Iceland Time Required to Start a Business 2019: 11.50 days

Iceland's time required to start a business in 2019 is 11.50 days, unchanged from 2018. It ranks #99 of 189 countries.

Time required to start a business varies globally, highlighting efficiency in regulatory environments and economic growth potential.

Source (2019): Time required to start a business

Historical Trend

Time Required to Start a Business over time

Year-by-Year Data
YearValueChange% ChangeActions
201911.5 days0 days0.00%
201811.5 days0 days0.00%
201711.5 days0 days0.00%
201611.5 days0.5 days-4.17%
201512 days0 days0.00%
201412 days+7.5 days+166.67%
20134.5 days0 days0.00%
20124.5 days0 days0.00%
20114.5 days0.5 days-10.00%
20105 days0 days0.00%
20095 days0 days0.00%
20085 days0 days0.00%
20075 days0 days0.00%
20065 days0 days0.00%
20055 days0 days0.00%
20045 days——

Frequently Asked Questions About Iceland Time Required to Start a Business

What is Iceland's time required to start a business in 2019?▾

Iceland's time required to start a business is 11.50 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.

Is Iceland's time required to start a business increasing or decreasing?▾

Iceland's time required to start a business was essentially unchanged from 2018 (11.50 days) to 2019 (11.50 days). Over the past decade (2009–2019) it rose by 130.0%.

How does Iceland rank for time required to start a business?▾

In 2019, Iceland has the 99th highest time required to start a business out of 189 countries with data.

What was Iceland's time required to start a business in 2004?▾

In 2004, Iceland's time required to start a business was 5 days. By 2019 it rose by 130.0%.

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