Starting a business: Time - Men 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 188 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 188 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.

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 190 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 188 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.

Download this data

CSV · JSON — 17 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.