Republic of Korea vs Mexico: Starting a business: Time - Women
Starting a business: Time - Women over time
- Republic of Korea
- Mexico
How they compare
Mexico currently reports 8.41 days against 8 days in Republic of Korea, a difference of 0.41 days.
That makes Mexico's figure about 1.1 times Republic of Korea's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Mexico ahead.
Republic of Korea ranks 132nd and Mexico ranks 131st of 191 countries.
Across the 2 decades both report, Republic of Korea averaged higher in 1 and Mexico in 1.
Head to head by decade
| Decade | Republic of Korea | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.57 days | 19 days | 2.43 days | Mexico |
| 2010s | 8.7 days | 8.44 days | 0.2595 days | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: time - women, Republic of Korea or Mexico?
- Mexico, at 8.41 days against 8 days in Republic of Korea as of 2019.
- What is the difference in starting a business: time - women between Republic of Korea and Mexico?
- 0.41 days, with Mexico ahead.
- How many years of comparable data are there for Republic of Korea and Mexico?
- 17 years are reported by both, from 2003 to 2019.
- How do Republic of Korea and Mexico rank globally for starting a business: time - women?
- Republic of Korea ranks 132nd and Mexico ranks 131st of 191 countries.
- Where does this data come from?
- The World Bank, published as Starting a business: Time - Women (days). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The time for women captures the median duration that business incorporation experts indicate is necessary for five female 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.