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Emerging markets: Government > Red tape > Time required to start a business stats

Definitions

  • Days: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
  • Days per million: Time required to start a business (days). Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. Figures expressed per million population for the same year.
STAT EMERGING MARKETS TOTAL EMERGING MARKETS AVERAGE DATES
Days 673.5
14% of surveyed countries
26.94
10% more than average
2013
Days per million 1.33
33 times less than average
2012

Citation

"Emerging markets Time required to start a business Profile", NationMaster. Retrieved from http://www.nationmaster.com/country-info/groups/Emerging-markets/Government/Red-tape/Time-required-to-start-a-business