Starting a business: Time - Men in Serbia

Serbia: Starting a business: Time - Men was 7 days in 2019. ◆ Volatile

Latest (2019)
7 days
Change on year
up 27.3%
World rank
140th
of 188 countries
All-time high
56 days
in 2003
All-time low
5.5 days
in 2017
Years of data
17
2003–2019

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

02040602003201120192003: 56 days2004: 56 days2005: 23 days2006: 23 days2007: 23 days2008: 23 days2009: 13 days2010: 13 days2011: 13 days2012: 12 days2013: 12 days2014: 11.5 days2015: 11.5 days2016: 6.5 days2017: 5.5 days2018: 5.5 days2019: 7 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Serbia stood at 7 days.

The figure is up 27.3% on the previous year and down 46.2% over ten years.

Over the whole period, starting a business: time - men in Serbia peaked at 56 days in 2003 and was at its lowest, 5.5 days, in 2017.

That places Serbia 140th 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 31 days 13 days 56 days 7
2010s 9.75 days 5.5 days 13 days 10

Countries ranked near Serbia

  1. 138 Sweden 7.5 days compare
  2. 139 Nigeria 7.23 days compare
  3. 140 Democratic Republic of Congo 7 days compare
  4. 140 Hungary 7 days compare
  5. 140 Myanmar 7 days compare
  6. 140 Sao Tome and Principe 7 days compare
  7. 140 Tajikistan 7 days compare
  8. 140 Turkey 7 days compare

See the full ranking of 190 places →

More private sector data for Serbia

All data for Serbia →

Frequently asked questions

What is starting a business: time - men in Serbia?
Starting a business: time - men in Serbia was 7 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Serbia?
The highest recorded value was 56 days in 2003.
What is the lowest starting a business: time - men recorded in Serbia?
The lowest recorded value was 5.5 days in 2017.
How does Serbia rank for starting a business: time - men?
Serbia ranks 140th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Serbia?
Over the last ten years it is down 46.2%. The long-run trend across the full record is volatile.
Where does this Serbia 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.