Starting a business: Time - Men in Finland

Finland: Starting a business: Time - Men was 13 days in 2019. ▼ Falling

Latest (2019)
13 days
Change on year
down 23.5%
World rank
81st
of 188 countries
All-time high
31 days
in 2003
All-time low
13 days
in 2019
Years of data
17
2003–2019

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

01020302003201120192003: 31 days2004: 17 days2005: 17 days2006: 17 days2007: 17 days2008: 17 days2009: 17 days2010: 17 days2011: 17 days2012: 17 days2013: 17 days2014: 17 days2015: 17 days2016: 17 days2017: 17 days2018: 17 days2019: 13 days

Source: World Bank. Measured in days.

Analysis

Finland recorded 13 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.

The figure is down 23.5% on the previous year and down 23.5% over ten years.

Over the whole period, starting a business: time - men in Finland peaked at 31 days in 2003 and was at its lowest, 13 days, in 2019.

That places Finland 81st out of 188 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 19 days 17 days 31 days 7
2010s 16.6 days 13 days 17 days 10

Countries ranked near Finland

  1. 80 Nicaragua 14 days compare
  2. 81 Burkina Faso 13 days compare
  3. 81 Cameroon 13 days compare
  4. 81 Ghana 13 days compare
  5. 81 South Sudan 13 days compare
  6. 81 Timor-Leste 13 days compare

See the full ranking of 190 places →

More private sector data for Finland

All data for Finland →

Frequently asked questions

What is starting a business: time - men in Finland?
Starting a business: time - men in Finland was 13 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Finland?
The highest recorded value was 31 days in 2003.
What is the lowest starting a business: time - men recorded in Finland?
The lowest recorded value was 13 days in 2019.
How does Finland rank for starting a business: time - men?
Finland ranks 81st out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Finland?
Over the last ten years it is down 23.5%. The long-run trend across the full record is falling.
Where does this Finland 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.