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
