Starting a business: Time - Men in Czechia

Czechia: Starting a business: Time - Men was 24.5 days in 2019. ▼ Falling

Latest (2019)
24.5 days
Change on year
unchanged
World rank
39th
of 188 countries
All-time high
57 days
in 2003
All-time low
24.5 days
in 2016
Years of data
17
2003–2019

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

02040602003201120192003: 57 days2004: 57 days2005: 57 days2006: 39 days2007: 32 days2008: 35 days2009: 32 days2010: 32 days2011: 30.5 days2012: 30.5 days2013: 30.5 days2014: 30.5 days2015: 30.5 days2016: 24.5 days2017: 24.5 days2018: 24.5 days2019: 24.5 days

Source: World Bank. Measured in days.

Analysis

Czechia recorded 24.5 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 23.4% over ten years.

Over the whole period, starting a business: time - men in Czechia peaked at 57 days in 2003 and was at its lowest, 24.5 days, in 2016.

That places Czechia 39th out of 188 countries with data for 2019, putting it 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 44.14 days 32 days 57 days 7
2010s 28.25 days 24.5 days 32 days 10

Countries ranked near Czechia

  1. 36 Zimbabwe 27 days compare
  2. 37 Iraq 26 days compare
  3. 37 Peru 26 days compare
  4. 40 Uganda 24 days compare
  5. 41 Bulgaria 23 days compare
  6. 41 Costa Rica 23 days compare
  7. 41 Kenya 23 days compare

See the full ranking of 190 places →

More private sector data for Czechia

All data for Czechia →

Frequently asked questions

What is starting a business: time - men in Czechia?
Starting a business: time - men in Czechia was 24.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Czechia?
The highest recorded value was 57 days in 2003.
What is the lowest starting a business: time - men recorded in Czechia?
The lowest recorded value was 24.5 days in 2016.
How does Czechia rank for starting a business: time - men?
Czechia ranks 39th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Czechia?
Over the last ten years it is down 23.4%. The long-run trend across the full record is falling.
Where does this Czechia 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.