Starting a business: Time - Women in Slovakia
Slovakia: Starting a business: Time - Women was 21.5 days in 2019. ◆ Volatile
Starting a business: Time - Women in Slovakia, 2003–2019
Source: World Bank. Measured in days.
Analysis
In 2019, starting a business: time - women in Slovakia stood at 21.5 days. That is the lowest value across all 17 years on record.
The figure is down 18.9% on the previous year and down 24.6% over ten years.
Over the whole period, starting a business: time - women in Slovakia peaked at 113 days in 2003 and was at its lowest, 21.5 days, in 2019.
Slovakia ranks 46th of 191 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Time - Women in Slovakia, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 113 days | — |
| 2004 | 62 days | -45.1% |
| 2005 | 37 days | -40.3% |
| 2006 | 37 days | +0.0% |
| 2007 | 37 days | +0.0% |
| 2008 | 28.5 days | -23.0% |
| 2009 | 28.5 days | +0.0% |
| 2010 | 28.5 days | +0.0% |
| 2011 | 28.5 days | +0.0% |
| 2012 | 28.5 days | +0.0% |
| 2013 | 33.5 days | +17.5% |
| 2014 | 26.5 days | -20.9% |
| 2015 | 26.5 days | +0.0% |
| 2016 | 26.5 days | +0.0% |
| 2017 | 26.5 days | +0.0% |
| 2018 | 26.5 days | +0.0% |
| 2019 | 21.5 days | -18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49 days | 28.5 days | 113 days | 7 |
| 2010s | 27.3 days | 21.5 days | 33.5 days | 10 |
Countries ranked near Slovakia
More private sector data for Slovakia
- Merchandise trade 160.5% (2025)
- Food imports 7.3% (2024)
- Manufactures imports 80.7% (2024)
- Merchandise imports 122.60 billion current US$ (2025)
- Food exports 4.7% (2024)
- Manufactures exports 88.6% (2024)
- Merchandise exports 125.44 billion current US$ (2025)
- Merchandise exports (current US$), per capita 23,171 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.8118 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.33 % change on previous year (2025)
Frequently asked questions
- What is starting a business: time - women in Slovakia?
- Starting a business: time - women in Slovakia was 21.5 days in 2019, according to the World Bank.
- What is the highest starting a business: time - women recorded in Slovakia?
- The highest recorded value was 113 days in 2003.
- What is the lowest starting a business: time - women recorded in Slovakia?
- The lowest recorded value was 21.5 days in 2019.
- How does Slovakia rank for starting a business: time - women?
- Slovakia ranks 46th out of 191 countries with data for 2019.
- Is starting a business: time - women rising or falling in Slovakia?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from the World Bank, published as part of Starting a business: Time - Women (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 women captures the median duration that business incorporation experts indicate is necessary for five female 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.