Starting a business: Time - Men (days) in Micronesia (country)
Micronesia (country): Starting a business: Time - Men was 16 days in 2019. ▼ Falling
Starting a business: Time - Men in Micronesia (country), 2003–2019
Source: World Bank. Measured in days.
Analysis
Micronesia (country) recorded 16 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 unchanged over ten years.
Over the whole period, starting a business: time - men in Micronesia (country) peaked at 36 days in 2003 and was at its lowest, 16 days, in 2004.
Micronesia (country) ranks 69th of 191 countries on this measure, 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 Micronesia (country), year by year
| Year | days | Change |
|---|---|---|
| 2003 | 36 days | — |
| 2004 | 16 days | -55.6% |
| 2005 | 16 days | +0.0% |
| 2006 | 16 days | +0.0% |
| 2007 | 16 days | +0.0% |
| 2008 | 16 days | +0.0% |
| 2009 | 16 days | +0.0% |
| 2010 | 16 days | +0.0% |
| 2011 | 16 days | +0.0% |
| 2012 | 16 days | +0.0% |
| 2013 | 16 days | +0.0% |
| 2014 | 16 days | +0.0% |
| 2015 | 16 days | +0.0% |
| 2016 | 16 days | +0.0% |
| 2017 | 16 days | +0.0% |
| 2018 | 16 days | +0.0% |
| 2019 | 16 days | +0.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 16 days is above the median for upper middle income countries, which is 12 days, 1.3× the median. (56 countries reporting)
- Micronesia (country)'s 16 days is above the median for East Asia & Pacific, which is 12.82 days, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.86 days | 16 days | 36 days | 7 |
| 2010s | 16 days | 16 days | 16 days | 10 |
Countries ranked near Micronesia (country)
More private sector data for Micronesia (country)
- Merchandise trade 83.5% (2025)
- Food imports 27.8% (2013)
- Manufactures imports 36.1% (2013)
- Merchandise imports 310.00 million current US$ (2025)
- Food exports 99.2% (2013)
- Manufactures exports 0.5% (2013)
- Merchandise exports 109.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 958.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2172 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -41.08 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - men in Micronesia (country)?
- Starting a business: time - men in Micronesia (country) was 16 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Micronesia (country)?
- The highest recorded value was 36 days in 2003.
- What is the lowest starting a business: time - men recorded in Micronesia (country)?
- The lowest recorded value was 16 days in 2004.
- How does Micronesia (country) rank for starting a business: time - men?
- Micronesia (country) ranks 69th out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Micronesia (country)?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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.