Time to Start New Business fell 47.5% to 32.0 days in Zimbabwe in 2018

Time to Start New Business (days)
Economy | Zimbabwe | May 17, 2019
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Time to start new business reached 32.0 days in 2018 in Zimbabwe, according to the National Statistical Office. This is 47.5 % less than in the previous year.

Historically, time to start new business in Zimbabwe reached an all time high of 132 days in 2003 and an all time low of 32.0 days in 2018. When compared to Zimbabwe's main peers, time to start new business in Botswana amounted to 48.0 days, 17.0 days in Mozambique, 40.0 days in South Africa and 8.50 days in Zambia in 2018.

Zimbabwe has been ranked 33rd within the group of 173 countries we follow in terms of time to start new business, 20 places behind 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
Angola days 66.0 66.0 66.0 36.0 36.0
Botswana days 40.0 41.0 48.0 48.0 48.0
Dem. Republic of the Congo days 58.5 31.5 16.5 11.5 11.5
Lesotho days 29.0 29.0 29.0 29.0 29.0
Malawi days 37.0 40.0 38.0 38.0 37.0
Mozambique days 21.0 21.0 21.0 21.0 21.0
Namibia days 66.0 66.0 66.0 66.0 66.0
South Africa days 45.0 45.0 46.0 46.0 45.0
Swaziland days 56.0 38.0 30.0 30.0 30.0
Tanzania days 29.0 29.0 29.0 29.0 29.0
Zambia days 18.5 8.50 8.50 8.50 8.50
Zimbabwe days 87.0 91.0 91.0 91.0 91.0