Luxembourg Time Required to Start a Business 2019: 16.50 days
Luxembourg's time required to start a business in 2019 is 16.50 days, unchanged from 2018. It ranks #66 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
Where Luxembourg ranks (2019)
#66 of 189- #66
Dominican Republic16.5 days - #66
El Salvador16.5 days - #66
Luxembourg16.5 days - #66
Pakistan16.5 days - #70
Barbados16 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 16.5 days | 0 days | 0.00% | |
| 2018 | 16.5 days | 0 days | 0.00% | |
| 2017 | 16.5 days | 0 days | 0.00% | |
| 2016 | 16.5 days | 0 days | 0.00% | |
| 2015 | 16.5 days | 0 days | 0.00% | |
| 2014 | 16.5 days | 0 days | 0.00% | |
| 2013 | 16.5 days | 0 days | 0.00% | |
| 2012 | 16.5 days | 0 days | 0.00% | |
| 2011 | 16.5 days | 0 days | 0.00% | |
| 2010 | 16.5 days | 5.5 days | -25.00% | |
| 2009 | 22 days | 2 days | -8.33% | |
| 2008 | 24 days | 0 days | 0.00% | |
| 2007 | 24 days | 4 days | -14.29% | |
| 2006 | 28 days | — | — |
Frequently Asked Questions About Luxembourg Time Required to Start a Business
What is Luxembourg's time required to start a business in 2019?▾
Luxembourg's time required to start a business is 16.50 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Luxembourg's time required to start a business increasing or decreasing?▾
Luxembourg's time required to start a business was essentially unchanged from 2018 (16.50 days) to 2019 (16.50 days). Over the past decade (2009–2019) it fell by 25.0%.
How does Luxembourg rank for time required to start a business?▾
In 2019, Luxembourg has the 66th highest time required to start a business out of 189 countries with data.
What was Luxembourg's time required to start a business in 2006?▾
In 2006, Luxembourg's time required to start a business was 28 days. By 2019 it fell by 41.1%.
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