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

  • Panama
  • Portugal
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How they compare

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.

Across the 2 decades both report, Panama averaged higher in 1 and Portugal in 1.

Head to head by decade

Decade Panama Portugal Difference Ahead
2000s 16.29 days 33.57 days 17.29 days Portugal
2010s 6.6 days 6.45 days 0.15 days Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher time required to start a business, Panama or Portugal?
Portugal, at 6.5 days against 6 days in Panama as of 2019.
What is the difference in time required to start a business between Panama and Portugal?
0.5 days, with Portugal ahead.
How many years of comparable data are there for Panama and Portugal?
17 years are reported by both, from 2003 to 2019.
How do Panama and Portugal rank globally for time required to start a business?
Panama ranks 150th and Portugal ranks 147th 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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Panama vs Portugal: Time required to start a business. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/time-required-to-start-business/panama/portugal/

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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.