Starting a business: Time - Men in Luxembourg

Luxembourg: Starting a business: Time - Men was 16.5 days in 2019. ▼ Falling

Latest (2019)
16.5 days
Change on year
unchanged
World rank
65th
of 188 countries
All-time high
28 days
in 2006
All-time low
16.5 days
in 2010
Years of data
14
2006–2019

Starting a business: Time - Men in Luxembourg, 2006–2019

01020302006201220192006: 28 days2007: 24 days2008: 24 days2009: 22 days2010: 16.5 days2011: 16.5 days2012: 16.5 days2013: 16.5 days2014: 16.5 days2015: 16.5 days2016: 16.5 days2017: 16.5 days2018: 16.5 days2019: 16.5 days

Source: World Bank. Measured in days.

Analysis

Luxembourg recorded 16.5 days for starting a business: time - men in 2019. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 25.0% over ten years.

Over the whole period, starting a business: time - men in Luxembourg peaked at 28 days in 2006 and was at its lowest, 16.5 days, in 2010.

Luxembourg ranks 65th of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.5 days 22 days 28 days 4
2010s 16.5 days 16.5 days 16.5 days 10

Countries ranked near Luxembourg

  1. 64 Brazil 16.62 days compare
  2. 65 Pakistan 16.5 days compare
  3. 65 Dominican Republic 16.5 days compare
  4. 65 El Salvador 16.5 days compare

See the full ranking of 190 places →

More private sector data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is starting a business: time - men in Luxembourg?
Starting a business: time - men in Luxembourg was 16.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Luxembourg?
The highest recorded value was 28 days in 2006.
What is the lowest starting a business: time - men recorded in Luxembourg?
The lowest recorded value was 16.5 days in 2010.
How does Luxembourg rank for starting a business: time - men?
Luxembourg ranks 65th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Luxembourg?
Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
Where does this Luxembourg 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 — 14 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.