Starting a business: Time - Men in Albania

Albania: Starting a business: Time - Men was 4.5 days in 2019. ◆ Volatile

Latest (2019)
4.5 days
Change on year
unchanged
World rank
163rd
of 188 countries
All-time high
41 days
in 2003
All-time low
4.5 days
in 2018
Years of data
17
2003–2019

Starting a business: Time - Men in Albania, 2003–2019

0102030402003201120192003: 41 days2004: 40 days2005: 41 days2006: 39 days2007: 37 days2008: 10 days2009: 6 days2010: 6 days2011: 6 days2012: 5 days2013: 5 days2014: 5 days2015: 5 days2016: 5 days2017: 5 days2018: 4.5 days2019: 4.5 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Albania is 4.5 days, measured in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 25.0% over ten years.

Over the whole period, starting a business: time - men in Albania peaked at 41 days in 2003 and was at its lowest, 4.5 days, in 2018.

Albania ranks 163rd of 188 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.57 days 6 days 41 days 7
2010s 5.1 days 4.5 days 6 days 10

Countries ranked near Albania

  1. 163 Mauritius 4.5 days compare
  2. 163 United Kingdom 4.5 days compare
  3. 166 United States 4.2 days compare

See the full ranking of 190 places →

More private sector data for Albania

All data for Albania →

Frequently asked questions

What is starting a business: time - men in Albania?
Starting a business: time - men in Albania was 4.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Albania?
The highest recorded value was 41 days in 2003.
What is the lowest starting a business: time - men recorded in Albania?
The lowest recorded value was 4.5 days in 2018.
How does Albania rank for starting a business: time - men?
Albania ranks 163rd out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Albania?
Over the last ten years it is down 25.0%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from the World Bank, published as part of Starting a business: Time - Men (days). 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: Time - Men (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time for men captures the median duration that business incorporation experts indicate is necessary for five male 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.