Starting a business: Time - Men in Singapore

Singapore: Starting a business: Time - Men was 1.5 days in 2019. ◆ Volatile

Latest (2019)
1.5 days
Change on year
unchanged
World rank
184th
of 188 countries
All-time high
8 days
in 2003
All-time low
1.5 days
in 2018
Years of data
17
2003–2019

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

24682003201120192003: 8 days2004: 8 days2005: 6 days2006: 6 days2007: 5 days2008: 3.5 days2009: 2.5 days2010: 2.5 days2011: 2.5 days2012: 2.5 days2013: 2.5 days2014: 2.5 days2015: 2.5 days2016: 2.5 days2017: 2.5 days2018: 1.5 days2019: 1.5 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - men in Singapore is 1.5 days, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 40.0% over ten years.

Over the whole period, starting a business: time - men in Singapore peaked at 8 days in 2003 and was at its lowest, 1.5 days, in 2018.

That places Singapore 184th out of 188 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.57 days 2.5 days 8 days 7
2010s 2.3 days 1.5 days 2.5 days 10

Countries ranked near Singapore

  1. 182 Togo 2.5 days compare
  2. 183 Australia 2 days compare
  3. 184 Canada 1.5 days compare
  4. 184 Hong Kong 1.5 days compare
  5. 187 Georgia 1 days compare

See the full ranking of 190 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is starting a business: time - men in Singapore?
Starting a business: time - men in Singapore was 1.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Singapore?
The highest recorded value was 8 days in 2003.
What is the lowest starting a business: time - men recorded in Singapore?
The lowest recorded value was 1.5 days in 2018.
How does Singapore rank for starting a business: time - men?
Singapore ranks 184th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Singapore?
Over the last ten years it is down 40.0%. The long-run trend across the full record is volatile.
Where does this Singapore 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.