Time required to start a business in Finland

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

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

Time required to start a business in Finland, 2003–2019

01020302003201120192003: 31 days2004: 17 days2005: 17 days2006: 17 days2007: 17 days2008: 17 days2009: 17 days2010: 17 days2011: 17 days2012: 17 days2013: 17 days2014: 17 days2015: 17 days2016: 17 days2017: 17 days2018: 17 days2019: 13 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

Finland recorded 13 days for time required to start a 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 a business in Finland peaked at 31 days in 2003 and was at its lowest, 13 days, 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.

Averages by decade

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

Countries ranked near Finland

  1. 80 Djibouti 14 days compare
  2. 80 Nicaragua 14 days compare
  3. 82 Cameroon 13.5 days compare
  4. 83 Burkina Faso 13 days compare
  5. 83 East Timor 13 days compare
  6. 83 Ghana 13 days compare
  7. 83 South Sudan 13 days 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 a business in Finland?
Time required to start a business in Finland was 13 days in 2019, according to Doing Business project, World Bank (2025) – processed by Our World in Data.
What is the highest time required to start a business recorded in Finland?
The highest recorded value was 31 days in 2003.
What is the lowest time required to start a business recorded in Finland?
The lowest recorded value was 13 days in 2019.
How does Finland rank for time required to start a business?
Finland ranks 83rd out of 188 countries with data for 2019.
Is time required to start a 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 Doing Business project, World Bank (2025) – processed by Our World in Data, published as part of Time required to start a 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).

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.