Belgium vs Latvia: Starting a business: Time - Men
Starting a business: Time - Men over time
- Belgium
- Latvia
How they compare
Latvia currently reports 5.5 days against 5 days in Belgium, a difference of 0.5 days.
That makes Latvia's figure about 1.1 times Belgium's.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Belgium ahead.
Belgium ranks 160th and Latvia ranks 157th of 190 countries.
Across the 2 decades both report, Belgium averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Belgium | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.5 days | 15.86 days | 7.64 days | Belgium |
| 2010s | 4.55 days | 9.9 days | 5.35 days | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: time - men, Belgium or Latvia?
- Latvia, at 5.5 days against 5 days in Belgium as of 2019.
- What is the difference in starting a business: time - men between Belgium and Latvia?
- 0.5 days, with Latvia ahead.
- How many years of comparable data are there for Belgium and Latvia?
- 17 years are reported by both, from 2003 to 2019.
- How do Belgium and Latvia rank globally for starting a business: time - men?
- Belgium ranks 160th and Latvia ranks 157th of 190 countries.
- Where does this data come from?
- The World Bank, published as Starting a business: Time - Men (days). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The time for men captures the median duration that business incorporation experts indicate is necessary for five male married entrepreneurs to complete all procedures required to start and operate a business with minimum follow-up and no extra payments. It is calulared in calendar days. The time estimates of all procedures are added to calculate the total time required to start and operate a business, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.