Starting a business: Time - Men in Greece

Greece: Starting a business: Time - Men was 4 days in 2019. ◆ Volatile

Latest (2019)
4 days
Change on year
down 68.0%
World rank
167th
of 188 countries
All-time high
38 days
in 2003
All-time low
4 days
in 2019
Years of data
17
2003–2019

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

0102030402003201120192003: 38 days2004: 38 days2005: 38 days2006: 38 days2007: 38 days2008: 19 days2009: 19 days2010: 19 days2011: 11 days2012: 11 days2013: 14 days2014: 13 days2015: 13 days2016: 13 days2017: 12.5 days2018: 12.5 days2019: 4 days

Source: World Bank. Measured in days.

Analysis

Greece recorded 4 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 68.0% on the previous year and down 78.9% over ten years.

Over the whole period, starting a business: time - men in Greece peaked at 38 days in 2003 and was at its lowest, 4 days, in 2019.

Greece ranks 167th of 188 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.57 days 19 days 38 days 7
2010s 12.3 days 4 days 19 days 10

Countries ranked near Greece

  1. 166 United States 4.2 days compare
  2. 167 Armenia 4 days compare
  3. 167 Chile 4 days compare
  4. 167 France 4 days compare
  5. 167 Moldova 4 days compare
  6. 167 Norway 4 days compare
  7. 167 Oman 4 days compare
  8. 167 Rwanda 4 days compare

See the full ranking of 190 places →

More private sector data for Greece

All data for Greece →

Frequently asked questions

What is starting a business: time - men in Greece?
Starting a business: time - men in Greece was 4 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Greece?
The highest recorded value was 38 days in 2003.
What is the lowest starting a business: time - men recorded in Greece?
The lowest recorded value was 4 days in 2019.
How does Greece rank for starting a business: time - men?
Greece ranks 167th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Greece?
Over the last ten years it is down 78.9%. The long-run trend across the full record is volatile.
Where does this Greece 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.