Starting a business: Time - Men in Thailand

Thailand: Starting a business: Time - Men was 6 days in 2019. ▼ Falling

Latest (2019)
6 days
Change on year
unchanged
World rank
150th
of 188 countries
All-time high
35 days
in 2003
All-time low
6 days
in 2017
Years of data
17
2003–2019

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

102030402003201120192003: 35 days2004: 35 days2005: 35 days2006: 35 days2007: 35 days2008: 35 days2009: 34 days2010: 34 days2011: 32 days2012: 31 days2013: 31 days2014: 31 days2015: 31 days2016: 29 days2017: 6 days2018: 6 days2019: 6 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Thailand stood at 6 days. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 82.4% over ten years.

Over the whole period, starting a business: time - men in Thailand peaked at 35 days in 2003 and was at its lowest, 6 days, in 2017.

That places Thailand 150th out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 34.86 days 34 days 35 days 7
2010s 23.7 days 6 days 34 days 10

Countries ranked near Thailand

  1. 147 Portugal 6.5 days compare
  2. 147 Ukraine 6.5 days compare
  3. 147 Uruguay 6.5 days compare
  4. 150 Cote d'Ivoire 6 days compare
  5. 150 Cyprus 6 days compare
  6. 150 Mauritania 6 days compare
  7. 150 Panama 6 days compare
  8. 150 Senegal 6 days compare

See the full ranking of 190 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is starting a business: time - men in Thailand?
Starting a business: time - men in Thailand was 6 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Thailand?
The highest recorded value was 35 days in 2003.
What is the lowest starting a business: time - men recorded in Thailand?
The lowest recorded value was 6 days in 2017.
How does Thailand rank for starting a business: time - men?
Thailand ranks 150th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Thailand?
Over the last ten years it is down 82.4%. The long-run trend across the full record is falling.
Where does this Thailand 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.