Starting a business: Time - Men in Eritrea

Eritrea: Starting a business: Time - Men was 84 days in 2019. ▲ Rising

Latest (2019)
84 days
Change on year
unchanged
World rank
5th
of 188 countries
All-time high
84 days
in 2008
All-time low
76 days
in 2004
Years of data
16
2004–2019

Starting a business: Time - Men in Eritrea, 2004–2019

0204060802004201120192004: 76 days2005: 76 days2006: 76 days2007: 83 days2008: 84 days2009: 84 days2010: 84 days2011: 84 days2012: 84 days2013: 84 days2014: 84 days2015: 84 days2016: 84 days2017: 84 days2018: 84 days2019: 84 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Eritrea is 84 days, measured in 2019. That is the highest value across all 16 years on record.

The figure is unchanged over ten years.

Over the whole period, starting a business: time - men in Eritrea peaked at 84 days in 2008 and was at its lowest, 76 days, in 2004.

That places Eritrea 5th out of 188 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 79.83 days 76 days 84 days 6
2010s 84 days 84 days 84 days 10

Countries ranked near Eritrea

  1. 2 Laos 173 days compare
  2. 3 Cambodia 99 days compare
  3. 4 Haiti 97 days compare
  4. 6 Bosnia and Herzegovina 80 days compare
  5. 7 Iran 72 days compare
  6. 8 Somalia 70 days compare

See the full ranking of 190 places →

More private sector data for Eritrea

All data for Eritrea →

Frequently asked questions

What is starting a business: time - men in Eritrea?
Starting a business: time - men in Eritrea was 84 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Eritrea?
The highest recorded value was 84 days in 2008.
What is the lowest starting a business: time - men recorded in Eritrea?
The lowest recorded value was 76 days in 2004.
How does Eritrea rank for starting a business: time - men?
Eritrea ranks 5th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Eritrea?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Eritrea 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 — 16 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.