Starting a business: Time - Men (days) in Hungary
Hungary: Starting a business: Time - Men was 7 days in 2019. ◆ Volatile
Starting a business: Time - Men in Hungary, 2003–2019
Source: World Bank. Measured in days.
Analysis
Hungary recorded 7 days for starting a business: time - men in 2019.
The figure is up 40.0% over ten years.
Over the whole period, starting a business: time - men in Hungary peaked at 54 days in 2003 and was at its lowest, 5 days, in 2009.
Hungary ranks 141st of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Time - Men in Hungary, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 54 days | — |
| 2004 | 54 days | +0.0% |
| 2005 | 39 days | -27.8% |
| 2006 | 39 days | +0.0% |
| 2007 | 17 days | -56.4% |
| 2008 | 6 days | -64.7% |
| 2009 | 5 days | -16.7% |
| 2010 | 5 days | +0.0% |
| 2011 | 5 days | +0.0% |
| 2012 | 7 days | +40.0% |
| 2013 | 7 days | +0.0% |
| 2014 | 7 days | +0.0% |
| 2015 | 7 days | +0.0% |
| 2016 | 7 days | +0.0% |
| 2017 | 7 days | +0.0% |
| 2018 | 7 days | +0.0% |
| 2019 | 7 days | +0.0% |
Hungary compared with similar countries
- Hungary's 7 days is below the median for high income countries, which is 8.25 days, 85% of the median. (62 countries reporting)
- Hungary's 7 days is above the median for Europe & Central Asia, which is 7 days, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.57 days | 5 days | 54 days | 7 |
| 2010s | 6.6 days | 5 days | 7 days | 10 |
Countries ranked near Hungary
More private sector data for Hungary
- Merchandise trade 133.1% (2025)
- Food imports 7.0% (2025)
- Manufactures imports 72.5% (2025)
- Merchandise imports 159.20 billion current US$ (2025)
- Food exports 8.6% (2025)
- Manufactures exports 80.4% (2025)
- Merchandise exports 168.84 billion current US$ (2025)
- Merchandise exports (current US$), per capita 17,746 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.685 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.01 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - men in Hungary?
- Starting a business: time - men in Hungary was 7 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Hungary?
- The highest recorded value was 54 days in 2003.
- What is the lowest starting a business: time - men recorded in Hungary?
- The lowest recorded value was 5 days in 2009.
- How does Hungary rank for starting a business: time - men?
- Hungary ranks 141st out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Hungary?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is volatile.
- Where does this Hungary 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.