Starting a business: Time - Men (days) in Finland
Finland: Starting a business: Time - Men was 13 days in 2019. ▼ Falling
Starting a business: Time - Men in Finland, 2003–2019
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 82nd out of 191 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.
Starting a business: Time - Men in Finland, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 31 days | — |
| 2004 | 17 days | -45.2% |
| 2005 | 17 days | +0.0% |
| 2006 | 17 days | +0.0% |
| 2007 | 17 days | +0.0% |
| 2008 | 17 days | +0.0% |
| 2009 | 17 days | +0.0% |
| 2010 | 17 days | +0.0% |
| 2011 | 17 days | +0.0% |
| 2012 | 17 days | +0.0% |
| 2013 | 17 days | +0.0% |
| 2014 | 17 days | +0.0% |
| 2015 | 17 days | +0.0% |
| 2016 | 17 days | +0.0% |
| 2017 | 17 days | +0.0% |
| 2018 | 17 days | +0.0% |
| 2019 | 13 days | -23.5% |
Finland compared with similar countries
- Finland's 13 days is above the median for high income countries, which is 8.25 days, 1.6× the median. (62 countries reporting)
- Finland's 13 days is above the median for Europe & Central Asia, which is 7 days, 1.9× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19 days | 17 days | 31 days | 7 |
| 2010s | 16.6 days | 13 days | 17 days | 10 |
Countries ranked near Finland
- 80 Djibouti 14 days compare
- 80 Nicaragua 14 days compare
- 82 Burkina Faso 13 days compare
- 82 Cameroon 13 days compare
- 82 Ghana 13 days compare
- 82 South Sudan 13 days compare
- 82 East Timor 13 days compare
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
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 82nd out of 191 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
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.