Starting a business - Score in Mongolia

Mongolia: Starting a business - Score was 86.67 in 2019. β–² Rising

Latest (2019)
86.67
Change on year
up 0.0%
World rank
99th
of 188 countries
All-time high
87.13
in 2014
All-time low
68.01
in 2003
Years of data
17
2003–2019

Starting a business - Score in Mongolia, 2003–2019

0204060802003201120192003: 682004: 72.62005: 75.62006: 77.42007: 78.72008: 81.42009: 82.42010: 82.22011: 82.92012: 85.52013: 87.12014: 87.12015: 86.62016: 86.62017: 86.62018: 86.72019: 86.7

Source: World Bank.

Analysis

Mongolia recorded 86.67 for starting a business - score in 2019.

The figure is up 5.1% over ten years.

Over the whole period, starting a business - score in Mongolia peaked at 87.13 in 2014 and was at its lowest, 68.01, in 2003.

That places Mongolia 99th 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 76.59 68.01 82.43 7
2010s 85.81 82.23 87.13 10

Countries ranked near Mongolia

  1. 96 Spain 86.95 compare
  2. 97 Italy 86.81 compare
  3. 98 Guatemala 86.8 compare
  4. 100 Montenegro 86.66 compare
  5. 101 Barbados 86.37 compare
  6. 102 Bhutan 86.36 compare

See the full ranking of 190 places β†’

More private sector data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is starting a business - score in Mongolia?
Starting a business - score in Mongolia was 86.67 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Mongolia?
The highest recorded value was 87.13 in 2014.
What is the lowest starting a business - score recorded in Mongolia?
The lowest recorded value was 68.01 in 2003.
How does Mongolia rank for starting a business - score?
Mongolia ranks 99th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Mongolia?
Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
Where does this Mongolia 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.