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
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.
Across the 2 decades both report, Cyprus averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Cyprus | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8 days | 12 days | 4 days | Panama |
| 2010s | 7.2 days | 6.6 days | 0.6 days | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Cyprus or Panama?
- Cyprus, at 6 days against 6 days in Panama as of 2019.
- What is the difference in time required to start a business between Cyprus and Panama?
- 0 days, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Panama?
- 12 years are reported by both, from 2008 to 2019.
- How do Cyprus and Panama rank globally for time required to start a business?
- Cyprus ranks 150th and Panama ranks 150th of 188 countries.
- Where does this data come from?
- Doing Business project, World Bank (2025) β 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
Number of calendar days needed to complete the procedures to legally operate a business.