business in Venezuela

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 230 days in 2019 in Venezuela, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, time to start new business in Venezuela reached an all time high of 230 days in 2019 and an all time low of 141 days in 2011.

Venezuela has been ranked 1st within the group of 172 countries we follow in terms of time to start new business.

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