Starting a business: Time - Men (days) in Singapore
Singapore: Starting a business: Time - Men was 1.5 days in 2019. ◆ Volatile
Starting a business: Time - Men in Singapore, 2003–2019
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 187th out of 191 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.
Starting a business: Time - Men in Singapore, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 8 days | — |
| 2004 | 8 days | +0.0% |
| 2005 | 6 days | -25.0% |
| 2006 | 6 days | +0.0% |
| 2007 | 5 days | -16.7% |
| 2008 | 3.5 days | -30.0% |
| 2009 | 2.5 days | -28.6% |
| 2010 | 2.5 days | +0.0% |
| 2011 | 2.5 days | +0.0% |
| 2012 | 2.5 days | +0.0% |
| 2013 | 2.5 days | +0.0% |
| 2014 | 2.5 days | +0.0% |
| 2015 | 2.5 days | +0.0% |
| 2016 | 2.5 days | +0.0% |
| 2017 | 2.5 days | +0.0% |
| 2018 | 1.5 days | -40.0% |
| 2019 | 1.5 days | +0.0% |
Singapore compared with similar countries
- Singapore's 1.5 days is below the median for high income countries, which is 8.25 days, 18% of the median. (62 countries reporting)
- Singapore's 1.5 days is below the median for East Asia & Pacific, which is 12.82 days, 12% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More private sector data for Singapore
- Merchandise trade 177.6% (2025)
- Food imports 3.7% (2024)
- Manufactures imports 70.9% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Food exports 2.8% (2024)
- Manufactures exports 74.5% (2024)
- Merchandise exports 566.87 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.11 % change on previous year (2025)
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 187th out of 191 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
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.