Time to Start New Business fell 3.33% to 58.0 days in Chad in 2018

Time to Start New Business (days)
Economy | Chad | May 17, 2019
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Time to start new business reached 58.0 days in 2018 in Chad, according to the National Statistical Office. This is 3.33 % less than in the previous year.

Historically, time to start new business in Chad reached an all time high of 62.0 days in 2003 and an all time low of 53.0 days in 2011. When compared to Chad's main peers, time to start new business in Cameroon amounted to 13.5 days, 7.00 days in Niger, 10.9 days in Nigeria and 34.5 days in Sudan in 2018.

Chad has been ranked 11th within the group of 173 countries we follow in terms of time to start new business, 16 places above the position seen 10 years ago.

The time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business.

Time to Start New Business Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Algeria days 22.0 22.0 20.0 18.0 18.0
Benin days 29.5 18.5 12.5 12.5 8.50
Cameroon days 16.5 16.5 16.5 16.5 16.5
Central African Republic days 22.0 22.0 22.0 22.0 22.0
Chad days 60.0 60.0 60.0 60.0 60.0
Egypt days 12.5 12.5 12.5 16.5 16.5
Ethiopia days 40.0 39.0 39.0 35.0 35.0
Gabon days 54.0 47.0 47.0 47.0 47.0
Libya days ... ... 35.0 35.0 35.0 35.0 35.0
Mali days 8.00 11.0 11.0 8.50 8.50
Niger days 17.0 17.0 15.0 15.0 10.0
Nigeria days 28.0 30.3 30.3 30.3 24.9
South Sudan days ... ... 14.0 14.0 14.0 14.0 14.0
Sudan days 36.5 36.5 36.5 36.5 36.5