Bahamas vs Iceland: Time required to start a business

Bahamas
11.5 days
in 2019
Iceland
11.5 days
in 2019
Bahamas rank
98th
Iceland rank
98th

Time required to start a business over time

  • Bahamas
  • Iceland
0102030200420112019

How they compare

Bahamas currently reports 11.5 days against 11.5 days in Iceland, a difference of 0 days.

The two have swapped places 1 time across 13 shared years of data; in 2007 it was Bahamas ahead.

Bahamas ranks 98th and Iceland ranks 98th of 188 countries.

Bahamas has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Bahamas Iceland Difference Ahead
2000s 30.5 days 5 days 25.5 days Bahamas
2010s 22.2 days 8.85 days 13.35 days Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start a business, Bahamas or Iceland?
Bahamas, at 11.5 days against 11.5 days in Iceland as of 2019.
What is the difference in time required to start a business between Bahamas and Iceland?
0 days, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Iceland?
13 years are reported by both, from 2007 to 2019.
How do Bahamas and Iceland rank globally for time required to start a business?
Bahamas ranks 98th and Iceland ranks 98th of 188 countries.
Where does this data come from?
Doing Business project, World Bank (2025) – processed by Our World in Data, published as Time required to start a business. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.