Time required to start business in Finland

Finland: Time required to start business was 13 in 2019. ▼ Falling

Latest (2019)
13
Change on year
down 23.5%
World rank
83rd
of 188 countries
All-time high
31
in 2003
All-time low
13
in 2019
Years of data
17
2003–2019

Time required to start business in Finland, 2003–2019

01020302003201120192003: 312004: 172005: 172006: 172007: 172008: 172009: 172010: 172011: 172012: 172013: 172014: 172015: 172016: 172017: 172018: 172019: 13

Source: Our World in Data.

Analysis

Finland recorded 13 for time required to start business in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 23.5% on the previous year and down 23.5% over ten years.

Over the whole period, time required to start business in Finland peaked at 31 in 2003 and was at its lowest, 13, in 2019.

Finland ranks 83rd of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Time required to start business in Finland, year by year

Annual values for Time required to start business in Finland, 2003 to 2019.
Year Value Change
2003 31 —
2004 17 -45.2%
2005 17 +0.0%
2006 17 +0.0%
2007 17 +0.0%
2008 17 +0.0%
2009 17 +0.0%
2010 17 +0.0%
2011 17 +0.0%
2012 17 +0.0%
2013 17 +0.0%
2014 17 +0.0%
2015 17 +0.0%
2016 17 +0.0%
2017 17 +0.0%
2018 17 +0.0%
2019 13 -23.5%

Finland compared with similar countries

  • Finland's 13 is above the median for high income countries, which is 8.5, 1.5× the median. (62 countries reporting)
  • Finland's 13 is above the median for Europe & Central Asia, which is 7.25, 1.8× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 19 17 31 7
2010s 16.6 13 17 10

Countries ranked near Finland

  1. 80 Djibouti 14 compare
  2. 80 Nicaragua 14 compare
  3. 82 Cameroon 13.5 compare
  4. 83 Burkina Faso 13 compare
  5. 83 East Timor 13 compare
  6. 83 Ghana 13 compare
  7. 83 South Sudan 13 compare

See the full ranking of 188 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is time required to start business in Finland?
Time required to start business in Finland was 13 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Finland?
The highest recorded value was 31 in 2003.
What is the lowest time required to start business recorded in Finland?
The lowest recorded value was 13 in 2019.
How does Finland rank for time required to start business?
Finland ranks 83rd out of 188 countries with data for 2019.
Is time required to start business rising or falling in Finland?
Over the last ten years it is down 23.5%. The long-run trend across the full record is falling.
Where does this Finland 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.

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Time required to start business in Finland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/finland/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed