Starting a business: Time - Men in Palau
Palau: Starting a business: Time - Men was 28 days in 2019. ▬ Flat
Starting a business: Time - Men in Palau, 2003–2019
Source: World Bank. Measured in days.
Analysis
In 2019, starting a business: time - men in Palau stood at 28 days.
The figure is unchanged over ten years.
Over the whole period, starting a business: time - men in Palau peaked at 33 days in 2003 and was at its lowest, 24 days, in 2004.
That places Palau 35th out of 188 countries with data for 2019, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.57 days | 24 days | 33 days | 7 |
| 2010s | 28 days | 28 days | 28 days | 10 |
Countries ranked near Palau
More private sector data for Palau
- Merchandise trade 47.8% (2025)
- Food imports 23.0% (2018)
- Manufactures imports 50.8% (2018)
- Merchandise imports 162.00 million current US$ (2025)
- Food exports 88.7% (2018)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Commercial service exports 55.85 million current US$ (2023)
- Transport services 58.2% (2023)
- Computer, communications and other services 13.1% (2023)
Frequently asked questions
- What is starting a business: time - men in Palau?
- Starting a business: time - men in Palau was 28 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Palau?
- The highest recorded value was 33 days in 2003.
- What is the lowest starting a business: time - men recorded in Palau?
- The lowest recorded value was 24 days in 2004.
- How does Palau rank for starting a business: time - men?
- Palau ranks 35th out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Palau?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Palau 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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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.