Panama vs Senegal: Time required to start a business

Panama
6 days
in 2019
Senegal
6 days
in 2019
Panama rank
150th
Senegal rank
150th

Time required to start a business over time

  • Panama
  • Senegal
0204060200320112019

How they compare

Panama currently reports 6 days against 6 days in Senegal, a difference of 0 days.

The two have swapped places 4 times across 17 shared years of data; in 2003 it was Senegal ahead.

Panama ranks 150th and Senegal ranks 150th of 188 countries.

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

Head to head by decade

Decade Panama Senegal Difference Ahead
2000s 16.29 days 43.43 days 27.14 days Senegal
2010s 6.6 days 6.3 days 0.3 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 Senegal?
Panama, at 6 days against 6 days in Senegal as of 2019.
What is the difference in time required to start a business between Panama and Senegal?
0 days, with Panama ahead.
How many years of comparable data are there for Panama and Senegal?
17 years are reported by both, from 2003 to 2019.
How do Panama and Senegal rank globally for time required to start a business?
Panama ranks 150th and Senegal ranks 150th 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 Senegal: 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/senegal/

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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.