South Korea vs Mexico: Starting a business: Time - Men
Starting a business: Time - Men over time
- South Korea
- Mexico
How they compare
Mexico currently reports 8.41 days against 8 days in South Korea, a difference of 0.41 days.
That makes Mexico's figure about 1.1 times South Korea's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Mexico ahead.
South Korea ranks 127th and Mexico ranks 126th of 188 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Mexico in 1.
Head to head by decade
| Decade | South Korea | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.57 days | 19 days | 2.43 days | Mexico |
| 2010s | 8.7 days | 8.44 days | 0.2595 days | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: time - men, South Korea or Mexico?
- Mexico, at 8.41 days against 8 days in South Korea as of 2019.
- What is the difference in starting a business: time - men between South Korea and Mexico?
- 0.41 days, with Mexico ahead.
- How many years of comparable data are there for South Korea and Mexico?
- 17 years are reported by both, from 2003 to 2019.
- How do South Korea and Mexico rank globally for starting a business: time - men?
- South Korea ranks 127th and Mexico ranks 126th of 188 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.