Panama vs Portugal: Time required to start a business

Panama

6 days

in 2019

Portugal

6.5 days

in 2019

Panama rank

150th

Portugal rank

147th

Time required to start a business over time

Portugal currently reports 6.5 days against 6 days in Panama, a difference of 0.5 days.

That makes Portugal's figure about 1.1 times Panama's.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Portugal ahead.

Panama ranks 150th and Portugal ranks 147th of 188 countries.

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: 07 August 2026

Number of calendar days needed to complete the procedures to legally operate a business.