Starting a business: Time - Men in Romania

Romania: Starting a business: Time - Men was 20 days in 2019. ◆ Volatile

Latest (2019)
20 days
Change on year
down 42.9%
World rank
50th
of 188 countries
All-time high
35 days
in 2018
All-time low
8 days
in 2007
Years of data
17
2003–2019

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

102030402003201120192003: 29 days2004: 28 days2005: 11 days2006: 11 days2007: 8 days2008: 8 days2009: 8 days2010: 8 days2011: 12 days2012: 8 days2013: 8 days2014: 8 days2015: 8 days2016: 12 days2017: 12 days2018: 35 days2019: 20 days

Source: World Bank. Measured in days.

Analysis

Romania recorded 20 days for starting a business: time - men in 2019.

The figure is down 42.9% on the previous year and up 150.0% over ten years.

Over the whole period, starting a business: time - men in Romania peaked at 35 days in 2018 and was at its lowest, 8 days, in 2007.

That places Romania 50th out of 188 countries with data for 2019, putting it 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 14.71 days 8 days 29 days 7
2010s 13.1 days 8 days 35 days 10

Countries ranked near Romania

  1. 48 Austria 21 days compare
  2. 49 Malta 20.5 days compare
  3. 51 Bangladesh 19.5 days compare
  4. 51 Croatia 19.5 days compare
  5. 53 Antigua and Barbuda 19 days compare
  6. 53 Kuwait 19 days compare

See the full ranking of 190 places →

More private sector data for Romania

All data for Romania →

Frequently asked questions

What is starting a business: time - men in Romania?
Starting a business: time - men in Romania was 20 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Romania?
The highest recorded value was 35 days in 2018.
What is the lowest starting a business: time - men recorded in Romania?
The lowest recorded value was 8 days in 2007.
How does Romania rank for starting a business: time - men?
Romania ranks 50th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Romania?
Over the last ten years it is up 150.0%. The long-run trend across the full record is volatile.
Where does this Romania 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.