Starting a business: Time - Men in Russia

Russia: Starting a business: Time - Men was 10.1 days in 2019. ▼ Falling

Latest (2019)
10.1 days
Change on year
unchanged
World rank
108th
of 188 countries
All-time high
43 days
in 2003
All-time low
10.1 days
in 2016
Years of data
17
2003–2019

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

102030402003201120192003: 43 days2004: 30 days2005: 29 days2006: 29 days2007: 29 days2008: 29 days2009: 29 days2010: 29 days2011: 29 days2012: 18 days2013: 13.2 days2014: 11.5 days2015: 10.8 days2016: 10.1 days2017: 10.1 days2018: 10.1 days2019: 10.1 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Russia stood at 10.1 days. That is the lowest value across all 17 years on record.

That represents a change of down 65.2% over ten years.

Over the whole period, starting a business: time - men in Russia peaked at 43 days in 2003 and was at its lowest, 10.1 days, in 2016.

Russia ranks 108th of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.14 days 29 days 43 days 7
2010s 15.19 days 10.1 days 29 days 10

Countries ranked near Russia

  1. 107 Trinidad and Tobago 10.5 days compare
  2. 109 Colombia 10 days compare
  3. 109 Gabon 10 days compare
  4. 109 Kyrgyzstan 10 days compare
  5. 109 Niger 10 days compare
  6. 109 Saudi Arabia 10 days compare
  7. 109 Saint Vincent and the Grenadines 10 days compare
  8. 109 Switzerland 10 days compare
  9. 109 Taiwan 10 days compare

See the full ranking of 190 places →

More private sector data for Russia

All data for Russia →

Frequently asked questions

What is starting a business: time - men in Russia?
Starting a business: time - men in Russia was 10.1 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Russia?
The highest recorded value was 43 days in 2003.
What is the lowest starting a business: time - men recorded in Russia?
The lowest recorded value was 10.1 days in 2016.
How does Russia rank for starting a business: time - men?
Russia ranks 108th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Russia?
Over the last ten years it is down 65.2%. The long-run trend across the full record is falling.
Where does this Russia 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.