Panama Time Required to Start a Business 2019: 6 days
Panama's time required to start a business in 2019 is 6 days, unchanged from 2018. It ranks #151 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 Panama ranks (2019)
#151 of 189
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 6 days | 0 days | 0.00% | |
| 2018 | 6 days | 0 days | 0.00% | |
| 2017 | 6 days | 0 days | 0.00% | |
| 2016 | 6 days | 0 days | 0.00% | |
| 2015 | 6 days | 0 days | 0.00% | |
| 2014 | 6 days | 0 days | 0.00% | |
| 2013 | 6 days | 1 days | -14.29% | |
| 2012 | 7 days | 1 days | -12.50% | |
| 2011 | 8 days | 1 days | -11.11% | |
| 2010 | 9 days | 3 days | -25.00% | |
| 2009 | 12 days | 0 days | 0.00% | |
| 2008 | 12 days | 6 days | -33.33% | |
| 2007 | 18 days | 0 days | 0.00% | |
| 2006 | 18 days | 0 days | 0.00% | |
| 2005 | 18 days | 0 days | 0.00% | |
| 2004 | 18 days | 0 days | 0.00% | |
| 2003 | 18 days | — | — |
Cite this page
Geo Factbook. (n.d.). Panama: Time Required to Start a Business. Retrieved November 13, 2026, from https://geofactbook.com/countries/panama/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 Panama Time Required to Start a Business
What is Panama's time required to start a business in 2019?▾
Panama's time required to start a business is 6 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Panama's time required to start a business increasing or decreasing?▾
Panama's time required to start a business was essentially unchanged from 2018 (6 days) to 2019 (6 days). Over the past decade (2009–2019) it fell by 50.0%.
How does Panama rank for time required to start a business?▾
In 2019, Panama has the 151st highest time required to start a business out of 189 countries with data.
What was Panama's time required to start a business in 2003?▾
In 2003, Panama's time required to start a business was 18 days. By 2019 it fell by 66.7%.
Explore additional statistical insights
Female Labor Force Participation Rate in Panama
Female labor force participation rate measures the active engagement of women in the workforce, indicating economic inclusivity.
Robotics Research Funding in Panama
Robotics research funding shows the financial investment in robotics R&D, crucial for tech advancement and innovation.
Oil Consumption in Panama
Oil consumption measures the total oil used by a country. Explore rankings, compare countries, and view interactive maps to gain insights.
Gini Index Coefficient in Panama
Gini Index measures income inequality within a country. Compare rankings, explore trends, and visualize data on our interactive map.
Population Below Poverty Line in Panama
Population below poverty line reveals how many live in hardship. Compare countries, explore rankings, and view interactive maps.
Aquaculture Production Volume in Panama
Aquaculture production volume measures the total output of farmed aquatic organisms in a country. It's vital for food supply analysis.