Starting a business: Time - Men in Ukraine

Ukraine: Starting a business: Time - Men was 6.5 days in 2019. ▼ Falling

Latest (2019)
6.5 days
Change on year
unchanged
World rank
147th
of 188 countries
All-time high
41 days
in 2003
All-time low
6.5 days
in 2016
Years of data
17
2003–2019

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

102030402003201120192003: 41 days2004: 35 days2005: 35 days2006: 34 days2007: 28 days2008: 28 days2009: 28 days2010: 28 days2011: 25 days2012: 23 days2013: 22 days2014: 22 days2015: 8 days2016: 6.5 days2017: 6.5 days2018: 6.5 days2019: 6.5 days

Source: World Bank. Measured in days.

Analysis

Ukraine recorded 6.5 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 76.8% over ten years.

Over the whole period, starting a business: time - men in Ukraine peaked at 41 days in 2003 and was at its lowest, 6.5 days, in 2016.

Ukraine ranks 147th of 188 countries on this measure, 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 32.71 days 28 days 41 days 7
2010s 15.4 days 6.5 days 28 days 10

Countries ranked near Ukraine

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

See the full ranking of 190 places →

More private sector data for Ukraine

All data for Ukraine →

Frequently asked questions

What is starting a business: time - men in Ukraine?
Starting a business: time - men in Ukraine was 6.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Ukraine?
The highest recorded value was 41 days in 2003.
What is the lowest starting a business: time - men recorded in Ukraine?
The lowest recorded value was 6.5 days in 2016.
How does Ukraine rank for starting a business: time - men?
Ukraine ranks 147th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Ukraine?
Over the last ten years it is down 76.8%. The long-run trend across the full record is falling.
Where does this Ukraine 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.