Starting a business: Time - Men in Montenegro

Montenegro: Starting a business: Time - Men was 12 days in 2019. ▼ Falling

Latest (2019)
12 days
Change on year
unchanged
World rank
89th
of 188 countries
All-time high
26 days
in 2006
All-time low
12 days
in 2010
Years of data
14
2006–2019

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

01020302006201220192006: 26 days2007: 26 days2008: 23 days2009: 14 days2010: 12 days2011: 12 days2012: 12 days2013: 12 days2014: 12 days2015: 12 days2016: 12 days2017: 12 days2018: 12 days2019: 12 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Montenegro stood at 12 days. That is the lowest value across all 14 years on record.

That represents a change of down 14.3% over ten years.

Over the whole period, starting a business: time - men in Montenegro peaked at 26 days in 2006 and was at its lowest, 12 days, in 2010.

Montenegro ranks 89th 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 22.25 days 14 days 26 days 4
2010s 12 days 12 days 12 days 10

Countries ranked near Montenegro

  1. 87 Indonesia 12.64 days compare
  2. 88 Spain 12.5 days compare
  3. 89 Bhutan 12 days compare
  4. 89 Dominica 12 days compare
  5. 89 Egypt 12 days compare
  6. 89 Grenada 12 days compare
  7. 89 Jordan 12 days compare
  8. 89 Maldives 12 days compare
  9. 89 Mongolia 12 days compare

See the full ranking of 190 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is starting a business: time - men in Montenegro?
Starting a business: time - men in Montenegro was 12 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Montenegro?
The highest recorded value was 26 days in 2006.
What is the lowest starting a business: time - men recorded in Montenegro?
The lowest recorded value was 12 days in 2010.
How does Montenegro rank for starting a business: time - men?
Montenegro ranks 89th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Montenegro?
Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
Where does this Montenegro 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.