Starting a business: Time - Men in Vanuatu

Vanuatu: Starting a business: Time - Men was 18 days in 2019. ▼ Falling

Latest (2019)
18 days
Change on year
unchanged
World rank
56th
of 188 countries
All-time high
47 days
in 2003
All-time low
18 days
in 2016
Years of data
17
2003–2019

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

010203040502003201120192003: 47 days2004: 47 days2005: 47 days2006: 47 days2007: 47 days2008: 47 days2009: 47 days2010: 47 days2011: 33 days2012: 33 days2013: 35 days2014: 35 days2015: 35 days2016: 18 days2017: 18 days2018: 18 days2019: 18 days

Source: World Bank. Measured in days.

Analysis

In 2019, starting a business: time - men in Vanuatu stood at 18 days. That is the lowest value across all 17 years on record.

That represents a change of down 61.7% over ten years.

Over the whole period, starting a business: time - men in Vanuatu peaked at 47 days in 2003 and was at its lowest, 18 days, in 2016.

That places Vanuatu 56th out of 188 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 47 days 47 days 47 days 7
2010s 29 days 18 days 47 days 10

Countries ranked near Vanuatu

  1. 53 Antigua and Barbuda 19 days compare
  2. 53 Kuwait 19 days compare
  3. 55 St. Kitts and Nevis 18.5 days compare
  4. 56 Algeria 18 days compare
  5. 56 Guyana 18 days compare
  6. 56 Liberia 18 days compare

See the full ranking of 190 places →

More private sector data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is starting a business: time - men in Vanuatu?
Starting a business: time - men in Vanuatu was 18 days in 2019, according to the World Bank.
What is the highest starting a business: time - men recorded in Vanuatu?
The highest recorded value was 47 days in 2003.
What is the lowest starting a business: time - men recorded in Vanuatu?
The lowest recorded value was 18 days in 2016.
How does Vanuatu rank for starting a business: time - men?
Vanuatu ranks 56th out of 188 countries with data for 2019.
Is starting a business: time - men rising or falling in Vanuatu?
Over the last ten years it is down 61.7%. The long-run trend across the full record is falling.
Where does this Vanuatu 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.