South Korea vs Mexico: Time required to start a business

South Korea
8 days
in 2019
Mexico
8.4 days
in 2019
South Korea rank
131st
Mexico rank
129th

Time required to start a business over time

  • South Korea
  • Mexico
051015200320112019

How they compare

Mexico currently reports 8.4 days against 8 days in South Korea, a difference of 0.4 days.

That makes Mexico's figure about 1.1 times South Korea's.

Across all 7 years both countries report, Mexico has been ahead every year.

South Korea ranks 131st and Mexico ranks 129th 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.