Statizoid

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
10203040200320112019

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.

Individual pages

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.