Micronesia (Fed. States of) Time Required to Start a Business 2019: 16 days

Micronesia (Fed. States of)'s time required to start a business in 2019 is 16 days, unchanged from 2018. It ranks #70 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 Micronesia (Fed. States of) ranks (2019)

#70 of 189
  1. #70Barbados16 days
  2. #70Comoros16 days
  3. #70Micronesia (Fed. States of)16 days
  4. #70Tonga16 days
  5. #70Vietnam16 days
Time Required to Start a Business by country 2019: full ranking →
Historical Trend

Time Required to Start a Business over time

Year-by-Year Data
YearValueChange% ChangeActions
201916 days0 days0.00%
201816 days0 days0.00%
201716 days0 days0.00%
201616 days0 days0.00%
201516 days0 days0.00%
201416 days0 days0.00%
201316 days0 days0.00%
201216 days0 days0.00%
201116 days0 days0.00%
201016 days0 days0.00%
200916 days0 days0.00%
200816 days0 days0.00%
200716 days0 days0.00%
200616 days0 days0.00%
200516 days0 days0.00%
200416 days20 days-55.56%
200336 days——

Cite this page

Geo Factbook. (n.d.). Micronesia (Fed. States of): Time Required to Start a Business. Retrieved November 13, 2026, from https://geofactbook.com/countries/micronesia-fed-states-of/time-required-to-start-a-business

The figures on this page come from Time required to start a business | Doing Business project, World Bank via Our World in Data. For academic work, cite the original source as well.

Frequently Asked Questions About Micronesia (Fed. States of) Time Required to Start a Business

What is Micronesia (Fed. States of)'s time required to start a business in 2019?▾

Micronesia (Fed. States of)'s time required to start a business is 16 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.

Is Micronesia (Fed. States of)'s time required to start a business increasing or decreasing?▾

Micronesia (Fed. States of)'s time required to start a business was essentially unchanged from 2018 (16 days) to 2019 (16 days). Over the past decade (2009–2019) it was essentially unchanged.

How does Micronesia (Fed. States of) rank for time required to start a business?▾

In 2019, Micronesia (Fed. States of) has the 70th highest time required to start a business out of 189 countries with data.

What was Micronesia (Fed. States of)'s time required to start a business in 2003?▾

In 2003, Micronesia (Fed. States of)'s time required to start a business was 36 days. By 2019 it fell by 55.6%.

Other Facts about Micronesia (Fed. States of)

Explore additional statistical insights