Latin Entrepreneur Index 2012: The Data

Starting a Business  
Access to Capital 

LEI

A
B
C
D
E

Rank
Country
Procedures
Time (days)
Cost 
Access to loans
Venture capital av.

Score

8
Argentina
14
26
11.9
1.81
1.91

62.18

16
Bolivia
15
50
90.4
2.86
2.89

163.65

15
Brazil
13
119
5.4
3.09
2.8

145.51

1
Chile
7
7
5.1
3.59
3.11

26.40

3
Colombia
9
14
8.0
3.21
2.88

38.91

12
Costa Rica
12
60
11.1
2.12
2.18

92.80

7
Dom. Rep.
7
19
18.2
2.40
2.1

53.70

14
Ecuador
13
56
28.8
2.45
2.24

107.11

9
El Salvador
8
17
45.1
2.76
2.33

79.01

13
Guatemala
12
37
52.5
3.05
2.64

109.81

10
Honduras
13
14
46.7
2.71
2.43

82.56

5
Mexico
6
9
11.2
2.44
2.46

35.30

17
Nicaragua
8
39
107.9
2.22
2.12

164.56

2
Panama
6
8
9.9
3.80
3.15

30.95

11
Paraguay
7
35
47.2
3.16
2.58

97.46

4
Peru
5
26
11.9
3.65
3.01

50.24

6
Uruguay
5
7
24.9
2.68
2.53

45.69

18
Venezuela
17
141
26.1
2.28
2.12

193.70

LatAm Avg.
10
38
31.2
2.79
2.53

87.75 
 
A = The total number of procedures required to register a firm.  B = The total number of days required to register a firm with minimum follow-up with government agencies and no extra payments. C = Cost recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law. D = Ease of access to obtain a bank loan with only a good business plan and no collateral [1 = very difficult; 7 = very easy]  E = Venture capital …

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