Time required to start business in Australia
Australia: Time required to start business was 2 in 2019. ▼ Falling
Time required to start business in Australia, 2003–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Australia is 2, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 20.0% on the previous year and down 20.0% over ten years.
Over the whole period, time required to start business in Australia peaked at 3 in 2003 and was at its lowest, 2, in 2019.
Australia ranks 183rd of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Time required to start business in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 3 | — |
| 2004 | 3 | +0.0% |
| 2005 | 3 | +0.0% |
| 2006 | 3 | +0.0% |
| 2007 | 3 | +0.0% |
| 2008 | 2.5 | -16.7% |
| 2009 | 2.5 | +0.0% |
| 2010 | 2.5 | +0.0% |
| 2011 | 2.5 | +0.0% |
| 2012 | 2.5 | +0.0% |
| 2013 | 2.5 | +0.0% |
| 2014 | 2.5 | +0.0% |
| 2015 | 2.5 | +0.0% |
| 2016 | 2.5 | +0.0% |
| 2017 | 2.5 | +0.0% |
| 2018 | 2.5 | +0.0% |
| 2019 | 2 | -20.0% |
Australia compared with similar countries
- Australia's 2 is below the median for high income countries, which is 8.5, 24% of the median. (62 countries reporting)
- Australia's 2 is below the median for East Asia & Pacific, which is 12.8, 16% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.86 | 2.5 | 3 | 7 |
| 2010s | 2.45 | 2 | 2.5 | 10 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is time required to start business in Australia?
- Time required to start business in Australia was 2 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Australia?
- The highest recorded value was 3 in 2003.
- What is the lowest time required to start business recorded in Australia?
- The lowest recorded value was 2 in 2019.
- How does Australia rank for time required to start business?
- Australia ranks 183rd out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Australia?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Australia 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).