Time to start new business reached 48.0 days in 2018 in Botswana, according to the National Statistical Office. This is the same as in the previous year.
Historically, time to start new business in Botswana reached an all time high of 125 days in 2003 and an all time low of 40.0 days in 2011. When compared to Botswana's main peers, time to start new business in Namibia amounted to 66.0 days, 40.0 days in South Africa, 8.50 days in Zambia and 32.0 days in Zimbabwe in 2018.
Botswana has been ranked 14th within the group of 173 countries we follow in terms of time to start new business, 4 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.