Statizoid

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
0204060200320112019

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.

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.