Starting a business: Time - Men (days) in Armenia
Armenia: Starting a business: Time - Men was 4 days in 2019. ◆ Volatile
Starting a business: Time - Men in Armenia, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Armenia is 4 days, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 71.4% over ten years.
Over the whole period, starting a business: time - men in Armenia peaked at 18 days in 2003 and was at its lowest, 4 days, in 2018.
That places Armenia 170th out of 191 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Time - Men in Armenia, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 18 days | — |
| 2004 | 18 days | +0.0% |
| 2005 | 18 days | +0.0% |
| 2006 | 17 days | -5.6% |
| 2007 | 17 days | +0.0% |
| 2008 | 17 days | +0.0% |
| 2009 | 14 days | -17.6% |
| 2010 | 14 days | +0.0% |
| 2011 | 8 days | -42.9% |
| 2012 | 8 days | +0.0% |
| 2013 | 5 days | -37.5% |
| 2014 | 5 days | +0.0% |
| 2015 | 5 days | +0.0% |
| 2016 | 5 days | +0.0% |
| 2017 | 5 days | +0.0% |
| 2018 | 4 days | -20.0% |
| 2019 | 4 days | +0.0% |
Armenia compared with similar countries
- Armenia's 4 days is below the median for upper middle income countries, which is 12 days, 33% of the median. (56 countries reporting)
- Armenia's 4 days is below the median for Europe & Central Asia, which is 7 days, 57% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17 days | 14 days | 18 days | 7 |
| 2010s | 6.3 days | 4 days | 14 days | 10 |
Countries ranked near Armenia
More private sector data for Armenia
- Merchandise trade 73.3% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 43.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Food exports 9.4% (2024)
- Manufactures exports 29.5% (2024)
- Merchandise exports 8.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,720 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2871 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.88 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - men in Armenia?
- Starting a business: time - men in Armenia was 4 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Armenia?
- The highest recorded value was 18 days in 2003.
- What is the lowest starting a business: time - men recorded in Armenia?
- The lowest recorded value was 4 days in 2018.
- How does Armenia rank for starting a business: time - men?
- Armenia ranks 170th out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Armenia?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is volatile.
- Where does this Armenia 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
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.