Germany vs South Korea: Time required to start a business

Germany
8 days
in 2019
South Korea
8 days
in 2019
Germany rank
131st
South Korea rank
131st

Time required to start a business over time

  • Germany
  • South Korea
1020304050200320112019

How they compare

Germany currently reports 8 days against 8 days in South Korea, a difference of 0 days.

The two have swapped places 1 time across 17 shared years of data; in 2003 it was Germany ahead.

Germany ranks 131st and South Korea ranks 131st of 188 countries.

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

Head to head by decade

Decade Germany South Korea Difference Ahead
2000s 26.71 days 16.57 days 10.14 days Germany
2010s 11.5 days 8.7 days 2.8 days Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start a business, Germany or South Korea?
Germany, at 8 days against 8 days in South Korea as of 2019.
What is the difference in time required to start a business between Germany and South Korea?
0 days, with Germany ahead.
How many years of comparable data are there for Germany and South Korea?
17 years are reported by both, from 2003 to 2019.
How do Germany and South Korea rank globally for time required to start a business?
Germany ranks 131st and South Korea ranks 131st 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.

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Germany vs South Korea: Time required to start a business. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/time-required-to-start-business/germany/korea-rep/

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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.