Singapore Time Required to Start a Business 2019: 1.50 days

Singapore's time required to start a business in 2019 is 1.50 days, unchanged from 2018. It ranks #185 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
20191.5 days0 days0.00%
20181.5 days1 days-40.00%
20172.5 days0 days0.00%
20162.5 days0 days0.00%
20152.5 days0 days0.00%
20142.5 days0 days0.00%
20132.5 days0 days0.00%
20122.5 days0 days0.00%
20112.5 days0 days0.00%
20102.5 days0 days0.00%
20092.5 days1 days-28.57%
20083.5 days1.5 days-30.00%
20075 days1 days-16.67%
20066 days0 days0.00%
20056 days2 days-25.00%
20048 days0 days0.00%
20038 days——

Frequently Asked Questions About Singapore Time Required to Start a Business

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

Singapore's time required to start a business is 1.50 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.

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

Singapore's time required to start a business was essentially unchanged from 2018 (1.50 days) to 2019 (1.50 days). Over the past decade (2009–2019) it fell by 40.0%.

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

In 2019, Singapore has the 185th highest time required to start a business out of 189 countries with data.

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

In 2003, Singapore's time required to start a business was 8 days. By 2019 it fell by 81.3%.

Other Facts about Singapore

Explore additional statistical insights