Luxembourg vs Marshall Islands: Time required to start a business
Luxembourg
16.5 days
in 2019
Marshall Islands
17 days
in 2019
Luxembourg rank
65th
Marshall Islands rank
62nd
Time required to start a business over time
- Luxembourg
- Marshall Islands
How they compare
Marshall Islands currently reports 17 days against 16.5 days in Luxembourg, a difference of 0.5 days.
The two have swapped places 1 time across 14 shared years of data; in 2006 it was Luxembourg ahead.
Luxembourg ranks 65th and Marshall Islands ranks 62nd of 188 countries.
Across the 2 decades both report, Luxembourg averaged higher in 1 and Marshall Islands in 1.
Head to head by decade
| Decade | Luxembourg | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.5 days | 17 days | 7.5 days | Luxembourg |
| 2010s | 16.5 days | 17 days | 0.5 days | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Luxembourg or Marshall Islands?
- Marshall Islands, at 17 days against 16.5 days in Luxembourg as of 2019.
- What is the difference in time required to start a business between Luxembourg and Marshall Islands?
- 0.5 days, with Marshall Islands ahead.
- How many years of comparable data are there for Luxembourg and Marshall Islands?
- 14 years are reported by both, from 2006 to 2019.
- How do Luxembourg and Marshall Islands rank globally for time required to start a business?
- Luxembourg ranks 65th and Marshall Islands ranks 62nd 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.
Individual pages
About this data
Number of calendar days needed to complete the procedures to legally operate a business.