Starting a business - Score in Vietnam

Vietnam: Starting a business - Score was 85.11 in 2019. β–² Rising

Latest (2019)
85.11
Change on year
up 0.4%
World rank
114th
of 188 countries
All-time high
85.11
in 2019
All-time low
66.1
in 2003
Years of data
17
2003–2019

Starting a business - Score in Vietnam, 2003–2019

0204060802003201120192003: 66.12004: 71.32005: 73.12006: 72.32007: 75.12008: 75.52009: 75.92010: 77.82011: 782012: 79.22013: 78.92014: 79.22015: 82.72016: 81.82017: 822018: 84.82019: 85.1

Source: World Bank.

Analysis

Vietnam recorded 85.11 for starting a business - score in 2019. That is the highest value across all 17 years on record.

The figure is up 0.4% on the previous year and up 12.1% over ten years.

Over the whole period, starting a business - score in Vietnam peaked at 85.11 in 2019 and was at its lowest, 66.1, in 2003.

Vietnam ranks 114th of 188 countries on this measure, 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 72.76 66.1 75.93 7
2010s 80.94 77.8 85.11 10

Countries ranked near Vietnam

  1. 111 Dominican Republic 85.44 compare
  2. 112 Bulgaria 85.4 compare
  3. 113 Croatia 85.28 compare
  4. 115 Ghana 84.96 compare
  5. 116 Zambia 84.91 compare
  6. 117 Slovakia 84.81 compare

See the full ranking of 190 places β†’

More private sector data for Vietnam

All data for Vietnam β†’

Frequently asked questions

What is starting a business - score in Vietnam?
Starting a business - score in Vietnam was 85.11 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Vietnam?
The highest recorded value was 85.11 in 2019.
What is the lowest starting a business - score recorded in Vietnam?
The lowest recorded value was 66.1 in 2003.
How does Vietnam rank for starting a business - score?
Vietnam ranks 114th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Vietnam?
Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
Where does this Vietnam 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.