World - Time required to start a business
Time required to start a business (days)
Time required to start a business (days) in World was 19.60 as of 2019. Its highest value over the past 16 years was 51.51 in 2003, while its lowest value was 19.60 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 | 51.51 |
| 2004 | 48.46 |
| 2005 | 50.72 |
| 2006 | 47.84 |
| 2007 | 43.31 |
| 2008 | 39.95 |
| 2009 | 37.73 |
| 2010 | 35.94 |
| 2011 | 31.87 |
| 2012 | 31.36 |
| 2013 | 26.78 |
| 2014 | 24.30 |
| 2015 | 23.40 |
| 2016 | 23.01 |
| 2017 | 21.50 |
| 2018 | 20.50 |
| 2019 | 19.60 |
Time required to start a business, female (days)
The value for Time required to start a business, female (days) in World was 19.66 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 51.57 in 2003 and a minimum value of 19.66 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 | 51.57 |
| 2004 | 48.53 |
| 2005 | 50.79 |
| 2006 | 47.91 |
| 2007 | 43.39 |
| 2008 | 40.02 |
| 2009 | 37.81 |
| 2010 | 36.01 |
| 2011 | 31.95 |
| 2012 | 31.43 |
| 2013 | 26.85 |
| 2014 | 24.37 |
| 2015 | 23.47 |
| 2016 | 23.08 |
| 2017 | 21.56 |
| 2018 | 20.56 |
| 2019 | 19.66 |
Time required to start a business, male (days)
The value for Time required to start a business, male (days) in World was 19.55 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 51.46 in 2003 and a minimum value of 19.55 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 | 51.46 |
| 2004 | 48.40 |
| 2005 | 50.66 |
| 2006 | 47.78 |
| 2007 | 43.25 |
| 2008 | 39.88 |
| 2009 | 37.67 |
| 2010 | 35.88 |
| 2011 | 31.81 |
| 2012 | 31.30 |
| 2013 | 26.72 |
| 2014 | 24.24 |
| 2015 | 23.35 |
| 2016 | 22.95 |
| 2017 | 21.44 |
| 2018 | 20.45 |
| 2019 | 19.55 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
