Starting a business: Time - Men in Benin

Benin: Starting a business: Time - Men was 8 days in 2019. ▼ Falling

Latest (2019)
8 days
Change on year
unchanged
World rank
127th
of 188 countries
All-time high
35 days
in 2003
All-time low
8 days
in 2016
Years of data
17
2003–2019

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

102030402003201120192003: 35 days2004: 34 days2005: 34 days2006: 34 days2007: 34 days2008: 34 days2009: 34 days2010: 34 days2011: 32 days2012: 29 days2013: 18 days2014: 12 days2015: 12 days2016: 8 days2017: 8 days2018: 8 days2019: 8 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Benin is 8 days, measured in 2019. That is the lowest value across all 17 years on record.

The figure is down 76.5% over ten years.

Over the whole period, starting a business: time - men in Benin peaked at 35 days in 2003 and was at its lowest, 8 days, in 2016.

Benin ranks 127th of 188 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 34.14 days 34 days 35 days 7
2010s 16.9 days 8 days 34 days 10

Countries ranked near Benin

  1. 126 Mexico 8.41 days compare
  2. 127 Afghanistan 8 days compare
  3. 127 Bahrain 8 days compare
  4. 127 Gambia, The 8 days compare
  5. 127 Germany 8 days compare
  6. 127 Guinea-Bissau 8 days compare
  7. 127 Korea, Rep. 8 days compare
  8. 127 Madagascar 8 days compare
  9. 127 Sierra Leone 8 days compare
  10. 127 Slovenia 8 days compare
  11. 127 Sri Lanka 8 days compare

See the full ranking of 190 places →

More private sector data for Benin

All data for Benin →

Frequently asked questions

What is starting a business: time - men in Benin?
Starting a business: time - men in Benin was 8 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Benin?
The highest recorded value was 35 days in 2003.
What is the lowest starting a business: time - men recorded in Benin?
The lowest recorded value was 8 days in 2016.
How does Benin rank for starting a business: time - men?
Benin ranks 127th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Benin?
Over the last ten years it is down 76.5%. The long-run trend across the full record is falling.
Where does this Benin 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.