Starting a business: Time - Men in Bhutan

Bhutan: Starting a business: Time - Men was 12 days in 2019. ◆ Volatile

Latest (2019)
12 days
Change on year
unchanged
World rank
89th
of 188 countries
All-time high
62 days
in 2003
All-time low
12 days
in 2017
Years of data
17
2003–2019

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

1020304050602003201120192003: 62 days2004: 62 days2005: 62 days2006: 62 days2007: 48 days2008: 46 days2009: 46 days2010: 46 days2011: 35 days2012: 35 days2013: 30 days2014: 15 days2015: 15 days2016: 15 days2017: 12 days2018: 12 days2019: 12 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Bhutan stood at 12 days. That is the lowest value across all 17 years on record.

That represents a change of down 73.9% over ten years.

Over the whole period, starting a business: time - men in Bhutan peaked at 62 days in 2003 and was at its lowest, 12 days, in 2017.

That places Bhutan 89th out of 188 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 55.43 days 46 days 62 days 7
2010s 22.7 days 12 days 46 days 10

Countries ranked near Bhutan

  1. 87 Indonesia 12.64 days compare
  2. 88 Spain 12.5 days compare
  3. 89 Dominica 12 days compare
  4. 89 Egypt, Arab Rep. 12 days compare
  5. 89 Grenada 12 days compare
  6. 89 Jordan 12 days compare
  7. 89 Maldives 12 days compare
  8. 89 Mongolia 12 days compare
  9. 89 Montenegro 12 days compare

See the full ranking of 190 places →

More private sector data for Bhutan

All data for Bhutan →

Frequently asked questions

What is starting a business: time - men in Bhutan?
Starting a business: time - men in Bhutan was 12 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Bhutan?
The highest recorded value was 62 days in 2003.
What is the lowest starting a business: time - men recorded in Bhutan?
The lowest recorded value was 12 days in 2017.
How does Bhutan rank for starting a business: time - men?
Bhutan ranks 89th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Bhutan?
Over the last ten years it is down 73.9%. The long-run trend across the full record is volatile.
Where does this Bhutan 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.