Hungary - Time required to start a business

Time required to start a business (days)

Time required to start a business (days) in Hungary was 7.00 as of 2019. Its highest value over the past 16 years was 54.00 in 2004, while its lowest value was 5.00 in 2009.

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 54.00
2004 54.00
2005 39.00
2006 39.00
2007 17.00
2008 6.00
2009 5.00
2010 5.00
2011 5.00
2012 7.00
2013 7.00
2014 7.00
2015 7.00
2016 7.00
2017 7.00
2018 7.00
2019 7.00

Time required to start a business, female (days)

The value for Time required to start a business, female (days) in Hungary was 7.00 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 54.00 in 2004 and a minimum value of 5.00 in 2009.

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 54.00
2004 54.00
2005 39.00
2006 39.00
2007 17.00
2008 6.00
2009 5.00
2010 5.00
2011 5.00
2012 7.00
2013 7.00
2014 7.00
2015 7.00
2016 7.00
2017 7.00
2018 7.00
2019 7.00

Time required to start a business, male (days)

The value for Time required to start a business, male (days) in Hungary was 7.00 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 54.00 in 2004 and a minimum value of 5.00 in 2009.

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 54.00
2004 54.00
2005 39.00
2006 39.00
2007 17.00
2008 6.00
2009 5.00
2010 5.00
2011 5.00
2012 7.00
2013 7.00
2014 7.00
2015 7.00
2016 7.00
2017 7.00
2018 7.00
2019 7.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment