Statizoid

Cyprus vs Panama: Time required to start a business

Cyprus
6 days
in 2019
Panama
6 days
in 2019
Cyprus rank
150th
Panama rank
150th

Time required to start a business over time

  • Cyprus
  • Panama
57.51012.51517.5200320112019

How they compare

Cyprus currently reports 6 days against 6 days in Panama, a difference of 0 days.

The two have swapped places 2 times across 12 shared years of data; in 2008 it was Panama ahead.

Cyprus ranks 150th and Panama ranks 150th of 188 countries.

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.