Starting a business: Time - Men (days) in Belgium

Belgium: Starting a business: Time - Men was 5 days in 2019. ◆ Volatile

Latest (2019)
5 days
Change on year
up 11.1%
World rank
160th
of 191 countries
All-time high
56 days
in 2003
All-time low
4.5 days
in 2007
Years of data
17
2003–2019

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

02040602003201120192003: 56 days2004: 34 days2005: 34 days2006: 27 days2007: 4.5 days2008: 4.5 days2009: 4.5 days2010: 4.5 days2011: 4.5 days2012: 4.5 days2013: 4.5 days2014: 4.5 days2015: 4.5 days2016: 4.5 days2017: 4.5 days2018: 4.5 days2019: 5 days

Source: World Bank. Measured in days.

Analysis

Belgium recorded 5 days for starting a business: time - men in 2019.

That represents a change of up 11.1% on the previous year and up 11.1% over ten years.

Over the whole period, starting a business: time - men in Belgium peaked at 56 days in 2003 and was at its lowest, 4.5 days, in 2007.

Belgium ranks 160th of 191 countries on this measure, 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 Belgium, year by year

Annual values for Starting a business: Time - Men (days) in Belgium, 2003 to 2019.
Year days Change
2003 56 days —
2004 34 days -39.3%
2005 34 days +0.0%
2006 27 days -20.6%
2007 4.5 days -83.3%
2008 4.5 days +0.0%
2009 4.5 days +0.0%
2010 4.5 days +0.0%
2011 4.5 days +0.0%
2012 4.5 days +0.0%
2013 4.5 days +0.0%
2014 4.5 days +0.0%
2015 4.5 days +0.0%
2016 4.5 days +0.0%
2017 4.5 days +0.0%
2018 4.5 days +0.0%
2019 5 days +11.1%

Belgium compared with similar countries

  • Belgium's 5 days is below the median for high income countries, which is 8.25 days, 61% of the median. (62 countries reporting)
  • Belgium's 5 days is below the median for Europe & Central Asia, which is 7 days, 71% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.5 days 4.5 days 56 days 7
2010s 4.55 days 4.5 days 5 days 10

Countries ranked near Belgium

  1. 157 Latvia 5.5 days compare
  2. 157 Lithuania 5.5 days compare
  3. 157 Puerto Rico 5.5 days compare
  4. 160 Brunei 5 days compare
  5. 160 Burundi 5 days compare
  6. 160 Kazakhstan 5 days compare

See the full ranking of 191 places →

More private sector data for Belgium

All data for Belgium →

Frequently asked questions

What is starting a business: time - men in Belgium?
Starting a business: time - men in Belgium was 5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Belgium?
The highest recorded value was 56 days in 2003.
What is the lowest starting a business: time - men recorded in Belgium?
The lowest recorded value was 4.5 days in 2007.
How does Belgium rank for starting a business: time - men?
Belgium ranks 160th out of 191 countries with data for 2019.
Is starting a business: time - men rising or falling in Belgium?
Over the last ten years it is up 11.1%. The long-run trend across the full record is volatile.
Where does this Belgium 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.

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Starting a business: Time - Men in Belgium. Statizoid. Retrieved 07 October 2026, from https://private-sector.statizoid.com/stat/starting-a-business-time-men-days/belgium/

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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
191 places, 3,094 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.