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Time to Start New Business in Slovakia

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 21.5 days in 2019 in Slovakia, according to the National Statistical Office. This is 18.9% less than in the previous year.

Historically, time to start new business in Slovakia reached an all time high of 113 days in 2003 and an all time low of 21.5 days in 2019.

Slovakia has been ranked 45th within the group of 172 countries we follow in terms of time to start new business.

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