Central Europe and the Baltics - Time required to start a business

Time required to start a business (days)

Time required to start a business (days) in Central Europe and the Baltics was 15.91 as of 2019. Its highest value over the past 16 years was 50.86 in 2003, while its lowest value was 15.73 in 2016.

Definition: Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 50.86
2004 46.14
2005 36.59
2006 33.95
2007 28.23
2008 24.50
2009 19.45
2010 18.91
2011 19.09
2012 18.91
2013 17.91
2014 16.82
2015 16.09
2016 15.73
2017 15.73
2018 18.00
2019 15.91

Time required to start a business, female (days)

The value for Time required to start a business, female (days) in Central Europe and the Baltics was 15.91 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 50.86 in 2003 and a minimum value of 15.73 in 2016.

Definition: Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 50.86
2004 46.14
2005 36.59
2006 33.95
2007 28.23
2008 24.50
2009 19.45
2010 18.91
2011 19.09
2012 18.91
2013 17.91
2014 16.82
2015 16.09
2016 15.73
2017 15.73
2018 18.00
2019 15.91

Time required to start a business, male (days)

The value for Time required to start a business, male (days) in Central Europe and the Baltics was 15.91 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 50.86 in 2003 and a minimum value of 15.73 in 2016.

Definition: Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 50.86
2004 46.14
2005 36.59
2006 33.95
2007 28.23
2008 24.50
2009 19.45
2010 18.91
2011 19.09
2012 18.91
2013 17.91
2014 16.82
2015 16.09
2016 15.73
2017 15.73
2018 18.00
2019 15.91

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment