Starting a business: Time - Men (days) in North Macedonia

North Macedonia: Starting a business: Time - Men was 15 days in 2019. ◆ Volatile

Latest (2019)
15 days
Change on year
unchanged
World rank
74th
of 191 countries
All-time high
60 days
in 2003
All-time low
15 days
in 2012
Years of data
17
2003–2019

Starting a business: Time - Men in North Macedonia, 2003–2019

1020304050602003201120192003: 60 days2004: 60 days2005: 60 days2006: 31 days2007: 28 days2008: 22 days2009: 17 days2010: 16 days2011: 16 days2012: 15 days2013: 15 days2014: 15 days2015: 15 days2016: 15 days2017: 15 days2018: 15 days2019: 15 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in North Macedonia stood at 15 days. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 11.8% over ten years.

Over the whole period, starting a business: time - men in North Macedonia peaked at 60 days in 2003 and was at its lowest, 15 days, in 2012.

North Macedonia ranks 74th 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 North Macedonia, year by year

Annual values for Starting a business: Time - Men (days) in North Macedonia, 2003 to 2019.
Year days Change
2003 60 days —
2004 60 days +0.0%
2005 60 days +0.0%
2006 31 days -48.3%
2007 28 days -9.7%
2008 22 days -21.4%
2009 17 days -22.7%
2010 16 days -5.9%
2011 16 days +0.0%
2012 15 days -6.2%
2013 15 days +0.0%
2014 15 days +0.0%
2015 15 days +0.0%
2016 15 days +0.0%
2017 15 days +0.0%
2018 15 days +0.0%
2019 15 days +0.0%

North Macedonia compared with similar countries

  • North Macedonia's 15 days is above the median for upper middle income countries, which is 12 days, 1.2× the median. (56 countries reporting)
  • North Macedonia's 15 days is above the median for Europe & Central Asia, which is 7 days, 2.1× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.71 days 17 days 60 days 7
2010s 15.2 days 15 days 16 days 10

Countries ranked near North Macedonia

  1. 74 Guatemala 15 days compare
  2. 74 Guinea 15 days compare
  3. 74 Lebanon 15 days compare
  4. 74 Lesotho 15 days compare
  5. 74 Syria 15 days compare

See the full ranking of 191 places →

More private sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is starting a business: time - men in North Macedonia?
Starting a business: time - men in North Macedonia was 15 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in North Macedonia?
The highest recorded value was 60 days in 2003.
What is the lowest starting a business: time - men recorded in North Macedonia?
The lowest recorded value was 15 days in 2012.
How does North Macedonia rank for starting a business: time - men?
North Macedonia ranks 74th out of 191 countries with data for 2019.
Is starting a business: time - men rising or falling in North Macedonia?
Over the last ten years it is down 11.8%. The long-run trend across the full record is volatile.
Where does this North Macedonia 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.

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Starting a business: Time - Men in North Macedonia. Statizoid. Retrieved 07 October 2026, from https://private-sector.statizoid.com/stat/starting-a-business-time-men-days/north-macedonia/

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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
191 places, 3,094 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.