European Union - Time required to start a business

Time required to start a business (days)

Time required to start a business (days) in European Union was 12.17 as of 2019. Its highest value over the past 16 years was 45.46 in 2003, while its lowest value was 12.17 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 45.46
2004 40.00
2005 30.58
2006 26.84
2007 23.06
2008 20.02
2009 17.83
2010 16.90
2011 16.63
2012 16.37
2013 15.78
2014 14.35
2015 13.24
2016 12.72
2017 12.35
2018 13.28
2019 12.17

Time required to start a business, female (days)

The value for Time required to start a business, female (days) in European Union was 12.17 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 45.46 in 2003 and a minimum value of 12.17 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 45.46
2004 40.00
2005 30.58
2006 26.84
2007 23.06
2008 20.02
2009 17.83
2010 16.90
2011 16.63
2012 16.37
2013 15.78
2014 14.35
2015 13.24
2016 12.72
2017 12.35
2018 13.28
2019 12.17

Time required to start a business, male (days)

The value for Time required to start a business, male (days) in European Union was 12.17 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 45.46 in 2003 and a minimum value of 12.17 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 45.46
2004 40.00
2005 30.58
2006 26.84
2007 23.06
2008 20.02
2009 17.83
2010 16.90
2011 16.63
2012 16.37
2013 15.78
2014 14.35
2015 13.24
2016 12.72
2017 12.35
2018 13.28
2019 12.17

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment