Starting a business: Time - Men in Sri Lanka
Sri Lanka: Starting a business: Time - Men was 8 days in 2019. ◆ Volatile
Starting a business: Time - Men in Sri Lanka, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Sri Lanka is 8 days, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 11.1% on the previous year and down 81.8% over ten years.
Over the whole period, starting a business: time - men in Sri Lanka peaked at 56 days in 2003 and was at its lowest, 8 days, in 2019.
Sri Lanka ranks 127th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.29 days | 42 days | 56 days | 7 |
| 2010s | 15.1 days | 8 days | 38 days | 10 |
Countries ranked near Sri Lanka
- 126 Mexico 8.41 days compare
- 127 Afghanistan 8 days compare
- 127 Bahrain 8 days compare
- 127 Benin 8 days compare
- 127 Gambia 8 days compare
- 127 Germany 8 days compare
- 127 Guinea-Bissau 8 days compare
- 127 South Korea 8 days compare
- 127 Madagascar 8 days compare
- 127 Sierra Leone 8 days compare
- 127 Slovenia 8 days compare
More private sector data for Sri Lanka
- Merchandise trade 32.2% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.7% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Food exports 27.3% (2024)
- Manufactures exports 66.0% (2024)
- Merchandise exports 13.58 billion current US$ (2025)
- Commercial service exports 6.87 billion current US$ (2024)
- Transport services 31.5% (2024)
- Computer, communications and other services 41.2% (2024)
Frequently asked questions
- What is starting a business: time - men in Sri Lanka?
- Starting a business: time - men in Sri Lanka was 8 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Sri Lanka?
- The highest recorded value was 56 days in 2003.
- What is the lowest starting a business: time - men recorded in Sri Lanka?
- The lowest recorded value was 8 days in 2019.
- How does Sri Lanka rank for starting a business: time - men?
- Sri Lanka ranks 127th out of 188 countries with data for 2019.
- Is starting a business: time - men rising or falling in Sri Lanka?
- Over the last ten years it is down 81.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.