Time required to start business in Cyprus
Cyprus: Time required to start business was 6 in 2019. ▼ Falling
Latest (2019)
6
Change on year
unchanged
World rank
150th
of 188 countries
All-time high
8
in 2008
All-time low
6
in 2016
Years of data
12
2008–2019
Time required to start business in Cyprus, 2008–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Cyprus stood at 6. That is the lowest value across all 12 years on record.
The figure is down 25.0% over ten years.
Over the whole period, time required to start business in Cyprus peaked at 8 in 2008 and was at its lowest, 6, in 2016.
Cyprus ranks 150th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Time required to start business in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 8 | — |
| 2009 | 8 | +0.0% |
| 2010 | 8 | +0.0% |
| 2011 | 8 | +0.0% |
| 2012 | 8 | +0.0% |
| 2013 | 8 | +0.0% |
| 2014 | 8 | +0.0% |
| 2015 | 8 | +0.0% |
| 2016 | 6 | -25.0% |
| 2017 | 6 | +0.0% |
| 2018 | 6 | +0.0% |
| 2019 | 6 | +0.0% |
Cyprus compared with similar countries
- Cyprus's 6 is below the median for high income countries, which is 8.5, 71% of the median. (62 countries reporting)
- Cyprus's 6 is below the median for Europe & Central Asia, which is 7.25, 83% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8 | 8 | 8 | 2 |
| 2010s | 7.2 | 6 | 8 | 10 |
Countries ranked near Cyprus
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is time required to start business in Cyprus?
- Time required to start business in Cyprus was 6 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Cyprus?
- The highest recorded value was 8 in 2008.
- What is the lowest time required to start business recorded in Cyprus?
- The lowest recorded value was 6 in 2016.
- How does Cyprus rank for time required to start business?
- Cyprus ranks 150th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Cyprus?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Cyprus 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 — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).