Panama vs Thailand: Time required to start a business
Panama
6 days
in 2019
Thailand
6 days
in 2019
Panama rank
150th
Thailand rank
150th
Time required to start a business over time
- Panama
- Thailand
How they compare
Panama currently reports 6 days against 6 days in Thailand, a difference of 0 days.
Across all 17 years both countries report, Thailand has been ahead every year.
Panama ranks 150th and Thailand ranks 150th of 188 countries.
Thailand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.29 days | 34.86 days | 18.57 days | Thailand |
| 2010s | 6.6 days | 23.7 days | 17.1 days | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher time required to start a business, Panama or Thailand?
- Panama, at 6 days against 6 days in Thailand as of 2019.
- What is the difference in time required to start a business between Panama and Thailand?
- 0 days, with Panama ahead.
- How many years of comparable data are there for Panama and Thailand?
- 17 years are reported by both, from 2003 to 2019.
- How do Panama and Thailand rank globally for time required to start a business?
- Panama ranks 150th and Thailand ranks 150th of 188 countries.
- Where does this data come from?
- Doing Business project, World Bank (2025) β 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.