Starting a business: Time - Men in Solomon Islands

Solomon Islands: Starting a business: Time - Men was 9 days in 2019. ◆ Volatile

Latest (2019)
9 days
Change on year
unchanged
World rank
117th
of 188 countries
All-time high
55 days
in 2003
All-time low
7 days
in 2012
Years of data
17
2003–2019

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

1020304050602003201120192003: 55 days2004: 55 days2005: 55 days2006: 55 days2007: 55 days2008: 55 days2009: 55 days2010: 55 days2011: 41 days2012: 7 days2013: 9 days2014: 9 days2015: 9 days2016: 9 days2017: 9 days2018: 9 days2019: 9 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Solomon Islands stood at 9 days.

That represents a change of down 83.6% over ten years.

Over the whole period, starting a business: time - men in Solomon Islands peaked at 55 days in 2003 and was at its lowest, 7 days, in 2012.

Solomon Islands ranks 117th of 188 countries on this measure, 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 55 days 55 days 55 days 7
2010s 16.6 days 7 days 55 days 10

Countries ranked near Solomon Islands

  1. 117 Cape Verde 9 days compare
  2. 117 Morocco 9 days compare
  3. 117 Samoa 9 days compare
  4. 117 Tunisia 9 days compare

See the full ranking of 190 places →

More private sector data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is starting a business: time - men in Solomon Islands?
Starting a business: time - men in Solomon Islands was 9 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Solomon Islands?
The highest recorded value was 55 days in 2003.
What is the lowest starting a business: time - men recorded in Solomon Islands?
The lowest recorded value was 7 days in 2012.
How does Solomon Islands rank for starting a business: time - men?
Solomon Islands ranks 117th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Solomon Islands?
Over the last ten years it is down 83.6%. The long-run trend across the full record is volatile.
Where does this Solomon Islands 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.