Starting a business: Time - Men (days) in Marshall Islands
Marshall Islands: Starting a business: Time - Men was 17 days in 2019. ▼ Falling
Starting a business: Time - Men in Marshall Islands, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Marshall Islands is 17 days, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, starting a business: time - men in Marshall Islands peaked at 22 days in 2003 and was at its lowest, 17 days, in 2004.
That places Marshall Islands 61st 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 Marshall Islands, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 22 days | — |
| 2004 | 17 days | -22.7% |
| 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 | 17 days | +0.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 17 days is above the median for upper middle income countries, which is 12 days, 1.4× the median. (56 countries reporting)
- Marshall Islands's 17 days is above the median for East Asia & Pacific, which is 12.82 days, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.71 days | 17 days | 22 days | 7 |
| 2010s | 17 days | 17 days | 17 days | 10 |
Countries ranked near Marshall Islands
More private sector data for Marshall Islands
- Merchandise trade 59.4% (2025)
- Merchandise imports 111.00 million current US$ (2025)
- Merchandise exports 72.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,984 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.46 % change on previous year (2025)
- Merchandise imports (current US$), per capita 3,059 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.3604 current US$ per US$ of GDP (2025)
- Merchandise imports (current US$), annual growth rate 11 % change on previous year (2025)
- Commercial service exports (current US$), per capita 516.22 current US$ per person (2024)
Frequently asked questions
- What is starting a business: time - men in Marshall Islands?
- Starting a business: time - men in Marshall Islands was 17 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Marshall Islands?
- The highest recorded value was 22 days in 2003.
- What is the lowest starting a business: time - men recorded in Marshall Islands?
- The lowest recorded value was 17 days in 2004.
- How does Marshall Islands rank for starting a business: time - men?
- Marshall Islands ranks 61st out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Marshall Islands?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Marshall Islands 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.