Venezuela is ranked 188 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Venezuela remained unchanged at 188 in 2019 from 188 in 2018.

Ease of Doing Business in Venezuela averaged 182.33 from 2008 until 2019, reaching an all time high of 188 in 2017 and a record low of 175 in 2010. This page includes a chart with historical data for Ease of Doing Business in Venezuela. Ease of Doing Business in Venezuela - values, historical data and charts - was last updated on September of 2020. source: World Bank

Ease of Doing Business in Venezuela is expected to reach 188.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Venezuela is projected to trend around 188.00 in 2021, according to our econometric models.

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Ease of Doing Business in Venezuela

Actual Previous Highest Lowest Dates Unit Frequency
188.00 188.00 188.00 175.00 2008 - 2019 Yearly

Venezuela Business Last Previous Highest Lowest Unit
Industrial Production -20.60 -47.00 183.50 -64.90 percent [+]
Changes in Inventories -543.00 -908.00 2399.00 -1404.00 VEF Million [+]
Internet Speed 1827.10 1937.83 1937.83 646.91 KBps [+]
IP Addresses 2571911.00 2585378.00 2925726.00 950807.00 IP [+]
Steel Production 1.00 1.00 479.00 0.36 Thousand Tonnes [+]
Crude Oil Rigs 0.00 0.00 119.00 0.00 [+]
Competitiveness Index 41.83 43.17 45.09 3.30 Points [+]
Competitiveness Rank 133.00 127.00 134.00 85.00 [+]
Corruption Index 16.00 18.00 28.00 16.00 Points [+]
Corruption Rank 173.00 168.00 173.00 38.00 [+]
Ease of Doing Business 188.00 188.00 188.00 175.00 [+]


Ease of Doing Business in Venezuela
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.