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Time to Start New Business in Iceland

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 11.5 days in 2019 in Iceland, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, time to start new business in Iceland reached an all time high of 12.0 days in 2015 and an all time low of 4.50 days in 2012.

Iceland has been ranked 89th within the group of 172 countries we follow in terms of time to start new business.

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