Time required to start business in Armenia
Armenia: Time required to start business was 4 in 2019. ◆ Volatile
Time required to start business in Armenia, 2003–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Armenia is 4, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 71.4% over ten years.
Over the whole period, time required to start business in Armenia peaked at 18 in 2003 and was at its lowest, 4, in 2018.
That places Armenia 168th out of 188 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Time required to start business in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 18 | — |
| 2004 | 18 | +0.0% |
| 2005 | 18 | +0.0% |
| 2006 | 17 | -5.6% |
| 2007 | 17 | +0.0% |
| 2008 | 17 | +0.0% |
| 2009 | 14 | -17.6% |
| 2010 | 14 | +0.0% |
| 2011 | 8 | -42.9% |
| 2012 | 8 | +0.0% |
| 2013 | 5 | -37.5% |
| 2014 | 5 | +0.0% |
| 2015 | 5 | +0.0% |
| 2016 | 5 | +0.0% |
| 2017 | 5 | +0.0% |
| 2018 | 4 | -20.0% |
| 2019 | 4 | +0.0% |
Armenia compared with similar countries
- Armenia's 4 is below the median for upper middle income countries, which is 12, 33% of the median. (55 countries reporting)
- Armenia's 4 is below the median for Europe & Central Asia, which is 7.25, 55% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17 | 14 | 18 | 7 |
| 2010s | 6.3 | 4 | 14 | 10 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is time required to start business in Armenia?
- Time required to start business in Armenia was 4 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Armenia?
- The highest recorded value was 18 in 2003.
- What is the lowest time required to start business recorded in Armenia?
- The lowest recorded value was 4 in 2018.
- How does Armenia rank for time required to start business?
- Armenia ranks 168th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Armenia?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).