Korea vs Sri Lanka: Starting a business: Time - Men

Korea
8 days
in 2019
Sri Lanka
8 days
in 2019
Korea rank
128th
Sri Lanka rank
128th

Starting a business: Time - Men over time

  • Korea
  • Sri Lanka
102030405060200320112019

How they compare

Korea currently reports 8 days against 8 days in Sri Lanka, a difference of 0 days.

Across all 17 years both countries report, Sri Lanka has been ahead every year.

Korea ranks 128th and Sri Lanka ranks 128th of 190 countries.

Sri Lanka has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Korea Sri Lanka Difference Ahead
2000s 16.57 days 46.29 days 29.71 days Sri Lanka
2010s 8.7 days 15.1 days 6.4 days Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher starting a business: time - men, Korea or Sri Lanka?
Korea, at 8 days against 8 days in Sri Lanka as of 2019.
What is the difference in starting a business: time - men between Korea and Sri Lanka?
0 days, with Korea ahead.
How many years of comparable data are there for Korea and Sri Lanka?
17 years are reported by both, from 2003 to 2019.
How do Korea and Sri Lanka rank globally for starting a business: time - men?
Korea ranks 128th and Sri Lanka ranks 128th 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.

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Korea vs Sri Lanka: Starting a business: Time - Men. Statizoid. Retrieved 21 August 2026, from https://private-sector.statizoid.com/compare/starting-a-business-time-men-days/korea-rep/sri-lanka/

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About this data

Indicator
Starting a business: Time - Men (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

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.