Starting a business: Time - Men in Bulgaria

Bulgaria: Starting a business: Time - Men was 23 days in 2019. ▼ Falling

Latest (2019)
23 days
Change on year
unchanged
World rank
41st
of 188 countries
All-time high
56 days
in 2008
All-time low
23 days
in 2016
Years of data
17
2003–2019

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

02040602003201120192003: 39 days2004: 39 days2005: 39 days2006: 39 days2007: 39 days2008: 56 days2009: 25 days2010: 25 days2011: 25 days2012: 25 days2013: 25 days2014: 25 days2015: 25 days2016: 23 days2017: 23 days2018: 23 days2019: 23 days

Source: World Bank. Measured in days.

Analysis

Bulgaria recorded 23 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 8.0% over ten years.

Over the whole period, starting a business: time - men in Bulgaria peaked at 56 days in 2008 and was at its lowest, 23 days, in 2016.

Bulgaria ranks 41st of 188 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.43 days 25 days 56 days 7
2010s 24.2 days 23 days 25 days 10

Countries ranked near Bulgaria

  1. 39 Czechia 24.5 days compare
  2. 40 Uganda 24 days compare
  3. 41 Costa Rica 23 days compare
  4. 41 Kenya 23 days compare
  5. 44 Nepal 22.5 days compare

See the full ranking of 190 places →

More private sector data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is starting a business: time - men in Bulgaria?
Starting a business: time - men in Bulgaria was 23 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Bulgaria?
The highest recorded value was 56 days in 2008.
What is the lowest starting a business: time - men recorded in Bulgaria?
The lowest recorded value was 23 days in 2016.
How does Bulgaria rank for starting a business: time - men?
Bulgaria ranks 41st out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Bulgaria?
Over the last ten years it is down 8.0%. The long-run trend across the full record is falling.
Where does this Bulgaria 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.