Micronesia (country) vs Vietnam: Time required to start a business
Micronesia (country)
16 days
in 2019
Vietnam
16 days
in 2019
Micronesia (country) rank
69th
Vietnam rank
69th
Time required to start a business over time
- Micronesia (country)
- Vietnam
How they compare
Micronesia (country) currently reports 16 days against 16 days in Vietnam, a difference of 0 days.
Across all 17 years both countries report, Vietnam has been ahead every year.
Micronesia (country) ranks 69th and Vietnam ranks 69th of 188 countries.
Vietnam has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.86 days | 43.71 days | 24.86 days | Vietnam |
| 2010s | 16 days | 27.1 days | 11.1 days | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Micronesia (country) or Vietnam?
- Micronesia (country), at 16 days against 16 days in Vietnam as of 2019.
- What is the difference in time required to start a business between Micronesia (country) and Vietnam?
- 0 days, with Micronesia (country) ahead.
- How many years of comparable data are there for Micronesia (country) and Vietnam?
- 17 years are reported by both, from 2003 to 2019.
- How do Micronesia (country) and Vietnam rank globally for time required to start a business?
- Micronesia (country) ranks 69th and Vietnam ranks 69th 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.
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About this data
Number of calendar days needed to complete the procedures to legally operate a business.