Starting a business: Time - Men in Australia

Australia: Starting a business: Time - Men was 2 days in 2019. ▼ Falling

Latest (2019)
2 days
Change on year
down 20.0%
World rank
183rd
of 188 countries
All-time high
3 days
in 2003
All-time low
2 days
in 2019
Years of data
17
2003–2019

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

01232003201120192003: 3 days2004: 3 days2005: 3 days2006: 3 days2007: 3 days2008: 2.5 days2009: 2.5 days2010: 2.5 days2011: 2.5 days2012: 2.5 days2013: 2.5 days2014: 2.5 days2015: 2.5 days2016: 2.5 days2017: 2.5 days2018: 2.5 days2019: 2 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Australia stood at 2 days. That is the lowest value across all 17 years on record.

That represents a change of down 20.0% on the previous year and down 20.0% over ten years.

Over the whole period, starting a business: time - men in Australia peaked at 3 days in 2003 and was at its lowest, 2 days, in 2019.

That places Australia 183rd out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.86 days 2.5 days 3 days 7
2010s 2.45 days 2 days 2.5 days 10

Countries ranked near Australia

  1. 180 Jamaica 3 days compare
  2. 180 Uzbekistan 3 days compare
  3. 182 Togo 2.5 days compare
  4. 184 Canada 1.5 days compare
  5. 184 Hong Kong 1.5 days compare
  6. 184 Singapore 1.5 days compare

See the full ranking of 190 places →

More private sector data for Australia

All data for Australia →

Frequently asked questions

What is starting a business: time - men in Australia?
Starting a business: time - men in Australia was 2 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Australia?
The highest recorded value was 3 days in 2003.
What is the lowest starting a business: time - men recorded in Australia?
The lowest recorded value was 2 days in 2019.
How does Australia rank for starting a business: time - men?
Australia ranks 183rd out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Australia?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Australia 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.