Mongolia Time Required to Start a Business 2019: 12 days

Mongolia's time required to start a business in 2019 is 12 days, unchanged from 2018. It ranks #93 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
201912 days0 days0.00%
201812 days0 days0.00%
201712 days0 days0.00%
201612 days0 days0.00%
201512 days4 days-25.00%
201416 days0 days0.00%
201316 days0 days0.00%
201216 days1 days-5.88%
201117 days0 days0.00%
201017 days0 days0.00%
200917 days0 days0.00%
200817 days0 days0.00%
200717 days0 days0.00%
200617 days0 days0.00%
200517 days0 days0.00%
200417 days7 days-29.17%
200324 days——

Frequently Asked Questions About Mongolia Time Required to Start a Business

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

Mongolia's time required to start a business is 12 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.

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

Mongolia's time required to start a business was essentially unchanged from 2018 (12 days) to 2019 (12 days). Over the past decade (2009–2019) it fell by 29.4%.

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

In 2019, Mongolia has the 93rd highest time required to start a business out of 189 countries with data.

What was Mongolia's time required to start a business in 2003?▾

In 2003, Mongolia's time required to start a business was 24 days. By 2019 it fell by 50.0%.

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