Romania Time Required to Start a Business 2019: 20 days
Romania's time required to start a business in 2019 is 20 days, down 42.9% from 2018. It ranks #51 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 Romania ranks (2019)
#51 of 189
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 20 days | 15 days | -42.86% | |
| 2018 | 35 days | +23 days | +191.67% | |
| 2017 | 12 days | 0 days | 0.00% | |
| 2016 | 12 days | +4 days | +50.00% | |
| 2015 | 8 days | 0 days | 0.00% | |
| 2014 | 8 days | 0 days | 0.00% | |
| 2013 | 8 days | 0 days | 0.00% | |
| 2012 | 8 days | 4 days | -33.33% | |
| 2011 | 12 days | +4 days | +50.00% | |
| 2010 | 8 days | 0 days | 0.00% | |
| 2009 | 8 days | 0 days | 0.00% | |
| 2008 | 8 days | 0 days | 0.00% | |
| 2007 | 8 days | 3 days | -27.27% | |
| 2006 | 11 days | 0 days | 0.00% | |
| 2005 | 11 days | 17 days | -60.71% | |
| 2004 | 28 days | 1 days | -3.45% | |
| 2003 | 29 days | — | — |
Frequently Asked Questions About Romania Time Required to Start a Business
What is Romania's time required to start a business in 2019?▾
Romania's time required to start a business is 20 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Romania's time required to start a business increasing or decreasing?▾
Romania's time required to start a business fell by 42.9% from 2018 (35 days) to 2019 (20 days). Over the past decade (2009–2019) it rose by 150.0%.
How does Romania rank for time required to start a business?▾
In 2019, Romania has the 51st highest time required to start a business out of 189 countries with data.
What was Romania's time required to start a business in 2003?▾
In 2003, Romania's time required to start a business was 29 days. By 2019 it fell by 31.0%.
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