OECD members - Time required to start a business

Time required to start a business (days)

Time required to start a business (days) in OECD members was 9.48 as of 2019. Its highest value over the past 16 years was 39.80 in 2003, while its lowest value was 9.48 in 2019.

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 39.80
2004 33.94
2005 27.49
2006 24.87
2007 22.41
2008 19.13
2009 17.83
2010 16.87
2011 15.01
2012 14.37
2013 12.41
2014 11.33
2015 10.52
2016 10.09
2017 10.09
2018 10.04
2019 9.48

Time required to start a business, female (days)

The value for Time required to start a business, female (days) in OECD members was 9.48 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 39.80 in 2003 and a minimum value of 9.48 in 2019.

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 39.80
2004 33.94
2005 27.49
2006 24.87
2007 22.41
2008 19.13
2009 17.83
2010 16.87
2011 15.01
2012 14.37
2013 12.41
2014 11.33
2015 10.52
2016 10.10
2017 10.10
2018 10.04
2019 9.48

Time required to start a business, male (days)

The value for Time required to start a business, male (days) in OECD members was 9.48 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 39.80 in 2003 and a minimum value of 9.48 in 2019.

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 39.80
2004 33.94
2005 27.49
2006 24.87
2007 22.41
2008 19.13
2009 17.83
2010 16.87
2011 15.01
2012 14.37
2013 12.41
2014 11.33
2015 10.52
2016 10.10
2017 10.10
2018 10.04
2019 9.48

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment