Starting a business - Score in Hungary

Hungary: Starting a business - Score was 88.19 in 2019. β–² Rising

Latest (2019)
88.19
Change on year
up 0.3%
World rank
86th
of 188 countries
All-time high
91.43
in 2011
All-time low
66.66
in 2003
Years of data
17
2003–2019

Starting a business - Score in Hungary, 2003–2019

0204060801002003201120192003: 66.72004: 69.52005: 73.72006: 74.32007: 80.82008: 912009: 91.32010: 91.32011: 91.42012: 89.32013: 89.32014: 86.62015: 87.12016: 87.32017: 87.62018: 87.92019: 88.2

Source: World Bank.

Analysis

In 2019, starting a business - score in Hungary stood at 88.19.

Compared with earlier readings it is up 0.3% on the previous year and down 3.5% over ten years.

Over the whole period, starting a business - score in Hungary peaked at 91.43 in 2011 and was at its lowest, 66.66, in 2003.

That places Hungary 86th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 78.17 66.66 91.35 7
2010s 88.6 86.58 91.43 10

Countries ranked near Hungary

  1. 83 Lesotho 88.24 compare
  2. 84 Sri Lanka 88.2 compare
  3. 85 Malta 88.19 compare
  4. 87 Burkina Faso 88.17 compare
  5. 88 Grenada 87.96 compare
  6. 89 Egypt 87.84 compare

See the full ranking of 190 places β†’

More private sector data for Hungary

All data for Hungary β†’

Frequently asked questions

What is starting a business - score in Hungary?
Starting a business - score in Hungary was 88.19 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Hungary?
The highest recorded value was 91.43 in 2011.
What is the lowest starting a business - score recorded in Hungary?
The lowest recorded value was 66.66 in 2003.
How does Hungary rank for starting a business - score?
Hungary ranks 86th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Hungary?
Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
Where does this Hungary data come from?
The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

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

The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.