Nicaragua—Time to Obtain an Operating License (days)
Latest Value
27.3
2016
Maximum
27.3
2016
Minimum
17.6
2010
CAGR
+3.3%
3 years
Last
27.3
Previous
—
Highest
27.3
Lowest
17.6
Unit
days
Source
World Bank World Development Indicators
Nicaragua's time to obtain an operating license (days) was 27.3 in 2016. Over the past 3 years, the highest recorded value was 27.3 (2016) and the lowest was 17.6 (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 27.3 | +55.4% |
| 2010 | 17.6 | -10.6% |
| 2006 | 19.7 |
Top Countries — Time to Obtain an Operating License (days)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Korea, Rep. | 193.1 | 2024 |
| 2 | Uruguay | 167 | 2024 |
| 3 | Belgium | 134.2 | 2025 |
| 4 | Peru | 118.3 | 2023 |
| 5 | Netherlands | 114.7 | 2025 |
| 6 | Tunisia | 111.4 | 2024 |
| 7 | Suriname | 98.9 | 2025 |
| 8 | Chile | 84.7 | 2025 |
| 9 | Benin | 77.8 | 2024 |
| 10 | Guatemala | 73.9 | 2025 |
About This Indicator
Definition
The average wait, in days, to obtain an operating license, from the day of the application to the day it was granted.
Methodology
Original contributors: Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data
Unit
days