Starting a business - Score in Micronesia (country)

Micronesia (country): Starting a business - Score was 69.61 in 2019. ▬ Flat

Latest (2019)
69.61
Change on year
up 0.1%
World rank
172nd
of 188 countries
All-time high
75.57
in 2003
All-time low
67.25
in 2004
Years of data
17
2003–2019

Starting a business - Score in Micronesia (country), 2003–2019

0204060802003201120192003: 75.62004: 67.22005: 68.22006: 70.32007: 70.22008: 70.12009: 70.32010: 70.12011: 69.92012: 69.82013: 69.72014: 69.62015: 69.62016: 69.72017: 69.62018: 69.62019: 69.6

Source: World Bank.

Analysis

In 2019, starting a business - score in Micronesia (country) stood at 69.61.

The figure is up 0.1% on the previous year and down 1.0% over ten years.

Over the whole period, starting a business - score in Micronesia (country) peaked at 75.57 in 2003 and was at its lowest, 67.25, in 2004.

That places Micronesia (country) 172nd out of 188 countries with data for 2019, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 70.27 67.25 75.57 7
2010s 69.72 69.56 70.05 10

Countries ranked near Micronesia (country)

  1. 169 Philippines 71.28 compare
  2. 170 South Sudan 71.01 compare
  3. 171 Palestine 70.19 compare
  4. 173 Bolivia 69.36 compare
  5. 174 Mozambique 69.26 compare
  6. 175 Ecuador 69.11 compare

See the full ranking of 190 places →

More private sector data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is starting a business - score in Micronesia (country)?
Starting a business - score in Micronesia (country) was 69.61 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Micronesia (country)?
The highest recorded value was 75.57 in 2003.
What is the lowest starting a business - score recorded in Micronesia (country)?
The lowest recorded value was 67.25 in 2004.
How does Micronesia (country) rank for starting a business - score?
Micronesia (country) ranks 172nd out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Micronesia (country)?
Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
Where does this Micronesia (country) 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 · JSON — 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.