Starting a business: Time - Men (days) in Serbia
Serbia: Starting a business: Time - Men was 7 days in 2019. ◆ Volatile
Starting a business: Time - Men in Serbia, 2003–2019
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 141st out of 191 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.
Starting a business: Time - Men in Serbia, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 56 days | — |
| 2004 | 56 days | +0.0% |
| 2005 | 23 days | -58.9% |
| 2006 | 23 days | +0.0% |
| 2007 | 23 days | +0.0% |
| 2008 | 23 days | +0.0% |
| 2009 | 13 days | -43.5% |
| 2010 | 13 days | +0.0% |
| 2011 | 13 days | +0.0% |
| 2012 | 12 days | -7.7% |
| 2013 | 12 days | +0.0% |
| 2014 | 11.5 days | -4.2% |
| 2015 | 11.5 days | +0.0% |
| 2016 | 6.5 days | -43.5% |
| 2017 | 5.5 days | -15.4% |
| 2018 | 5.5 days | +0.0% |
| 2019 | 7 days | +27.3% |
Serbia compared with similar countries
- Serbia's 7 days is below the median for upper middle income countries, which is 12 days, 58% of the median. (56 countries reporting)
- Serbia's 7 days is above the median for Europe & Central Asia, which is 7 days, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31 days | 13 days | 56 days | 7 |
| 2010s | 9.75 days | 5.5 days | 13 days | 10 |
Countries ranked near Serbia
More private sector data for Serbia
- Merchandise trade 84.6% (2025)
- Food imports 5.8% (2007)
- Manufactures imports 69.5% (2007)
- Merchandise imports 47.23 billion current US$ (2025)
- Food exports 18.6% (2007)
- Manufactures exports 65.9% (2007)
- Merchandise exports 37.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,698 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3733 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.13 % change on previous year (2025)
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 141st out of 191 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
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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.