Slovakia Time Required to Start a Business 2019: 21.50 days
Slovakia's time required to start a business in 2019 is 21.50 days, down 18.9% from 2018. It ranks #47 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 Slovakia ranks (2019)
#47 of 189- #46
Central African Republic22 days - #47
Eswatini21.5 days - #47
Slovakia21.5 days - #49
Austria21 days - #50
Malta20.5 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 21.5 days | 5 days | -18.87% | |
| 2018 | 26.5 days | 0 days | 0.00% | |
| 2017 | 26.5 days | 0 days | 0.00% | |
| 2016 | 26.5 days | 0 days | 0.00% | |
| 2015 | 26.5 days | 0 days | 0.00% | |
| 2014 | 26.5 days | 7 days | -20.90% | |
| 2013 | 33.5 days | +5 days | +17.54% | |
| 2012 | 28.5 days | 0 days | 0.00% | |
| 2011 | 28.5 days | 0 days | 0.00% | |
| 2010 | 28.5 days | 0 days | 0.00% | |
| 2009 | 28.5 days | 0 days | 0.00% | |
| 2008 | 28.5 days | 8.5 days | -22.97% | |
| 2007 | 37 days | 0 days | 0.00% | |
| 2006 | 37 days | 0 days | 0.00% | |
| 2005 | 37 days | 25 days | -40.32% | |
| 2004 | 62 days | 51 days | -45.13% | |
| 2003 | 113 days | — | — |
Frequently Asked Questions About Slovakia Time Required to Start a Business
What is Slovakia's time required to start a business in 2019?▾
Slovakia's time required to start a business is 21.50 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Slovakia's time required to start a business increasing or decreasing?▾
Slovakia's time required to start a business fell by 18.9% from 2018 (26.50 days) to 2019 (21.50 days). Over the past decade (2009–2019) it fell by 24.6%.
How does Slovakia rank for time required to start a business?▾
In 2019, Slovakia has the 47th highest time required to start a business out of 189 countries with data.
What was Slovakia's time required to start a business in 2003?▾
In 2003, Slovakia's time required to start a business was 113 days. By 2019 it fell by 81.0%.
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