South Korea vs Madagascar: Time required to start business

South Korea
8
in 2019
Madagascar
8
in 2019
South Korea rank
131st
Madagascar rank
131st

Time required to start business over time

  • South Korea
  • Madagascar
0204060200320112019

How they compare

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

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 30.29 13.71 Madagascar
2010s 8.7 10.9 2.2 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start business, South Korea or Madagascar?
South Korea, at 8 against 8 in Madagascar as of 2019.
What is the difference in time required to start business between South Korea and Madagascar?
0, 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 business?
South Korea ranks 131st and Madagascar ranks 131st of 188 countries.
Where does this data come from?
Our World in Data, published as Time required to start business. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Madagascar: Time required to start business. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/time-required-to-start-business/korea-rep/madagascar/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed