Starting a business: Time - Men in Cyprus

Cyprus: Starting a business: Time - Men was 6 days in 2019. ▼ Falling

Latest (2019)
6 days
Change on year
unchanged
World rank
150th
of 188 countries
All-time high
8 days
in 2008
All-time low
6 days
in 2016
Years of data
12
2008–2019

Starting a business: Time - Men in Cyprus, 2008–2019

024682008201320192008: 8 days2009: 8 days2010: 8 days2011: 8 days2012: 8 days2013: 8 days2014: 8 days2015: 8 days2016: 6 days2017: 6 days2018: 6 days2019: 6 days

Source: World Bank. Measured in days.

Analysis

Cyprus recorded 6 days for starting a business: time - men in 2019. That is the lowest value across all 12 years on record.

That represents a change of down 25.0% over ten years.

Over the whole period, starting a business: time - men in Cyprus peaked at 8 days in 2008 and was at its lowest, 6 days, in 2016.

Cyprus ranks 150th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8 days 8 days 8 days 2
2010s 7.2 days 6 days 8 days 10

Countries ranked near Cyprus

  1. 147 Portugal 6.5 days compare
  2. 147 Ukraine 6.5 days compare
  3. 147 Uruguay 6.5 days compare
  4. 150 Cote d'Ivoire 6 days compare
  5. 150 Mauritania 6 days compare
  6. 150 Panama 6 days compare
  7. 150 Senegal 6 days compare
  8. 150 Thailand 6 days compare

See the full ranking of 190 places →

More private sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is starting a business: time - men in Cyprus?
Starting a business: time - men in Cyprus was 6 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Cyprus?
The highest recorded value was 8 days in 2008.
What is the lowest starting a business: time - men recorded in Cyprus?
The lowest recorded value was 6 days in 2016.
How does Cyprus rank for starting a business: time - men?
Cyprus ranks 150th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Cyprus?
Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
Where does this Cyprus 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 — 12 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.