Starting a business: Time - Men in Suriname

Suriname: Starting a business: Time - Men was 66 days in 2019. ◆ Volatile

Latest (2019)
66 days
Change on year
unchanged
World rank
9th
of 188 countries
All-time high
697 days
in 2005
All-time low
66 days
in 2016
Years of data
15
2005–2019

Starting a business: Time - Men in Suriname, 2005–2019

02004006002005201220192005: 697 days2006: 689 days2007: 689 days2008: 690 days2009: 690 days2010: 690 days2011: 690 days2012: 690 days2013: 204 days2014: 84 days2015: 84 days2016: 66 days2017: 66 days2018: 66 days2019: 66 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Suriname stood at 66 days. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 90.4% over ten years.

Over the whole period, starting a business: time - men in Suriname peaked at 697 days in 2005 and was at its lowest, 66 days, in 2016.

That places Suriname 9th out of 188 countries with data for 2019, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 691 days 689 days 697 days 5
2010s 270.6 days 66 days 690 days 10

Countries ranked near Suriname

  1. 6 Bosnia and Herzegovina 80 days compare
  2. 7 Iran 72 days compare
  3. 8 Somalia 70 days compare
  4. 10 Chad 58 days compare
  5. 11 Namibia 54 days compare
  6. 12 Congo 49 days compare

See the full ranking of 190 places →

More private sector data for Suriname

All data for Suriname →

Frequently asked questions

What is starting a business: time - men in Suriname?
Starting a business: time - men in Suriname was 66 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Suriname?
The highest recorded value was 697 days in 2005.
What is the lowest starting a business: time - men recorded in Suriname?
The lowest recorded value was 66 days in 2016.
How does Suriname rank for starting a business: time - men?
Suriname ranks 9th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Suriname?
Over the last ten years it is down 90.4%. The long-run trend across the full record is volatile.
Where does this Suriname 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 — 15 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.