South Korea vs Madagascar: Time required to start a business
South Korea
8 days
in 2019
Madagascar
8 days
in 2019
South Korea rank
131st
Madagascar rank
131st
Time required to start a business over time
- South Korea
- Madagascar
How they compare
South Korea currently reports 8 days against 8 days in Madagascar, a difference of 0 days.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Madagascar ahead.
South Korea ranks 131st and Madagascar ranks 131st of 188 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.57 days | 30.29 days | 13.71 days | Madagascar |
| 2010s | 8.7 days | 10.9 days | 2.2 days | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, South Korea or Madagascar?
- South Korea, at 8 days against 8 days in Madagascar as of 2019.
- What is the difference in time required to start a business between South Korea and Madagascar?
- 0 days, with South Korea ahead.
- How many years of comparable data are there for South Korea and Madagascar?
- 17 years are reported by both, from 2003 to 2019.
- How do South Korea and Madagascar rank globally for time required to start a business?
- South Korea ranks 131st and Madagascar ranks 131st 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.