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Time to Start New Business in European Union

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 12.2 days in 2019 in the European Union, according to the National Statistical Office. This is 8.37% less than in the previous year.

Historically, time to start new business in the European Union reached an all time high of 45.5 days in 2003 and an all time low of 12.2 days in 2019.

European Union has been ranked within the group of 172 countries we follow in terms of time to start new business.

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