Namibia Time Required to Start a Business 2019: 54 days
Namibia's time required to start a business in 2019 is 54 days, unchanged from 2018. It ranks #11 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 Namibia ranks (2019)
#11 of 189- #9
Suriname66 days - #10
Chad58 days - #11
Namibia54 days - #12
Congo49.5 days - #13
Ecuador48.5 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 54 days | 0 days | 0.00% | |
| 2018 | 54 days | 0 days | 0.00% | |
| 2017 | 54 days | 12 days | -18.18% | |
| 2016 | 66 days | 0 days | 0.00% | |
| 2015 | 66 days | 0 days | 0.00% | |
| 2014 | 66 days | 0 days | 0.00% | |
| 2013 | 66 days | 0 days | 0.00% | |
| 2012 | 66 days | 0 days | 0.00% | |
| 2011 | 66 days | 0 days | 0.00% | |
| 2010 | 66 days | 0 days | 0.00% | |
| 2009 | 66 days | 0 days | 0.00% | |
| 2008 | 66 days | 33 days | -33.33% | |
| 2007 | 99 days | +4 days | +4.21% | |
| 2006 | 95 days | 0 days | 0.00% | |
| 2005 | 95 days | +10 days | +11.76% | |
| 2004 | 85 days | 1 days | -1.16% | |
| 2003 | 86 days | — | — |
Frequently Asked Questions About Namibia Time Required to Start a Business
What is Namibia's time required to start a business in 2019?▾
Namibia's time required to start a business is 54 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Namibia's time required to start a business increasing or decreasing?▾
Namibia's time required to start a business was essentially unchanged from 2018 (54 days) to 2019 (54 days). Over the past decade (2009–2019) it fell by 18.2%.
How does Namibia rank for time required to start a business?▾
In 2019, Namibia has the 11th highest time required to start a business out of 189 countries with data.
What was Namibia's time required to start a business in 2003?▾
In 2003, Namibia's time required to start a business was 86 days. By 2019 it fell by 37.2%.
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